Freemelt Q3 2024: Solid top-line but weak cash flow - Redeye

Redeye comments on Freemelt’s Q3 results, which were roughly in line with expectations in terms of sales, while margins were better than anticipated. The company had a solid quarter in terms of order intake, and it is encouraging to see sales pick up again after two softer quarters. However, the burn rate remains high, and the focus shifts once again to the balance sheet.

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