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Västra Hamnen: Crunchfish - Offline for all

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Västra Hamnen Corporate Finance has released a research update on Crunchfish AB following its report for Q3 2020. There were few surprises in the financials but an impressive summary of their many different projects. Most interestingly, Crunchfish can soon enable digital offline payments on any kind of payment infrastructure, writes Västra Hamnen.
 

  • New innovations enable digital offline payments across platforms
  • Near-term uncertainty due to COVID-19
  • We keep our valuation interval at SEK 25.30 – 40.10 per share

There were no surprises in the financial results of Crunchfish’ Q3 report last week. The most interesting was the summary of all the different projects the company has running. The projects are many and range from digital cash in Sweden to offline payments in India and onto gesture control. Not to mention an effort to fight food waste by helping grocery stores move expiring products faster.

The full report is available here.

The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.

This is a press release from Västra Hamnen Corporate Finance AB. 
Web: vhcorp.se
Twitter: @vhcorp_se

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