Gasporox
Gasporox Q1 2024: Just as expected (Redeye)
2024-04-23 08:49
Redeye states the report aligned with its estimates, and Gasporox has now produced positive EBITDA seven consecutive quarters in a row, thus trending towards profitability. Sales were driven by VialArch, GPX1500 Vial, and after-sales. Gasporox, with SEK10.4m in cash and SEK12.8m in working capital, is financially stable but faces risks with a convertible loan that could be settled in cash if shares fall below SEK8.5. However, significant stakeholders might opt to increase their shares, and a non-specific contingency plan exists for such settlements.
info@redeye.se (Redeye.se)
Redeye AB - Redeye.se