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

About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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