Published: 11/17/2023 9:09:00 AM
Redeye comments on Imint"s Q3 2023 report, which exceeded our sales estimates but fell below expectations on an EBIT level. While we had already factored in the impact of the lost Chinese customer in May, it appears that the majority of the effect will manifest in 2024. Additionally, Imint did not capitalise on any development costs, influencing near-term estimates. Lastly, Imint has set new financial goals: a minimum of SEK 60 million in net sales and an EBITDA margin of 15% by 2026. These objectives are intriguing, provided they can be achieved
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