JonDeTech Sensors

Third quarter of 2023 (compared with the third quarter of 2022)

• Net turnover amounted to 360 thousand SEK (0)
• EBIT amounted to -6 578 thousand SEK (-4 670)
• EBT amounted to -7 118 thousand SEK (-7 157)
• Earnings per share before dilution amounted to -0,05 SEK (-0,23)
• Total cash flow for the period amounted to 2 169 thousand SEK (-2 994)
• Equity ratio amounted to 57% (46%)

Dean Tosic, CEO, comments:

"The third quarter was characterized by intensive work to complete Engineering Samples for JIRS30, which we succeeded shortly after the end of the period. This is a significant step in the company's history that we now have obtained.

During the summer, the company has laid out a new long-term financial plan. The target is to secure the company's working capital for at least 12 months, allowing the company to focus on the long-term goal of becoming a profitable growth company. In connection with the new financial plan, the previous financing solution with Nordic Growth Opportunity 1 is terminated".

For more information, please contact:

Dean Tosic, CEO JonDeTech, phone: +46 73 994 85 70, mail: dean.tosic@jondetech.com

This information is information that JonDeTech Sensors AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-10-18 08:00 CET.

About JonDeTech

JonDeTech is a supplier of sensor technology. The company markets a portfolio of IR sensor elements based on proprietary nanotechnology and silicon MEMS. The nanoelements are extremely thin, built-in flexible plastic, and can be manufactured in high volumes at a low cost, which opens up for a variety of applications, such as temperature and heat flow measurements, presence detection, and gas detection. The company is listed on Nasdaq First North Growth Market. Redeye is the company's Certified Adviser. Read more at www.jondetech.se or see how the IR sensor works at www.youtube.com/watch?v=2vEc3dRsDq8.