SaltX Technology Holding AB

02/17/2021 | Press release | Distributed by Public on 02/17/2021 01:08

SaltX Technology Holding AB Year-end report 2020

21.02.17

SaltX Technology Holding AB Year-end report 2020

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FINANCIAL EVENTS

Fourth quarter

-Net sales totaled MSEK 0.0 (0.9)
-Operating profit/loss (EBIT) amounted to MSEK -8.1 (-10.9)
-Cash flow from operating activities amounted to MSEK -6.7 (-10.2)
-Earnings per share before and after dilution were SEK -0.10 (-0.16)

Full year January - December

-Net sales amounted to MSEK 0.1 (0.2)
-Operating profit/loss (EBIT) amounted to MSEK -33,4 (-83.8)
-Cash flow from operating activities amounted to MSEK -32.5 (-58.8)
-Earnings per share before and after dilution were SEK -0.41 (-1.22)

SIGNIFICANTS EVENTS

Fourth quarter

-SaltX builds a fluidized bed reactor for energy storage using nanocoated salt
-This is how SaltX can make Helsinki carbon neutral

Other information

- Some impact of the pandemic is noted both regarding own staff and in collaboration with partners

Stockholm, February 17, 2021 

Board & CEO 

For  further  information  contact: 
Carl-Johan  Linér, CEO  of  SaltX  Technology: Tel + 46 705 32 08 08 
Harald Bauer, CFO  of  SaltX  Technology: Tel + 46 708 10 80 34 

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This  information is  such  information as  SaltX  Technology  is  required  to  disclose  under the EU Market Abuse  Regulation. The information  was  provided,  through  the  contact  of  the  above  contact  person, for  publication  only February 17, 2020 at 08.00 CET. 

About  SaltX  Technology 
SaltX  Technology develops and sells a patented energy storage technology based on nanocoated salt. SaltX  Technology's shares are listed on the Nasdaq First North Premier Growth Market. FNCA Sweden AB, +468-528 00 399, [email protected], is  SaltX  Technology's certified adviser. For more information, visit:  www.saltxtechnology.com. 


February 17, 2021, Stockholm