GomSpace – Q4 2023 market update

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GomSpace has released a Q4 2023 market update including key performance parameters ahead of its audited full-year results, which will be announced on 27 February 2024. On 14 February 2024 at 12:00, GomSpace’s CEO Carsten Drachmann will present the released part of the preliminary results in a virtual live event followed by a Q&A session.

The unaudited Q4 preliminary results showed strong progress on all three pillars in the current transformation process to become a more market-oriented and profitable organization. In Q4 2023, GomSpace delivered a positive cash flow of SEK 21m, which is an incremental improvement from Q3 2023 of SEK 27m. Moreover, GomSpace accelerated on both product orders and orders from the US market.

GomSpace is a space company, manufacturing and supplying cubesat and small satellite solutions for customers in the academic, government, and commercial markets. Today, GomSpace has a global presence and customers from more than 50 countries.

Disclaimer: HC Andersen Capital receives payment from GomSpace for a Digital IR/Corporate Visibility subscription agreement. /Michael Friis 13:34, 12. February 2024.