ACROUD

The write-down and consequent impairment charge reflect an updated assessment by management of the assets’ expected future earnings. Management regularly assesses expected future earnings in accordance with IAS 36. The write-down will have no impact on cash flow.

Responsible parties

This information constitutes inside information that Acroud AB (publ) is required to disclose under the EU Market Abuse Regulation 596/2014. The information in this press release has been published through the agency of the contact persons below, at the time specified by Acroud AB’s (publ) news distributor Cision for publication of this press release. The persons below may also be contacted for further information.

For further information, please contact:

Robert Andersson, President and CEO
+356 9999 8017

Tricia Vella, CFO
+356 7905 7755

ACROUD AB (publ)

Telephone:   +356 2132 3750/1
E-mail:           info@acroud.com
Website:       www.acroud.com

Certified Adviser: FNCA Sweden AB, info@fnca.se, +46 8 528 00 399

About ACROUD AB

ACROUD is a fast-growing global challenger that operates and develops comparison and news sites within Poker, Sports Betting and Casino. Acroud also offers SaaS  solutions for the iGaming affiliate industry. In past years, a number of companies have joined the ride and thus several experienced individuals in the industry leads Acroud's journey to become "The Mediahouse of The Future". Our mission is to connect people, Content Creators (Youtubers, Streamers, Affiliates) and businesses. We are growing fast and remain a leading global player in the industry with just over 70 people in Malta, United Kingdom, Denmark and Sweden. Acroud has been listed on the Nasdaq First North Growth Market since June 2018.