Redeye returns with positive estimate adjustments following GomSpace’s trading update that beat our estimates.
Redeye is positive to GomSpace’s trading update published this morning, which included solid growth and surprisingly strong profitability.
Redeye provides some additional comments and makes positive valuation changes following GomSpace's conference call on the back of last week'...
This morning GomSpace announced a directed share issue of SEK200m to its largest shareholder the Hargreaves family at SEK 7 per share.
Redeye initiates coverage of GomSpace, a leading smallsat provider with a strong market position and proven reliability, now entering a prof...
Q2 numbers reflect transformation process... ...with e.
We expect Q2 to be solid, with revenues of SEK 63m FCF guidance should be reiterated.
Solid Q1 with sales of SEK 78m (flat y-o-y) Guidance model changed, in line with profitability focus Company now expects FCF to be positive ...
Share issue expected to lead to a more stable company Brand, technology and underlying market remain strong ABGSC scenario-based fair value ...
Raising SEK 122m at a SEK 1.3 subscription price The board of directors has, with support of the authorisation from the annual general meeti...
Weaker-than-expected Q4 due to cancelled large customer FY'23 guidance places ABGSCe at the low end of the range We now expect positive EBIT...
We expect Q4 to be on the soft side The focus will be on the leadership changes.
CEO to step down after 9 years... .. and Chairman of the board resigns with immediate effect New CEO expected to be announced during Q1 Mat...
Guidance downgraded as large customer refuses to pay Focus on cash and liquidity intensified Scenario-based fair value range down to SEK 6...
Contract worth SEK 43m (~11% of FY’23 ABGSCe rev) Expected to be margin accretive on group level These contract types are good for busine...
Soft Q2, while orderbook profitability is increasing FY’22 guidance reiterated, expecting a stronger H2 Scenario based fair value range rei...
Q2’22 somewhat below expectations H2’22 financials expected to improve Overall, a neutral to slightly positive Q2 report Higher degree of lo...
Increased costs likely to squeeze Q2 margins Guidance likely to be reiterated given strong Q1 buffer We keep our scenario-based FV range of...
Q1 revenues beat cons. by 54%, reaching SEK 78m FY’22 guidance reiterated, despite strong start to the year Scenario-based fair value range ...
Strong Q1’22 beat – revenues 54% higher than cons. New orders in Q1, driven by higher-margin segments We expect a positive share reaction t...
While Q2 was slightly below our estimates, focus is on the Indra order for three satellites, a demonstration project that if successful coul...
