Annual General Meeting

CEO presentation

Crister Fritzson, CEO

May 7th, 2021

Agenda

2020 & Q1 2021 In brief

Market transformation

Growth strategy

Financial targets

2

Covid-19

  • The Covid-19 situation had a negative impact on the 2020 results
  • Large events like Olympics and Euro-2020 pushed to 2021, and deals postponed rather than cancelled
  • Strategy to prioritize strategic R&D projects
  • Active cost management, incl. staff furlough and non-staff cost reductions
    • R&D teams resumed full operations at the end of Q2
    • All staff furlough ended by end of Q1 2021
  • Customers have started to adapt to the new conditions, increased interest in cloud solutions and growing demand for remote production solutions

3

2020 - Q1 2021

IN BRIEF

Divestment of Sye

Live OTT platform to

Amazon Prime

350 MSEK

New company strategy,

leadership team and

organization

Acquisition of Aperi - a virtualized IP Media platform

Increased commercial activity and maintained high rate of product development

Divestment of ScheduALL to focus on core business

Q1 summary

  • Continued growth in the first quarter
    • Net sales of 77.9 (76.0) MSEK, YoY growth of 2.6%. In comparable currencies increase by 11.6%
    • Positive Operating earnings of 3.1 (4.8) MSEK
    • Positive Cashflow of 14.1 (245.4) MSEK
  • Divestment of ScheduALL
    • Important step towards focused operations with the aim of achieving profitable growth
  • Sharper focus & accelerated R&D investments
    • Are yielding results and have won important deals in the quarter
  • Ended all short-term staff furloughs
  • Although market activity is increasing, the attitude remains hesitant

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Net Insight AB published this content on 10 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2021 07:35:25 UTC.