Analysis Netmore: Revenue growth indicates right path

The IoT business plan set out by Netmore by early 2019 is now beginning to pay off, though it is still a way to go before reaching a break-even result. The Company now raise some SEK 37 million in an oversubscribed rights issue. We raise our base case share price target to SEK 1.08 (previously 1.00). Read the full report here (Swedish).