Here are Joni’s pre-earnings thoughts as Netum publishes its Q2 results next Tuesday. ![]()
We estimate Netum’s revenue to have decreased due to the gradual reduction in workload from large projects and challenging new sales. Additionally, we predict profitability to have declined from the previous quarter but to have been better than the sector average in Q2. There is clear uncertainty regarding profitability, as the company had to implement change negotiations in Q2, and their effects have likely remained very small for that quarter. It is important for the company to succeed in new sales now in H1, so that the declining workload can be compensated for and revenue can be turned back to growth.