Crunchfish publishes interim report Q3 2022

Today, Crunchfish AB (“Crunchfish”) publishes the company’s interim report for the third quarter and first nine months of 2022. Below is a brief summary of the report.

 

Group financials 2022-07-01

2022-09-30

  2021-07-01

2021-09-30

  2022-01-01

2022-09-30

  2021-01-01

2021-09-30

Net sales (SEK)   5 805 573   1 055 973   6 156 359   3 073 760
Profit or loss before tax (SEK)   -900 384   -7 293 098   -14 381 760   -23 688 767
Earnings per share (SEK)   -0.03   -0.26   -0.46   -0.84
Equity-assets-ratio (%)   87.8   25.1   87.8   25.1
Total cash and bank balances (SEK)   10 832 578   6 027 701   10 832 578   6 027 701

 

 

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

Crunchfish has signed some important agreements this quarter. The gesture contract with OPPO – one of the largest mobile device manufacturers in the world – is our largest contract to date. Commercial discussions with HDFC Bank have begun as the Digital Cash integration is ready and the pilot is about to begin. Deals with additional banks and payment services that require offline payments are expected to follow. The positive effects a 500 kUSD order has on our financials are notable. This indicates the scalability of our business as we anticipate much larger deals ahead.”

At 09:00 CET/13:30 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:

https://us02web.zoom.us/webinar/register/WN_FQY5bjOuQDSNxnvKFkRIIA

 

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

joachim.samuelsson@crunchfish.com

 

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 16 November 2022 at 08:30 CET.

 

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

 

 

About Crunchfish – crunchfish.com

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, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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