Second quarter report released

Today, August 25, 2017 AcouSort released its Q2-2017 financial report. Link to the full report may be found here (in Swedish): AcouSort – Q2 2017Highlights from the report are:

First six months (2017-01-01 to 2017-06-30)

  • Revenues KSEK 1,142  (969)
  • Profits before tax KSEK -2,614 (-71)

Second quarter (2017-04-01 to 2017-06-30)

  • Revenues KSEK 732 (692)
  • Profits before tax KSEK -1,750 (46)

(Amounts in parenthesis reflect same period 2016)

Highlights from the Second Quarter include:

  • 11 April the Company announced not to continue its patent application P10814 and thus free up SEK 50-70,000 per year in 2017 and 2018. The patent application was judged not to be relevant for the Company’s planned product pipeline
  • 2 May it is announced that the Company’s fourth largest shareholder, LU Holding AB, has reduced its ownership to below 10%
  • 16 June AcouSort conducted its Ordinary General Assembly and approved the Annual Report 2016. More information (in swedish) may be found under Investor Relations
  • 4 July the Company published a comprehensive status report for the ongoing projects and development activities
  • 7 July it was announced that AcouSort has received Notice of Allowance by the Japanese patent authorities for the patent on 2D focusing of biological cells or particles for separation (2014-533243)