BoMill Q3 Report July – September 2023
17 November 2023, 08:30 CET
BoMill AB (”BoMill” or the “Company”) hereby publishes the Interim Report for the period July 1 – September 30, 2023. The Interim Report is available as an attached file to this release and on BoMill’s website. Below is a summary of the report.
Focus on commercial development – new orders and strategic partnerships
CEO Andreas Jeppsson comments:
“A new order on BoMill InSight™ and new partnerships with leading companies expanding our distribution network in strategic markets, is the result of our intense commercial activities and the success of our first BoMill InSight™ installations.”
Net sales and income for the second quarter (July – September 2023)
- Net sales amounted to KSEK 0 (KSEK 88).
- Net income after financial items amounted to KSEK -5 298 (KSEK -5 169).
- Net income per net weighted average share amounted to SEK -0,06 (SEK -0,11).
- Cash flow during the third quarter amounted to KSEK -5 920 (KSEK -6 314).
- As of September 30, 2023, cash and cash equivalents in the Company amounted to KSEK 15 709 (KSEK 18 997).
Net sales and income for the first six months (January – September 2023)
- Net sales amounted to KSEK 5 371 (KSEK 540).
- Net income after financial items amounted to KSEK -13 439 (KSEK -16 871).
- Net income per net weighted average share amounted to SEK -0,21 (SEK –0,58).
- Cash flow during the period amounted to KSEK 1 065 (KSEK 4 455).
- Orders received during the period amounted to approximately MSEK 4,2 (MSEK 2,8).
Highlights during the third quarter
- On August 3, BoMill confirmed the first installations of BoMill InSight™ are successful.
- On September 7, BoMill announced a distribution agreement with Nexeed Inc. for the Canadian market.
- On September 12, BoMill announced a distribution agreement with I.P. Global Tech & Machinery for the Mexican market.
- On September 13, BoMill signed agreement with Baltijos Javai worth EUR 270 000
Highlights after the end of the period
- On October 3, BoMill announced its forthcoming presence at Agritechnica
- On October 20, BoMill announced the Nomination Committee for the 2024 Annual General Meeting.
BoMill Q3 report can be found on BoMill’s website (www.bomill.com/investors/reports)
For additional information about BoMill, visit www.bomill.com or contact:
Andreas Jeppsson, CEO | Phone: +46 (0)727 00 11 82 | E-mail: andreas.jeppsson@bomill.com
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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.