Interim Report: 1 October 2019 - 31 December 2019
Interim Report: 1 October 2019 - 31 December 2019Significant Events: · Revenue for the 3 months to 31 December 2019 was SEK 6.5m, a 53% increase on the corresponding period in 2018 (SEK 4.3m). · EBITDA for the 3 months to 31 December 2019 was SEK -7.3m, a deterioration of 3% on the corresponding period in 2018 (SEK -7.1m). · Signed a long-term agreement for the provision of our software on one of the largest infrastructure projects in Ireland. · Zutec has referred it’s significant outstanding Qatar debt to an arbitration process for adjudication with the view of claiming the