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Västra Hamnen Corporate Finance has published an updated analysis on Crunchfish

19 February 2021 - 12:15

Today, on February 19, Västra Hamnen Corporate Finance has published an updated analysis on Crunchfish titled “Crunchfish: Partners and Patents”. The analysis is available as an attached document and through this link.

In the analysis, Västra Hamnen writes: “Yesterday’s full year report from Crunchfish shows how the company’s focus is evolving more and more towards digital cash. Crunchfish has released a string of press releases recently, detailing new partnerships and patents in this area. Its ambitions have now grown far beyond instant payments in India and the Nordic area. The company has patented solutions that would facilitate offline digital cash payments for any digital wallet anywhere, irrespective of whether the underlying payment structure is a card network, an instant payment network, central bank digital currency, or a combination of these.”

In the analysis, an unchanged share price interval according to the DCF model of 25,30 SEK – 40,10 SEK per share is stated. The full analysis is available on Västra Hamnen’s and Crunchfish’s websites.

In connection with the publication of the Q4 report, an interview with Crunchfish’s CEO Joachim Samuelsson on the theme “Solving for the future” was published. This interview is available here: https://www.youtube.com/watch?v=1_S7t-ds8G0

Furthermore, a live interview on the theme “Digital Cash Partners and Patents” with Joachim Samuelsson and Alf Riple, head analyst at Västra Hamnen, was done. This interview is available here: https://www.youtube.com/watch?v=CZiFgt16uws

As a service to the company’s shareholders and with the purpose to increase transparency, Crunchfish has commissioned Västra Hamnen to conduct analysis of the company. The analysis includes an independent review of the company, its products, markets and competitors as well as a financial scenario that serves as a basis for an estimate of a motivated market cap of the company.

For more information, please contact:
Joachim Samuelsson, CEO Crunchfish AB
+46 708 46 47 88

joachim.samuelsson@crunchfish.com

Ulf Rogius Svensson, IR & Marketing Manager
+46 733 26 81 05

ulf.rogius.svensson@crunchfish.com

Västra Hamnen Corporate Finance AB is the Certified Adviser. Email: ca@vhcorp.se. Telephone +46 40 200 250.

About Crunchfish – crunchfish.com
Crunchfish is a tech company with a patent-pending solution for digital offline payments that can be integrated both with the payment rail or in a mobile wallet. The offline solution is globally scalable and makes digital payments more robust as the risks of disruptions and downtime are eliminated. We have also developed Blippit, an app terminal that connects to a cash register system for both online and offline payments. Crunchfish also develops gesture control of smart AR glasses for the consumer market. Crunchfish has been listed on Nasdaq First North Growth Market since 2016 with headquarters in Malmö, Sweden and with representation in India.

Provided by: Cision
Nasdaq First North GM (Sweden)
Crunchfish AB
Crunchfish AB is a Sweden based company involved in providing software and UX expertise that reinvents m-commerce and enterprise AR interaction. Its touchless gesture interaction technology enables to use hands to engage with digital interfaces....
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