Dlaboratory: Welcome boost from booming attention on power grid stability - Emergers
Tämä on kolmannen osapuolen analyysi, eikä välttämättä vastaa Inderesin näkemystä tai arvoja
The rise of network stability and electricity security on the public agenda has finally started to translate into a material rise in interest for Dlab’s services. While we note record sales in Q2’22, several new orders and expansions with existing customers, a 45% increase in recurring revenues in the quarter, as well as a new international customer in Dubai, the lower than expected contribution from SLB motivates a slight revision of our forecast for 2022.
All in all, we find support for a fair value of SEK 5-7 (7-9) per share on a 12-24 month horizon, but also note that a breakthrough in the international roll-out holds potential for business in the hundreds of millions, which can change the valuation significantly.
All in all, we find support for a fair value of SEK 5-7 (7-9) per share on a 12-24 month horizon, but also note that a breakthrough in the international roll-out holds potential for business in the hundreds of millions, which can change the valuation significantly.