Brief: Sileon Says Q3 Is Burdened By Transformation From Payment Co To BNPL Saas Co

Sileon AB (publ)

17/11/2023 06:07

Nov 17 (Reuters) - Sileon AB (publ)  SILEON.ST :
    * AS COMMUNICATED IN PREVIOUS QUARTER, QUARTER THREE IS ALSO
BURDENED BY TRANSFORMATION FROM PAYMENT COMPANY TO BNPL SAAS
COMPANY
    * IN CONNECTION WITH RIGHTS ISSUE, COMPANY'S FINANCIAL GOALS
HAVE
BEEN REVISED AND ADDED CAPITAL WILL NOW TAKE COMPANY ALL THE WAY
TO POSITIVE CASH FLOW AND EBITDA IN Q2 2024

Source text for Eikon:  ID:nWkr87Zg36 
Further company coverage:  SILEON.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))