Brief: Realfiction Holding Q1 Pretax Loss Narrows To SEK 3.2 Mln

Realfiction Holding AB

29/05/2019 07:47

May 29 (Reuters) - Realfiction Holding AB  REALFI.ST :
    * ANNOUNCES ITS Q1 INTERIM REPORT FOR JANUARY-MARCH 2019
    * 42% INCREASE (17 POINTS) IN GROSS PROFIT MARGIN IN Q1 2019
COMPARED TO Q1 2018
    * 2019 IS OFF TO A POSITIVE START FOR REALFICTION - CEO
    * Q1 REVENUE TOTALED TSEK 7,024 (Q1 2018: TSEK 6,046)
    * WE ARE ON TRACK FOR BREAKEVEN FROM OUR SALES ACTIVITIES -
CEO
    * Q1 GROSS PROFIT TOTALED TSEK 3,942 (Q1 2018: TSEK 2,377)
    * Q1 RESULT AFTER FINANCIAL ITEMS AMOUNTED TO TSEK -3,209
(Q1
2018: TSEK -3,871)
    * 2019 IS IN MANY WAYS SHAPING UP TO BE A BREAKTHROUGH YEAR
FOR
REALFICTION - CEO
    * SAYS WE ARE ON TRACK FOR BREAKEVEN FROM OUR SALES
ACTIVITIES
    * SAYS AMOUNT OF REVENUE COMING FROM OUR MAGIC-AS-A-SERVICE
(MAAS)
BUSINESS MODEL CONTINUES TO GROW

Source text for Eikon:  ID:nWkr21nG66 
Further company coverage:  REALFI.ST 

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