InCoax Networks AB Interim Report, April – June 2023
InCoax more than doubled its sales during Q2 2023 compared to the same period of last year. InCoax remains engaged in two advanced inquiries, both with great potential.Financial performance April – June 2023 · Net sales amounted to SEK 9,318,146 (4,140,375), sales in line with budget, driven by sales to a US-based FiberLAN operator. · Operating profit amounted to SEK -6,316,637 (-5,051,551), a change driven by a smaller allocation to fixed assets but compensated at the same time of a positive gross profit margin. · Earnings after tax amounted to SEK -6,472,333 (–5,076,493),