In light of the currently very strong capital markets and solid investor interest in companies admitted to trading on Nasdaq First North Growth Market, Seluxit’s Management and Board of Directors have decided to examine the possibilities of strengthening the company’s capital base by providing additional equity or debt financing.
Seluxit has entered into a partnership with Logarex to deliver Smart Energy solutions. It consists of the Logarex Smart Meters and the Seluxit Dashboard and wireless communication technology.
Seluxit presents a half-year report in which EBITDA is maintained despite a significant reduction in revenue. Revenue from licenses and subscriptions has doubled compared to the same period last year, while revenue from sales of radio modules for Smart Meters has been postponed, due to COVID-19 delayed roll-out of Smart Meters in Germany.
Seluxit CEO, Daniel Lux, will hold a live presentation in conjunction with publishing Seluxit’s half-year report on Thursday the 4th of February from 16:00 – 16:30 followed by 15 minutes of Q&A.
SLX Wappsto:bit is an extension board for BBC micro:bit, a popular pocket-sized computer that has been designed specifically for educational purposes.