Crunchfish: Third time a charm? New offline strategy targets system integration - Emergers

With its third attempt to scale offline payments in India, Crunchfish hopes that its new Offline Terminal Infrastructure (OTI) will mark a turning point. With the OTI, the company addresses the ecosystem-wide barriers that stalled its previous attempts, this time with a model directly aligned with India’s payment architecture. Following a revision of our rNPV model, we now find support for an rNPV of SEK 2.3 (1.7) per share, while noting that this remains based on very crude assumptions, detailed on page 2 of this report.

Länk till analysen i sin helhet: https://www.emergers.se/crunchfish-c25/