Verve (Media and Games Invest) - Growing Cash Cow from Sweden

Here are Christoffer Jennel’s pre-view comments as Verve prepares to report its Q2 results next Thursday :slight_smile:

We expect revenue to grow strongly from a soft comparison period, which was significantly impacted by the platform outage. At the same time, we expect underlying profitability to remain under pressure due to planned front-loaded investments in sales personnel. In the report, our attention is focused primarily on the cash flow statement – specifically, the progress in expanding the capacity of the securitization program and early signs of customer numbers stabilizing ahead of the expected H2-weighted operational turnaround. We expect the company to reiterate its full-year guidance.

10 Likes