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Freemelt: Q4 report postponed due to rights issue - ABG

Q4 report postponed to 28 March due to rights issue
Preliminary Q4 figures to be published around 27 January
At current SP, we estimate 83m shares issued for SEK 122m


Q4 expectations

One eMELT-iD order was announced during Q4, and we expect one Freemelt ONE delivery to have been made. This leads us to our sales estimate of SEK 6.75m (7.65m). Forecasting no significant changes in the cost structure, we get an EBIT estimate of SEK -22.9m (-19.4m). Due to the planned rights issue announced in a press release on 20 December, the company will publish some preliminary Q4 figures around January 27th, and postpone its full Q4 report publication to 28 March.
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