Business
TESSIN: Net loss widened to -75.9 MSEK as revenue dropped 32%, with future viability hinging on new funding
TESSIN: Net loss widened to -75.9 MSEK as revenue dropped 32%, with future viability hinging on new funding
About this update from Tessin Nordic Holding Ab
Revenue fell 32% to 13.9 MSEK and net loss deepened to -75.9 MSEK, driven by lower loan volumes and write-downs. Continued operations depend on new external financing and institutional capital, with significant uncertainty flagged by auditors.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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