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VOQUZ Labs AG

PRESS RELEASE

published on 01/24/2024 at 09:02, 9 months 28 days ago

Original-Research: VOQUZ Labs AG (von NuWays AG): BUY
VOQUZ Labs AG has been upgraded from NuWays AG with a recommendation to buy. The company recently published strong 2023 order intake figures, indicating improved operations in the second half of the year. With a reassuring order intake and strong trading momentum, the company is expected to see sequential improvements in 2023 and return to double-digit top-line growth, positive EBITDA, and FCF generation in 2024. The compelling mid-term prospects and undemanding valuation indicate favorable investment potential.

EBITDA VOQUZ Labs AG NuWays AG 2023 Order Intake Mid-term Prospects

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