Spotlio AS - Financial results for the first quarter FY25

19 Sep 2024 11:30 CEST

19.9.2024 11:30:01 CEST | Spotlio AS | Additional regulated information required
to be disclosed under the laws of a member state

(Oslo, 19 September 2024) Spotlio AS (Spotlio, Euronext Growth Oslo:SPOT)
reported revenues of USD 1.4 million in the first quarter of financial year
2024/25, ending 31 July 2024, representing a 19% year-on-year growth.
Furthermore, the Company reported a significantly improved EBITDA of USD -0.4
million in comparison to the EBITDA of USD -1.6 million in prior year and a cash
position of USD 0.7 million as per 31 July 2024. The company had USD 7.7 million
in annual recurring revenues and 214 resort customers as per end of July 2024.

"The results of this quarter reflect the strategic transformation of the Company
in recent times with modest top-line improvements and a more optimized cost
structure positioning the Company on a path toward profitability." says Albert
Ferrando, CEO of Spotlio.

"We will continue to explore investment in growth opportunities for the Company
whilst remaining committed to recent cost rationalization initiatives in order
to drive a sustainable future for the Company and to deliver value for
shareholders", added James Price, CFO of Spotlio.

DISCLOSURE REGULATION

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

CONTACTS

* Albert Ferrando, CEO, Spotlio AS, +34 932 20 35 45,
albert.ferrando@spotlio.com
* James Price, CFO, Spotlio AS, +34 972 001 021, james.price@spotlio.com

ABOUT SPOTLIO AS

Spotlio AS is a trailblazing force in destination digital technology, offering
tailor-made solutions - from apps to e-commerce, and almost everything in
between - that redefine the way consumers interact with resorts, parks, and
attractions. With a decade-long legacy of excellence, Spotlio empowers clients
with innovative white label digital solutions and pricing services, fostering
connections and enhancing experiences on a global scale.

ATTACHMENTS

Spotlio AS Q1 FY25 Earnings Presentation.pdf -
https://kommunikasjon.ntb.no/ir-files/17847592/18246190/4989/Spotlio%20AS%20Q1%2
0FY25%20Earnings%20Presentation.pdf

More information:
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628084_Spotlio AS Q1 FY25 Earnings Presentation.pdf