Crunchfish AB (publ) (CFISH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

The latest report Joachim, a lot was going on when last we spoke and so it will be very interesting to hear where things stand now. This time I like to focus on the market focus, market update section of your report, but let's start with the financials. The figures in Q2 were largely as expected. Net revenue was low, but we forecast that you will enter into an agreement this year that will start generating some revenue. Are we too optimistic? Or how would you comment on the sales development? When you say, are we too optimistic, is that in terms of generating sales? Generating sales... I think it's reasonable. I think what has certainly happened this quarter is that a lot of the opportunities have moved from looking at does the product work, technically verifying it, into commercial discussions. We've certainly started discussing commercials with RBI and MPCI for India. We are moved significantly for GCash. There we are discussing the commercials in parallel with the technical trial agreement that we've signed and then there is also good movements in the Caribbean for a CBDC project as well. So to expect revenue this year, yes, we certainly do that. Okay. We'll come back to all those projects in just a bit. But let me ask you about the cash situation. The operating cash flow in Q2 was about minus 4.6 million. And the cash balance ended at 13 million. Given these figures, it would appear as if you would need a major deal or a deal. or external financing of some sort for year-round. What are your thoughts on the financial planning? Yeah, but you're right. We did in the Q2 the rights issue, which was the chairman and myself, we subscribed for it, the whole thing, and then it was oversubscribed, and that strengthened the financial position in the company considerably jus...