Sleep Cycle Q1: Initial take - Redeye

Redeye has a positive take on Sleep Cycle's robust underlying growth. Net subscriber uplift rose 12% YoY to 920 thousand. Moreover, ARPU increased by SEK10, and the coming price hikes could increase this KPI further. Net sales missed our expectations by c.6%, but the EBIT margin came in higher than management guidance and beat our expectations by 2%-points.

Länk till analysen i sin helhet: https://www.redeye.se/research/839460/sleep-cycle-q1-initial-take?utm_source=finwire&utm_medium=RSS