Linguacom files for bankruptcy, no effect on cash flow
Following the recent announcement that Linguacom's CEO is suspected of embezzling over SEK 20m by purchasing a large amount of phones on behalf of the company and then stealing them, Seafire announced today in a press release that Linguacom is filing for bankruptcy. For Seafire, this means Q2 results will be affected by SEK -23.6m, due to lost goodwill and other assets. There will however be no effect on cash flow.
Aktuellt
SENASTE
