Interim report 1 January–30 June 2023

SECOND QUARTER 2023

• Net sales increased by 72 percent to MSEK 371 (216). In unchanged currency levels, net sales increased by 68 percent.
• Operating profit before amortization of intangible assets (EBITA) increased by 7 percent to MSEK 11.4 (10.7) including MSEK -10.0 (-3.2) attributable to unrealized exchange rate gains and losses.
• Cash flow from operating activities amounted to MSEK 7.9 (-13).
• Earnings per share amounted to SEK -0.10 (0.40).
• During the period, solidity increased to 43 percent from 39 percent.

FIRST HALF OF 2023

• Net sales increased by 80 percent to MSEK 760 (421). In unchanged currency levels, net sales increased by 69 percent.
• Operating profit before amortization of intangible assets (EBITA) increased by 49 percent to MSEK 40 (27) including MSEK -13.3 (-3.7) attributable to unrealized exchange rate gains and losses.
• Cash flow from operating activities amounted to MSEK 28 (-6.8).
• Earnings per share amounted to SEK 0.44 (0.95).
• During the period, solidity increased to 43 percent from 37 percent.

SIGNIFICANT EVENTS DURING THE QUARTER

• 21 employees, including the CEO, have subscribed for their full allotment of warrants under the incentive scheme resolved upon by the annual general meeting in April.

SIGNIFICANT EVENTS AFTER THE PERIOD

• Alcadon has won a 4-year agreement with Banedanmark for the delivery of fibre optic components starting on 1 September 2023. Estimated value is approximately 40-45 MDKK over the next 4 years. The agreement can then be extended for another 2+2 years.
• Alcadon has received a 3,7M GBP order for a new build data centre in UK. Most deliveries are expected to be shipped during Q4 2023 with the remaining balance to be shipped and invoiced in Q1 2024.

Stockholm, 11 August 2023