Stockholm, Sweden 14-02-2025. EcoDC Holding AB (publ) ("EcoDC" or the "Group") hereby publishes its interim report for the fourth quarter of 2024. The report is available in Swedish and English on the Company’s website: ecodatacenter.tech/investors. Below is a summary of the report.
The Group's net sales for the period amounted to KSEK 89,035 (87,185). The increase in net sales is attributable to projects that were completed during the period. For the period 2023, a major customer project was invoiced.
The operating result for the period was KSEK -124 270 (-100 741). The negative profitability trend is attributable to other external costs during the period to ensure future expansion.
Financial expenses for the period were SEK -133,514 (-7,541) thousand, which is directly attributable to the Group's increased indebtedness. Financial liabilities are recognized at amortized cost; full-year reversals were made during the period.
The result for the period was KSEK -242 090 (-53 186).
Cash flow from operating activities amounted to KSEK 145 477 (287 552). Cash flow from investing activities for the period amounted to KSEK -938,256 (-427,918). Cash flow from financing activities amounted to SEK 230,789 (405,459) thousand, which is attributable to net new loans and amortization.
This information is information that EcoDC Holding AB (publ) 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 below, at 16.00 CET on 14-02-2025.
For further information, please contact:
John Wernvik, Chief Marketing & Communications Officer
Mobile: +46708993166
Email: john.wernvik@ecodatacenter.se