Home/TC TECH Sweden AB (publ) publishes its Summarized Financial Statements

TC TECH Sweden AB (publ) publishes its Summarized Financial Statements

TC TECH has today published its summarized financial statement report for the period January 1 to December 30, 2019

Net sales amounted to 4 358 (48) TSEK in the fourth quarter of 2019. Net profit/loss totalled -6 007 (-10 326) TSEK in the fourth quarter of the year. Cash flow from operating activities was -3 991 (-13 500) TSEK in the period from October 1st to December 31st 2019.

Net sales amounted to 14 193 (48) TSEK in the full year of 2019, while Net profit/loss totalled -27 640 (-32 365) TSEK in the full year 2019. Cash flow from operating activities was -22 181 (-26 498) TSEK in the full year 2019.

Developments in the fourth quarter of 2019

  • TC TECH Sweden AB (publ) has in October made a directed equity issue of 1 412 700 shares, based on the authorization granted by the AGM held on May 9th 2019. As a result of this resolution, the company’s share capital increased by SEK 113 016 and liquid funds by around SEK 19 million.

 

Developments after year-end 2019

  • TC TECH Sweden AB (publ) announced that the company has received an order for an evaluation project of LGPs from a German sub-supplier in the automotive industry. This is TC TECH’s first inroad into the automotive industry.
By |February 21st, 2020|News|Comments Off on TC TECH Sweden AB (publ) publishes its Summarized Financial Statements

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