ListingsFirst North Sweden
Market cap at time of publication14,3 MSEK
Stock price at time of publication0,94 SEK
BusinessAgtech farming robotics


ESGFIRE comment:

ESGFIRE portfolio company Ekobot on 24/11 2023 announced their financial report for January – September 2023. Financially there is not much to comment other than that Cash and cash equivalents at the end of the period totaled SEK 5,614 thousand (2,370). The company is still at a point where sales are not high enough to cover monthly cash burn there is therefore a risk of an upcoming financing considering the cash balance at hand.

Fundamentally we have previously covered all major news and events however its worth noting that the company’s CEO Jonas Eklind states the following in the report:

“I’m pleased to have this opportunity to share the latest successes and events in Ekobot AB during the third quarter, 2023. During this period, we intensified our work with implementing the updated strategy presented in August. Our focus is directed toward accelerating growth through extended collaboration with our distributors and securing the upcoming funding for the commercial ramp-up.”

It remains to be seen if this funding will be a private placement or some other type of financial solution.

The full report can be found HERE:


ESGFIRE is an investment company and research firm that focuses on ESG companies with either an environmentally friendly service or product. ESGFIRE has a performance record of over 1000 % returns since 2018.



Contact details
Group CEO: Filip Erhardt

Legal Disclaimer

This post is based upon reliable sources, namely regulated press releases from the company, as referred to above. Nevertheless, this post may contain interpretations, estimates, or opinions of the authors, or other non-factual information. If that is the case, this is continuously stated above. Furthermore, any projections, forecasts, or similar are explicitly stated as such.

The author holds shares and/or other securities of these companies and the relevant
companies may or may not have paid the author for content posted on this website. This
may impact the content on the website. Because of the above, ESG Fire urges the visitors to always analyze all the posts critically in an objective manner, e.g., concerning the reliability of the relevant source and of what constitutes the authors’ personal interpretations. The visitor is hereby reminded that the post does, as set forth in the Post, contain interpretations, estimates, or opinions of the authors. This post was written by Filip Erhardt, at ESGFIRE, published on November 9th , 2023.

Investing in stocks is combined with certain risks and it is possible to lose your entire investment. Our posts are made for educational purposes only and are not to be interpreted as tips, financial advice or recommendations of any kind to either buy or sell any stocks.