Skip to content

SaltX Technology Holding AB (publ): Interim report Q1 2017

(English translation, original Q1 report was posted on may 23, 2017) Key figures Q1 2017 (Group, TSEK) Operating revenue&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 052 Profit/loss after financial items&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -5 589 Equity&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82 691 Cash flow for the period&nbsp;&nbsp; -8 842 Equity/debt ratio&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp; 66% Significant events during the first quarter Collaboration with &Ouml;resundskraft on new gas heat pump &hellip; <a href="https://www.saltxtechnology.com/cision/saltx-technology-holding-ab-publ-interim-report-q1-2017/">Continued</a>

(English translation, original Q1 report was posted on may 23, 2017)

Key figures Q1 2017 (Group, TSEK)

  • Operating revenue                      
    5 052
  • Profit/loss after financial items     
    -5 589
  • Equity                          
    82 691
  • Cash flow for the period  
    -8 842
  • Equity/debt ratio               
    66%

Significant events during the first quarter

  • Collaboration with Öresundskraft on new gas heat pump
  • SaltX signs contract for the development of energy storage to households together with global OEM
  • Success of SaltX performs successful verification tests of large-scale energy storage at DLR’s

Significant events after the end of the quarter

  • New share issue completed contributing the Company approximately SEK 90 million (after costs)
  • Key patent in China granted
  • Agreement for EnerStore project with the Norwegian Östfold Energy
  • US order for gas-powered heat pumps obtained –Agreement for field trials with NEEA and Rheem worth MSEK 4.5

Stockholm, May 23, 2017

Board & CEO