Brain+ releases preliminary annual financial statements for 2023
Copenhagen, Denmark, 30 April 2024 – Brain+ A/S (Nasdaq First North: BRAINP) ·Brain+’ preliminary financial results for 2023 shows a gross profit of DKK 2.4 million and a net result of DKK -19.1 million ·Brain+’ management has maintained a tight cost control to extend the company’s financial runway as much as possible and ensure operational momentum in its early phase of product commercialization ·On 31 December 2023, the company’s cash and cash equivalents amounted to DKK 3.1 million. ·In March 2024, Brain+ raised DKK 2.5 million in net proceeds from a 91%