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TH1NG Q4 2023: Results in line with preliminary figures - Redeye

Redeye concludes that the figures in the Q4 2023 report from TH1NG align with the previously disclosed preliminary figures. As predicted from the preliminary figures, the gross margin was weaker, and the cost base was higher than our estimates. Consequently, the EBITDA fell slightly below our estimate by SEK0.5m despite net sales exceeding our expectations by around 20%.

Redeye concludes that the figures in the Q4 2023 report from TH1NG align with the previously disclosed preliminary figures. As predicted from the preliminary figures, the gross margin was weaker, and the cost base was higher than our estimates. Consequently, the EBITDA fell slightly below our estimate by SEK0.5m despite net sales exceeding our expectations by around 20%.
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