Crunchfish publishes interim report for Q1 2021

Today, Crunchfish AB (”Crunchfish”) publishes the company’s interim report for the first quarter of 2021. Below is a brief summary of the report.

Group financials2021-01-01 2021-03-312020-01-01 2020-03-312020-01-01 2020-12-31
Net sales (SEK)1 101 2121 947 89410 883 365
Profit or loss before tax (SEK)–7 765 945-6 490 618–25 335 425
Earnings per share (SEK)-0,27-0,25-0,91
Equity-assets-ratio (%)58,7%79,8%78,6%
Total cash and bank balances (SEK)11 533 9215 715 4068 667 692

The report is available as an attached document to this press release as well as through the company’s website.

A comment from our CEO Joachim Samuelsson
”Digital Cash is the future of Digital Payments. Card, instant and crypto are the three digital payment schemes of today. In addition, central banks around the world are planning to digitize cash as Central Bank Digital Currency (CBDC). Crunchfish Digital Cash Wallet compliments all of these schemes with a robust, interoperable and exceptionally flexible payment service, replicating the properties of paying with physical cash. This is the digital payment of the future and the solution to exploding transaction volumes and financial inclusion worldwide.”

Crunchfish also announces that the company has decided to streamline its marketing communication and starting today, we will provide press releases and financial reports in English only.

At 09:00 CET/13:30 IST, a live webinar about the report will be hosted on Zoom together with Alf Riple from Västra Hamnen Corporate Finance. To participate at this webinar, registration is done via the following link:

A recording of this webinar will also be available afterwards on Crunchfish’s website as well as Västra Hamnen Corporate Finance’s website.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05

This information is information that Crunchfish AB is obliged to publish in accordance to the EU Market Abuse Regulation. The information was provided by the contact person above for publication on May 19, 2021.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: Telephone +46 40 200 250.

About Crunchfish –
Crunchfish is a technical pioneer within digital payments with its ground-breaking Digital Cash Wallet using a two-step payment process, first clearing offline followed by online settlement, which makes digital payments robust and independent from the net. Crunchfish Digital Cash Wallet is extremely flexible and may be used with all types of payment services. Crunchfish has also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.