Brief: DLT Q4 Loss Before Tax Widens To $5.9 Mln

Univid ASA

28/02/2022 06:13

Feb 28 (Reuters) - DLT ASA  DLTX.OL :
    * REPORTED CASH FLOW FROM OPERATING ACTIVITIES OF USD -0.29M
IN
QUARTER, UP FROM USD -0.41M IN CORRESPONDING QUARTER LAST YEAR
    * REPORTED USD 1,2M IN REVENUE FOR QUARTER, WITH MAJORITY
COMING
FROM FILE STORAGE PARTNERS/ DLTX CLOUD
    * Q4 LOSS BEFORE TAX $5.9 MILLION VERSUS LOSS $0.7 MILLION
YEAR
AGO
    * OUITLOOK:  FILECOIN DIVISION HAS BEEN  REBRANDED AS DLTX
CLOUD,
AND BY THE END OF Q1 THE  EXPANSIONS INSTALLED ARE ESTIMATED TO
PRODUCE DAILY  ADJUSTED POWER GROWTH OF -330 TIB. THIS IS  A
SIGNIFICANT INCREASE FROM THE 100TIB WHICH  GENERATED 17,373 FIL
IN THE FOURTH QUARTER

Source text for Eikon:  ID:nObiQFKzva 
Further company coverage:  DLTX.OL 

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