Oct. 24 at 9:56 AM
$STEM This earnings report will reflect the impact of the changes implemented by the new leadership. Now we should start seeing a much brighter outlook. We’re not fully there yet, improvements will continue, but the financials are set to be significantly stronger.
While the company may not post huge revenue growth, the focus is on margins and scaling ARR toward profitability.
For this quarter, I expect an adjusted EBITDA of around €5 million and positive cash flow. Achieving this would be a very encouraging result. I anticipate revenue of approximately €40 million this quarter, with Q4 likely being their strongest quarter, potentially reaching around €50 million in revenue.
It will be important to see ARR grow by at least €3 million this quarter, and ideally, CARR should increase by at least €4 million.
I was pleased with Q2 earnings, however the modest increase in CARR was somewhat disappointing. I’m looking forward to next week and remain optimistic about the company’s trajectory.
