Abax Group AS - Q3 2022 Financial Results

30 Nov 2022 07:30 CET

30.11.2022, Larvik, Norway | ABAX Group announces its Q3 2022 results. The Q3
report is available on the company website at: https://www.abax.com

Q3 highlights
- MRR grew by 11% since Q3 2021 (LTM).
- Revenue for the quarter was 182,1 M NOK representing a growth of 6% from Q3
2021.
- Adjusted EBITDA was 66,7 M NOK for the quarter.

For more information please contact:

Morten Strand, CEO,
ABAX Email: morten.strand@abax.no
Phone: +47 415 35 316

John Ole Moe, interim Chief Financial Officer
Email: john.moe@abax.com
Mobile: +47 95 26 87 01

This information is information that ABAX Group AS is obliged to make public
pursuant to the EU Market Abuse Regulation 596/2014. The information was
submitted for publication, with contact persons set out above, at 07:30 CEST on
the 30th of November 2022.

More information:
Access the news on Oslo Bors NewsWeb site

576988_Q3 Financial Report 2022 .pdf