Brief: Artificial Solutions Q4 Adjusted EBITDA Loss Narrows To SEK 30.6 Mln

Teneo AI AB

27/02/2020 07:20

Feb 27 (Reuters) - Artificial Solutions International AB
 ASAIN.ST :
    * QUARTERLY REPORT OCTOBER TO DECEMBER 2019
    * Q4 NET SALES SEK 11.0 MILLION VERSUS SEK 11.5 MILLION YEAR
AGO
    * Q4 ADJUSTED EBITDA WAS -30.6 MSEK (-35.4)
    * Q4 ORDER INTAKE WAS 17.0 MSEK (23.8) AND ORDER BACKLOG
INCREASED
TO 49.9 MSEK (35.2)
    * WE EXPECT VOLUMES TO GROW AND USAGE REVENUES ARE EXPECTED
TO
GROW FROM AROUND 15% OF TOTAL REVENUE TODAY TO IN EXCESS OF 80%
BY 2022

Source text for Eikon:  ID:nWkr6GY9P4 
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