Crunchfish publishes year-end report 2023
Crunchfish is pleased to publish the company’s year-end report for 2023. CEO Joachim Samuelsson comments that focus is on online payments going forward. To clear the books for 2024 Crunchfish has decided to write-off the gesture business. A webinar with an interview of Crunchfish CEO will be live streamed at 09.00 CET / 13.30 IST today.
|
|
2023-10-01 |
2022-10-01 |
2023-01-01 |
2022-01-01 |
|
|
2023-12-31 |
2022-12-31 |
2023-12-31 |
2022-12-31 |
|
Net sales (SEK) |
333,351 |
30,462 |
987,834 |
6,186,821 |
|
Loss before tax (SEK) |
-26,815,005 |
-9,648,772 |
-49,304,600 |
-24,030,532 |
|
Earnings per share (SEK) |
-0.74 |
-0.30 |
-1.46 |
-0,77 |
|
Equity-assets-ratio (%) |
85.0 |
88.4 |
85.0 |
88.4 |
|
Total cash and bank balance |
30,725,483 |
29,292,563 |
30,725,483 |
29,292,563 |
The report is available as an attached document to this press release as well as through the company’s website.
“Crunchfish’s journey with offline payments started four years ago when we filed the first patent in January 2020. Crunchfish has explored many aspects of offline payments since then and has continuously expanded the product offering. There are reasons to believe that 2024 may be the commercial breakthrough year for us. To clear the books for 2024 we have decided to write-off the gesture business as well as all IP in the Digital Cash business that is not related to offline payments", says Joachim Samuelsson, Crunchfish’s CEO.
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 chief analyst Martin Dominique from Västra Hamnen Corporate Finance. Please register using this link.
A recording of this webinar will also be available afterward 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 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 15th February 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 Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR and automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.