Crunchfish publishes interim report Q3 2023
Today, Crunchfish AB (“Crunchfish”) publishes the company’s interim report for the third quarter and nine months of 2023. Below is a brief summary of the report.
|
Group financials |
2023-07-01 2023-09-30 |
2022-07-01 2022-09-30 |
2023-01-01 2023-09-30 |
2022-01-01 2022-09-30 |
|
|
|
|
|
|
|
Net sales (SEK) |
189 180 |
5 805 573 |
654 483 |
6 156 359 |
|
Profit or loss before tax (SEK) |
-7 021 991 |
-900 384 |
-22 489 595 |
-14 381 760 |
|
Earnings per share (SEK) |
-0,21 |
-0,03 |
-0,68 |
-0,46 |
|
Equity-assets-ratio (%) |
68,1% |
87,8% |
68,1% |
87,8% |
|
Total cash and bank balances (SEK) |
4 769 953
|
10 832 578
|
4 769 953
|
10 832 578
|
The report is available as an attached document to this press release as well as through the company’s website.
Comment from CEO Joachim Samuelsson
“Crunchfish entered the quarter by signing our first commercial Digital Cash agreement with IDFC FIRST Bank in India. As a first implementation they decided to integrate Digital Cash telecom in their Digital Rupee app and it is now awaiting approval from the Reserve Bank of India (RBI) before release. This is a milestone, but the expected scale up has been delayed, at least in the short term, through the launch of UPI Lite X by National Payment Cooperation of India (NPCI). UPI Lite X adds offline payments to UPI and the Indian payment eco-system. A Non-Disclosure Agreement has been entered with NPCI to discuss how Digital Cash offline may complement NPCI products. This is exciting and an indication of Crunchfish Digital Cash unique strengths.”
At 09:00 CET/13:30 IST, a live webinar about the report will be hosted on Zoom where Crunchfish CEO Joachim Samuelsson will be interviewed by analyst Filip Stenberg from Västra Hamnen Corporate Finance.
In order to participate at this webinar, registration is done via the following link
A recording of this webinar will also be available afterwards on Crunchfish’s website as well as Västra Hamnen Corporate Finance’s website.
For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com
This information is information that Crunchfish AB is obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 30 November 2023 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 Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, e-commerce, and the automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and a subsidiary in India.