Report
Stephane Beyazian

NFON AG : Less growth and more profits for 2023

>2023 outlook is in line with consensus - NFON plans for 5-10% revenue growth in 2023, which is broadly in line with the consensus (+7%) and Q4 2022 trends (+7,6% y-o-y); we stress, however, that the consensus also forecasts ~8% growth per annum in 2024 and 2025 which requires no slowdown in customer momentum. 12-16 months ago, the consensus was planning rather for annual growth of 10-15%.NFON also expects adjusted EBITDA of € 4m in 2023, which sits above the con...
Underlying
NFON AG

Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Company's services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Beyazian

ResearchPool Subscriptions

Get the most out of your insights

Get in touch