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GomSpace - Presentation of Q4 2022

By HC Andersen Capital
GomSpace Group

Earlier today, GomSpace was represented by CFO and Interim CEO Troels Dalsgaard to present the company’s Q4 2022 and full-year financials for 2022, which were announced this morning.

Following a challenging 2022 with a revenue of SEK 198m (-7% decline YoY) and a lower EBIT margin than expected of -117%, the company has now taken corrective actions, which was a key focus during the presentation.

Looking into 2023, GomSpace guides SEK 250-290m in revenue (including third-party revenue with lower margins), and an EBIT margin between -25% and -15%, primarily due to the company’s product development program. As the company has communicated earlier, GomSpace also intends to raise capital in Q1 2023 through a rights issue to improve the capital structure.

Today's presentation also focused on GomSpace’s long-term 2030 strategy and the roadmap to becoming an integrated service provider.

Watch the full presentation and the Q&A session with many questions from the audience on Youtube: https://www.youtube.com/watch?v=JrpiENTg4xQ or Inderes: https://www.inderes.dk/videos/gomspace-presentation-of-q4-2022

HC Andersen Capital receives payment from GomSpace for a Corporate Visibility/Digital IR subscription agreement. /Kasper Lihn 16:58, 7 February 2023.

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