Interim report January - March 2011
· Net sales amounted to SEK 27.5 million (19.6) · EBITDA was SEK -3.6 million (0.8) · Earnings per share totaled SEK -0.17 (-0.06) before dilution HIGHLIGHTS Continued top-line growth- Net sales growth of 40% compared to Q1 2010- Negative impact from out-of-stock volumes early in the year Lower sales than expected hurting EBITDA profitability- Gross profit of SEK 8.7 million based on gross margin of 32%- Operating costs of SEK 12.3 million Fully subscribed convertible debt issued in May- New convertible debt amounts to SEK 60 million- Additional capital to