View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

  
reports
Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Terminating coverage

ABGSC terminates coverage of Safeture Due to the end of the contractual period Last published estimates are shown in this report

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Strong ARR growth for Safeture in Q1’21

ARR SEK 27m, +1.3% vs. ABGSCe, +41.8% y-o-y Estimate changes on the back of Q1’21 report EV/ARR of 10.3-5.3x for ‘21e-‘23e on ABGSCe

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Strong ARR growth in Q4’20

Q4 ARR growth of 37.2% vs. ABGSCe 40.0% Estimates driven by new cost base fuelling growth EV/ARR of 8.2-4.2x for ’21e-’23e

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Strong ARR growth in Q3’20

ARR SEK 23m, +44.6% y-o-y, +9.6pp vs. ABGSCe We raise our ‘20e-‘22e ARR estimate by 7.7% EV/sales 11x-6x ‘20e-‘22e, ~60% above peer median

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Mixed bag for Safeture in Q2’20

Q2’20 ARR SEK 17m, -16.1% vs. ABGSCe, +26% y-o-y Churn of 8% due to client insolvency risks, but… …order intake remains strong from large customers

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Recurring revenues show strong growth

Q1’20: ARR SEK 19m, +46.0% y-o-y Long-awaited deal with Siemens signed EV/sales 11.6x-6.0x for ‘20e-‘22e

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Solid quarter

2019: 84% recurring revenues and 1% churn SEK 10m credit facility secured from majority shareholder EV/sales 8.8x-5.4x ‘20e-‘22e, ~30% above peer avg.

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - ESG profile

Information on Safeture’s ESG activities and initiatives is not easily available to external investors and stakeholders, therefore we see potential to improve in this regard. The company has not yet clarified any KPIs on ESG targets or other ESG metrics. ESG profile

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - Investor presentation reveals financial targets

Presentation at Introduce Investor Days… …brought new financial targets and KPI’s Expectations are high at current valuation

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - A busy quarter for Safeture

Q3 net turnover SEK 6m, -19.9% vs. ABGSCe Public takeover offer at SEK 10 per share… …results in EV/Sales 11x-6x for ‘19e-‘21e

Jesper Birch-Jensen
  • Jesper Birch-Jensen

Safeture AB - New CEO takes the reigns

Q2’19 slightly below ABGSCe in absolute values Several notable agreements signed Foundation for long-term growth is falling into place

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...

New interest

Save your current filters as a new Interest

Please enter a name for this interest

Email alerts

Would you like to receive real-time email alerts when a new report is published under this interest?

Save This Search

These search results will show up under 'Saved searches' in the left panel

Please enter a name for this saved search

ResearchPool Subscriptions

Get the most out of your insights

Get in touch