AAC Clyde Space Quarterly and Full Year Results

2022-02-17 AAC Clyde Space AB (publ)

Fourth quarter, October-December 2021 (compared with October-December 2020)

  • Net sales increased 116% to SEK 62.1 M (28.7)
  • · Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to SEK -1.0 M (-10.9) and to 0.0 M (-1.6) excluding non-recurring personnel costs of -1.0 M (-1.7) and acquisition costs of 0 M (-7.6)
  • Earnings before interest and tax (EBIT) amounted to SEK -8.0 M (-13.2)
  • The loss after tax was SEK -8.3 M (-13.4)
  • Basic and diluted earnings per share amounted to SEK -0.04 (-0.14)
  • Cash flow from operating activities totalled SEK -1.7 (-11.7)
  • The order backlog increased 161% to SEK 407.2 M (156.3)
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MISHAAL Aerospace Receives Letter of Intent for Launch

MISHAAL_AerospaceMIAMI (MISHAAL Aerospace PR) — MISHAAL Aerospace Corporation, the Miami-based launch vehicle provider for small satellites, is pleased to announce that SpaceQuest Ltd., a Virginia based advanced satellite developer, signed a Letter of Intent for launch of their satellites once MISHAAL Aerospace’s  M-OV, Orbital Vehicle, is ready.

The Letter of Intent highlights SpaceQuest’s satellites launch requirements and the minimum payload intended for launch. This letter of Intent also paves the way to enter into negotiations once the M-OV is ready for commercialization and launch.

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