/LCAM reports

Medistim ASA – Solid quality company in a blue ocean market

Cutting edge technology solutions for an old world problem. Cardiac and vascular diseases continue to be the most common cause of death in the western world. During a coronary bypass surgery for example, the doctor have to rely on their own sense to identify where is located the artery blockage as well as use their [...]

Storytel AB – Too high hopes for quick international success

Revenue growth of 25,2% CAGR from 2016 to 2022 due to aggressive international expansion. We expect revenues to grow to 2,9 billion SEK in 2022, up from 700 MSEK in 2016, which equals a CAGR of 25,2%. The revenue growth will mostly be driven by the international scale-up, as the company will continue to focus [...]

BTS Group – High quality firm positioned to deliver impressive growth

Diversified Business Model BTS has a diverse client portfolio consisting of established players in their industry. BTS’ global presence, highly competitive and innovative offerings, and premium brand recognition continue to produce a high paced growth in sales. BTS is adapting to digital transformations and introducing more interactive online platforms as a source of future growth. [...]

Hanza Holding – Margin expansion expected to drive shareholder value

Revenue is expected to increase through higher production volume and new customers. Revenue is expected to increase from 1 399,7 MSEK 2017 to 2008,9 MSEK 2020E, a 43,5 % increase which equals a CAGR of 12,8 %. A significant portion of the increase is due to the acquisition of Wermland Mechanics “Wermech” (EV/EBIT 7,0x)  in [...]