Quaterly Report January to March 2020
Strong growth and solid progress on key indicatorsJANUARY TO MARCH 2020 · Order Intake was 19.5 MSEK (16.8) · Order Backlog increased to 56.3 MSEK (40.8) · Net Sales totalled 15.3 MSEK (12.6) · Gross Margin increased to 60% (50) · Usage Revenue increased to 26% (12) · Adjusted EBITDA was -25.1 MSEK (-27.7) · Earnings per share -0.7 SEK (-2.7) EVENTS DURING THE QUARTER · The Rights Issue raising a total of 120.5 MSEK was fully subscribed with the issue of 18.5 M shares · Swisscom extended their commitment with a 10.6 MSEK three-year agreement · Signed two