BoMill

POSITIVE START OF 2024 WITH NEW ORDERS

CEO Andreas Jeppsson comments:

"2024 has started very well for BoMill InSight™ with our agreement with Lantmännen and the repeat order from Baltijos Javai to increase capacity. I'm confident we are on the right track for success."

Net sales and income for the first quarter (January - March 2024)       

• Net sales amounted to KSEK 3 054 (KSEK 55).
• Net income after financial items amounted to KSEK -4 164 (KSEK -5 681).
• Net income per net weighted average share amounted to SEK -0,04 (SEK -0,12).
• Cash flow during the first quarter amounted to KSEK -8 219 (KSEK -7 512).
• As of March 31, 2024, cash and cash equivalents in the Company amounted to KSEK 4 302 (KSEK 7 132).

Highlights during the first quarter

• On January 24, 2024, BoMill announced an agreement worth EUR 185 000, signed with the Swedish agricultural group Lantmännen
• On March 1, 2024, BoMill announced an order worth EUR 260,000 from Baltijos Javai for a capacity upgrade of BoMill InSight™
• On March 12, 2024, Board of Directors proposed a secured new share issue of maximum MSEK 16,8

BoMill Q1 report can be found on BoMill's website (www.bomill.com/investors/reports)