Safeture (Q3 Initial take): Continued ARR Growth but a Hiccup in Churn - Redeye

Redeye views Safeture's Q3 as a steady quarter, with ARR growing 11% y/y. Churn ticked up following the exit of a legacy client, but solid upselling kept NRR stable at 100%. Gross margins were a clear highlight, remaining at a strong 83% and reflecting the scalability of recent platform upgrades. While EBIT of SEK 1.1m was a touch below our forecast, the absolute difference is minor. Following the report, we expect to make minor estimate adjustments.

Länk till analysen i sin helhet: https://www.redeye.se/research/1188099/safeture-q3-initial-take-continued-arr-growth-but-a-hiccup-in-churn?utm_source=finwire&utm_medium=RSS