MyFC Holding (publ) Financial Report January

STOCKHOLM, Oct. 26, 2018 /PRNewswire/ -- The quarter July – September 2018

Net sales: KSEK 202 (6)
Operating loss: MSEK -15.4 (-10.7)
Earnings per share: SEK -0,22 kr (-0,33)

Significant events July – April 2018

MyFC runs an electric car on water at Almedalen political week
myFC makes key recruitment within mobile integration
myFC ships JAQ Hybrid to Lightec Japan

Significant events after the end of the period

myFC makes adjustments in the Group Leadership Team
myFC showcases prototype smartphone charged by integrated fuel cell
myFC launches JAQ Hybrid in Japan together with Lightec Inc
myFC develops technology that secures the company's recurring revenues from fuel, and protects users and manufacturers from counterfeit fuel cards
myFC reinforces Group leadership with Tord Karlin as Research & Development Director

Comment from CEO Björn Westerholm:

"All our focus areas have developed well during the third quarter. From a sales perspective, I am pleased to have delivered JAQ Hybrid to Japan. Both because Lightec is our first customer outside China, and because Japan is arguably the world's most advanced mobile market. During the coming quarter, we will continue our implementation of the strategy, our talks with potential partners and customers, and our continued technical and commercial development with sustained intensity."

For more information, please contact:
myFC Press Office
Mail: press@myfc.se
Phone: +46-(0)-738-09-33-83

This information is information that myFC is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 26 of October 2018.

For further information, please contact:
myFC Press Office
Email: press@myfc.se
Phone: +46-(0)-738-09-33-83

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