Waterford, Ireland – August 10, 2023, Kollect On Demand Holding AB (publ) (“Kollect” or the “Company”) (Nasdaq: KOLL), is pleased to publish its Interim Report for January - June 2023.

Highlights for the Quarter

• Revenue for Q1 2023 was SEK 18.3 million (an increase of 37% year on year) and revenue for Q2 2023 was SEK 22.7 million (an increase of 35% year on year). For the period January – June 2023, revenue was SEK 41.1 million, an increase of 36% year on year.

• Recurring revenue for Q1 2023 was SEK 11.4 million (an increase of 64% year on year) and recurring revenue for Q2 2023 was SEK 12.0 million (an increase of 48% year on year). For the period January – June 2023, recurring revenue was SEK 23.4 million, an increase of 55% year on year.

• Gross Profit for Q1 2023 was SEK 5.7 million (an increase of 40% year on year) and gross profit for Q2 2023 was SEK 6.1 million (an increase of 24% year on year). For the period January – June 2023, gross profit was SEK 11.7 million, an increase of 32% year on year.

• Gross margin for January – June 2023 was 28.5% compared to 29.4% for the same period in 2022.

• Operating expenses for January – June 2023 were SEK 14.0 million, a reduction of 36% compared to the same period in 2022 where expenses were SEK 21.8 million.

• Adjusted EBITDA for Q1 2023 was negative SEK 1.4 million (an improvement of 78% year on year) and adjusted EBITDA for Q2 2023 was negative SEK 0.8 million (an improvement of 87% year on year). For the period January – June 2023, total adjusted EBITDA was negative -SEK 2.2 million, an improvement of 83% year on year.

Please click on the attached PDF for the full report.

This information is information that Kollect on Demand 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 2023-08-10 08:00 CEST.

Attachments

KOLL Interim Report H1 2023 ENG

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