Crunchfish publishes the company's year-end report for 2024. CEO Joachim Samuelsson comments that all efforts are on securing business for offline payments, especially in India, emerging markets and for Central Bank Digital Currencies projects. A webinar with an interview of Crunchfish CEO will be live streamed at 09.00 CET / 13.30 IST today.
Group financials | 2024-10-01 2024-12-31 | 2023-10-01 2023-12-31 | 2024-01-01 2024-12-31 | 2023-01-01 2023-12-31 |
Net sales (SEK) | 562 121 | 333 351 | 2 933 125 | 987 834 |
Profit or loss before tax (SEK) | -5 260 555 | -26 815 005 | -26 447 006 | -49 304 600 |
Earnings per share (SEK) | -0,09 | -0,74 | -0,60 | -1,46 |
Equity-assets-ratio (%) | 85,8% | 85,8% | 85,0% | 85,0% |
Total cash and bank balances (SEK) | 17 276 249 | 30 725 483 | 17 276 249 | 30 725 483 |
The report is available as an attached document to this press release as well as through the company's website.
"We remain optimistic that our unique approach and patented Digital Cash solution will bring us significant business in 2025. With financing in place, we are on track in relation to the business opportunities presented in the prospectus for the rights issue at the end of 2024. Progress has especially happened in our focus market India with the Reserve bank of India, National Payments Corporations of India and leading banks as our unique and patented Digital Cash solution fits the market needs. Securing these business opportunities will have a major impact of Crunchfish's success in 2025.", says Joachim Samuelsson, Crunchfish's CEO.
At 09.00 CET/13.30 IST, a live webinar about the report will be hosted on Zoom where Crunchfish CEO Joachim Samuelsson will be interviewed by chief analyst Martin Dominique from Västra Hamnen Corporate Finance. Please register using this link.
A recording of this webinar will also be available afterward 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 Crunchfish AB obliged to publish in accordance with the EU Market Abuse Regulation. The information was provided by the contact person above for publication on 13th February 2025 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 device-agnostic generic trusted client application platform for offline payments, tokenized card payments as well as other mobile client / server systems. Crunchfish has been listed on Nasdaq First North Growth Market since 2016, with headquarters in Malmö, Sweden and with a subsidiary in India.
