Waystream will publish its interim report on Thursday, July 13 [1].
The closing share price on July 7, 2023, was 41.9 SEK, and the number of shares was 8,069,763 [2]. The company’s market capitalization was thus 338 MSEK. If the market capitalization is converted into euros using the ECB exchange rate from July 7, 2023 (1 EUR = 11.9075 SEK) [3], the result is €28.4 million.
Q1/23 revenue was 30.4 MSEK [4], which is clearly below the average revenue of last year’s quarters (34.7 MSEK). If the revenue for the last three quarters of 2023 averages at least (138.7 MSEK - 30.4 MSEK) / 3 = 36.1 MSEK, the company would match last year’s revenue. On the other hand, if this does not happen, revenue will decrease from last year. In the upcoming interim report, my focus will be on how much revenue the company has managed to generate during the second quarter.
| Period | Revenue |
|---|---|
| Q1/22 | 25.3 MSEK |
| Q2/22 | 28.9 MSEK |
| Q3/22 | 36.6 MSEK |
| Q4/22 | 47.9 MSEK |
| 2022 | 138.7 MSEK |
[1] Waystream financial calendar
[2] Waystream Group Nasdaq (nasdaqomxnordic.com)
[3] Exchange rates (suomenpankki.fi)
[4] Financial reports | Waystream