InCoax Networks AB Interim Report, January – March 2022
Regular orders from US-based Fiber/LAN operator and continued discussions with a North American Tier-1 operator. Large interest for the new product D2501.Financial performance January – March 2022 · Net sales amounted to SEK 5,688,149 (5,170,689), higher sales than the previous year, driven by sales to a US-based Fiber/LAN operator. · Operating profit amounted to SEK -6,293,170 (–7,110,805), an improvement driven by increased sales and a positive gross profit. · Earnings after tax amounted to SEK -6,325,613 (–7,131,222), and earnings per share amounted to SEK -0.15 (–0.26).