GomSpace Q1 2023 Report and Status Update
STOCKHOLM, May 26, 2023 /PRNewswire/ -- GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitability
- STOCKHOLM, May 26, 2023 /PRNewswire/ -- GomSpace releases its Q1 2023, and the CEO outlines plans for bringing the company to profitability
Changed model for market guidance from Revenue and EBIT, to focus on Free Cashflow. - "Since my start in mid-March this year, I have worked with our organization on how to transform GomSpace towards a more stable financial situation.
- Focus on project profitability and best fit - Identify what customer projects are best suited to GomSpace.
- My focus short term is on making the best business decisions for GomSpace to create a more financially viable situation.