After the USA disappointment, the strategy is now the EU. The market has punished.
Jan-Mar Oct-Dec Jul-Sep Apr-Jun Jan-Mar
2025 2024 2024 2024 2024
values in thousands SEK
Net revenue 3,869 1,027 3,855 4,109 820
Cost of goods sold -1,304 -1,165 -615 -1,388 -328
Gross profit 2,565 -138 3,240 2,721 492
OPEX is between 5-7 MSEK.
Cash is 269 MSEK. MCAP 394 MSEK.
Terclara is #1 in Sweden and the total market has also grown. This means there is hidden demand that current products have not met. Summer months are the best for sales. This should turn profitable.