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In previous memos, MSEK was stated instead of kSEK for the financial figures.
Unibap AB (publ) ("Unibap" or the "Company"), today issues a trading update for the second quarter of 2024. Full results for the period will be announced on 23 August 2024. The purpose of this announcement is to provide the market and shareholders with updated financial information in connection with a directed issue of shares of approximately SEK 30 million which Unibap intends to resolve upon.
Preliminary financial information for the second quarter 2024
Net sales in Q2 2024 amounted to kSEK 24,732 (to be compared with 9,747 in Q2 2023), which corresponds to an increase of 154% compared to the same period last year. During the latest twelve-month period (LTM) ended 30 June 2024, net sales amounted to kSEK 79,191 (25,911), which corresponds to an increase of 206% and underpins the communicated growth ambition for the full year 2024 of 50%.
Capitalized work on own account amounted to kSEK 6,215 (8,486). The Company's operating income amounted to kSEK 33,431 (20,827).
Operating profit for Unibap amounted to kSEK 2,594 (-5,829), which was negatively impacted by increased depreciation of intangible non-current assets attributable to the completion of the product development phases for iX5 and iX10.
The figures have not been subject to a review by the auditor and the full quarterly financial report will be published on 23 August 2024. In connection with the publication of the Q2 results, Unibap will invite investors, analysts and media to a webcast with questions and answers.
Intention to carry out a directed share issue
The Board of Directors of Unibap is in the final phase of negotiations with an investment vehicle controlled by Neqst ("Neqst") and intends to resolve on a directed share issue of approximately SEK 30 million to Neqst. The Directed Share Issue is intended to be carried out with deviation from the shareholders' preferential rights and will be subject to the subsequent approval of the general meeting. The subscription price will be determined through negotiations with Neqst at arm's length.
For more information, please contact:
Johan Åman
CEO
+46 70 821 00 51
This information is information that Unibap AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 15 July 2024 08:30 (CEST).
About Unibap
Unibap is a high-tech company offering advanced solutions for Edge Computing and Cloud Computing in space. Our SpaceCloud® offering consists of hardware, software and services that transform the space industry by establishing a new standard for AI and cloud solutions in satellites. The company's quality management system is certified according to SS-EN ISO 9001:2015. The company is listed on Nasdaq First North Growth Market.
For more information, please visit the Company's website unibap.com
FNCA Sweden AB is the Company's Certified Adviser.