Company Announcement No. 65
Aalborg, January 29th, 2024
In the half-year report, you can read more about the highlights for the period, which include:
- An order for Wappsto:bit, our EdTech solution, which was selected in the first tender for Spanish schools
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An order for the development of new radio modules for
Eastern Europe , as well as pre-qualification for tenders, together with our partner who supplies electricity meters - A significant order to a large Danish retail chain for our EMS solution
Establishment of a significant strategic partnership with NewRoniX for the agricultural sector
CEO
"We are seeing increased demand for solutions in two strategic segments. One is Smart Energy, and the other is EdTech (educational technology). Although these segments may seem completely different, they both have
Financial Highlights
Revenue in H1 2023/24 was
Revenue is below expectations as the sales and decision-making process with customers has proven to be longer than expected.
EBITDA for H1 2023/24 amounted to
The liquidity preparedness is
We are still waiting to receive payment of Corona Compensation of
Outlook
We maintain the expectations for the financial year 2023/24 with the following main points:
Revenue of
Financial Highlights
Key Figures (DKK-tkr) | H1 2023/24 | H1 2022/23 | 2022/23 | 2021/22 |
Revenue | 1.904 | 2.093 | 5.167 | 6.004 |
Revenue from data, license, and subscription | 491 | 1.794 | 3.734 | 4.050 |
Revenue from hardware | 776 | 31 | 905 | 985 |
Revenue other | 637 | 268 | 528 | 969 |
EBITDA | -1.907 | -2.291 | -3.550 | -346 |
Profit/loss after tax | -2.761 | -3.277 | -6.037 | -3.996 |
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Equity | 5.602 | 11.123 | 8.363 | 14.401 |
Balance Sheet | 13.640 | 18.707 | 17.593 | 22.934 |
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CASH flow |
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Cash Flow from Operations | -106 | -895 | -2.363 | 2.785 |
Cash Flow from Investments | -1.076 | -1.714 | -1.908 | -3.696 |
Cash Flow from Financing | -979 | -56 | -70 | 16 |
Total Cash Flow | -2.161 | -2.665 | -4.341 | -895 |
Cash equivalent end of the period | 588 | 4.425 | 2.749 | 7.090 |
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Number of shares (pcs.) | 9.632.961 | 9.632.961 | 9.632.961 | 9.632.961 |
Earnings per share (DKK) | -0,29 | -0,34 | -0,63 | -0,41 |
Solvency ratio | 41,1 % | 59,5 % | 47,5 % | 62,8 % |
Liquidity ratio | 127,7 % | 503,1 % | 205,5 % | 473,8 % |
Attachment:
Contacts
Daniel Lux , CEO,Seluxit , +45 46 922 722, info@seluxit.comJohn Norden , Certified Advisor, Norden CEF, +45 20 720 200, jn@nordencef.dk
About Seluxit
Seluxit’s unique standards-based approach to IoT reduces development time and development costs, and thereby minimizes risks.That gives our customers a fast path to both saving and earning money, because their solution enters the market quickly.
Our end-to-end IoT solutions create value in many ways including optimizing energy usage, improving service efficiency, and allowing for more effective training.
Attachments
- Download announcement as PDF.pdf
Seluxit - Halvårsrapport H1 23-24.pdf
© Ritzau Denmark, source