Gapwaves: Q2 preview

Research Note

2018-08-17

16:31

Gapwaves will publish their Q2 report on Wednesday the 22nd of August. Our interpretation is that the company recently has put more focus on the automotive market, but Gapwaves has yet not announced that it has initiated any new development projects within the segment. Regarding Q2 financials, we expect revenues about SEK 0.8m, mainly consisting of development revenues and minor revenues from sales of adapters and the Comhat-license. We further expect costs to increase slightly, leading to EBIT expectations around SEK -11m.

DB

Dennis Berggren

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