Sales 5% vs. ABGSCe, adj. EBITA 7% vs. ABGSCe No material estimate changes Trading at 9-6x EV/EBITA on '24e-'26e (8-11% FCF yields) Adj. EBITA +5% vs. ABGSCe, 67% converted to FCF Awardit delivered Q1 sales of SEK 286m, 5% above ABGSCe, mainly driven...
Adj. EBITA of SEK 63m, 0% vs. ABGSCe in Q4 FCF was softer because of negative working capital effect EBITA ests -4-5%; share is trading at 4.7x-2.7x '24e-'26e EV/EBITA Sales and EBITA in line Sales of SEK 428m (-1% vs. ABGSCe) and adj. EBITA of SEK 63m...
Q4 due on 20 February; we forecast -2% org. growth EBITA cut 1% on '24e-'25e because of FX 4.6x-3.6x EV/EBITA with 15-17% FCF yield on '24e-'25e -2% organic growth and SEK 63m adj. EBITA in Q4e We forecast stable performance in the Nordic business ex...
Revises MBXP financials, takes SEK 43m loss MBXP earnout reduced from SEK 125m to zero, lifts net cash Expect slight est cuts on lower long-term expectations for MBXP Revised numbers show losses for MBXP in 2021 and 2022 Awardit has completed the internal...
Continued headwinds in Denmark and Germany in Q3 Underlying '24e-'25e EBITA cut 12-9%, but neutral incl. IPO M&A Share is trading at 7.1x-3.9x EV/EBITA on '23e-'24e Gift Cards underperformed again while core Loyalty grew Poor performance in MBXP continued...
Adj. EBITA SEK 12m, -50% vs. ABGSCe SEK 24m MBXP continued to hold back profitability, sales in line Consensus est's to come down 7-8% on '24e-'25e Q3 details Sales SEK 250m (0% vs ABGSCe 248m). EBITA 8m (-67% vs ABGSCe 24m). Adj EBITA 12m (-50% vs. ...
Acquires IPO Prämien Services for EUR 7.8m Implied multiple of 16x-4x EBITDA on '22/23-'21/22 Could add 8% to 2042e adj. EBITA based on mgmt. expectations Acquires IPO Prämien Services at 16x-4x EBITDA Awardit will acquire 100% of IPO Prämien Services...