BoMill Q1 Report, January – March 2021
6 May 2021, 11:03 CET
BoMill AB (”BoMill” or the “Company”) hereby publishes the Interim Report for the period January 1 – March 31, 2021. The Interim Report is available as an attached file to this release and on BoMill’s website. Below is a summary of the report.
CEO Andreas Jeppsson comments:
“During the first quarter, we maintained momentum in terms of building a stronger marketing and sales organization, while continuing work on our ongoing development projects. All of this will be important as we now advance our efforts to implement an updated business strategy, with an increased focus on key segments such as the brewing industry.”
Net sales and income for the first quarter (January – March 2021)
- Net sales amounted to KSEK 42 (KSEK 36).
- Net income after financial items amounted to KSEK -5 178 (KSEK -5 389).
- Net income per share amounted to SEK -0,43 (SEK -130,52).
- Cash flow during the first quarter amounted to KSEK -8 017 (KSEK -3 137).
- As of March 31, 2021, cash and cash equivalents in the Company amounted to KSEK 17 329 (KSEK 1 081).
Highlights during the first quarter
- On January 26, 2021, BoMill announced that the Company had signed an agreement with Lilla Harrie Valskvarn AB to test the Company’s updated sorting technology, which is based on the TriQ model.
- On January 27, 2021, the Extraordinary General Meeting in BoMill resolved on a directed issue of 330,000 warrants. The warrants entitle rights for the founder, Bo Löfqvist , and Managing Director Andreas Jeppsson to subscribe for new shares in the Company.
- On March 19, 2021, BoMill published its Year-End Report for the period January 1 – December 31, 2020. The report is available on BoMill’s website.
Recruitments during the first quarter
-
BoMill appointed a new Chief Technical Officer (CTO), who will join the Company from June 1.
-
BoMill appointed a new Global Marketing Manager, starting from March 1.
Highlights after the first quarter
- On April 6, 2021, BoMill sent out a notice to the Company’s AGM on May 6, 2021.
- On April 12, 2021, BoMill announced the recruitment of a new Chief Financial Officer (CFO), Per Heander. Per Heander has over two decades experience from the venture capital segment. He will join BoMill as CFO on May 6, 2021.
- On April 15, 2021, BoMill published the Annual Report for the fiscal year 2020. The Annual Report is available on BoMill’s website.
For more information about BoMill, please contact:
Andreas Jeppsson, CEO
Phone: +46 (0) 727 001 182
E-mail: andreas.jeppsson@bomill.com
Certified Adviser: Svensk Kapitalmarknadsgranskning AB
Phone: +46 70 755 95 51
E-mail: ca@skmg.se
Latest news and releases
BoMill signs follow-up agreement with Lantmännen worth EUR 475,000
28 June 2024
BoMill AB has signed a follow-up agreement worth EUR 475,000 with Swedish agriculture cooperative group Lantmännen. Following an initial project evaluating BoMill InSight™ during a rental period, Lantmännnen Lantbruk has decided to purchase the solution and increase the capacity with additional sorting units.
BoMill announces that the Rights Issue is registered and the last day of trading in BoMill's BTA is June 10, 2024
5 June 2024
THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER ACTIONS. PLEASE REFER TO THE SECTION “IMPORTANT INFORMATION” BELOW.
BoMill AB (the "Company" or "BoMill") announces that the rights issue of new shares with preferential rights for the shareholders was resolved by the ordinary general meeting April 12, 2024 and whose outcome was announced by the Company through a press release on May 15, 2024 (the "Rights Issue"), is now registered with the Swedish Companies Registration Office and the paid subscribed shares ("BTA") will therefore be replaced with ordinary shares.
BoMill announces outcome of the wholly guaranteed Rights Issue
15 May 2024
THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER ACTIONS. PLEASE REFER TO THE SECTION "IMPORTANT INFORMATION" BELOW.
BoMill AB (the "Company" or "BoMill") announces hereby the outcome of the wholly guaranteed rights issue of shares with a subscription period ended on May 14, 2024 (the "Rights Issue").
The outcome of the Rights Issue shows that 26 962 308 shares were subscribed for with the support of subscription rights, corresponding to approximately 96.6 percent of the Rights Issue; and 8 289 101 shares were subscribed for without the support of subscription rights, corresponding to approximately 29.7 percent of the Rights Issue. In total, 35 251 409 shares were subscribed for with and without the support of subscription rights with an issue amount of SEK 21 150 845.40, corresponding to approximately 126.3 percent of the Rights Issue. Thus, the Rights Issue was oversubscribed, and no guarantee undertaking will be utilized. BoMill will receive a total issue amount of approximately SEK 16.8 million before transaction costs through the Rights Issue.