• The Group's net sales amounted to SEK 19.1 million (36.5). Excluding divested operations, net sales increased by 1 percent to SEK 19.1 million (18.9).
• Business area Elite Prospect:
• Net sales increased by 23 percent to SEK 10.5 million (8.5).
• Monthly recurring subscription revenue (MRR) increased by 11 percent to SEK 2.4 million (2.1).

• Annual recurring subscription revenue (ARR) calculated as of the end of September increased by 20 percent to SEK 28.8 million (24.0).

• The Everysport business area's net sales amounted to SEK 6.2 million (26.5), of which SEK 17.6 million relates to divested operations in the comparison period.

• The Group's adjusted operating result, EBITDA, was SEK 0.9 million (2.4).
• The Group's operating result, EBITDA, was SEK 0.6 million (43.1).
• The Group's adjusted operating profit after depreciation and amortization, EBIT, was SEK 0.0 million (-2.8).
• The Group's operating result, EBIT, was SEK -0.3 million (18.7).
• The Group's profit after financial items was SEK -0.5 million (17.4).
• Earnings per share were SEK -0.08 (2.81). 

• The Group's net sales amounted to SEK 63.5 million (117.8). Excluding divested operations, net sales increased by 11 percent to SEK 59.2 million (53.2).
• The Elite Prospects business area's net sales increased by 30 percent to SEK 32.8 million (25.2).
• The Everysport business area's net sales amounted to SEK 23.8 million (88.2), of which SEK 4.3 million (64.6) relates to divested operations.
• The Group's adjusted operating profit, EBITDA was SEK -0.3 million (11.2).
• The Group's operating profit, EBITDA was SEK 4.4 million (50.2).
• The Group's adjusted operating profit after depreciation, EBIT was SEK -4.4 million (-10.2).
• The Group's result after financial items was SEK -1.8 million (-0.2).
• Earnings per share were SEK -0.28 (-0.06). 

"Everysport Group reports continued positive development in the third quarter, with significant improvements in financial performance as a result of our restructuring efforts to ensure long-term growth and profitability. Group net sales were in line with last year, with continued strong growth in Elite Prospects. The hockey platform stood out with a 23 percent increase in sales (27 percent in USD) to SEK 10.5 million (SEK 8.5 million) and the highest-ever growth in paying subscribers in a single month in September." Extract from Hannes Andersson's CEO statement 

For more information, please contact:
Hannes Andersson, CEO, Everysport Group AB
Phone: +46 70 736 56 25
E-mail: hannes.andersson@everysport.com
About Everysport Group (publ)
Everysport Group is a leading Swedish company that develops digital platforms and services within sports tech and sports media. The Group's flagship product, Elite Prospects, is a globally leading hockey platform with over 26,000 paying subscribers and 1.5 million unique visitors per week. Everysport Group is headquartered in Stockholm with a local presence in the US. The Group is listed on Spotlight Stock Market with the ticker "EVERY".

For more information, please visit www.everysportgroup.com

Interested in news and financial information from Everysport Group? Subscribe here (https://news.cision.com/se/everysport-group-ab/SubscriptionRegistrationDialog).

This disclosure contains information that Everysport Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 24-10-2024 08:00 CET.