White Pearl Technology Group made corrections in, the Year-End Report 2023 January to December, that was published on the 26th of February at 10.00 CET. The press release that was sent out mentioned incorrectly that no alterations to the figures had been made. This press release explaines what changes have been done. Se below for clarification.

EPS for FY 2023 was changed from SEK 1.23 to SEK 0.79(-0.117) as DS Plattformen shares from 1 January 2023 to 28 June 2023 were required to be taken into the calculation of EPS.

Due to the changes in the classification of expensing intangible assets from Operating expenses to other expenses and the corresponding changes in Cash Flow, EBITDA for FY 2023 was changed from SEK 33M (20.3M) to SEK 33.8M (20.4M). EBITDA for H2 2023 remain unchanged at SEK 16.0M (7.6M)

There are no corrections to Revenue, Net Profit and Cash balances at the Year End. Other changes are editorial, information on revenue segments, with the aim of providing further understanding into the business of WPTG.

Clarifying text and comparing periods added for a better visualization of the growth trajectory. 

Read the corrected Year-End Report 2023, as a pdf here or, at www.whitepearltech.com

This information is such information that White Pearl Technology Group 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 12:30 CET on the 8th of mars 2024.

For further information, please contact:

Marco Marangoni, CEO, White Pearl Technology Group

E-mail: ir@whitepearltech.com, Phone: +598 93 370 044

Jenny Öijermark, IR-Manager, White Pearl Technology Group

E-mail: jenny.oijermark@whitepearltech.com, Phone: +46 707340804


The Company's Certified Adviser is Swedish North Point Securities AB.

About White Pearl Technology Group 

White Pearl Technology Group, based in Stockholm and listed on Nasdaq First North Growth Market as WPTG, comprises of 28 companies, operating in the information technology space. They are diversified IT companies selling their own solutions and products, as well as services and products of third-party vendors. The group has a presence in thirty countries throughout the world. The current focus of the group's business is emerging markets and specifically Africa, Asia, the Middle East, and to a lesser extent, Latin America. www.whitepearltech.com

https://news.cision.com/white-pearl-technology-group-ab/r/correction--clarification-of-white-pearl-technology-group--year-end-report-2023--january-to-december,c3943111

https://mb.cision.com/Main/22468/3943111/2657557.pdf

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