Q-linea Q2 Update: Commercial progress and financial challenges
Research Update
2024-07-12
07:37
Q-linea and its distribution partners continue to advance pilot and tender process activities, which are leading indicators for future sales. ASTar is making progress in both US and Europe but sales cycles remains extended. The saving program is now in place and the cash position was SEK 20.5m, and this is extended to SEK81m when considering the credit facility from the main shareholder, Nexttobe.
JU
Johan Unnerus
Disclosures and disclaimers