Redeye considers the Q2 report from Northbaze to be strong and confirm its steps toward becoming a true qualitative company. Considering that Q2 is seasonally slow for Northbaze, the high reported profitability is a very good indicator for the coming quarters and years. Redeye makes small changes to its valuation range.

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

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