Revenue increase in all verticals and growing order intake
COMPANY ANNOUNCEMENT NO. 103 Interim financial report for Q1 2024Today, LED iBond International’s (LED iBond) Board of Directors approved the interim report for Q1. Martin Løbel, CEO of LED iBond international comments: “It is positive that LED iBond has demonstrated an increased revenue in our three core verticals: Indoor farming, solar carports, and smart buildings. It is also positive that we see our pipeline and order intake continues to grow. We have also maintained our low-cost base from 2023 and reduced the cash burn by DKK 0.9 million compared to the same quarter last year.