Brief: Gomspace Expects Highest Revenue Recorded By End Of Year

GomSpace AB

16/11/2023 07:09

Nov 16 (Reuters) - GomSpace Group AB  GOMX.ST :
    * Q3 ORDER INTAKE WAS T.SEK 39,011 (52,639)
    * Q3 NET REVENUES INCREASED SIGNIFICANTLY BY 274% TO T.SEK
67,706
(18,102)
    * Q3 OPERATING PROFIT (EBIT) INCREASED TO NEGATIVE T.SEK
17,011
(NEGATIVE 124,516)
    * IN TERMS OF ACHIEVING POSITIVE CASHFLOW, WE ARE
PROGRESSING WELL
TOWARDS OUR TARGET OF REACHING FREE CASHFLOW POSITIVITY BY
SECOND HALF OF 2024
    * ANTICIPATE SURPASSING HIGHEST REVENUE RECORDED IN 2021,
WHICH
WAS 214 MSEK, BY END OF THIS YEAR

Source text for Eikon:  ID:nWkr3YDZBW 
Further company coverage:  GOMX.ST 

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