Penneo Q2: Initial Take - Redeye

Redeye will likely make forecast adjustments following Penneo’s Q2’22 report, showing slightly lower ARR growth than expected. However, Penneo maintained its FY’22 ARR guidance of DKK 77-82m, corresponding to a 40%-49% y/y growth, as well as the EBITDA guidance of a negative of DKK 15-20m. Consequently, we will make minor forecast adjustments that will slightly affect our valuation.

Länk till analysen i sin helhet: https://www.redeye.se/research/852968/penneo-q222-initial-take?utm_source=finwire&utm_medium=RSS