Västra Hamnen Corp. Finance

Crunchfish: Recalibrating risk metrics

  • Crunchfish signed their first revenue-deal within Digital Cash
  • We have revised our valuation model and increased risk coefficients
  • We lower our fair value to SEK 25.80 (51.70) per share

Crunchfish’s report for Q2 2023 is a story of high and lows. The company signed its first revenue deal for the business segment Digital Cash, and the company is now preparing for continued market activities. However, the report raises concerns about the value per contract, short-term deal flow and the timeframe until the company reaches breakeven. On top of that, the company needs further financing in the near term. We have reassessed the risk-profile of Crunchfish, and revised short-term projections which has resulted in an updated fair value of SEK 25.80 (51.70) per share.

The full report is available here.

Datum 2023-08-28, kl 17:45
Källa MFN
Vill du synas här? Kontakta hej@allaaktier.se. Vår sajt har 100 000 sidvisningar och 10 000 unika besökare per månad. Vår discord har över 5000 medlemmar. Detta är aktiva sparare med ett stort aktieintresse. Behöver du nå ut till denna målgrupp så hör av dig!