Crunchfish

Crunchfish year-end report 2021 – an interview.

2022-02-17|

Today, Crunchfish AB (“Crunchfish”) published its year-end report 2021. In connection with the report, CEO Joachim Samuelsson was interviewed by Västra Hamnen Corporate Finance. Further, Crunchfish Gesture Interaction CEO Joakim Nydemark was interviewed. 

Listen to the interview with Alf Riple at Västra Hamnen Corporate Finance here:
https://youtu.be/3v8wbFs-sRc

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager
+46 726 01 16 73
erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 17 February 2022 at 15:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

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Crunchfish publishes year-end report 2021

Today, Crunchfish AB (”Crunchfish”) publishes the company’s year-end report for 2021. Below is a brief summary of the report.

 

Group financials

2021-10-01

2021-12-31

2020-10-01

2020-12-31

2021-01-01

2021-12-31

2020-01-01

2020-12-31

 

 

 

 

 

Net sales (SEK)

882,905

3,634,487

3,956,665

10,883,365

Profit or loss before tax (SEK)

-14,779,391

-5,880,294

-38,468,158

–25,335,425

Earnings per share (SEK)

-0.49

-0.21

-1.34

-0,91

Equity-assets-ratio (%)

87.0%

78.6%

87.0%

78.6%

Total cash and bank balances (SEK)

32,755,502

8,667,692

32,755,502

8,667,692

 

The report is available as an attached document to this press release as well as through the company’s website.

 

A comment from our CEO Joachim Samuelsson

”Crunchfish pursues product leadership by producing a continuous stream of state-of-theart products. 2021 was a tremendous year as we managed to transform the products in our business areas Digital Cash and Gesture Interaction into platforms. As platforms are so much more versatile than products, it makes us more adaptable and destined for success. Like Charles Darwin, we believe that the one most responsive to change wins.”

 

At 09:00 CET/13:30 IST, a live webinar about the report will be hosted by Crunchfish on Zoom where Alf Riple from Västra Hamnen Corporate Finance is interviewing. Crunchfish will be represented by Group CEO Joachim Samuelsson and additionally, Crunchfish Gesture Interaction CEO Joakim Nydemark will be interviewed on Gesture Interaction. To participate at this webinar, registration is done via the following link: https://us02web.zoom.us/j/83589687083?pwd=UGNleXFDeWJtdm16bjV4UnBsekxJZz09

A recording of this webinar will also be available afterwards on Crunchfish’s website as well as Västra Hamnen Corporate Finance’s website.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

 

This information is information that Crunchfish AB is obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 17 February 2022 at 08:30 CET.

 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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Crunchfish writes down Blippit shares

Crunchfish Digital Cash is the future of payments and adds multiple benefits to banks and payment service, regardless of payment rail. Crunchfish sees potential in Blippit as an integral part of Digital Cash, but it does not warrant a dedicated team or focus. Crunchfish has therefore decided to write down the value of Blippit AB shares on Crunchfish’s balance sheet.

 

Blippit AB is a joint venture between Crunchfish AB and ClearOn AB. Blippit AB has exclusive rights until year-end 2023 to sell Blippit app terminal in relation to mobile payment apps to POS terminals. Blippit app terminal easily integrates into any kind of payment app and POS terminal and is an integrated part in the Crunchfish Digital Cash platform.

 

Crunchfish continues to see potential in Blippit, but mainly as an integral part of Crunchfish Digital Cash platform. Hence, sales of the Blippit app terminal will not have a dedicated focus going forward but be offered as an add-on product that integrate mobile apps with POS terminals. Crunchfish has therefore decided to make an extraordinary write-down of the share value of Blippit AB in Crunchfish balance sheet to zero. This has a one-time negative impact of SEK 7.6 million on Crunchfish’s Q4 2021 financials.

 

”We are very proud to have developed the world’s first app terminal, which now has become an integrated part of the Digital Cash platform. However, as we do not intend to focus on sales of Blippit app terminal specifically, we have decided to write down the value in Crunchfish’s books”,  says Joachim Samuelsson, CEO of Crunchfish AB.

 

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For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

 

This information was provided by the contact person above for publication on 16 February 2022 at 18:00 CET.

 

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

 

 

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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Invitation to a webinar about Crunchfish’s year-end report 2021

On Thursday, February 17 at 08:30 CET/13:00 IST, Crunchfish AB (“Crunchfish”) publishes its year-end report 2021. At 09:00 CET / 13:30 IST, a live webinar about the report will be hosted by Crunchfish on Zoom where Alf Riple from Västra Hamnen Corporate Finance is interviewing.

Crunchfish will be represented by Group CEO Joachim Samuelsson and additionally, Crunchfish Gesture Interaction CEO Joakim Nydemark will be interviewed on Gesture Interaction. In order to participate at this webinar, registration is done via the following link: https://us02web.zoom.us/j/83589687083?pwd=UGNleXFDeWJtdm16bjV4UnBsekxJZz09

A recording of the webinar will be available afterwards on Crunchfish’s website as well as Västra Hamnen Corporate Finance’s website.

Alf Riple is the Chief Analyst of Västra Hamnen Corporate Finance. Västra Hamnen Corporate Finance covers the Crunchfish share via commissioned analysis.

For more information, please contact:
Joachim Samuelsson, CEO of Crunchfish AB
+46 708 46 47 88
joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager
+46 726 01 16 73
erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 16 February 2022 at 10:00 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

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Crunchfish launches second month of the Survival of the fittest webinar series

Crunchfish hereby launches the second month of its webinar series Survival of the fittest, that airs every Friday at 8 am CET / 12.30 IST during 2022. Every second webinar have a Digital Cash topic, interleaved by either a Crunchfish or a Gesture Interaction topic. From this month onwards, the webinars will be moderated by Johan Wester, an entertainer known for the comedy show HippHipp.

Crunchfish’s webinar series – Survival of the fittest – airs on Fridays at 08:00 am CET / 12.30 IST. The webinars are broadcasted live and recorded, starting by a short presentation on the pre-announced topic, followed by moderator led Q&A and ends with an open forum between the audience and a panel.

In February, the following webinars will be held:

All webinars are available on our website, our YouTube channel. You can subscribe and never miss when we publish new episodes. 

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 3 February 2022 at 15:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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Crunchfish Equity Analysis – presented by the Chief Analyst

2022-01-28|

The webinar on Crunchfish Equity Analysis was the fourth of the Survival of the fittest webinar series. After the presentation, a panel of Crunchfish CEO Joachim Samuelsson and IR Manager Erik Berggren discussed the analysis and the valuation model, as well as answered questions from the audience.

”As a summary, the thing about Crunchfish that makes the company stand out is that the market is extremely big. Comparing to other companies we analyze, there are greater market opportunities, but also greater market risks related to the Crunchfish investment case”, says Alf Riple, Chief Analyst at Västra Hamnen Corporate Finance.

The equity analysis of Crunchfish can be found on Crunchfish’s Investors site.

For more information, please contact:

Joachim Samuelsson, CEO of Crunchfish AB

+46 708 46 47 88

joachim.samuelsson@crunchfish.com 

Erik Berggren, IR Manager

+46 726 01 16 73

erik.berggren@crunchfish.com

This information was provided by the contact person above for publication on 28 January 2022 at 12:30 CET.

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com

Crunchfish is a deep tech company developing a Digital Cash platform for Banks, Payment Services and CBDC implementations and Gesture Interaction technology for AR/VR, automotive and digital interfaces. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with representation in India.

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