MyFC Holding (publ) Financial Report January - September 2018

News provided by

myFC

Oct 26, 2018, 04:26 ET

STOCKHOLM, Oct. 26, 2018 /PRNewswire/ -- The quarter July – September 2018

  • Net sales: KSEK 202 (6)
  • Operating loss: MSEK -15.4 (-10.7)
  • Earnings per share: SEK -0,22 kr (-0,33)

Significant events July – April 2018

  • MyFC runs an electric car on water at Almedalen political week
  • myFC makes key recruitment within mobile integration
  • myFC ships JAQ Hybrid to Lightec Japan

Significant events after the end of the period

  • myFC makes adjustments in the Group Leadership Team
  • myFC showcases prototype smartphone charged by integrated fuel cell
  • myFC launches JAQ Hybrid in Japan together with Lightec Inc
  • myFC develops technology that secures the company's recurring revenues from fuel, and protects users and manufacturers from counterfeit fuel cards
  • myFC reinforces Group leadership with Tord Karlin as Research & Development Director

Comment from CEO Björn Westerholm:

"All our focus areas have developed well during the third quarter. From a sales perspective, I am pleased to have delivered JAQ Hybrid to Japan. Both because Lightec is our first customer outside China, and because Japan is arguably the world's most advanced mobile market. During the coming quarter, we will continue our implementation of the strategy, our talks with potential partners and customers, and our continued technical and commercial development with sustained intensity."

For more information, please contact:
myFC Press Office
Mail: [email protected]
Phone: +46-(0)-738-09-33-83

This information is information that myFC is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 26 of October 2018.

For further information, please contact: 
myFC Press Office 
Email: [email protected] 
Phone: +46-(0)-738-09-33-83

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/myfc/r/myfc-holding--publ--financial-report-january---september-2018,c2656138

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SOURCE myFC

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