Effnetplattformen (EFFH) investor relations material

Executive summary

• 9M revenue reached KSEK 16,417, the highest in over 15 years, more than tripling YoY; operating profit was KSEK 693 and net loss narrowed to KSEK 66.

• Q3 revenue rose 51% YoY to KSEK 3,790, while operating loss was KSEK 1,799 and net loss KSEK 2,008, including a securities impairment.

Financial highlights

• 9M revenue was KSEK 16,417 vs. KSEK 4,481 YoY; operating result KSEK 693 vs. loss of KSEK 6,080; net result loss KSEK 66 vs. loss of KSEK 2,673.

• Q3 revenue was KSEK 3,790 vs. KSEK 2,514 YoY; operating result was loss of KSEK 1,799 vs. loss of KSEK 242, and net result was loss of KSEK 2,008 vs. profit of KSEK 464.

• 9M operating cash flow was negative KSEK 748 vs. negative KSEK 6,400; Q3 operating cash flow was positive KSEK 337 vs. negative KSEK 2,995.

Outlook and guidance

• Management cited continued potential over the medium and long term, supported by the Header Compression and 5G protocol-stack portfolio and future recurring contract-portfolio revenue.

• Work is progressing toward the next milestone in the 5G NTN project; UE-stack integration with NXP’s L1 solution for FR2 has begun.

• Header Compression discussions with prospective customers remain subject to long sales cycles and customer decisions; management sees market interest continuing.