Today, GomSpace announced its Q1 2023 report. GomSpace’s CEO Carsten Drachmann presented the financial results and the company's strategy update, moving its guidance from revenue and EBIT to free cash flow. The company's new guidance is to reach a positive free cash flow in the second half of 2024.
GomSpace is a space company, which is 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, 15:50, 26 May 2023.