Q4 preliminary results
In accordance with its previously announced intention to do so, this morning Freemelt published some preliminary Q4 figures, specifically sales, order book and cash flow. Sales were SEK 8.2m (+21% vs. ABGSCe 6.8m, +29% vs. FactSet cons. 6.4m), +7.2% y-o-y, and the company ended the quarter with a cash balance of SEK 17m (ABGSCe 17m), compared to R12m FCF of SEK -74m. With one Freemelt ONE delivery constituting the majority of sales in the quarter, the beat was likely driven by higher than expected revenue from the ongoing development projects. The full Q4 report will be published on 28 March, after the planned rights issue has been concluded.
Aktuellt
SENASTE
