JonDeTech Sensors - Building for exciting 2024 - Mangold Insight Analysis
Mangold is updating its view on JonDeTech Sensors (JonDeTech). In the fourth quarter, the company delivered the first JIRS40 to Yoyon with additional products delivered in January. The delivery related to smart locks and dialog is conducted around extended uses and recurring orders. In addition, the company received a design win and orders from GMT for SEK 0.9 million regarding presence detection for smart refrigerators. The company is well on the way to commercializing JIRE10 and JIRS30 which will diversify revenue streams and, in our judgment, lead to progressively increased revenue.The