Gapwaves Ab Class BOMXSTO: GAPW_B

GAPW_B: Revenue up 37% and one million antennas produced, but losses increased amid scaling efforts

· Issued by Gapwaves Ab Class B

Net sales grew 37% year-over-year to 90.6 MSEK, with a milestone of one million antennas produced. Despite higher revenues, losses widened due to increased production and operating costs, but liquidity improved after a successful rights issue.

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