Q1 2021 Group revenue of EUR 30.2 million (Q1 2020: EUR 27.7 million)
- YoY increase mainly driven by higher volume-based revenues in German
subsidiary (Transaction Solutions AG) and inclusion of NB Trader
- Subscription-based ARR of EUR 107.9 million at the end of the quarter (Q1
2020: EUR 100.5 million)

Q1 2021 adjusted EBITDA of EUR 5.9 million (Q1 2020: EUR 4.2 million)
- Reported EBITDA of EUR 5.7 million (Q1 2020: EUR 3.7 million)
- Initial stage of cost-synergy plan achieved
- Next stage of cost synergies involves larger bulk items linked to insourcing
projects, successful product migrations and other initiatives with quarterly
timing less certain

Adapted to new working environment, following COVID-19 outbreak
- Continued focus on employee health and complying with local guidance
- Focus on developing and delivering state-of-the-art products and solutions,
regardless of our market- and work-environment 

Closing of the sale of Infront ASA to Inflexion Private Equity Partners LLP is
expected to take place in the second quarter 2021, pending approval from the
German Federal Financial Supervisory Authority (Bafin).

Oslo, 12 May 2021

Infront ASA (INFRNT) today announced its interim results for Q1 2021.

Operating revenue was EUR 30.2 million (EUR 27.7 million).

Adjusted EBITDA was at EUR 5.9 million compared to EUR 4.2 million in Q1 2020.
Reported EBITDA was EUR 5.7 million (EUR 3.7 million).

"The first quarter 2021 has been a productive one for Infront, with improvement
in both revenues and operating
profit on a year-over-year basis. Moreover, Infront has now achieved the initial
phase of cost synergies by
combining better data-sourcing and various operational efficiencies.

As previously highlighted, future integration efforts will be even more
customer-oriented, but also more
demanding to extract due to the number of interdependencies between projects.
Once integration efforts are
completed, we will have an innovative set-up in place, enabling us to provide
state-of-the-art products and
solutions to our customers across Europe", said Kristian Nesbak, CEO and founder
of Infront.

For further information please contact:
Kristian Nesbak, CEO of Infront, +47 940 04 000
Max Hofer, CFO of Infront, +47 971 48 953

The interim report is also available on the investor relations pages at
www.infrontfinance.com/investor-relations

About Infront:

Infront offers a powerful combination of global market data, news, analytics and
trading tools. With the recent acquisition of vwd Group, Infront's product
coverage also includes data and feed solutions, solutions for portfolio
management and advisory, regulatory compliance as well as publication and
distribution solutions. Our more than 3,000 customers and over 90,000
professional users benefit from the highest level of expertise in regulation,
private wealth, market data and the frictionless interaction of the diverse
solutions and products covering their complete workflow. Approximately 500
employees apply their expertise to meet the challenges of our clients, ensuring
they continuously receive the best solutions and services.

Infront is listed on the Oslo Stock Exchange.