Brief: Conferize Reports FY 2018 Loss Per Share DKK 0.56

Unlimit A/S

21/02/2019 18:24

Feb 21 (Reuters) - Conferize A/S  CONFRZ.CO :
    * REG-CONFERIZE A/S RELEASES THE ANNUAL REPORT FOR 2018
    * SAYS AT END OF 2018, CASH AND CASH EQUIVALENTS IN COMPANY
WERE
DKK 9.7 MILLION
    * IN LINE WITH COMPANY'S PLANS AT IPO IN JUNE 2017, COMPANY
WILL
HAVE TO RAISE CAPITAL DURING 2019
    * CONFERIZE- WITH INVESTMENT AGREEMENT UP TO DKK 75 MILLION
OVER
NEXT 3 YEARS WITH INTERNATIONAL FUND GEM AND PLANS FOR A
FOLLOW-ON-PUBLIC OFFERING IN 2019
    * MANAGEMENT BELIEVES THAT COMPANY WILL ESTABLISH A POSITIVE
CASH
FLOW AT END OF 2021
    * FY 2018 REVENUE DKK 36,002 VERSUS DKK 8,865
    * FY 2018 LOSS PER SHARE DKK 0.56

Source text for Eikon:  ID:nGNE9TSqjm 
Further company coverage:  CONFRZ.CO 

 ((Reuters.Briefs@thomsonreuters.com;))