Crunchfish: Blippit on track for Q4 launch (Västra Hamnen)

Västra Hamnen Corporate Finance has released a research update on Crunchfish AB following its report for Q2 2019. The company shows progression in line with our economic scenario, which confirms our estimated fair value interval for the share.

  • App terminal getting ready for production
  • Gesture Control becoming more powerful and user friendly
  • We maintain our fair value per share estimates of SEK 32.60 – 51.80

In its report for Q2 2019, Crunchfish confirms that their business expansion is progressing according to plan. The report contains few surprises and the company’s performance is in line with what we expected for Q2. The company repeats that the market launch of Blippit is due in Q4, which is planned to be followed by a Swedish and an international expansion of the product. Gesture Control has also progressed well during Q2, including the launch of the XR Tracking 2.0 in June. Crunchfish says that the software is the most powerful, and at the same time the most user friendly, to this date.

The full report is available here.

The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.

This is a press release from Västra Hamnen Corporate Finance AB. 
Twitter: @vhcorp_se

About Us

About Crunchfish – crunchfish.comCrunchfish is a tech company with patent-pending solutions for digital cash that can be integrated with both payment rail or in a mobile wallet. The solutions are globally scalable and makes digital payments more robust as the risks of disruptions and downtime are eliminated. We have also developed Blippit, an app terminal that connects to cash register systems for both online and offline payments, and have a patent-pending solution to reduce food waste. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish has been listed on Nasdaq First North Growth Market since 2016 with headquarters in Malmö, Sweden and with representation in India.