Redeye updates on Better Collective following its Q4-results where the outcome was in line with the pre-announced numbers. As such, the focus in the report was the guidance for 2024, where the company’s revenue guidance implies solid growth of 19-29%. This was largely in line with our topline forecast, while the EBITDA-guidance suggests somewhat lower profitability than we expected. On the back of this, we have trimmed our 2024-25E estimates slightly while we leave our valuation range unchanged.

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