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    FLEXQ   SE0010547075

FLEXQUBE AB (PUBL)

(FLEXQ)
  Report
Delayed Nasdaq Stockholm  -  05/04 11:24:45 am EDT
60.80 SEK   +1.00%
04/21FlexQube among the winners in Robotics Innovation Award 2022
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04/19Sweden's FlexQube Bags New Order In North America
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04/19FlexQube receives order worth $390 000
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FlexQube among the winners in Robotics Innovation Award 2022

04/21/2022 | 01:31am EDT

FlexQube has, as the only Swedish company, been listed as a winner in the Robotics Innovation Award 2022, announced by WTWH Media, for the new eQart® Navigator concept. FlexQube was awarded within the Technology, Products and Services Innovation category where the criteria was: "New commercial solutions that have the potential to positively impact markets or the whole robotics sector."

Among other winners this year were companies like Nvidia, John Deere, GreyOrange and Berkshire Grey.

Mike Oitzman, editor for the Robot Report comments on the eQart® Navigator: "This solution is novel because the eQart® Navigator powers the motors onboard each eQart® while driving the eQart® between pickup and drop-off locations. This improves the efficiency of the entire material handling process."

CEO Anders Fogelberg comments: "Our transformation to become a recognized robotics company is currently ongoing and within the last year we have taken major steps towards that goal, including the Amazon project and the recent eQart® Line orders. To be awarded in the RBR50 Robotics Innovation Award together with the very prominent names that are in there, definitively strengthens our brand when it comes to robotics and automation."

About WTWH Media LLC

WTWH Media LLC is an integrated media company serving engineering, business, and investment professionals through more than 50 Web sites, five print publications, and many other technical and business events. The "WTWH Network" includes The Robot Report, Collaborative Robotics Trends, Mobile Robot Guide and Robotics Business Review, online technical, business, and investment news and information portals focused on robotics and intelligent systems. WTWH Media also produces leading in-person robotics conferences, including the Robotics Summit & ExpoRoboBusiness Conference & Expo, and the Healthcare Robotics Engineering Forum.
Link to complete list with winners: https://www.roboticsbusinessreview.com/wp-content/uploads/2022/04/rbr50-2022-final.pdf

About FlexQube

FlexQube is a technology company headquartered in Gothenburg, Sweden with subsidiaries in USA, Mexico, Germany and England. FlexQube offers solutions for cart-based material handling using a patented modular concept. FlexQube develops and designs customized solutions for both robotic and mechanical cart logistics. Through the own developed and unique automation concept FlexQube can offer robust and self-driving robotic carts. FlexQube has more than 850 customers in 35 countries with primary markets being North America and Europe.

FlexQube's customers can be found within the manufacturing industry, distribution- and warehousing. Some examples of major customers are Tesla, Amazon, Volvo Cars, Siemens, Autoliv, Scania, Oda and Mann+Hummel.

For more information, contact the CEO, Anders Fogelberg

anders.fogelberg@flexqube.com

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, is the Company's Certified Adviser. Read more at www.flexqube.com

https://news.cision.com/flexqube/r/flexqube-among-the-winners-in-robotics-innovation-award-2022,c3549715

https://mb.cision.com/Main/14828/3549715/1566589.pdf

https://news.cision.com/flexqube/i/eqart-navigator---flexqube,c3039905

(c) 2022 Cision. All rights reserved., source Press Releases - English

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04/21FlexQube among the winners in Robotics Innovation Award 2022
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More news
Financials
Sales 2022 160 M 16,2 M 16,2 M
Net income 2022 - - -
Net Debt 2022 8,00 M 0,81 M 0,81 M
P/E ratio 2022 -
Yield 2022 -
Capitalization 496 M 50,3 M 50,3 M
EV / Sales 2022 3,15x
EV / Sales 2023 2,40x
Nbr of Employees 44
Free-Float 22,5%
Chart FLEXQUBE AB (PUBL)
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 0
Last Close Price 60,20 SEK
Average target price 79,00 SEK
Spread / Average Target 31,2%
Managers and Directors
Anders Fogelberg Chief Executive Officer
Heidi Bader Chief Financial Officer
Ulf Gunnar Ivarsson Chairman
Per Lennart Augustsson Director & Chief Technology Officer
Mikael Lindbäck Chief Information Officer
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