GOMspace: Q2 focus to be on continued execution - ABG
We expect Q2 to be solid, with revenues of SEK 63m
FCF guidance should be reiterated...
...as the company continues to execute on its strategy
Staff cuts take effect from H2e
We expect Q2 to be solid, with the liquidity issues from H1'23 being less of a focus area after the completed rights issue in April. Moreover, we expect to hear more about the progress of some of the implemented cost-reduction efforts, such as the staff cuts, which were implemented in January and expected to have full impact from H2'23, with a normalized full-year impact of SEK 60m in savings.
Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/gomspace/Equity-research/2023/8/gomspace---q2-focus-to-be-on-continued-execution/