essensys recently completed an oversubscribed c.£40m equity raise (inc £6.3m secondary). The raise enables the acceleration of sales and marketing investment as essensys seeks to execute on its significant pipeline opportunity in both existing and new geographies. We reiterate our view that initial CV19 headwinds for flex such as deployment cycle elongation will be significantly outweighed by the longer-term seismic acceleration of flex demand from landlords. This view is playing out in a struct ....

27 Jul 2021
Carpe Diem

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Carpe Diem
essensys PLC (ESYS:LON) | 21.5 0 0.0% | Mkt Cap: 13.9m
- Published:
27 Jul 2021 -
Author:
Singer CM Team -
Pages:
3 -
essensys recently completed an oversubscribed c.£40m equity raise (inc £6.3m secondary). The raise enables the acceleration of sales and marketing investment as essensys seeks to execute on its significant pipeline opportunity in both existing and new geographies. We reiterate our view that initial CV19 headwinds for flex such as deployment cycle elongation will be significantly outweighed by the longer-term seismic acceleration of flex demand from landlords. This view is playing out in a struct ....