InCoax Networks AB Interim Report, January – June 2022
Collaboration with Google Fiber continues according to plan. New business opportunity with the US Tier 1 operator under discussion and with potential order in 2022.Financial performance April – June 2022 · Net sales amounted to SEK 4,140,375 (4,854,654), sales in line with previous year, driven by sales to a US-based FiberLAN operator. · Operating profit amounted to SEK -5,051,549 (-5,730,826), an improvement driven by increased of the RoD investment and a positive gross profit. · Earnings after tax amounted to SEK -5,076,491 (–5,760,364), and earnings per share amounted to