Oslo, August 26, 2021. Sikri Holding AS delivered strong growth in Q2 2021, with
proforma growth of 18.6% (including all companies, as if they were owned fully
in 2020 and 2021). Highlights for the quarter: 
 
*Revenue of MNOK 208.4, up from MNOK 175.6 in Q2 2020 (proforma) - representing
organic growth of 18.6% 
*EBITDA adjusted of MNOK 47.3 vs MNOK 41.4 in Q2 of 2020 (proforma figures)
*Recurring and recurring-like revenue comprises close to 80% of total revenue 
*Strong operational cash flow of MNOK 44
*Launch of Samsvar, the new module-based platform HSEQ, deliveries started
*With the acquisition of Ambita in May 2021, Sikri has broadened our specter of
customers, competencies, services, technology and data sources 

Commenting on Sikri's growth and future aspirations, CEO Nicolay Moulin says; 

"The acquisitions we have made during 2020, and not the least the latest
acquisition of Ambita Group, have propelled us forward, enabling creation of new
products and services through the combination of cross-functional disciplines.
Despite the short time period since acquiring Ambita, we are experiencing a high
level of enthusiasm from our employees around co-creation. This, to me, confirms
our mission of connecting public sector, private businesses and citizens and
creating security, development, and growth in the flow between them. I am
extremely proud of the ownership our employees are taking in driving this agenda
and focusing on value creation for our customers - a customer base that has
expanded significantly during the past quarter. 

We are pleased with our Q2 results, both in terms of growth, profitability and
development of new products and services. We are achieving our goals for organic
and in-organic growth and are well on our way to reaching our 2025 goal of BNOK
1 in revenue. We will continue to pursue growth opportunities through M&A while
we work towards a successful integration of Ambita into the Sikri Group." 

Sikri will be presenting the Q2 results today at 8:00 am. Please use this link
to attend:
https://players.brightcove.net/4628382152001/experience_61166a35f0608700211f21d9
/share.html- and register attendance to trond.hana@sb1markets.no.

We will have a short Q&A session at the end of the presentation. Please submit
questions in advance to ir@sikri.no, or live during the session itself. 


For further queries, please contact:

Nicolay Moulin
Chief Executive Officer
Tel: +47 90 59 19 83
Email: Nicolay.moulin@sikri.no

Camilla Aardal
Chief Financial Officer
Tel: +47 97 10 51 55
Email: Camilla.aardal@sikri.no

About Sikri Holding AS

Sikri Holding is growing and developing its services, both organically and
through strategic acquisitions. In April 2021 we acquired the Ambita Group,
growing our number of FTEs to 255 and expanding our customer base significantly.
Sikri Holding has developed from a software house specializing in software and
services towards the public sector, to becoming a leading company also within
property data, property technology and data economics in the Nordics. Our
customer base spans public sector as well as private businesses within real
estate, banking, insurance, property developers, media companies, builders,
property owner, taxation companies, engineers, power companies and building
materials production. We create value for public sector, private businesses, and
citizens, with an innovative approach to the use of data and data analysis.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange