Summary Interim Report Q2/2020

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Summary of the 2nd quarter report  

2nd Quarter from 01.04.2020 to 30.06.2020

01.04.2020- 01.04.2019- 01.01.2020- 01.01.2019-
30.06.2020 30.06.2019 30.06.2020 30.06.2019
The company´s sales amounted to (TSEK) 476 53 1.105 438
Increase in finished goods, inventories and work in progress (TSEK) 0 0 0 0
Other operating income (TSEK) 676 41 1.120 85
Total Income (TSEK) 1.152 94 2.225 523
Cost of Material (TSEK) -386 -60 -570 -432
Personnel costs (TSEK) -3.090 -1.661 -4.375 -3.231
Other operating costs (TSEK) -815 -984 -1.589 -1.582
Depreciation (TSEK) -216 -37 -263 -68
Total Costs (TSEK) -4.507 -2.742 -6.803 -5.369
Earnings before interest and taxes (TSEK) -3.355 -2.648 -4.578 -4.846
Financial income/expenses (TSEK) -77 159 -80 159
Loss after financial items (TSEK) -3.432 -2.489 -4.658 -4.687
Number of shares  12.188.792 7.596.495 12.188.792 7.596.495
Result per share amounted (SEK) -0,28 -0,33 -0,382 -0,617
Cash available end of period (TSEK) 26.123 9.555 26.123 9.555

Industrial Solar Holding Europe AB
Fiskaregatan 11

SE-87133 Härnösand / Sweden

E-Mail: info@industrial-solar.se
Internet: www.industrial-solar.se
T + 46 611 81 06 10

Industrial Solar Holding Europe AB holds 100% of Industrial Solar GmbH and 100% of SolarSpring GmbH - both located in Freiburg/Germany.  
Industrial Solar GmbH is an international leading technology and solution provider, which develops projects mainly based on its innovative Fresnel collector technology suitable for fulfilling an expected growing market of solar process heat. As a one-stop-shop Industrial Solar offers turnkey solutions for customers in several industries.
Find out more about Industrial Solar GmbH at the following address:
https://www.industrial-solar.de/

Founded in 2009 as a spin-off of the Fraunhofer ISE, SolarSpring GmbH - membrane solutions, has evolved into an international pioneer in the field of membrane distillation offering innovative waste- and drinking water treatment technology.
Find out more about SolarSpring GmbH at the following address:
https://www.solarspring.de/