Neovici Holding AB Publishes Interim Report for Q1 2025

This is an unofficial translation of the Swedish original wording. In case of differences between the English translation and the Swedish original, the Swedish text shall prevail.

Summary of the period January-March 2025

• Reported net sales amounted to SEK 22.9 (13.3) million, an increase of 71.9 percent
• ARR (Annual Recurring Revenue) amounted to SEK 81.4 (62.8) million, an increase of 29.7 percent
• Gross profit increased and amounted to SEK 12.9 (10.6) million with a reduced margin of 56.1 (79.7) percent as a result of the consolidation of Wraptech
• EBITDA amounted to SEK -8.5 (-8.5) million with a margin of -37.3 (-63.7) percent
• Profit after tax amounted to SEK -12.5 (-9.8) million
• Earnings per share after dilution amounted to -0.30 (-0.23) SEK
• Cash flow from operating activities amounted to SEK -3.5 (-11.1) million

 
Significant Events During the Quarter

• Neovici completes the acquisition of Wraptech
• Continued focus and development of Retail Brain, an intelligent platform for retail stores
• Neovici participates in Analyst Group's Capital Markets Day
• Neovici expands internationally – Cosmoz and Retail Brain launched in Southeast Asia
• Neovici strengthens the team with additional employees
  

Significant Events After the Quarter

• Neovici enters into a strategic partnership agreement and completes a new share issue of SEK 3.2 million
• Neovici Holding AB conducts a directed share issue of SEK 11.8 million within the framework of a new share issue facility totaling SEK 15 million
• Neovici Holding AB signs an agreement to expand the new share issue facility by SEK 60 million
• Neovici exhibits at Sweden’s largest industry trade fair, Retail Tech 2025 in Kista, together with Wraptech
• Neovici continues to strengthen the team with more employees
  

Jan Berggren, CEO of Neovici Holding, comments:
“Sweden is currently experiencing strong momentum in the field of AI, with both the public and private sectors jointly building a robust infrastructure supported by the government. Neovici is well-positioned in a clear growth phase, where we are transforming AI from concept to real business value, with a focus on the retail vertical. With strong customer relationships, low churn, and growing recurring revenues, we are accelerating our expansion. Through strategic investments, acquisitions, and international expansion – with a particular focus on China and the rest of Asia – we are improving our growth potential. The planned share issue facility of up to SEK 75 million provides us with additional flexibility to create long-term shareholder value and secure a leading position in intelligent automation.”

Translated report in English
An English translation of the Q1 Report 2025 in Swedish will be available on the company website within a few business days.

Contact
Jan Berggren, CEO and Founder
Email: jan.berggren@neovici.com
Phone: +46 (0) 70 615 10 01

About Neovici
Founded in Stockholm in 2009, Neovici Holding AB (“Neovici”) is a leading provider of automated services through the innovative SaaS platform Cosmoz. The company is constantly introducing new features with a focus on AI-driven automation and handles large transaction flows annually for players in retail, energy and telecom. Neovici operates in the Nordics, Latin America and Asia. In 2024, Neovici was listed on the Nasdaq First North Growth Market.

Read more at: https://www.neovici.se

Certified Adviser
The Company’s Certified Adviser is Eminova Fondkommission AB | + 46 (0) 8 684 211 10 | adviser@eminova.se