Clavister

• Positive and greatly improved EBITDA.
• Positive cash flow from underlying business.
• Reported OPEX decreased with 20%.

“We continue to drive growth and for the second consecutive quarter, we reported positive EBITDA. The period saw a positive and significantly improved cash flow from operations. The firewall and IAM businesses developed strongly, and commercial deliveries have started in the defense sector.”

John Vestberg, President and CEO

The fourth quarter

• Order Intake amounted to 43.3 (44.3) MSEK.
• Net Sales amounted to 39.6 (36.0) MSEK. FX adjusted Net Sales amounted to 37.9 (35.9).
• Recurring revenue grew with 0 (43.3) %.
• Gross Profit amounted to 34.2 (31.5) MSEK, corresponding to a gross margin of 78.9 (85.1) %.
• EBITDA amounted to 0.4 (-11.6) MSEK.
• EBIT amounted to -10.1 (-20.7) MSEK.
• Net Profit amounted to -32.4 (-29.3) MSEK and earnings per share to -0.57 (-0.53) SEK.
• Cash and cash equivalents amounted to 42.4 (49.9) MSEK.

No material post-closing events have occurred.

The full quarterly report can be found at the Company’s web page: https://www.clavister.com/company/investor-relations/financial-reports/2022-2/

At 09:00 CET, February 16, Clavister’s CEO John Vestberg and CFO, David Nordström will be presenting the quarterly results in a live web session. Following the presentation, the audience will be given the opportunity to ask John and David questions in a Q&A session. Register at https://www.clavister.com/company/investor-relations/financial-reports/2022-2/