Spir Group ASA: Annual report 2024

30 Apr 2025 08:00 CEST

Oslo, 30 April 2025: Spir Group ASA today publishes its annual report for 2024.
The Board of Directors of Spir Group has approved the annual accounts for 2024.
The financial statements and annual report for the financial year 2024 are
attached to this announcement. The ESEF file is also attached.

The financial statements have been adjusted compared to the preliminary and
unaudited 2024 results reported by Spir Group on 13 February 2025 in the
following areas:

• Net profit: NOK 34.7 million (from NOK 35.4 million in the Q4 report). The
change is a result of provision for settlement of the claim regarding the
divestment in 2023 of Metria’s Planning and surveying business (“the Sweco
claim”) offset by the restatement of the gain from the 2024 business integration
and the recalculation of the 2024 tax provision.

• Net equity: NOK 1,260 million (from NOK 1,277 million in the Q4 report). The
change reflects a correction of an error in the deferred tax position reported
in the 2023 consolidated balance sheet, affecting the 2024 opening balance,
along with the impact of changes in net profit and other adjustments related to
translation differences.

A bridge describing the changes is included on page 118 in the Annual Report.

The reports are also available at
https://spirgroup.com/reports-and-presentations.

For further queries, please contact:

Per Haakon Lomsdalen
CEO
Tel: +47 90 27 19 18
Email: per.lomsdalen@spirgroup.com

Cecilie Brænd Hekneby
CFO & IR
Tel: +47 99 29 38 26
Email: cecilie.hekneby@spirgroup.co

About Spir
Group Spir Group is a Nordic software house delivering mission critical software
and data within two business areas; Real estate and Public Administration. In
Real estate, Spir Group helps to streamline complex real estate processes
through specialized niche software and data. In Public Administration, Spir
Group is one of Norway’s leading software providers, delivering solutions for
case management, archiving, quality management and internal control systems to
the public sector in Norway. The Group’s customers range from municipalities,
governmental agencies, real estate agents, banks, insurance companies,
appraisers, property developers, media companies, builders, property owners,
engineers, power companies, and building materials production companies. Our
mission is to help our customers streamline their operations and drive
digitization through software, data and artificial intelligence.

More information:
Access the news on Oslo Bors NewsWeb site

644856_549300VZZ36ASJJOMO23-2024-12-31-0-en.zip
644856_Spir Group Annual Report 2024_290425 final.pdf