Q-linea Update: Commercial progress and financial challenges
Research Update
2024-06-04
07:56
Q-linea and its distribution partners continue to advance pilot and tender process activities, leading indicators for future sales. The company won an Italian tender and participated in another Italian tender involving nine instruments in Italy. The Q1 OPEX is above our expectations ahead of the extended saving program. The cash position was SEK 29.4m, and Q-linea extended the credit facility from the main shareholder, Nexttobe, by SEK 61m from the earlier SEK 40m level.
Johan Unnerus
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