Report

- Restless

eve Sleep’s (eve) disruptive model is seeing positive traction and management is pressing the pedal to grow the brand. While carrying execution risk, indications after this short first period are at least equal to expectations at IPO and the valuation on a sales basis appears undemanding.
Underlying
eve Sleep

eve Sleep is an e-commerce company. Co. is focused on direct to consumer European sleep brand which designs and sells eve-branded mattresses and other sleep products. Co. has six products, including foam mattress, topper, pillow, sheets, protector and duvet. Co.'s foam mattress made are up of three layers: a base layer of high-density foam, which provides support and durability; a middle layer of open-celled foam, which encourages air flow; and a top layer of next-generation memory foam, which moulds around pressure points and then springs back once the pressure is released. Co.'s protector product is made of 100% cotton and a Neotherm membrane.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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