the filing of several new patents. In the webcast
(https://youtu.be/9hKgWwO3II0) following the release of the Q1 report, CEO
Joachim Samuelsson explained how the company could take advantage of its
secure and scalable technology within mobile payments and application
security.
Financially, Crunchfish reported net sales of MSEK 1.7, mainly explained by a
final payment from OPPO of MSEK 1.5 regarding the Gesture business. We had
estimated net sales of MSEK 0.35, mostly consisting of revenue from the
project with IDFC First Bank in India.
We maintain our fair value of SEK 12.70 per share.
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