Vimab Group AbOMXSTO: VIMAB

VIMAB: Revenue and profit declined, but large battery orders and new financing support future prospects

· Issued by Vimab Group AB

Revenue fell 18% year-over-year due to lower Vimab BESS sales, with net loss widening to -30.9 MSEK. Cash flow was negative but bolstered by a 21 MSEK share issue, and major battery system orders are expected to drive future growth.

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