Brief: Irras Q1 Operating Loss Narrows To SEK 33.7 Mln

Irras AB

27/04/2022 07:15

April 27 (Reuters) - Irras AB  IRRAS.ST :
    * INTERIM REPORT FOR PERIOD JANUARY TO MARCH 2022
    * AFTER TWO CHALLENGING YEARS OF PANDEMIC-RELATED
CHALLENGES, 1ST
QUARTER OF 2022 CONFIRMED WHAT IS POSSIBLE FOR IRRAS MOVING
FORWARD - CEO
    * Q1 NET REVENUE SEK 8.6 MILLION VERSUS SEK 4.0  MILLION
YEAR AGO
    * Q1 OPERATING LOSS (EBIT) AMOUNTED TO SEK -33.7 MILLION 
VERSUS
SEK -39.3 YEAR AGO
    * IN Q2, OUR FOCUS SHIFTS TOWARD COMPLETING A NEEDED
FUNDRAISING,
AND PROCESS IS UNDERWAY TO SECURE FINANCING THAT WILL ALLOW OUR
TEAM TO BUILD UPON OUR RECENT PROGRESS

Source text for Eikon:  ID:nWkr5hZ9lf 
Further company coverage:  IRRAS.ST 

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