InCoax Networks AB Interim Report, January – March 2023
During Q1, deliveries to the US-based fiber/LAN operator Google Fiber continued, and together with other sales, this meant a strong quarter for InCoax in which the sales was more than doubled, compared to the same quarter of 2022.Financial performance January – March 2023 · Net sales amounted to SEK 12,931,661 (5,688,149), higher sales than the previous year, driven by sales to a US-based Fiber/LAN operator. · Operating profit amounted to SEK -3,082,507 (–6,293,170), an improvement driven by increased sales and a positive gross profit. · Earnings after tax amounted to SEK -3,