InCoax Networks AB’s Interim Report, January – March 2019

Order in the US for SEK 1.26 million during the quarter and three new orders in Europe after the end of the quarter.
Financial performance January–March 2019

· Net sales amounted to SEK 958,386 (381,153), which is equivalent to an increase of 151% compared with the corresponding period in the preceding year.
· The company posted an operating loss of SEK –14,805,760 (–8,716,403), a reduction driven primarily by organizational growth.
· The loss after tax was SEK –14,848,232 (–8,719,096), corresponding to earnings per share of SEK –1.20 (–1.44).
· Cash flow including financing

Source: InCoax Networks AB’s Interim Report, January – March 2019

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