BRÈVE

sur Rubean AG (isin : DE0005120802)

Rubean AG Selected for Major Collaboration with Commerz Globalpay

Rubean AG has been selected to provide its PhonePOS payment solution to Commerz Globalpay, a joint venture between Commerzbank and Global Payments aimed at SMEs. This selection is part of the bank's strategy to offer advanced digital payment services to its customers. Rubean's PhonePOS solution will enable the use of phones as payment terminals, avoiding the need for third-party devices.

The contract is expected to generate significant additional revenue for Rubean, with forecasts of €1.0 million in FY24 and €2.9 million in FY25, based on expected usage by 100,000 SME customers of Commerzbank. This development represents the third significant strategic partnership announcement for Rubean in a short period of time, illustrating the success and deployment potential of its softPOS product.

NuWays AG's analysis revises Rubean's FY24 sales estimates slightly upward, forecasting exponential growth in the quarterly numbers. This readjustment leads to an expectation of slightly increased sales to 3.0 million euros and an EBIT of -1.4 million euros for FY24. Frederik Jarchow, the analyst behind this study, recommends buying the stock with a price target of 9.00 euros based on DCF.

R. P.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de Rubean AG