InCoax Networks AB Interim Report, January – March 2021
Sales success with historically high revenue in combination with decreased costs.Financial performance January – March 2021 · Net sales amounted to SEK 5,170,689 (241,767), the highest invoicing in a quarter in the company’s history. This is driven by invoicing to a large North American customer. · The operating loss was SEK –7,110,805 (–17,371,881), an improvement due to increased sales and lower personnel cost. · The loss after tax was SEK –7,131,222 (–17,411,159), corresponding to earnings per share of SEK –0.26 (–0.95). · Cash flow including financing activities during