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GomSpace - Presentation of Q4 2022

Af Kasper LihnHead of Research
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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