• Net sales grew by 22 %, driven by growth in all areas.
• New defence contract worth 170 MSEK.
• Annual Recurring Revenues (ARR) grew by 14 %.
• Clearly strengthened EBITDA margin.

“We concluded the year on a positive note. Sales grew by 22 %, driven by growth in all areas, resulting in a significantly improved EBITDA. Order intake was record high, primarily due to a new defence contract worth 170 MSEK, and important steps were taken towards a stronger balance sheet.”

John Vestberg, President and CEO

The fourth quarter

• Order Intake amounted to 216.9 (43.3) MSEK.
• Annual recurring revenue (ARR) amounted to 120.3 (105.6) MSEK.
• Net Sales amounted to 48.1 (39.6) MSEK. FX adjusted Net Sales amounted to 47.5 (37.9).
• Gross Profit amounted to 37.6 (34.2) MSEK, corresponding to a gross margin of 77.2 (78.9) %.
• EBITDA amounted to 6.5 (0.4) MSEK.
• EBIT amounted to -7.1 (-10.1) MSEK.
• Net Profit amounted to -6.8 (-32.4) MSEK and earnings per share to -0.12 (-0.57) SEK.
• Cash and cash equivalents amounted to 38.7 (42.4) MSEK.

Events after the Reporting Period

• Fully subscribed rights issue of units amounting to 170 MSEK.
• Updated repayment plan with the European Investment Bank (EIB).

The full quarterly report can be found at the Company’s web page: https://www.clavister.com/company/investor-relations/financial-reports/2023-2/

At 09:00 CET, February 15, 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/2023-2/