Gapwaves reported sales of SEK 4. 4m in Q2’19, which was somewhat lower than expected. Costs were at the same time also lower, resulting in a lower than expected loss. We, however, argue that it is more important to focus on the progress in generating new contracts.
In that regard, Gapwaves has made solid progress within automotive during the summer, which opens up for significant revenues in 2022 and beyond.