Here’s the latest interim report: Interim report, January–June 2023 - Sinch AB
Looking at the background, I would have imagined encountering something terrible, but this doesn’t look bad at all. The turnaround is clearly progressing. The market offering seems to be on point, and this is certainly not a penny stock traveling from one share issue to another. If the company succeeds in its goals even roughly, the stock is cheap by any metric. Looking at the history, this probably involves some bitter investment experiences, but the timing to get on board now doesn’t seem like a bad idea at all.