Gapwaves: On the starting grid - Redeye

Gapwaves' net sales and EBITDA, excluding ACI, surpassed Redeye Research estimates (RRe). Also, Hella has achieved the start of production (SOP), marking a significant milestone, although it is financially minor during the ramp-up period expected from 2024-2025. Gapwaves has prepared its organization for higher volumes and is strategically positioned with three signed tier-1 agreements and potentially a fourth. Despite these positive developments, Redeye calibrated its estimates, resulting in a lower fair value range.

Länk till analysen i sin helhet: https://www.redeye.se/research/1005897/gapwaves-on-the-starting-grid?utm_source=finwire&utm_medium=RSS