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Analyst Comment

Tecnotree announced new contract

By Roni PeuranheimoAnalyst
Tecnotree

Translation: Original published in Finnish on 11/14/2024 at 7:23 am EET.

Tecnotree has announced a new contract for BSS systems. The deal was announced via a press release, which gives an indication of the potential size of the transaction (the threshold for a stock exchange release is 10% of the previous year's revenue). The customer is MobileCoreX, a mobile operator based in Nigeria, as we understand it. The operator uses Tecnotree products to digitize and streamline its own internal operations. 

The press release did not specify whether the deal was done on a license basis or on an annual recurring revenue (ARR) model, which has been playing an increasing role in Tecnotree's new deals lately. The new contract is of course positive for Tecnotree, but the location of the customer exposes Tecnotree to currency risks and we also estimate that the repayment of receivables may be slow. The press release does not imply any need to change the forecast.

Tecnotree operates in the IT sector. The company specializes in the development of digital communication solutions. The services include, for example, business process services and subscription management for corporate customers in telecom and other digital service providers. Operations are held on a global level, with the largest presence in Asia, Africa and the Middle East.

Read more on company page

Forum discussions

"Talk is cheap. Instead, we have long been voting with our money and have significantly increased our ownership stake. Even after the offer,...
10 hours ago
by Junnu
16
Based on that, one might think so. But that’s what was thought about Kakkonen at first too, until his mind changed… I don’t have access to the...
15 hours ago
by Lenheeti
4
You can also gauge this by looking at the number of shareholders on Nordnet. The biggest drop has already occurred, and presumably, most current...
16 hours ago
by Construct-Destruct
9
Everyone has to make that decision for themselves; personally, I have decided that my shares won’t go at that price except through the redemption...
17 hours ago
by nestori59
24
I think Nieminen is not selling. I doubt his spokesperson would have written this otherwise: It is indeed a bit difficult to conduct a poll ...
yesterday
by MoneyWalker
17
One would think that Nieminen isn’t selling, given that he has been buying so aggressively, likely with the intent of blocking the deal, so ...
yesterday
by Satu
12
I have to admit I’m quite lost at the moment as to whether to sell these Tecnotrees or what the smartest move with them would be…
yesterday
by Pekubullion
0
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