Iconovo: First impressions - Q3 20 - Danske Bank
Conclusion *Iconovo reported net sales of SEK5. 8m (+66% y/y) vs. our estimates of SEK3. 3m (was SEK3.
5m in Q3-19). The main deviation in net sales regards to higher milestone payments than expected in ongoing projects and a technology access fee from BNC Korea being booked in the quarter.