Bawat - Presentation of Q1 2023 results

By HC Andersen Capital

This week, Bawat released its Q1 2023 results, which showed an order intake of SEK 9.3m. The company repeated its full-year 2023 guidance of an order intake in the range of SEK 40-60m.

Bawat comments that the company currently has one large ship order under negotiations and also one very large mobile order in negotiations. The timing and positive or negative impact of these will have a large effect on the company's guidance. 

We interviewed CEO Marcus Peter Hummer to discuss the results and activity in the first quarter of 2023, and we also looked into future opportunities in the Mobile Solutions segment and in the Ballast water-as-a-Service (BaaS) segment.

HC Andersen Capital receives payment from Bawat for a Digital IR/Corporate Visibility subscription agreement. /Michael Friis 08:32, 25 May 2023.