Polygiene

The quarter in brief (April - June 2023)

• Net revenue amounted to MSEK 25.4 (47.5). The quarter had a positive currency effect of 4 % compared to the previous year

• Gross margin was 74.2 (66.7) %

• Operating profit before depreciation and amortization (EBITDA) was MSEK -1.8 (9.6)

• Operating profit after depreciation and before tax (EBIT) was MSEK -5.3 (11.5)

• Cash flow amounted to MSEK -2.8 (-0.4) (-0.5 including currency effect). Cash and cash equivalents amounted to MSEK 47.1 (53.6)

Significant events during the quarter in brief(April - June 2023)

• New board member, Bengt Engström

• Warrant program

• New sales agents in Bangladesh and Spain

• Signs new agreement

The report is enclosed in this press release and is available to download on ir.polygiene.com/news

You can register to a video conference presenting the report today at 10.00 CET here: LINK

This information is information that Polygiene Group AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08.00 CET on July 27, 2023

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