Realfiction updates its guidance and pauses its test launch of MaaS for Retail in Germany due to the coronavirus situation
Realfiction Holding AB (“Realfiction”) announces that the company has a strong financial position and expects to have the liquidity necessary to sustain all its business operations, including the development of ECHO, into 2021. However, due to the current uncertainty, the company can no longer be certain that it will reach breakeven for its sales activities in 2020 as previously stated, and the company will not provide any new financial guidance until the coronavirus situation stabilizes.Realfiction was able to strengthen its financial situation significantly in Q4 2019, with 14.4 MSEK in