Redeye: Paynova - Time to harvest

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Paynova reported an EBITDA somewhat below our expectations, SEK -4.7 million versus SEK -3.5 million. The company expects 90% growth with existing customer agreements within its core business in 2018. With an estimated average growth rate of 50 percent the next three years, Paynova seems like an interesting growth case. Read more in our new Research Update:

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