“During the third quarter of the year, we have worked goal-oriented on divesting portfolio companies, reducing indebtedness, and streamlining the business with a focus on AI. During the third quarter of the year, our efforts resulted in a turnaround...
EPTI AB publishes Interim Report Q3 2021
EPTI AB (“EPTI”) publishes Interim Report Q3 2021 for the current group. EPTI has previously issued a letter of intent to enter into a share transfer agreement through which Invajo Technologies AB (“Invajo”) will acquire all shares in EPTI in a so-called reverse acquisition.
EPTI AB publishes Interim Report Q3 2021 which pertains to the EPTI group. The group’s operating income for the first nine months of the year amounted to SEK 63,908,000 with an EBITDA result of SEK 11,745,000, which corresponds to an EBITDA margin of 18.4% during the period. The group’s proforma income for the first nine months of the year amounted to SEK 114,950,000 with an proforma EBITDA result of SEK 1,536,000, which corresponds to an EBITDA margin of 1.3%. EPTI AB’s Net Asset Value (NAV) as of the last September 2021 amounted to SEK 673,255,000. The interim report is available on EPTI’s website www.epti.com/investors.
Information about EPTI
EPTI invests capital and operational support for companies, entrepreneurs and founders to build market-leading innovative companies under the motto “We Empower Innovation”. As a venture builder, this is done by adding experience from other founders, capital, resources, processes, state-of-the-art technology as well as commercial execution and marketing. EPTI also starts companies and joint ventures with driven co-founders and companies. The companies in EPTI’s portfolio are in the segments Gaming, Fintech, Marketplace, SaaS and Services. Since the start in 2017, a portfolio of more than 25 companies has been built up, of which the majority-owned companies comprise a total of approximately 200 coworkers in seven countries around Europe. EPTI is more than an investment company, it is partly an investment company and partly a service company. A venture builder for founders, by founders.
For further information, please contact:
Robert, CFO, EPTI AB
E-mail: [email protected]
Phone: +46 73-652 56 60
For international media enquiries,
Please contact Benjamin Webb
+44 7930 408224
Invajo offers unique services for efficient and smooth digital handling of bookings, invitations and events. We handle the entire flow for our customers and this regardless of whether it is a digital or physical arrangement. Our services are used by everything from large international companies to individuals and we are available globally.
For more information, see Invajo’s website www.invajo.com The company’s Certified Adviser is Eminova Fondkommission AB | 08-684 211 00 | [email protected]