Business
SIMRIS_B: Revenue plunged, losses narrowed, and urgent funding is needed for continued operations
SIMRIS_B: Revenue plunged, losses narrowed, and urgent funding is needed for continued operations

About this update from Simris Group Ab Class B
Net revenue dropped 69% year-over-year, but EBITDA and EBIT losses narrowed. Cash reserves remain low, and continued operations depend on securing new funding. Scientific progress in ADC payloads offers future promise.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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