Most Nordic SaaS stocks had a weak performance since mid-2021. However, most companies continued to deliver solid, scalable growth, resulting in depressed multiples. Seeing several profitable, high-quality Nordic SaaS names trading at 10-20x EBIT 2023E and major multiple contractions in cash flow negative companies with solid SaaS metrics, Redeye believe the Nordic SaaS sector is more interesting than seen in a while. Especially since most SaaS businesses are resilient to recessions. Redeye has an ongoing ambition to become a SaaS go-to adviser in the Nordic region. Therefore, Redeye welcome investors each half-year to their recurring theme events to learn more about the invited companies and their opportunities and challenges ahead.
Redeye Event Theme SaaS Day. Most Nordic SaaS stocks had a weak performance since mid-2021. However, most companies continued to deliver solid, scalable growth, resulting in depressed multiples. Seeing several profitable, high-quality Nordic SaaS names trading at 10-20x EBIT 2023E and major multiple contractions in cash flow negative companies with solid SaaS metrics, Redeye believe the Nordic SaaS sector is more interesting than seen in a while. Especially since most SaaS businesses are resilient to recessions. Redeye has an ongoing ambition to become a SaaS go-to adviser in the Nordic region. Therefore, Redeye welcome investors each half-year to their recurring theme events to learn more about the invited companies and their opportunities and challenges ahead.
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