Redeye: Updated analysis of Formpipe

The lower than expected sales in Q2 are mainly explained by the SaaS trend, meaning more and more orders are done as a cloud service. However, we believe that the shift will have a positive impact in the long term and positive is also the increase regarding recurring revenues. With the scalability in mind, we expect profitability in Formpipe to improve over time.

Read more and download the Research Update by Johan Svantesson: https://goo.gl/9TgQ4u

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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/