Flexion Mobile: Strong Holiday Season with an Estimate Beat
Research Note
2022-03-09
09:02
Redeye comments on Flexion Mobile’s Q4 report. Revenue of GBP 10.5 million was above our estimate of GBP 9.4 million. EBIT was GBP 0.6 million (estimate GBP 0.06 million). Flexion reiterates its guidance of 40-60% growth in 2022. Our base case currently estimates a growth of 40% in 2022.
TO
DZ
Tomas Otterbeck
Danesh Zare
Disclosures and disclaimers