• news.cision.com/
  • Solteq/
  • Correction: Solteq Plc corrects its Consolidated Cash Flow Statement published on the Interim Report Jan 1–Sep 30, 2024

Correction: Solteq Plc corrects its Consolidated Cash Flow Statement published on the Interim Report Jan 1–Sep 30, 2024

Report this content

Stock Exchange Bulletin
Interim Report
October 24, 2024, at 5:15 p.m. EET

Solteq Plc corrects its Consolidated Cash Flow Statement concerning the cash flow from operating activities and the cash flow from financing activities published in the Interim Report Jan 1–Sep 30, 2024. Hence, the net cash flow from operating activities is EUR 1,230 thousand and the net cash used in financing activities is EUR -1,914 thousand for the review period 1–9, 2024. The corrections have no impact on other calculations.

The corrected Consolidated Cash Flow Statement is below, and the corrected Interim Report for January 1 – September 30, 2024, is attached.

Consolidated Cash Flow Statement

TEUR 1-9/2024 1-9/2023 1-12/2023
Cash flow from operating activities
Result for the financial period -1,802 2,902 -5,380
Adjustments for operating result 3,552 -1,438 6,139
Changes in working capital -199 -5,469 -3,471
Interests paid -327 -454 -2,154
Interests received 18 17 81
Taxes paid -13 -832 -518
Net cash flow from operating activities 1,230 -5,274 -5,302
Cash flow from investing activities
Business acquisitions -20 -20
Divested businesses 11,990 14,137
Investments in tangible and intangible assets -83 -2,167 -2,351
Net cash used in investing activities -83 9,803 11,766
Cash flow from financing activities
Long-term loans, decrease -548
Short-term loans, increase 1,486 4,371 4,371
Short-term loans, decrease -2,090 -6,860 -8,601
Payment of finance lease liabilities -1,310 -1,403 -1,891
Net cash used in financing activities -1,914 -3,892 -6,668
Changes in cash and cash equivalents -767 637 -204
Cash and cash equivalents at the beginning of period 1,853 2,057 2,057
Cash and cash equivalents at the end of period 1,086 2,693 1,853

Attachments

Solteq Plc’s Interim Report January 1 – September 30, 2024 (Corrected)

Further Information

CEO Aarne Aktan
Tel: +358 40 342 4440
E-mail: aarne.aktan@solteq.com


CFO, General Counsel Mikko Sairanen
Tel: +358 50 567 3421
E-mail: mikko.sairanen@solteq.com

Distribution

Nasdaq Helsinki
Key media
www.solteq.com

Solteq in brief

Solteq is a Nordic software solution and expert service provider specializing in retail and energy sectors and needs related to e-commerce. The company employs over 400 professionals and has offices in Finland, Sweden, Norway, Denmark, Poland, and the UK.

Subscribe