Imint: Q2 Sales higher than expected

Research Note

2017-08-22

12:27

Earlier today Imint published their report for the second quarter of 2017. Net sales amounted to SEK 4.9m, which was SEK 1.3m higher than our estimates. Total costs were also slightly higher than expected, resulting in EBIT of SEK -2.3m. All in all, Imint has experienced a strong second quarter characterized by high sales growth and two new agreements with smartphone manufacturers. The second quarter has further been followed by positive news when Imint as of yesterday announced an additional license agreement with a new Chinese client.

DB

Dennis Berggren

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