Audientes A/S Q4 Year-end Report
Company announcement no. 03-2023February 28, 2023 Today, Audientes A/S releases its financial results for Q4 and the entire year 2022. Contrary to the earlier quarters in 2022, the company did not continue a quarter-on-quarter increase in sales revenue but achieved in Q4 a sparse result in sales revenue of DKK 0.1 million. This was reflective of a challenging channel environment in India, a required software platform upgrade and slower payment patterns.A key driver for the missing sales in Q4 is that the majority of potential Ven customers in India have more profound hearing loss than