GomSpace Q1 2023 Report and Status Update
GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitabilityFIRST QUARTER OF 2023
· Order intake was T.SEK 33,454 (41,497) · Net revenues of T.SEK 78,150 are in line with Q1 2022 (78,365) · Gross margin this quarter is positive 12%, compared to negative 26% for full year 2022 · Operating profit (EBIT) decreased to negative T.SEK 14,078 (4,166) · Earnings per share were negative SEK 0.24 (SEK 0.06)
Main events:
· Changed model for market guidance from Revenue and EBIT, to focus on Free Cashflow. The guidance for a free cash flow