Focus on customers, product and delivery
BeammWave AB's Interim Report for the period January-September 2024 is now available on the Company's website beammwave.com/news.
The optimistic outlook we previously shared in terms of new customers, remains and has been strengthened. All the discussions we've been having over the past few years continue, and our view of timing remains largely unchanged, says Stefan Svedberg, CEO of BeammWave.
Highlights during the third quarter
- BeammWave makes the world's first Over-The-Air demonstration of Distributed Digital Beamforming
- BeammWave CEO in analyst interview with Redeye
- BeammWave appoints Pareto Securities as liquidity guarantor
- BeammWave participated in Aktiespararna's event Aktiedagarna
Highlights after the period
- BeammWave and Saab awarded SEK 4.1M in an innovation grant from Vinnova
- BeammWave joins the XG Mobile Promotion Forum (XGMF), a Japanese forum that aims to promote mobile services and the development of mobile businesses
- BeammWave granted SEK 3M contribution from the Vinnova call "6G Research and innovation 2024"
- The BeammWave Patent Portfolio for Digital Beamforming expands with a grant in Korea of the one of BeammWaves fundamental patents
Period July-September 2024
- Net sales was SEK 0K (0)
- Operating profit/loss was SEK -6,082K (-4,868)
- Profit/loss before tax was SEK -5,980K (-4,745)
- Earnings per share was SEK -0.27 (-0.36)
- Solvency was 90 (91) %
Period January-September 2024
- Net sales was SEK 1,066K (0)
- Operating profit/loss was SEK -16,053K (-14,185)
- Profit/loss before tax was SEK -15,858K (-13,771)
- Earnings per share was SEK -0.93 (-1.05)
- Solvency was 90 (91) %
For further information, please contact:
Stefan Svedberg, CEO
+46 (0) 10 641 45 85
info@beammwave.com
About Us
BeammWave AB are experts in communication solutions for frequencies over 24GHz. The company is building a solution intended for 5G and 6G, in the form of a radio chip with antenna and associated algorithms. The company's approach with digital beamforming is unique and patented, with the aim of delivering a solution with higher performance at a lower cost. The company's share serie B (BEAMMW B) is listed on the Nasdaq First North Growth Market in Stockholm. Certified Adviser is Redeye AB.
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