BoMill Q2 Report April – June 2024
22 August 2024, 08:30 CET
BoMill AB (”BoMill” or the “Company”) hereby publishes the Interim Report for the period April 1 – June 30, 2024. The Report is available as an attached file to this release and on BoMill’s website. Below is a summary of the report.
DEDICATED TO GROWING OUR BUSINESS IN TANDEM WITH OUR CUSTOMERS
CEO Andreas Jeppsson comments:
“The recent order from Lantmännen confirms that our unique grain sorting solution attracts leading players. This is a fantastic base for the continued commercial development of BoMill InSight™.“
Net sales and income for the second quarter (April – June 2024)
- Net sales amounted to KSEK 8 613 (KSEK 5 316).
- Net income after financial items amounted to KSEK -2 150 (KSEK -2 459).
- Net income per net weighted average share amounted to SEK -0,02 (SEK -0,05).
- Cash flow during the second quarter amounted to KSEK 13 167 (KSEK 14 498).
- Orders received during the period, amounted to approx. MSEK 5,5 (MSEK 1,0).
- As of June 30, 2024, cash and cash equivalents amounted to KSEK 17 470 (KSEK 21 629).
Net sales and income for the first six months (January – June, 2024)
- Net sales amounted to KSEK 11 667 (KSEK 5 371).
- Net income after financial items amounted to KSEK -6 314 (KSEK -8 140).
- Net income per net weighted average share amounted to SEK -0,06 (SEK -0,17).
- Cash flow during the period amounted to KSEK 4 949 (KSEK 6 985).
- Orders received during the period amounted to approx. MSEK 10,5 (MSEK 1,0).
Highlights during the second quarter
- On April 12, in accordance with the proposals from the Board of Directors, the ordinary general meeting approved a share issue of 16,8 MSEK with preferential rights, with a subscription period between April 25 and May 14.
- On May 15, BoMill announced that the share issue was oversubscribed. After registration of the newly issued shares with the Swedish Companies Registration Office, the total number of shares amounts to 120 975 582 shares, and the share capital amounts to SEK 1 330 731.
- On June 28, BoMill announced a follow-up agreement signed with Lantmännen Lantbruk worth EUR 475,000.
BoMill Q2 report can be found on BoMill’s website (www.bomill.com/investors/reports)
For more information about BoMill, please contact:
Andreas Jeppsson, CEO - Phone: +46 727 001 182 - E-mail: andreas.jeppsson@bomill.com
Latest news and releases
BoMill Q2 Report April – June 2024
22 August 2024
BoMill AB (”BoMill” or the “Company”) hereby publishes the Interim Report for the period April 1 – June 30, 2024. The Report is available as an attached file to this release and on BoMill’s website. Below is a summary of the report.
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
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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.