CORRECTION: Updated Resqunit AB company presentation

The company have updated its company presentation and economic projections.

Resqunit AB (publ) ("Resqunit") June 8th, 2022, at 17.20 CET - CORRECTION: The first release of this message did not include the MAR label as needed as of page 8, which is intended to visualize how even a small market share in these different countries will impact the companys financials.

This is the company's view of how the market share and units sold will translate into the presented financials presuming that volume sold will be as predicted by the company. The companys assesments are based on market research and information derived from distributors, potential distributors, fishermans associations, scientists, NGOs and others.

2022, market share 0,05%, 30450 sold products, EBITDA USD -885250, EPS USD -0,08 
2023, market share 0,51%, 285550 sold products, EBITDA USD 1380770, EPS USD 0,12 
2024, market share 1,02%, 334950 sold products, EBITDA USD 1573450, EPS USD 0,14 

The company Resqunit AB and its innovations are gaining traction internationally. With a new product also covering Resqunit recovery system for nets, trawls and lines, Resqunit have updated the company presentation.

DISCLOSURE REGULATION
This information is information that Resqunit AB is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been published through the agency of the contact persons set out above, on June 8th, 2022, at 17.20 CET 
 

Certified Advisor
Mangold Fondkommission AB  I  08-503 015 61  I  ca@mangold.se

For additional information, please contact:
Helge Trettø Olsen, CEO, Resqunit AB
Email: helge@resqunit.com
Phone: +47 901 68 908

RESQUNIT-AB-CompanyPresentationUpdate2022.pdf

Resqunit is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability. Every year between 500 000 and 1 000 000 metric tons of fishing gear is lost at sea. A significant amount of this consists of plastic, which over time dissolves into microplastic particles and enters the food chain. Lost gear harms both the fishing, animal stocks and the environment. Resqunit AB (publ) was founded in 2021 as a parent holding company (listco) holding 100% of the shares in the Norwegian subsidiary Resqunit AS, founded in 2017.