Fractal Gaming Group Interim Report January-Jun 2023

Second quarter 2023

• Net sales amounted to SEK 245.3 million (95.4).
• Product profit amounted to SEK 98.7 million (29.3), with a product margin of 40.2% (30.7).
• EBITDA amounted to SEK 47.9 million (-3.0), corresponding to an EBITDA margin of 19.5% (-3.2).
• EBIT amounted to SEK 42.7 million (-7.5), corresponding to an EBIT margin of 17.4% (-7.9).
• Operating cash flow amounted to SEK 64.0 million (-7.7).
• Interest-bearing net debt was SEK -12.7 million (127.4).
• Earnings per share amounted to SEK 1.2 (-0.1).
• No items affecting comparability for the quarter.

Jan–Jun 2023

• Net sales amounted to SEK 440.8 million (212.9).
• Product profit amounted to SEK 177.7 million (76.6), with a product margin of 40.3% (36.0).
• EBITDA amounted to SEK 89.5 million (8.3), corresponding to an EBITDA margin of 20.3% (3.9).
• EBIT amounted to SEK 79.2 million (-0.2), corresponding to an EBIT margin of 18.0% (-0.1).
• Operating cash flow amounted to SEK 122.8 million (-0.8).
• Earnings per share amounted to SEK 2.1 (0.1)
• No items affecting comparability during the period.

Hannes Wallin, CEO and Founder of Fractal comments:
“Sales for the quarter were the highest ever for Fractal. We are growing more substantially than the market and are drawing new customers through our attractive products with innovative designs.

When we summarize the first half-year, we have received a clear confirmation that our offering is gaining ground. It continues to be our new products that are driving the strong development for Fractal. Following the chassis series North and Ridge, which were introduced at the end of last year, the launch of Terra in May has further solidified our position as the leading brand for the design-conscious player.

We are continuing to see excellent potential for profitable growth in 2023, based on our attractive product portfolio that meets the demand we see from high-performance gamers around the globe.”

Telephone and web conference
A telephone and web conference will be held for investors, analysts and media on August 17, 11.00 (CEST). CEO, Hannes Wallin and CFO, Karin Ingemarson will present and comment on the report and the presentation will be followed by a question and answer session.

Link to web conference:
https://ir.financialhearings.com/fractal-gaming-group-q2-2023

To sign up for the telephone conference:
https://conference.financialhearings.com/teleconference/?id=200914

For more information, please contact
Hannes Wallin, CEO and founder, Fractal
Telephone: +46 31 380 71 00
E-mail: IR@fractal-design.com

Karin Ingemarson, CFO, Fractal
Telephone: +46 31 380 71 00
E-mail: IR@fractal-design.com

This information is information that Fractal Gaming Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 8:00 a.m. CEST on August 17, 2023.

Certified Advisor
Andreas Stigers
FNCA Sweden AB

About Fractal
Fractal is a leading company in the premium segment of PC gaming products. The Group was founded in 2010 and our products are currently sold in more than 50 markets worldwide. Fractal is the market leader in premium PC cases in several geographic markets, for example in the Nordic region, is top two in Japan, and holds a top-three position globally.