Canopy Holdings AS - KPI update per end of Q2 2022/2023

16 Nov 2022 08:00 CET

16.11.2022 08:00:00 CET | Canopy Holdings AS | Non-regulatory press releases

(Oslo, 16 November 2022) As per the end of Q2 of the financial year 2022/2023,
Canopy Holdings AS (OSE:CAN) had total annual recurring revenues of EUR 7.7
million on a consolidated basis.

There was a net decrease of 15 resorts during Q2, of which 10 in the SaaS
segment driven by a customer optimization process that increased ARR, and an
additional 5 resorts in the transactional segment.

Per the end of Q2 2022/2023, ending 31 October 2022, the total
business-to-business (B2B) annual recurring revenues and annual transactional
recurring net revenues were EUR 7.7 million, representing a YoY increase of 3%.

The updated KPI presentation is enclosed.



DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* James Price, CFO, james@canopyholdingsas.com

ABOUT CANOPY HOLDINGS AS

Canopy Holdings AS is a multi-national technology company listed on Euronext
Growth Oslo. The company owns a leading portfolio of brands and companies that
provides digitalization solutions to ski resorts, destinations, parks and
attractions in key markets. Canopy Holdings AS currently consists of Catalate,
Liftopia.com - http://liftopia.com, Skitude and Spotlio.

ATTACHMENTS

KPI Update October 22.pdf -
https://kommunikasjon.ntb.no/ir-files/17847592/1893/2562/KPI%20Update%20October%
2022.pdf

More information:
Access the news on Oslo Bors NewsWeb site

575856_en_KPI Update October 22.pdf