Report
Eirik Thune Øritsland ...
  • Øystein Elton Lodgaard

Q-Free - Strong backlog but short-term pressure on GM

Component shortage affected Q3 and likely to affect Q4 Lower ‘23e EBITDA mainly due to product sales Fair value range of NOK 7-12 per share
Underlying
Q-Free ASA

Q-Free is a global supplier of solutions and products for Road User Charging and Traffic Management. Co. operates mainly in the market of Road User Charging (RUC) maintaining activity within Traffic Management, delivering software components for law enforcement, parking/access control and travel time systems through selected partners. Co. offers solutions and products based on state of the art technology, and offers supplies within DSRC (Dedicated Short Range Communication), ALPR (Automatic License Plate Recognition) and GNSS (Global Navigation Satellite System) based solutions, with deliveries in Europe, Asia Pacific, Middle East and North and South America.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Eirik Thune Øritsland

Øystein Elton Lodgaard

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