Business
GOMERO: Q1 revenue dropped 29% year-over-year, with negative margins but strong cash and no debt
GOMERO: Q1 revenue dropped 29% year-over-year, with negative margins but strong cash and no debt
About this update from Gomero Group Ab
Net sales fell 29% year-over-year to 10,132 tkr, with negative EBITDA and EBIT margins due to a higher cost base and absence of last year's large order. The company remains well-capitalized, with no debt and a strong market outlook, supported by recent management changes.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.