Gapwaves Q1’19: Sales still low, but first large contract signed
Research Note
2019-05-09
09:46
Gapwaves reported net sales of SEK 1.3m and a net loss of 11.9m in Q1’19, where both sales and costs were in line with our expectations. Sales are, however, still on a low level and we place greater emphasis on its ability to enter new projects and signing significant deals. In that regard, Gapwaves has made progress during the quarter by announcing a contract within automotive that potentially could bring substantial revenues beyond 2021.
DB
Dennis Berggren
Disclosures and disclaimers