Aspiro AB (publ): Interim Report January-September 2007

Growth Continues in Q3—Net Sales of SEK 101.5 m, EBITDA SEK 10.4 m

- EBITDA in the third quarter was SEK 10.4 m (SEK 20.1 m).

- Earnings after tax for the three-month period were SEK 3.9 m (SEK 20.0 m). Basic and diluted earnings per share were SEK 0.02 (SEK 0.10).

- Net sales were SEK 101.5 m (SEK 108.5 m) for the third quarter 2007. Sales increased by SEK 11.4 m in Norway and the Baltic states. Discontinued operations in the UK and Spain reduced sales by SEK 1.9 m. More stringent regulation in Denmark, increased competition in Finland and weakened positions on operator portals in Sweden resulted in sales reducing by SEK 17.1 m in these countries on the third quarter 2006.

- TeliaSonera selected Aspiro as the main supplier of games to its mobile portals; the games store in Sweden was launched in September.

- In August, Aspiro subsidiary Rubberduck signed a master agreement with Thumbplay, the leading online reseller of mobile entertainment in the US. This agreement is for the distribution of video content in the US and is consistent with Aspiro’s mobile TV strategy and Rubberduck’s geographical expansion.

- Aspiro acquired 25.5% of the shares of Norwegian enterprise Mobile Entry in September. This acquisition is a step in Aspiro’s strategy for business solutions.

- The Board of Directors considers that the company will maintain its secure market position in its current business. However, as previously reported, profitability in 2007 will be lower than in the previous year. Fourth-quarter earnings are expected to be somewhat lower than the third quarter.


Key figures Jul-Sep 2007
Net sales, SEK m 101,5 (108,5)
EBITDA, SEK m 10,4 (20,1)
Earnings after tax, SEK m 3,9 (20,0)
Earnings per share, SEK 0,02 (0,10)
Liquid funds, closing balance SEK m 87,8 (74,6)
Cash flow from operating activities before changes in working capital, SEK m 8,8 (19,5)

Key figures Jan-Sep 2007
Net sales, SEK m 297,2 (341,3)
EBITDA, SEK m 25,3 (48,2)
Earnings after tax, SEK m 11,6 (36,9)
Earnings per share, SEK 0,07 (0,19)
Liquid funds, closing balance SEK m 87,8 (74,6)
Cash flow from operating activities before changes in working capital, SEK m 22,2 (41,1)

Figures in brackets are for the corresponding period of the previous year.


This information is mandatory for publication by Aspiro AB (publ) pursuant to the Swedish Securities and Clearing Operations Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication at 8:30 a.m. on 1 november 2007.