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Tecnotree receives a new Sensa AI solution order

TEM1VAnalyst Comment27.10.2023 klo 08.22
Roni PeuranheimoAnalyst
Discuss

Translation: Original comment published in Finnish on 10/27/2023 at 7:06 am EEST

Tecnotree announced that it has signed a deal to deliver its BSS platform and Sensa AI solution with an operator in the MENA region. According to the press release, this is an order of several million dollars, but it did not exceed the threshold for a stock exchange release (at least 10% of the previous year's revenue).

According to the release, this is the second Sensa platform deal with its operator customer. The new order containing the AI solution is naturally positive for Tecnotree, signaling that there is demand for the company’s AI solution in the company’s customer field. The name of the customer or the exact structure of the order was not disclosed in the release. With the Sensa platform, Tecnotree’s customer strives to deepen its customer commitment, improve its operational efficiency and support the monetization of its various services.

The deal helps support the growth outlook we expect for Tecnotree in the coming years. During fall, Tecnotree has announced new orders quite actively, most of which, we believe have been relatively small. On the other hand, the company announced a "several million" deal last week. Our forecasts will be reviewed again after the Q3 result announced today, where order intake development is an area of interest. Our pre-comment can be found here. You can watch the company’s webcast today at 11.00 am EEST here.

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Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process services and subscription management for corporate customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence in Asia, Africa and the Middle East.

Read more on company page

Forum discussions

I read through the announcement and strongly suspect that instead of a takeover bid, the company has received a Nigerian prince scam (advance...
2 hours ago
by Mustakasi
10
This was trading at a price of 1 - 1.5 euros in 2021 before the 1:20 reverse split. That means a price of 20 - 30 euros. The current price of...
2 hours ago
by Lauri67
6
Kyösti became a brand ambassador, saying “I changed my mind, it’s worth selling at the given €5.7 offer now.” This interview/news item can probably...
2 hours ago
by Lexus
6
After all this trudging, I would consider any offer over 10 euros a lottery win that I would gladly jump at. Of course, that wouldn’t cover ...
5 hours ago
12
This magic threshold is starting to approach for me, and I have to say, I’m now unsure what to do with these shares. Part of me says it would...
5 hours ago
by Gunman
0
I also understood that Kakkonen had accepted the offer.. But he now says this: “I have said all along that the offer price is far too cheap....
5 hours ago
by Gunman
14
Tärkeimmät talousuutiset | Kauppalehti – 14 Jul 26 Suursijoittaja Kyösti Kakkonen: Tecnotreen osakkeen hinta voi nousta... Helsingin pörssiin...
6 hours ago
by Montau
22