Overview
Sweden digital payments firm's Q1 net revenue was SEK 357,000 with an operating loss
Company completed oversubscribed rights issue in Q2, raising MSEK 15
Ongoing NPCI pilot in India advances; outcome seen as crucial for commercialisation
Outlook
Crunchfish says NPCI pilot outcome will be crucial for commercialisation of offline payment solution
Company is in discussions with GCash in the Philippines and partners with Mercury in Middle East
Result Drivers
LOW REVENUE - Co described Q1 as financially quiet with minimal net revenue and operating loss
Company press release: ID:nMFN7Gc53Q
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
SEK 357,000
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)