Interim financial report April – June 2022

FIFTH CONSECUTIVE QUARTER OF GROWTH, REVENUES UP 48 %

SECOND QUARTER 2022

• Net sales totalled MSEK 17.2 (11.6), a change of MSEK +5.6 / +48 %
• EBITDA was MSEK 0.2 (-2.2), a change of MSEK +2.4
• EBIT was MSEK -2.0 (-3.8), a change of MSEK +1.9
• Net earnings were MSEK -2.1 (-4.0), a change of MSEK +1.9
• Net earnings per share amounted to SEK -0.05 (-0.12)

JANUARY – JUNE 2022

• Net sales totalled MSEK 34.1 (23.1), a change of MSEK +10.9 / +47 %
• EBITDA was MSEK 0.3 (-3.7), a change of MSEK +3.9
• Operating profit/loss was MSEK -3.9 (-6.8), a change of MSEK +2.9
• Profit/loss after tax was MSEK -4.2 (-7.0), a change of MSEK +2.9
• Net earnings per share amounted to SEK -0.11 (-0.21)

* Adjusted figures have been recalculated by adjusting for items affecting the comparability of the company’s figures. The adjustments amount to kSEK 6 662 in the fourth quarter of 2021. For more information, refer to the interim report.

EVENTS DURING THE QUARTER

• Successful launch of Vipps payment services in Norway.
• Westpay partners with ACI Worldwide for a complete Integrated Commerce offering.
• New order bookings amounting to MSEK 18.
• Westpay’s CFO Lars Levin leaves the company in August.

EVENTS AFTER THE END OF THE QUARTER

• Decision made to extend convertible loan of MSEK 5 to October 2024.
• Westpay appoints Pernilla Ullsten as new CFO in August.

For more information about news and events: https://investor.westpay.se/financial-reports/