The Interim report for Q2 2024 for Induct AS has been approved by the Board of
Directors.

o	Total revenues of NOK 5,1 million in Q2 2024 compared to NOK 6,2 million in Q2
2023. 
o	Platform revenues of NOK 4,2 million in Q2 2024 compared to NOK 5,2 million in
Q2 2023.
o	Gross margin on platform revenues at 95,1%.
o	EBITDA up by 117,6% from NOK 1,7 million in Q2 2023 to NOK 3,7 million in Q2
2024. 

For further information, please contact: Synnøve Jacobsen, Chief Executive
Officer +47 99 41 54 47 sj@induct.net 

About Induct 
Induct AS was established in 2007 and was a first mover in the development of
software as a service (SaaS) for managing innovation efforts in, and between,
organizations. Our software has enabled more than 350 organizations worldwide to
release the potential that lies in identifying new and good ideas through
innovation engagement and realizing the benefits of turning good ideas into new
ways of thinking, acting, organizing, and working. In 2020, Induct took a new
step on its journey as a knowledge empowerment provider. We launched a new
digital platform - induct.net - where work and collaboration are taken to a new
level for organizations and individuals alike. By removing unnecessary and
unhelpful barriers to collaboration, the platform is a unique facilitator of
knowledge development and management, sharing and empowerment within
organizations, in collaborative networks, and in ecosystems. Induct has
offerings in three main segments: 1) Patient data and patient management, 2)
Grants and grant management and 3) Innovation and innovation management. Want to
learn more? Visit us at induct.net