This is an updated reseach following the Q1 report. Our take is that the company is moving straight in the right direction. Most notably, we like the focus on recurring revenues and the separate reporting of TRaaS. We believe about 95 % of our 2019 sales estimates are covered by the order book, coming orders from the Saudi contract, current levels of TRaaS and smaller repeat orders (sub SEK 5m).

info@redeye.se (Redeye.se)

Redeye AB - Redeye.se