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SENASTE
Redeye concludes that TH1NG’s reported revenues were in line with our estimates, yet the gross margin was considerably stronger than expected. Additionally, OPEX was slightly lower, resulting in a stronger-than-expected EBIT. TH1NG now targets reaching positive cash flow in 2025 and has been granted a bridge loan of SEK10m from its main owner, Skellefteå Kraft.
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