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Regulatory press release

HODL SPAC Europe AB: Interim report for the first nine months 2022

Windon Energy Group
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HODL SPAC Europe AB (publ) hereby publishes the interim report for the period January - September 2022. The interim report is available as an attached document and on the company's website (www.hodlspac.se). Below is a summary of the report.

First nine months 2022 (1)

●        Earnings per share amounted to SEK -0.07 (--).

●        Profit after tax amounted to TSEK -555.3 (--).

●        Cash and cash equivalents on 30 September 2022 amounted to TSEK 29057.1 (--).

Third quarter 2022

●        Earnings per share amounted to SEK -0.02 (--).

●        Profit after tax amounted to TSEK -126.8 (--).

Significant events during and after the period

●        The Company completed its share issuance and the stock was listed on the Spotlight Stock Market on January 21, 2022.

●        The Annual General Meeting was held on May 23, 2022

Economic development in summary

SEK thousands 9M 2022 Q3 2022
Operating income -555.3 -126.8
Profit after tax -555.3 -126.8
Cash flow from operating activities -834.0 -116.7
Cash flow during the period 18166.0 -116.7
Cash and cash equivalents, September 30, 2022 29057.1 29 0571.1

[1] HODL SPAC Europe AB (publ) was founded in October 2021 and therefore there is no comparison period.

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