Crunchfish publishes half-year report for 2023

Today, Crunchfish AB (“Crunchfish”) publishes the company’s half-year report for the second quarter and first six months 2023. Below is a brief summary of the report.

Group financials 2023-04-01

2023-06-30 

2022-04-01

 2022-06-30

2023-01-01

 2023-06-30

2022-01-01

 2022-06-30

         
Net sales (SEK)  294,731  134,437  465,303  350,786
Profit or loss before tax (SEK)  -8,639,245  -6,748,539  -15,467,604  -13,481,376
Earnings per share (SEK)  -0.26  -0.22  -0.47  -0.44
Equity-assets-ratio (%)  82.5%  86.1%  82.5%  86.1%
Total cash and bank balances (SEK)   9,129,869  19,054,706  9,129,869  19,054,706

 

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

 

Comment from CEO Joachim Samuelsson

Signing the first Digital Cash commercial agreement in Q2 was a great milestone. With IDFC FIRST Bank as a partner, Crunchfish plans to enable offline payments for UPI applications as well as for Central Bank Digital Currency in India. Other positive signs for offline payment were the Bank of International Settlement’s offline handbook, Crunchfish’s award for outstanding advancement in digital currency and the Reserve Bank of India’s offline payment innovation for CBDC as well as UPI. Within Gesture Interaction we introduced XR Skeleton for web and Apple broke the glass ceiling with the release of their Vision Pro glasses. This is accelerating the ARmarket where Crunchfish’s Android partners are active.”

 

At 09:00 CET/12:30 IST, a live webinar about the report will be hosted on Zoom where Crunchfish CEO Joachim Samuelsson will be interviewed by analyst Filip Stenberg from Västra Hamnen Corporate Finance.

In order to participate at this webinar, registration is done via the following link

 

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 

 

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 24 August 2023 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, e-commerce, and the automotive industry. Crunchfish is listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and a subsidiary in India.

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