Multitude as an investment

Here is the company report on Multitude from Roni following Q1 :slight_smile:

Multitude’s Q1 results fell short of our forecasts, although the company reiterated its full-year guidance. There are clear profitability drivers for the remainder of the year, but we see a limited margin of safety in the guidance. Sortter continues to support the earnings outlook and strengthens the growth story. As the valuation remains very low, we reiterate our Buy recommendation and our target price of EUR 7.8.