The company’s Q1 came and went:
LeadDesk saw slight organic growth, but profitability remained stable despite challenging conditions. The company has performed relatively well, and there are signs that its direction is clearly improving.
According to Inderes, the stock remains attractively priced (2024-25e EV/S 1.5-1.3x), and Inderes gives it a “buy” recommendation. The company’s long-term prospects appear promising, especially in Europe’s SME and enterprise sectors. Anticipated growth could lift profits to around a 20% EBITA margin in the long run.
LeadDesk’s valuation looks appealing, particularly considering its growth potential and profitability. Inderes’ estimate of fair value ranges from 9.3 to 12.9 euros per share, with potential for upward revision on stronger organic growth. 
