Tecnotree receives a new Sensa AI solution order

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.