Third quarter of 2023
Compared to third quarter 2022

• Group revenue decreased to 28,277 kSEK (52,186)
• EBITDA amounted to -6,489 kSEK (-7,336)
• Adjusted EBITDA amounted to -4,489 (-7,336)
• EBIT amounted to -10,721 kSEK (-12,703)
• The result for the period amounted to -7,867 kSEK (-13,290)
• Earnings per share before dilution amounted to SEK -0.001 (-0.002)
• Earnings per share after dilution amounted to SEK -0.001 (-0.001)

First nine months of 2023
Compared to first nine months of 2022

• Group revenue decreased to 97,875 kSEK (242,806)
• EBITDA amounted to -16,578 kSEK (-30,065)
• Adjusted EBITDA amounted to -16,578 kSEK (-19,166)
• EBIT amounted to -29,603 kSEK (-77,279)
• The result for the period amounted to -38,259 kSEK (-79,741)
• Earnings per share before dilution amounted to SEK -0.004 (-0.009) and after dilution to -0.009 (-0.009)

Michael Jackson, Chair of Arcario comments:

We anticipate shortly being able to release details of the steps we will take to regain a solid capital base.

Torbjørn Bull Jenssen, CEO of Arcario and K33 comments:

I’m really excited as I believe we are in a great position to finally accelerate our growth and benefit from the positive shift in market sentiment.

Main events during Q3 2023

• On September 27, Arcario notified the market that it had less than three months of working capital.
• On August 22, Q2 interim results for the Arcario group were released.
• On August 21, it was announced that Arcario intends to renew its application for a US listing on the OTCQB.
• On July 28, it was announced that Arcario’s K33 signed an investment agreement with Liquid Mercury.
• On July 5, it was announced that Arcario’s Finpeers reached a significant milestone following regulatory approval of its first token.
• On July 5, it was announced that Arcario’s LN Markets sustained its strong performance in Q2 2023.
• On July 4, it was announced that Arcario completed the acquisition of Shares in Finpeers.
• On July 3, it was announced that Arcario’s K33 subsidiary explores a strategic investment from Chicago-based Liquid Mercury.

After the end of the period

• On October 11, it was announced that Arcario’s K33 Markets were officially launched and ready to onboard new clients.

For further details or queries, please contact Arcario AB's IR team at ir@arcario.com or visit arcario.com/ir.

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About Arcario
Arcario is a Scandinavian trailblazer in the digital asset space, committed to shaping the future of finance as we know it. The company boasts a diversified portfolio that includes K33, a research-led digital assets brokerage, Green Data, an eco-friendly Bitcoin mining operation, and minority stakes in LN Markets, a Bitcoin exchange leveraging the Lightning Network, Pure Digital, a digital currency interbank OTC market and Finpeers, a startup democratizing access to private financial markets through tokenization. The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser.