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Thunderful Group: A transformational quarter - Redeye

Redeye provides an update on Thunderful Group following its Q2 2024 report. The company has had a transformational quarter with the divestment of the distribution business and showed solid sales numbers but with muted margins. We have revised our estimates and valuation on the back of the report.

Redeye provides an update on Thunderful Group following its Q2 2024 report. The company has had a transformational quarter with the divestment of the distribution business and showed solid sales numbers but with muted margins. We have revised our estimates and valuation on the back of the report.
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