Declining revenue but positive market indications, growing pipeline, and reduced burn rate
COMPANY ANNOUNCEMENT NO. 77 Interim financial report for Q2 and H1 2023Today, LED iBond International’s (LED iBond) Board of Directors approved the interim report for the second quarter (Q2) and first half (H1) of 2023. Martin Løbel, CEO of LED iBond International, comments:“The difficult market conditions continued in Q2 2023 with a declining revenue because several customer projects have been delayed or pushed out in time. Furthermore, many interesting customer opportunities have long timelines for decisions and potential orders which makes it challenging to drive revenue up short