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Västra Hamnen Market Focus

Prenumeration

Crunchfish: Considering strategic options
2024-08-30 09:45:00
  • Alliance with Tata Consulting Services will improve the reach
  • Evaluating new financing options
  • We maintain our fair value at SEK 12.70 per share

During the second quarter, Crunchfish entered a collaboration with Tata Consulting Services with the potential for greater global reach. The company is also engaged in activities with a leading payment service provider. The capital need is becoming increasingly relevant and the company is considering new financing solutions. Crunchfish reported net sales of MSEK 0.43 million and an operating loss of MSEK 5.9 million. We maintain our fair value at SEK 12.70 per share.

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The research report is prepared as part of Market Focus, Västra Hamnen Corporate Finance's commissioned research offering.

This is a press release from Västra Hamnen Corporate Finance AB. 
Web: vhcorp.se
Twitter: @vhcorp_se (https://x.com/vhcorp_se)

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