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SaltX writes down development costs

– Focuses exclusively on large-scale energy storage within EnerStore

The energy storage company SaltX Technology – listed on Nasdaq First North Premier – writes down the remaining balanced expenditure for development work of no longer active applications, i.e. development of applications outside the EnerStore business area. The write-down amounts to a total of SEK 33.2 million. The measure is an accounting matter and has no effect on cash flow.
The company maintains and strengthens its focus and concentration on the opportunities offered by EnerStore. The company has previously announced

Source: SaltX writes down development costs

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