Efecte: Serving Europe - Redeye

Redeye initiates coverage on Efecte, a Finnish IT/Enterprise Service Management SaaS platform, targeting the European mid-market. While currently running at ~zero margins favoring sales growth over profitability, strong SaaS metrics suggest Efecte is set for high profitability going forward. Considering Efecte is trading at <3x sales 2023E, we believe the market’s expectations on future profitability are too defensive.

Länk till analysen i sin helhet: https://www.redeye.se/research/835512/efecte-serving-europe?utm_source=finwire&utm_medium=RSS