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CFISH Crunchfish AB News Story

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Sweden's Crunchfish posts Q1 operating loss

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

MetricBeat/MissActualConsensus Estimate
Q1 SalesSEK 357,000
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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