Brief: OssDsign Q1 Cash Flow From Current Operations Loss SEK 28.2 Mln

OssDsign AB

14/05/2024 06:22

May 14 (Reuters) - OssDsign AB  OSSD.ST :
    * CASH FLOW FROM CURRENT OPERATIONS OF TSEK -28,203 IN
Q1(-26,701)
WAS EXPECTED TO BE ADVERSELY IMPACTED BY OUTFLOW FROM HIGH 2023
YEAR-END BONUS AND NON-RECURRING ACCRUALS 
    * AS THE COMPANY IS TRANSITIONING MORE FUNCTIONS TO THE
U.S.,
START OF YEAR OPERATING EXPENSES WERE SOMEWHAT LOWER THAN THE
EXPECTED LEVEL GOING FORWARD

Source text for Eikon:  ID:nWkr8WMFBC 
Further company coverage:  OSSD.ST 

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