BoMill AB ("BoMill" or the "Company") hereby publishes the Interim Report for the period July 1 - September 30, 2023. The Interim Report is available as an attached file to this release and on BoMill's website. Below is a summary of the report.
Focus on commercial development - new orders and strategic partnerships
CEO Andreas Jeppsson comments:
"A new order on BoMill InSight™ and new partnerships with leading companies expanding our distribution network in strategic markets, is the result of our intense commercial activities and the success of our first BoMill InSight™ installations."
Net sales and income for the second quarter (July - September 2023) - Net sales amounted to KSEK 0 (KSEK 88).
- Net income after financial items amounted to KSEK -5 298 (KSEK -5 169).
- Net income per net weighted average share amounted to SEK -0,06 (SEK -0,11).
- Cash flow during the third quarter amounted to KSEK -5 920 (KSEK -6 314).
- As of September 30, 2023, cash and cash equivalents in the Company amounted to KSEK 15 709 (KSEK 18 997).
Net sales and income for the first six months (January - September 2023) - Net sales amounted to KSEK 5 371 (KSEK 540).
- Net income after financial items amounted to KSEK -13 439 (KSEK -16 871).
- Net income per net weighted average share amounted to SEK -0,21 (SEK -0,58).
- Cash flow during the period amounted to KSEK 1 065 (KSEK 4 455).
- Orders received during the period amounted to approximately MSEK 4,2 (MSEK 2,8).
Highlights during the third quarter- On August 3, BoMill confirmed the first installations of BoMill InSight™ are successful.
- On September 7, BoMill announced a distribution agreement with Nexeed Inc. for the Canadian market.
- On September 12, BoMill announced a distribution agreement with I.P. Global Tech & Machinery for the Mexican market.
- On September 13, BoMill signed agreement with Baltijos Javai worth EUR 270 000
Highlights after the end of the period- On October 3, BoMill announced its forthcoming presence at Agritechnica
- On October 20, BoMill announced the Nomination Committee for the 2024 Annual General Meeting.
BoMill Q3 report can be found on BoMill's website (www.bomill.com/investors/reports)