Waystream Q1 2025: Beats our estimates - Redeye

Redeye comments on Waystream’s Q1 report, which managed to beat our estimates across the board. This seems to be due to solid business demand, especially in the rest of Europe, with the new German operator presented in late 2024 being the main driver. Waystream’s increased cost focus has also borne fruit, and the profitability also increased significantly y-o-y thanks to a favourable customer sales mix, showcasing Waysteam’s scalable business model as sales grow. All in all, Waystream managed to present its third strongest quarter ever (in terms of sales and EBITDA), which we consider impressive given the current macro environment. Hopefully, this momentum can stay intact throughout the year.

Länk till analysen i sin helhet: https://www.redeye.se/research/1096892/waystream-q1-2025-beats-our-estimates?utm_source=finwire&utm_medium=RSS