Friday, February 26, 2016

Increased loss myFC – Swedish Dagbladet

The sales amounted to 21 000 during the quarter (228 000).

They extended losses partly attributable to operating expenses burdened by a write-down of a component stock of 5.3 million. Operating expenses also include amortization of 2.1 million, depreciation, however, was higher, 2.9 million in the comparative period.

As for the delay in volume shipments of the product Jaq – a mobile charger that is based on putting in a plastic card with fuel in a base unit to generate power – as the news agency Direkt reported last week writes myFC that “internal design and engineering changes” undertaken “to align Jaq to the development of smartphones that have occurred and to reduce production costs.”

during Direkt visit to telecoms fair in Barcelona said the marketing manager My Ernevi that these changes are mainly two: first, that the charger should not be so hot during charging, and to reduce the delay between the time a charge card is inserted and the electricity begins generated.

“the preparations for the mass production of Jaq progress”, it says in CEO Bjorn Westerholm’s report comment.

the financial statement also shows that myFC-Board Oskar Herdlands companies IQON Mgmt hired as advisors in a directed share issue of SEK 43 million in December (of which 2 million were paid at year-end and the rest was taken as a claim for payment after the end of the year). For that replaced IQON of 3.44 million, 8 percent of the issue amount.

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