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Prostatype Q1: The launch is advancing despite limited access to growth capital - Redeye

Prostatype recorded SEK 0.4m in sales in the first quarter. During this period, Prostatype continues to progress in the US, where the next step is to sign a certified partner. In Europe, the company has secured partners in the Nordics and the Iberian peninsula (Spain and Portugal). Prostatype closed a new share issue amounting to SEK 24m before costs in May. We are updating our base case reflecting the recent right issue and an updated outlook.

Prostatype recorded SEK 0.4m in sales in the first quarter. During this period, Prostatype continues to progress in the US, where the next step is to sign a certified partner. In Europe, the company has secured partners in the Nordics and the Iberian peninsula (Spain and Portugal). Prostatype closed a new share issue amounting to SEK 24m before costs in May. We are updating our base case reflecting the recent right issue and an updated outlook.
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