Redeye is encouraged by solid gross margins and clearly lower Opex than we expected. EBITDA is still in the reds, but given the anticipated ramp-up in H2, break-even should soon be within reach. We are growing more optimistic on the case, but would like to see a bit more progress before making any major changes to our forecasts and valuation.

info@redeye.se (Redeye.se)

Redeye AB - Redeye.se