InCoax Networks AB Interim Report, January – March 2024
InCoax started 2024 with the strongest quarter in the company's history, featuring increased sales, maintained gross margin, improved operational cash flow, and a positive net result. The collaboration with Nokia paves the way for increased growth over time.Financial performance January – March 2024 · Net sales amounted to SEK 30,793,125 (12,931,661). Sales was driven by for the quarter large sales to a US-based FiberLAN operator. · Operating profit amounted to SEK 4,344,935 (-3,082,507), a change driven by an increase in sale. · Earnings after tax amounted to SEK 4,326,106 (–