External revenue increase of 18% despite difficult market conditions
Inside information Interim financial report for Q1 2023Today, LED iBond International’s (LED iBond) Board of Directors approved the interim report for Q1. Martin Løbel, CEO of LED iBond international comments: “It is positive that LED iBond continue to increase revenue from external customers in a difficult market. I’m also pleased to see that we improved EBITDA by TDKK 906 and reduced our cash burn by 50%. In Q1, we have developed improved solutions for both indoor farming market and smart building. The market and customer awareness are increasing due to focused marketing activities,