SaltX Technology Holding AB (publ) Interim report 3 2020

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Interim report 3 2020

Financial events 
 
Third quarter

- Net sales amounted to MSEK 0.0 (0.2)
- Operating profit/loss (EBIT) totaled MSEK -8.0 (-7.0)
- Cash flow from operating activities amounted to MSEK -6.6 (-12.4)
- Earnings per share before and after dilution amounted to SEK -0.11 (-0.10)

Year to date January — September

- Net sales amounted to MSEK 0.1 (-0.7)
- Operating profit/loss (EBIT) totaled MSEK -25.3 (-72.9)
- Cash flow from operating activities amounted to MSEK -25.8 (-48.7)
- Earnings per share before and after dilution amounted to SEK -0.32 (-1.06)


Significant events

Third quarter
- State Energy Agency grants support with MSEK 5 for further development and verification of SaltX solution for energy storage

After the end of the period
- SaltX builds a fluidized bed reactor for energy storage using nanocoated salt
- This is how SaltX can contribute to making Helsinki CO2 neutral

Other information
- The effect of Covid-19 remains limited, however with a certain delay in the cooperation with partners

 

Stockholm, November 4, 2020 
Board & CEO

For further information contact: 
Carl-Johan Linér, CEO of SaltX Technology: Tel + 46 70 532 08 08 
Harald Bauer, CFO of SaltX Technology: Tel + 46 708 10 80 34 

 

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This information is such information as SaltX Technology is required to disclose under the EU Market Abuse Regulation. The information was provided, through the contact of the above contact person, for publication only November 4, 2020 at. 08.00 CET.

About SaltX Technology 
SaltX Technology develops and sells a patented energy storage technology based on nanocoated salt. SaltX Technology's shares are listed on the Nasdaq First North Premier Growth Market. FNCA Sweden AB, +468-528 00 399, info@fnca.se, is SaltX Technology's certified adviser. For more information, visit: www.saltxtechnology.com. 

 
November 4, 2020, Stockholm