• Net Sales adjusted for currency effects grew by 23 %.
• Significant order from a European Public Administration Agency and increased inflow of business opportunities with larger public authorities and private companies.
• Memorandum of understanding with Thales regarding cybersecurity to the defence sector.

“We continue on our transformation journey, closing another quarter with growth and improved results. We have established a positive EBITDA level for some time now and are steadily moving towards a positive operating profit (EBIT)”, John Vestberg, President and CEO.

The second quarter

• Order Intake amounted to 50.3 (44.5) MSEK.
• Annual recurring revenue (ARR) amounted to 125.0 (112.6) MSEK.
• Net Sales amounted to 44.8 (38.4) MSEK. FX adjusted Net Sales amounted to 45.1 (36.8).
• Gross Profit amounted to 36.6 (33.1) MSEK, corresponding to a gross margin of 79.2 (83.8) %.
• EBITDA amounted to 5.2 (3.4) MSEK.
• EBIT amounted to -6.6 (-8.5) MSEK.
• Net Profit amounted to -10.1 (-28.6) MSEK and earnings per share to -0.04 (-0.51) SEK.
• Cash and cash equivalents amounted to 129.9 (26.6) MSEK.

Events after the Reporting Period

• There have been no significant events after the reporting period.

The full quarterly report can be found at the Company’s web page: https://www.clavister.com/company/investor-relations/financial-reports/2024-1/

At 09:00 CET, August 22, Clavister’s CEO John Vestberg and CFO, David Nordström will be presenting the quarterly results in a live web session. Following the presentation, the audience will be given the opportunity to ask John and David questions in a Q&A session. Register at https://www.clavister.com/company/investor-relations/financial-reports/2024-1/