INCOAX Aktie

 

InCoax Networks AB (publ) and its MoCA Access™ 2.5 technology is part of a comprehensive network design selected by the City of Elberton, Georgia, to modernize and future-proof its broadband network. The upgrade marks a shift from legacy cable infrastructure to an all-fiber, high-capacity 25G PON-ready fiber network that uses MoCA Access to ensure high-speed access is available in MDU buildings that can't be fiberized. InCoax's solution is designed to cost-effectively extend gigabit broadband to tenants in multi-dwelling units (MDUs), particularly in locations where deploying fiber directly...

The English text is an unofficial translation. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail. Today, on 13 June 2025, the annual general meeting in InCoax Networks AB was held. Below is a summary of the resolutions adopted. All resolutions were passed with the required majority. Resolution on adoption of the accounts and appropriation of result The annual general meeting resolved to adopt the income statement and balance sheet. The meeting also resolved to appropriate the company's result in accordance with the proposal...

InCoax took important steps in 2024 through increased sales, new strategic partnerships, and extensive preparations for a global launch together with Nokia. This development reflects a strengthened market position and the ability to address larger operators with growing broadband demands. Financial performance · Net sales amounted to SEK 74,794,775 (previous year: 59,619,447), corresponding to a 25 percent increase compared to the same period last year. · The operating result for the year was SEK –19,378,406 (previous year: –16,729,885). The change is mainly due to increased...

The shareholders of InCoax Network AB (publ), Reg. No. 556794-1363, are hereby invited to attend the annual shareholders' meeting on 13 June 2025 at 09.00 in the company's premises at Ideon Science Park, Mobilvägen 10, Lund. The English text is an unofficial translation. In case of any discrepancies between the Swedish text and the English translation, the Swedish text shall prevail.   Right to participate and notification  Shareholders wishing to participate in the annual shareholders' meeting must:  · be listed in the company's share register kept by Euroclear Sweden AB as of 4...

Global launch via Nokia, strong order intake from Google Fiber, and new order from the Tier-1 operator. Financial performance January – March 2025 · Net sales amounted to 25,625 kSEK (30,793). · Operating profit (EBITA) amounted to –2,459 kSEK (4,580). · Profit after tax amounted to –2,503 kSEK (–4,327), and earnings per share amounted to –0.02 SEK (0.04). · Cash flow for the quarter, including financing activities, amounted to 30,728 kSEK (33,417). Significant events during the quarter January · InCoax secures additional orders worth 1.36 MUSD (appr. 15 MSEK)...

InCoax has received additional orders from the US-based Tier-1 carrier for InCoax's gigabit home network product line based on the MoCA Home[TM] networking standard. The order amounts to 324,000 USD (appr. 3.2 MSEK) and will be delivered and invoiced during the second quarter of 2025. The US-based Tier-1 operator continues its roll-out of InCoax's Home system. The operator has continuously installed the equipment and is now in need of an increased number of units. The solution addresses a use case for private single-family homes where the operator has a need to continuously replace an older...

Today, on 19 March 2025, an extraordinary general meeting was held in InCoax Networks AB. A summary of the adopted resolutions follows below. Resolution on approval of the board of directors' resolution on a directed issue of shares The meeting resolves to approve the board of directors' resolution of 27 February 2025 to increase the company's share capital by a maximum of SEK 1,074,585.50 through a new issue of not more than 4,298,342 shares directed to Saugatuck Invest AB, controlled by Chairman of the Board Peter Agardh, and to the board member Tobias Lennér. The subscription price is...

The fourth quarter, as well as the full year of 2024, was characterized by intensive efforts to integrate our products into Nokia's Gigabit Connect™ offering for the global operator market. Our sales increased by 25% in 2024, and at the beginning of 2025, we received the first orders from Nokia, a leading global provider of fiber networks. Financial performance October – December 2024 · Net sales amounted to 7,418 kSEK (22,651). · Operating result amounted to -7,745 kSEK (-5,485). · Result after tax amounted to -7,646 kSEK (-5,375), and earnings per share amounted to -0.07 SEK (...

LUND, Sweden, March 13, 2025 /PRNewswire/ -- Helge Tiainen, Business Development Director at InCoax Networks, has been recognized with a Broadband Forum Award for his outstanding contributions to advancing broadband network intelligence and user-centric solutions. The award was presented......

LUND, Sweden, Feb. 27, 2025 /PRNewswire/ -- The leading global fiber network supplier earlier reported on has placed its first commercial order of 1 MUSD for InCoax Networks' MoCA Access™ solution, which enables multi-gigabit broadband over existing coaxial infrastructure in MDU's. This......

InCoax Networks AB (publ) ("InCoax" or "the Company") announces preliminary financial information for the fourth quarter, which ended on December 31, 2024, and for the fiscal year 2024. The preliminary figures have not been audited or reviewed by the Company's auditor. Preliminary financial information October - December 2024 · Net sales amounted to SEK 7,417,595 (22,650,678). · Gross profit amounted to SEK 5,186,557 (9,190,959). · Operating result amounted to SEK -7,744,628 (-5,484,604). · The quarter's cash flow, including financing activities, amounted to SEK -31,359,888 (...

Strategic collaboration enhances broadband access for underserved MDUs, empowering service providers with cost-effective, high-performance solutions across North America. WEST PALM BEACH, FLORIDA /......

InCoax has received new orders with a combined value of 1.36 MUSD (appr. 15 MSEK) for system products as well as software maintenance, operation- and platform support for installed InCoax systems from the US-based FiberLAN operator. The orders for system products will be delivered and invoiced during Q1 and Q2 2025. Revenues from software maintenance, operation- and platform support will be recognized over three years, starting in Q2 2025. The total order value for deliveries to the operator in 2025 now amounts to 2.3 million USD, which currently corresponds to 25.5 million SEK. The operator...

InCoax has received new orders valued at 960 kUSD (10.5 MSEK) from the US-based FiberLAN operator. The orders cover system components for MultiGigabit broadband access in multi-family homes (MDUs) and will be delivered and invoiced in January 2025. This collaboration underscores the operator's confidence in InCoax's ability to deliver scalable, future-proof broadband access solutions. The new orders will support the operator's expansion strategy in early 2025, ensuring the availability of critical components to meet customer needs and maintain their competitive edge in the market. InCoax'...

The collaboration with Nokia is entering a new phase with increasing market activities among operators in the U.S., Europe, and Asia. The highly promising FWA market opens opportunities for volume sales to new customer segments with the existing product portfolio. Financial performance July – September 2024 · Net sales amounted to SEK 16,854,888 (14,718,962). · Operating profit amounted to SEK -9,031,727 (-1,846,136). · Earnings after tax amounted to SEK -8,835,756 (–1,871,146), and earnings per share amounted to SEK -0.08 (–0.03). · The period's cash flow incl. financing...

The InCoax Networks AB Nomination Committee should consist of four members with one representative from each of the three largest shareholders as of September 30[th] that wish to nominate a member, and the Chairman of the Board. The Nomination Committee has now been appointed and consists of; Stefan Engström representing Saugatruck Invest AB, Anders Nilsson representing Norrlandspojkarna AB, Lars Berggren representing BLL Invest AB and Peter Agardh in his capacity as Chairman of the Board. The Nomination Committee shall prepare proposals in the following matters to be submitted to the...

InCoax Networks announces a successful collaboration with Tarana Wireless and DigitalC, leading to the rapid deployment of high-speed broadband in Cleveland, Ohio. This project showcases the potential of InCoax's MoCA Access technology to meet the growing demand for reliable, high-speed internet — without the cost or complexity of full fiber installations. Led by DigitalC, a non-profit technology social enterprise dedicated to closing the digital divide, the project sought to deliver affordable, high-speed internet to Cleveland, one of the least connected cities in the U.S. To accomplish...

InCoax has received a new order valued at 0.45 MUSD (5 MSEK) for system products from the US-based FiberLAN operator, with delivery scheduled for December 2024. The operator is supplementing its previous 2024 orders as part of its ongoing expansion using InCoax's solution. This has led to an additional order for 2.5 Gbps modems, which will be installed in new facilities and complement already operational sites. Learn more about InCoax and its MultiGigabit solutions here. (https://www.incoax.com/) This information is such information as InCoax Networks AB (publ.) is obliged to make...

InCoax Networks, a leading provider of broadband solutions, is expanding its operations in Finland to support the country's goals of increasing broadband speeds. The target is for everyone to have access to at least 100 Mbps by 2025 and symmetrical 1 Gbps speeds by 2030. Over the past six months, four operators have conducted pilot installations of InCoax's system solution with successful results. Currently, around 2,000 apartments are connected, and InCoax has indications that it could reach 20,000 connected apartments by 2025. Finland's broadband initiative is part of the European digital...

InCoax's growth journey continues as planned. The agreement with Nokia represents significant potential for continued sales growth. Financial performance April – June 2024 · Net sales amounted to SEK 19,432,167 (9,318,146). Sales was driven by sales to a US-based FiberLAN operator. · Operating profit amounted to SEK -6,946,984 (-6,316,638). · Earnings after tax amounted to SEK -6,946,892 (–6,472,333), and earnings per share amounted to SEK -0.06 (–0.09). · The period's cash flow incl. financing activities was SEK -11,979,975 (-11,331,218). January – June 2024 · Net...