Key financial figures

KEY FIGURES – GROUP

Amounts in SEK million	2022 Jul-Sep	2021 Jul-Sep	2021 Jan-Dec	LTM
Net sales	221.4	208.6	921.8	950.6
Organic growth (%)	-1.5	9.5	34.2	3.3
Net sales EVSE	59.0	41.5	163.2	206.6
EVSE share of net sales (%)	26.7	20.4	18.2	22.6
Gross margin (%)	50.3	50.6	52.9	50.0
Adjusted EBITDA	31.9	34.7	110.3	132.1
Adjusted EBITA	21.1	25.0	150.7	87.2
Adjusted EBITA margin (%)	9.5	12.0	16.3	9.2
Operating profit (EBIT)	9.1	-2.5	81.8	54.3
Operating margin (%)	4.1	-1.2	8.9	5.7
Net profit for the period after tax	6.8	-31.9	4.4	39.1
Earnings per share after dilution (SEK)	0.14	-0.74	0.10	0.79
Cash flow from operating activities	-1.0	-31.3	-28.4	-35.7
Net debt/Adjusted EBITDA (times)*	–	–	2.6	–

*LTM

QUARTERLY DATA – GROUP

Amounts in SEK million	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3
Net sales	222.2	234.4	221.0	208.6	257.8	236.8	234.7	221.4
Net sales EVSE	28.0	26.0	49.4	41.5	46.2	37.2	64.1	59.0
Net sales EVSE (%)	12.6	11.1	22.4	19.9	17.9	16.7	28.6	26.7
Gross margin (%)	52.8	57.1	55.0	50.6	49.2	48.4	52.1	50.3
EBITA	81.8	63.2	21.7	4.5	20.9	22.0	23.2	16.2
Adjusted EBITA	36.0	67.2	37.5	25.0	20.9	22.0	23.2	21.1
Adjusted EBITA margin (%)	16.2	28.7	17.0	12.0	8.1	9.3	9.9	9.5
Operating profit (EBIT)	74.5	55.9	14.5	-2.5	13.9	15.1	16.1	9.1
Operating margin (%)	33.5	23.9	6.5	-1.2	5.4	6.4	6.9	4.1
Net profit/loss for the period after tax	73.8	22.7	3.9	-31.9	9.7	10.8	11.8	6.8
Earnings per share before dilution (SEK)	1.74	0.54	0.09	-0.74	0.2	0.22	0.24	0.14
Average no. of shares, millions*	42.4	42.4	42.4	42.9	49.3	49.3	49.7	50.0
Cash flow from operating activities	45.6	-8.6	37.8	-31.3	-26.3	-1.1	-7.2	-1.0
Net debt/Adjusted EBITDA (times)	4.8x	3.9x	3.4x	2.3x	2.6x	3.6x	4.2x	4.5x

*Historical figures were adjusted due to the 1:10 reverse split

QUARTERLY DATA – SEGMENTS

Amounts in SEK million	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3
Net sales
Aftermarket	159.3	176.9	150.9	139.9	176.3	150.6	141.0	128.0
Original Equipment	23.9	30.6	23.1	25.1	24.5	34.9	29.6	48.2
Energy & Facilities	27.9	20.8	44.8	38.4	44.2	37.1	53.9	44.9

Segment profit/loss
Aftermarket	63.0	83.6	55.4	49.3	59.0	48.4	50.7	49.6
Original Equipment	-1.9	8.9	3.6	4.9	2.5	10.4	3.3	5.2
Energy & Facilities	-1.6	-10.6	1.6	-4.2	-10.7	-7.9	-3.6	-7.8

Segment margin (%)
Aftermarket	39.5	47.3	36.7	35.3	33.5	32.2	35.9	38.8
Original Equipment	-8.1	29.1	15.5	19.5	10.1	29.9	11.0	10.7
Energy & Facilities	-5.6	-50.9	3.6	-11.0	-24.2	-21.4	-6.7	-17.3

Definitions

Measure:	Definition/Calculation
Interest-bearing net debt	Interest-bearing liabilities adjusted for lease liabilities less interest-bearing assets and cash and cash equivalents.
Earnings per share	Net profit in SEK in relation to the average number of shares, according to IAS 33.

Alternative performance measures:	Definition/Calculation	Purpose
EVSE share of net sales	Sales of EV chargers and accessories as a share of total net sales from the divisions.	Used to measure sales of products for electric vehicles.
Gross margin	Gross profit as a percentage of net sales.	Used to measure product profitability.
Gross profit	Net sales less cost of goods sold, freight and customs.	Used to measure product profitability.
EBITA	Operating profit before amortisation and impairment of M&A-driven non-current assets.	Measure of the underlying earnings capacity of the business and facilitates comparison between the quarters.
Adjusted EBITA	EBITA before items affecting comparability.	Measure of the underlying earnings capacity of the business and facilitates comparison between the quarters.
Adjusted EBITA margin	Adjusted EBITA as a percentage of net sales.	This performance measure gauges the degree of profitability of the business.
Adjusted EBITDA	Operating income according to the income statement before items affecting comparability, depreciation/amortisation and impairment of intangible and tangible assets.	Measure of the underlying earnings capacity of the business and facilitates comparison between the periods.
Items affecting comparability	Items affecting comparability refers to material income and cost items that are recognised separately due to the significance of their nature and amounts.	Recognising items affecting comparability separately increases the comparability of operating profit over time.
LTM	Last Twelve Months.	Measure showing the outcome for the last twelve months.
Net debt/Adjusted EBITDA	Net debt in relation to Adjusted EBITDA LTM.	Measure showing the capacity to repay debt.
Organic growth	Change in net sales adjusted for acquisitions/divestments and currency effects.	Measure of internally generated growth.
Sales growth	Net sales for the current period in relation to net sales for the comparative period.	Aims to show the trend in net sales.
Segment profit/loss	Adjusted EBITDA excluding central items.	Measure showing the earnings capacity of the segment.
Segment margin	Earnings for the segment as a percentage of net sales for the segment.	Measure showing the earnings capacity of the segment.
Currency effects	Average exchange rate for the comparative period multiplied by sales in local currency for the current period.	Aims to show growth excluding currency effects.

Concept	Definition/Calculation	Purpose
Central	Sales in Central comprise items that cannot be attributable to any specific segment. Also includes Group-wide income and costs that cannot be allocated to the segments.	Items that are not directly attributable to the segments.