Finwire August 30, 2024 - 11:25

Crunchfish: Considering strategic options - VH Corp

* Alliance with Tata Consulting Services will improve the reach
* Evaluating new financing options
* We maintain our fair value at SEK 12.70 per share

During the second quarter, Crunchfish entered a collaboration with Tata Consulting Services with the potential for greater global reach. The company is also engaged in activities with a leading payment service provider. The capital need is becoming increasingly relevant and the company is considering new financing solutions. Crunchfish reported net sales of MSEK 0.43 million and an operating loss of MSEK 5.9 million. We maintain our fair value at SEK 12.70 per share.

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