Redeye: Maximum Entertainment - Solid Q2-result, but continued high debt
Redeye updates on Maximum Entertainment post Q2-results where topline was somewhat soft while EBITDA was in line with expectations, supported by a strong gross margin. While we have made limited changes to our estimates, we have lowered our valuation range to reflect the risk of an equity raise owing to a continued high debt level.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/