CRAYON GROUP HOLDING ASA Oslo ,26 October 2021 at07:00 CET :Crayon Group Holding ASA ("Crayon" or the "Company", OSE ticker code "CRAYON") today reported a gross profit ofNOK 641.8m in its third-quarter earnings, representing 29% gross profit growth from Q3 2020. The strong results were driven by growth across all business areas and strategic markets, including a record-breaking quarter in Crayon's channel business. "This quarter highlights the scalability of our business strategy which has remained unchanged in its customer-centric approach in the past two decades," said Crayon CEOMelissa Mulholland . "It is also extremely encouraging to note that we continue to deliver profitability improvements despite investing significantly across our markets in resources to drive future growth. As a consequence of the strong growth momentum and the anticipated completion of the rhipe acquisition onNovember 3rd , we are also increasing both our 2021 and our mid-term guidance." Key financial figures for Q3 2021: - Revenue ofNOK 5,147m , 40% growth fromNOK 3,668m in Q3 2020 - Gross profit ofNOK 641.8m ,29% growth fromNOK 496.3m in Q3 2020 - Adjusted EBITDA ofNOK 81.4m , up fromNOK 64.0m in Q3 2020 The interim financial report and presentation for Q3 2021 are enclosed. The report, presentation, and webcast of the presentation will be made available at https://www.crayon.com/investor-relations/ For further queries, please contact:Melissa Mulholland Chief Executive OfficerCrayon Group Holding ASA Tel.: +47 412 91 163 Email: melissa.mulholland@crayon.com Jon Birger Syvertsen Chief Financial OfficerCrayon Group Holding ASA Tel.: +47 97 19 92 51 Email: Jon.Birger.Syvertsen@crayon.com This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. The stock exchange announcement was published byJon Birger Syvertsen , Chief Financial Officer,Crayon Group Holding ASA , at the date and time as set out above.
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