Bifogade filer
Acconeer Q4 2023 EN
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Elektronisk utrustning |
In the fourth quarter 2023, Acconeer's net sales amounted to 10,612 kSEK, and the product revenue increased by 48% compared to the third quarter. The company sold approximately 153,000 sensors and 10,000 modules. In the quarter 308 evaluation kits were sold, and an accumulated 7,341 EVKs have been sold since launch. The gross margin on sales of goods in Q4 was 60% and 11 new customer products were launched. After the quarter, it was announced that the company intends to carry out a fully guaranteed rights issue of SEK 150 million.
CEO Lars Lindell comments: “Highlights of the fourth quarter were major advances in the automotive industry, with several important design wins with major companies. In addition, we received the first prototypes of our next generation radar sensor, and we are pleased to say that these are performing above expectations, giving us confidence as we continue to develop and commercialize the A2.”
FOURTH QUARTER
- Net sales for the fourth quarter amounted to kSEK 10,612 (13,859) TSEK.
- The gross margin on sales of goods was 60 (56) %.
- Result after taxes amounted to kSEK-11,289 (-10,428).
- Earnings per share before and after dilution was SEK -0.42 (-0.40).
- The cash flow from operating activities was kSEK -9,846 (-6,973).
FULL YEAR
- Net sales for the full year amounted to kSEK 35,522 (46,825).
- The gross margin on sales of goods was 62 (59)%.
- Result after taxes amounted to kSEK -46,504 (-47,154).
- Earnings per share before and after dilution was SEK -1.76 (-1.81).
- The cash flow from operating activities was kSEK -37,276 (-36,220).
- Cash and cash equivalents on the balance sheet date amounted to kSEK 38,653 (89,883).
SIGNIFICANT EVENTS DURING THE FOURTH QUARTER
- Acconeer received order from NEXTY worth USD 150,000.
- Large Japanese electronics company launched module based on Acconeer’s A1 radar sensor.
- Acconeer announced five new automotive design wins to an estimated value of USD four million.
- Acconeer received order from NEXTY worth USD 190k.
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
- Acconeer announced automotive design win to an estimated value of USD 5 million.
- It was announced that Acconeer intends to carry out a fully guaranteed rights issue of approximately SEK 150 million, financial targets and preliminary financial information for FY 2023 was announced.
The year-end report is attached to this press release and available through Acconeer's website: https://www.acconeer.com/investor_page/home/financial-reports/.