KERLINK press release
Revenue for the 1st half of 2023: €6.6 million; -34%.
Growth in revenue from core IoT business activities (excluding Helium sales).
Sales for the 1st half of 2023 were down 34% at €6.6 million, compared to €10.0 million for the comparable period.
After a 1st quarter down 11% to €3.4 million, the second quarter was down 48% to €3.3 million. This change is mainly due to an unfavorable base effect: the excellent level of activity in the 2nd quarter of 2022 (+65% compared to the 1st quarter of 2022) had in fact enabled the Group to achieve a record first half. The dynamism of the activity was strongly linked to the sales of infrastructure equipment and services intended for the deployment of the Helium network.