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SENASTE
Q3 revenues came in at SEK 18.4m, up 161% y/y and 27% (SEK 3.9m) above SEBe. EBIT of SEK -12m was also SEK 1.4m better than SEBe. Growth was driven both by sale of production equipment, but also the continued ramp-up of contracts with Hella and Smartmicro, as well as development with other tier 1s. CEO Jonas Ehinger gave a positive outlook, stating that Gapwaves had succeeded in the transition from an R&D-focused company to a commercial company.
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