Redeye: Wyld Networks - High business activity and a cash injection of cSEK16m
Redeye provides an update to Wyld Networks Q1 2023 report and the outcome of the T03 warrants subscription. The report did not reveal any major surprises, and we observed a quarter characterized by significant business activity. In Q1’23, Wyld doubled its order book compared to FY’22, indicating strong demand. Considering the lower-than-anticipated outcome of the T03 warrants and the Q1’23 report, we have revised our forecasts and fair value range. Our new Base case is SEK20 (SEK23) per share.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/