Freemelt: First eMELT delivery in Q2e - ABG

Q2e: one eMELT-iD and two Freemelt ONE deliveries
Sales of SEK 13.7m (5.5m) and adj. EBIT of SEK -5.8m (-11.0m)
Collaborations: Sandvik, 3DMX, Georgia Tech; fusion study


Q2e: First eMELT delivery

During Q2, we expect one eMELT-iD and two Freemelt ONE deliveries to have been made, resulting in sales of SEK 13.7m (5.5m). With costs remaining fairly stable, we forecast adj. EBIT of SEK -5.8m (-11.0m). While we expect FCF to remain negative, this will be offset by the SEK 60m share issue in the quarter, leaving the company with a cash balance of SEK 58m, vs. R12m lease adj. FCF of SEK -59m.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/Freemelt/Equity-research/2024/7/freemelt---first-emelt-delivery-in-q2e/