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Press release

Redeye: Lime (Q4 preview) - German momentum, slight forecast reductions, and the lowest valuation multiple since 2019

Lime Technologies

Redeye lowers its forecasts and Base Case slightly, which, however, remains substantially above the current share price. We are encouraged by the continued momentum within German utilities and the recent acquisition. While organic ARR growth has declined and AI concerns are putting pressure on most SaaS businesses, Lime is trading at the lowest valuation multiple since 2019.

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

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Lime (Q4 preview) - German momentum, slight forecast reductions, and the lowest valuation multiple since 2019

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