Formpipe (Q4 review): Profitability secured, growth in focus for 2026 - Redeye

Redeye retains its positive view of Formpipe following a mixed Q4 report, which showed strong profitability but weak growth. We expect the significant SEK14 per share dividend to support the share price in the short term, while improving ARR growth is key to the long-term case.

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