Redeye provides a research update following Hoylu’s Q2 2023 report. Total ARR amounted to SEK56.2m and was slightly higher than expected while operating expenses aligned with our expectations, which made the bottom line somewhat less negative than anticipated. Accordingly, we make forecast changes that have a minor positive impact on our valuation.

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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/

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Hoylu - Traction within construction

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