MoveByBike (MBBAB) Status Update summary

Strengthened financial position and growth outlook

• Successfully exited reconstruction, secured financing, and achieved an 18.9 MSEK gain, resulting in a nearly debt-free balance sheet.

• Q2 2025 net sales increased by 106% year-over-year, with a 64% reduction in deficit.

• Delays in reconstruction and additional investment needs have led to a downward revision of the 2025 full-year forecast.

Updated 2025 forecast and Q2 performance

• 2025 revenue and EBITDA are now expected to be lower than previously forecasted, with gradual recovery targeted for 2026.

• Q2 2025 net sales reached 8,355 TSEK, below the 8,932 TSEK forecast; operating loss was -4,020 TSEK versus a forecasted -2,588 TSEK.

• Q3 and Q4 2025 net sales are forecasted at 8,361 TSEK and 11,115 TSEK, with operating losses of -3,138 TSEK and -3,485 TSEK, respectively.

Sales and business development initiatives

• Launched a major sales initiative involving three external partners to accelerate growth in Sweden and Denmark.

• New partners will focus on customer acquisition, market segment evaluation, and supporting sales-driven initiatives.

• A digital market day for stakeholders is scheduled for October 13, 2025.