GomSpace: Updated Guidance - Redeye

Redeye is positive to GomSpace’s revised guidance, which confirms 2025 revenues and margins in the upper range of the guided interval, which aligns with our current forecast. Moreover, the positive Cash flow target is suspended, impacted by the timing of projects and payments. We find this natural, given the nature of the business. We make no changes to estimates or valuation and are encouraged by the company’s transparent communication.

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