Wyld Networks' Interim Report Q2 2023
Wyld launched the commercial service in Q4, and doubled the order book of the whole of 2022 in Q1 2023, converting huge opportunities into purchase orders. The order backlog stands at USDM 8.6 (MSEK 92). Now we are scaling up manufacturing to meet this high demand and we plan to deliver product starting in Q3 2023.
Financial Summary, Q2 2023
+-----------------------------------------+-------+------+-------+-------+
| |Q2 (Apr-Jun) |H1 (Jan-Jun) |
+-----------------------------------------+-------+------+-------+-------+
|2023 |2022 |2023 |2022 |
+-----------------------------------------+-------+------+-------+-------+
|Total income SEK k |1,333 |1,038 |2,664 |1,984 |
+-----------------------------------------+-------+------+-------+-------+
|EBIT, SEK k |-10,520|-9,864|-19,635|-16,931|
+-----------------------------------------+-------+------+-------+-------+
|Earnings per share, SEK (before dilution)|-0.79 |-1.01 |-1.47 |-1.88 |
+-----------------------------------------+-------+------+-------+-------+
|Earnings per share, SEK (after dilution) |-0.68 |-1.01 |-1.26 |-1.88 |
+-----------------------------------------+-------+------+-------+-------+The interim Report is available to download at Wyld Networks' website:
https://wyldnetworks.com/investor-relationsFor further information, please contact:
Alastair Williamson, CEO Wyld Networks
E-mail: [email protected]
Tel: +44 7 824 997689This information is such that Wyld Networks AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU No 596/2014). The information was submitted for publication, through the agency of the contact person above, at 08:30 CET on 21 August 2023.
About Wyld Networks AB
Wyld Networks develop and sells innovative wireless technology solutions that enables affordable connectivity anywhere in the World, addressing the problems for businesses and people regarding the lack of global mobile network coverage. The solutions are mainly targeted to wireless connectivity for the Internet of Things (IoT) and people.
Wyld Networks Ltd was formed in Cambridge, UK in 2016 and is a wholly owned subsidiary of Wyld Networks AB.
The Wyld Networks share (WYLD) is traded on the Nasdaq First North Growth Market. Certified Adviser is Mangold Fondkommission AB (tel +46 8-5030 1550, email [email protected]).
Read more on www.wyldnetworks.com