LeadDesk: The growth leap hit the board
LeadDesk almost doubled its revenue in H1 driven by acquisitions. Overall, the H1 report confirmed that the company's growth story is still on track. LeadDesk has progressed systematically in expanding to the European market that is growing with the cloud revolution, and we still see good drivers for the company to continue on the same path. After the short-term uncertainty dispersed, the share's valuation has increased (2021e EV/S 5.3x), but not too much to keep up with the stably progressing growth story.
LeadDesk
LeadDesk operates in the IT sector. The company is a technical developer of software solutions that are further used for the analysis and processing of customers' sales and support functions. The largest presence is in the Nordic market, where customers consist of small and medium-sized corporate customers. The head office is located in Helsinki.
Read more on company pageKey Estimate Figures30.08.2021
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 13.8 | 26.2 | 32.7 |
growth-% | 11.69 % | 89.99 % | 24.67 % |
EBIT (adj.) | 0.4 | 2.3 | 3.0 |
EBIT-% (adj.) | 3.21 % | 8.85 % | 9.08 % |
EPS (adj.) | 0.07 | 0.29 | 0.39 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | 516.20 | 22.68 | 16.77 |
EV/EBITDA | 93.96 | 9.54 | 6.94 |