Sprinkle AB - Sprinkle - Quarter 1 Results

Sprinkle - Quarter 1 Results

Newsdesk 7/6 10:45

Sprinkle AB presents strong results for Q1 2019

The hard work by the Sprinkle team is paying off as can be seen in our Q1 2019 Financial Report


The Balance Sheet has grown substantially due to acquisitions of several fintech companies, such as Stokenize, Blockhomes, and Bakuhatsu. In addition, the Financial Income also increased substantially due to the sales of two subsidiaries and several Fintech solutions to clients. Management expects to see strong revenue beginning late Q2 primarily from the RaiseReach and Bakuhatsu platforms, where we have several projects and customers in the pipeline.


?The results for Q1 2019 were even better than management?s expectations. As we launch more products and attract more customers, we the expect the results for the rest of 2019 will continue to rise?
. Ian Cassiman ? CEO Sprinkle AB


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