InCoax Networks AB Interim Report, January – September 2022
The collaboration with Google Fiber continues according to plan, with InCoax’s largest order ever. A US Tier 1 operator has placed an initial order.Financial performance July – September 2022 · Net sales amounted to SEK 1,482,530 (7,623,222), the quarter's sales are affected by a shift of sales to the US-based FiberLAN operator. · Operating profit amounted to SEK -7,730,587 (-3,676,743), a decline due to a shift in sales to the US-based FiberLAN operator. · Earnings after tax amounted to SEK -7,783,684 (–3,693,276), and earnings per share amounted to SEK -0.19(–0.10). ·