Crunchfish publishes half-year report for 2024

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Today, Crunchfish AB (“Crunchfish”) publishes the company’s half-year report for the second quarter and the first six months of 2024. Below is a brief summary of the report.

Group Financials

2024-04-01
2024-06-30

2023-04-01
2023-06-30

2024-01-01
2024-06-30

2023-01-01
2023-06-30

Net sales (SEK)

431 893

294 731

2 097 231

465 303

Profit or loss before tax (SEK)

-7 934 616

-8 639 245

-14 189 599

-15 467 604

Earnings per share (SEK)

-0,20

-0,26

-0,36

-0,47

Equity-assets-ratio (%)

79,80%

82,50%

79,80%

82,50%

Total cash and bank balances (SEK)

12 503 395

9 129 869

12 503 395

9 129 869

 

The report is available as an attached document to this press release as well as through the company’s website.

 

“Crunchfish has a unique position in the market by offering device-agnostic trusted applications for offline use. Key market segments with demand for offline services without device dependencies are CBDC and emerging markets. We are busy making proposals for such opportunities and presenting at events to explain our technology. We need to sustain the business as it will take time before outcomes of these sales processes are known. We are therefore considering our financing options where revenue-sharing of future revenues looks most attractive. ", says Joachim Samuelsson, Crunchfish’s CEO.

 

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

 

This information is Crunchfish AB obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 23rd August 2024 at 08:30 CET.

 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

 

About Crunchfish  crunchfish.com

Crunchfish is a deep tech company developing a device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.