“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 (“EPTI”) publishes 2020 figures 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 takeover.
EPTI publishes pro forma figures for the year 2020, the pro forma figures refer to the EPTI group and the acquired companies from 29 August 2021; Actea Consulting AB, Axakon AB, Framtidsverket AB and Bruger AB. The group revenue for 2020 on a pro forma basis was 137,665,604 SEK with an operating profit of 15,515,853 SEK and an estimated net asset value for the portfolio of 472,705,000 SEK at the end of the year. Annual reports can be found on EPTI's website www.epti.com or at the link below:
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 employees 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:
Adam Bäckström, CFO, Invajo Technologies AB
E-mail: [email protected]
Phone: +46 73 026 68 26
Invajo offers unique services for efficient and smooth digital management 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]