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Interim report for the quarter ending 31 March 2023

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Financial Highlights

  • ARR at the end of Q3 (the quarter ending 31 March 2023) was SEK 92.8m, corresponding to a 25.4% increase compared with the same period last year (SEK 74.0m).
  • TCV at the end of Q3 of SEK 145.1m, corresponding to a 35.9% increase compared with the same period last year (SEK 106.8m). Organic TCV growth in Q3 was 35.9% compared to the same period last year.
  • Net sales in Q3 were SEK 27.0m, corresponding to a 22.2% increase compared with the same period last year (SEK 22.1m). Organic net sales growth was 22.2%.
  • Gross profit in Q3 was SEK 25.8m (SEK 21.3m) equating to a 95.6% gross margin (96.4%).
  • Normalised EBITDA in Q3 (EBITDA before non-recurring items) was SEK -0.5m compared to the same period last year (SEK -1.5m).
  • EBITDA of SEK 0.5m compared to the same period last year (SEK -1.5m).
  •  Basic earnings per share (weighted) amounted to SEK -0.04 (SEK -0.08).
  • Operating cashflow in Q3 was SEK -2.8m (SEK -4.0m).

Operational Highlights

  • 231 new agreements were signed in Q3 with a value of SEK 38.3m.
  • Reduction in headcount from 115 to 88 in the quarter increasing productivity.

Significant Events after the Period

  • In April 2023, the company paid the first tranche of SEK 9.2m for the earnout due under the Createmaster acquisition agreement.

A copy of the report is available athttps://www.builddata.se/investors/reports-and-presentations/

For more information, please contact:
Gustave Geisendorf, CEO, gustave.geisendorf@builddata.se, +44 7760760777.

Bruce Morrison, CFO, bruce.morrison@builddata.se, +44 7770262386

About BuildData

BuildData. Group AB is a SaaS provider within construction and property technology and is listed on Nasdaq First North Growth Market. Redeye AB is the Company’s acting Certified Adviser (Tel. +46 8 121 576 90, certifiedadviser@redeye.se www.redeye.se).

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