Crunchfish publishes interim report Q1 2023

Today, Crunchfish AB (“Crunchfish”) publishes the company’s interim report for the first quarter of 2023. Below is a brief summary of the report.


Group financials   2023-01-01






Net sales (SEK)   170 575 216 349 6 186 821
Profit or loss before tax (SEK)   -6 828 359 -6 732 837 -24 030 532
Earnings per share (SEK)   -0,21 -0,22 -0,77
Equity-assets-ratio (%)   87,5 86,6 88,4
Total cash and bank balances (SEK)     19 029 405 23 582 586 29 292 563


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


Comment from CEO Joachim Samuelsson

We are summarizing another great quarter. With increased efforts on marketing, we are getting the word out of having groundbreaking tech. HDFC Bank launch of OfflinePay indicates the success of the pilot offline payment project under the supervision of the Reserve Bank of India. We have already defined two new opportunities with IDFC First Bank, the other bank in the pilot, using the Digital Cash telecom that we released in Q1. The whitepaper and webinar series Enabling online payment in an online world creates is recognized for its deep insights. Crunchfish plan to present and exhibit at many payments conferences in Q2 that will establish our unique Digital Cash platform globally.”


At 09:00 CET/12:30 IST, a live webinar about the report will be hosted on Zoom where Crunchfish CEO Joachim Samuelsson will be interviewed by analyst Joen Sundmark from Västra Hamnen Corporate Finance.

In order 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 


This information is information that Crunchfish AB is obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 22 May 2023 at 08:30 CET.


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



About Crunchfish –

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, e-commerce, and the automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and a subsidiary in India.

Download as PDF