Q3 results
As expected, two Freemelt ONE machines were delivered in the quarter, and sales amounted to SEK 8.7m (8.2m), with 86% stemming from machine sales. Adj. EBIT was SEK -6.3m (-5.8m), which was better than the SEK -12m we had expected, mainly driven by lower external costs in the quarter, which came down from what we now believe to have been elevated levels. FCF was SEK -21m (-13m), and the company ended the quarter with a cash balance of SEK 26m, compared to R12m FCF of SEK -73m.
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