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MSAB B — Micro Systemation AB (publ) News Story

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Sweden's Micro Systemation Q2 revenue rises on digital forensic solutions demand

Sweden's Micro Systemation Q2 revenue rises on digital forensic solutions demand


Overview

  • Sweden forensic tech firm's Q2 revenue rose 52% yr/yr

  • Co posted operating profit, and EPS improved to SEK 0.51 from a loss last year

  • Company cites strong demand for digital forensics, and recent contract win in Australia


Outlook

  • Company expects continued strong demand for digital forensic solutions, supported by structural market drivers

  • Company says macroeconomic uncertainty and administrative factors may affect timing of some procurement processes

  • Supplier changes may slow certain product upgrades during autumn but are expected to benefit customers long term


Result Drivers

  • STRONG MARKET DEMAND - Co said growth was underpinned by rising demand for digital forensic solutions due to increasing data volumes and complexity in cyber and crime-related activities

  • REGIONAL CONTRACT WINS - Co cited stable EMEA performance, growth in Latin America, and significant contracts in Canada and Australia as supporting results

  • PRODUCT DEVELOPMENT - Co said ongoing investment in product development, including a major product update and enhancements to XRY Pro, supported growth


Company press release: ID:nMFN5QWXc9


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Adjusted EPS

SEK 0.51

Q2 Net Income

SEK 9.40 mln

Q2 Adjusted Free Cash Flow

SEK 22.80 mln

Q2 EBIT

SEK 12.60 mln

Q2 EBIT Margin

10.30%


Analyst Coverage

  • The one available analyst rating on the shares is "strong buy"

  • The average consensus recommendation for the office equipment peer group is "buy."

  • Wall Street's median 12-month price target for Micro Systemation AB (publ) is SEK86.00, about 4.6% above its July 15 closing price of SEK82.20

  • The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 17 three months ago


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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