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SaltX Technology Holding AB (publ): Interim report Q1 2017

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(English translation, original Q1 report was posted on may 23, 2017)

Key figures Q1 2017 (Group, TSEK)

  • Operating revenue                      
    5 052
  • Profit/loss after financial items     
    -5 589
  • Equity                          
    82 691
  • Cash flow for the period  
    -8 842
  • Equity/debt ratio               
    66%

Significant events during the first quarter

  • Collaboration with Öresundskraft on new gas heat pump
  • SaltX signs contract for the development of energy storage to households together with global OEM
  • Success of SaltX performs successful verification tests of large-scale energy storage at DLR's

Significant events after the end of the quarter

  • New share issue completed contributing the Company approximately SEK 90 million (after costs)
  • Key patent in China granted
  • Agreement for EnerStore project with the Norwegian Östfold Energy
  • US order for gas-powered heat pumps obtained –Agreement for field trials with NEEA and Rheem worth MSEK 4.5

Stockholm, May 23, 2017

Board & CEO

About SaltX Technology

SaltX Technology develops and markets a patented energy storage technology marketed under the brand SaltX ™. Customers consist mainly of major global OEM players such as Alfa Laval, Mobile Climate Control and Rheem. SaltX Technology's act is listed on Nasdaq Stockholm First North. FNCA Sweden AB is SaltX Technology's certified adviser. For more information visit www.saltxtechnology.com.



SALTX-Q1-2017-English.pdf