Q-FREE – SECOND QUARTER AND FIRST HALF 2020 RESULTS
Q-Free reports strong second quarter results with significant year-on-year and quarter-on-quarter profitability gains. Swift implementation of cost reduction measures and increased sale of high margin software solutions were the main reasons for the improvements. Another key achievement in the quarter was the increase in available credit and cash at hand. This was fueled by strong cash flow from operations in combination with new debt and equity financing. -We are very pleased with the strong operational performance in the second quarter and how the organization has responded to the