Avsalt Group AbNGM: AVSALT

AVSALT: No revenue, increased losses, and focus on pilot projects as Avsalt prepares for global expansion

· Issued by Avsalt Group AB

Avsalt Group reported no revenue and increased losses in H1 2024 as it focused on technology development and pilot projects. A 3.0 MSEK loan facility was secured to support liquidity, and the company is preparing for global market entry with its patented water purification technology.

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