Redeye: Hoylu - ARR-SaaS Growth Accelerates
Redeye lowers its Base Case following Hoylu’s Q1’22 report. Overall, the report was nearly in line with our total ARR expectations and its ARR-SaaS segment continues to grow, being positive. However, its costs continued to increase and were more than we expected. Therefore, our 2022E and 2023E forecast are slightly adjusted.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/