(Boursier.com) — At Kerlinkrevenue for the year amounted to EUR 18.9 million, down 5% compared to 2021. Service revenue grew by more than 20% and partially offset a decline in equipment revenue .
In 2022, the collapse of the cryptocurrency market will have weakened certain customers whose business model was essentially based on the stability of the price of Helium’s HNT cryptocurrency.
During the 4th quarter, the group was thus led to cancel certain orders for equipment placed by customers who no longer offered the necessary guarantees in terms of solvency. Revenue for the 4th quarter is down compared to the same period in 2021.
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