StrongPoint ASA: Second Quarter and First Half 2025

11 Jul 2025 07:00 CEST

11.7.2025 07:00:00 CEST | StrongPoint | Half yearly financial reports and audit
reports / limited reviews

(Oslo, 11 July 2025) StrongPoint ASA reported revenues of NOK 350 million in the
second quarter of 2025, NOK 53 million higher than same quarter in 2024 (297).
The EBITDA increased by NOK 16 million to NOK 7 million (-9).

"Whereas the economic climate is still characterised by uncertainty, our
customers - predominantly European grocery retailers - appear to be less
affected than many other industries. Our second quarter continues to mirror this
economic backdrop, whilst we are also benefitting from conscious decisions taken
at StrongPoint. Our Q2 revenue was up 18%, driven by strong growth in the UK &
Ireland, Sweden and the Baltics. Recurring revenue on a twelve-month rolling
basis was up 16%, and EBITDA in Q2 improved by 16 MNOK from last year to 7 MNOK.
As in our first quarter, our Nordic and Baltic business units continue to
deliver well on profitability, whereas we are still in an investment mode in
Spain and the UK," says Jacob Tveraabak, Chief Executive Officer of StrongPoint.

StrongPoint reported revenues of NOK 350 million (297) in the second quarter of
2025 and an EBITDA of 7 million (-9). The second quarter EBIT was NOK -3 million
and EBT was NOK -4 million. The net profit after tax ended at NOK -3 million in
the quarter. Cash flow from operating activities was NOK 20 million.

"We continue to build customer intimacy in our core markets. We confirmed our
status in the Baltics as the go-to-partner for grocers when it comes to
self-checkout, being selected as the self-checkout solution provider for Coop
Estonia. Furthermore, we were selected as the partner for AI-scales for a
leading Nordic grocery chain to be used by customers in their stores. In
addition to building and strengthening our customer depth in our core markets,
we have earlier shared high expectations with regards to our e-commerce
solutions portfolio within and beyond our core markets. Hence, it was very
rewarding to announce another win with our Order Picking solution for
e-groceries with a prestigious customer, Carrefour Belgium," Tveraabak
continues.

"While our business performance has improved, the recovery is taking more time
than anticipated. However, we will continue to build stronger customer intimacy
in our core markets in Scandinavia and the Baltics. In parallel, we are working
relentlessly to ensure our other business units - in particular the UK & Ireland
and Spain - achieve satisfactory profitability. An important part of this is
ensuring clarity on the future for our CashGuard Connect solution. Lastly, we
are building on the positive momentum for our e-commerce portfolio, and Order
Picking in particular, to win ever more customers globally. Although business
performance has improved slower than expected, we are encouraged by the positive
trends in our results, the sustained interest in our diverse solution portfolio
and our continued trust by customers, making us positive about thriving in the
medium and longer term," Tveraabak concludes.

StrongPoint will host an in-person and streamed presentation of the second
quarter results at 07:00 CET followed by a Q&A session at 11:00 CET 11 July
2025. Questions can be submitted online during the Q&A or via email at:
investor@strongpoint.com.

The webcast is available atstrongpoint.com - http://strongpoint.comand can also
be accessed by the following links:

Q2 Presentation:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20250711_1

Live Q&A Audiocast:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20250711_2

DISCLOSURE REGULATION

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

CONTACTS

* Marius Drefvelin, CFO StrongPoint ASA, +47 958 95 690,
marius.drefvelin@strongpoint.com

ABOUT STRONGPOINT

StrongPoint is a grocery retail technology company that provides solutions to
make shops smarter, shopping experiences better, and online grocery shopping
more efficient. With approximately 500 employees in Norway, Sweden, the Baltics,
Finland, Spain, the UK and Ireland, and together with a wide partner network,
StrongPoint supports grocery and retail businesses in more than 20 countries.

StrongPoint provides end-to-end e-commerce solutions, including in-store order
picking, automated fulfillment (with AutoStore), click & collect
temperature-controlled grocery lockers, and in-store and drive-thru grocery
pickup solutions. The company also delivers a range of in-store technologies,
such as electronic shelf labels, AI-powered self-checkouts, and cash management
and payment solutions. StrongPoint is headquartered in Norway and is listed on
the Oslo Stock Exchange with a revenue of approximately NOK 1.3 billion [ticker:
STRO].

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18596040/6297/Download%20announce
ment%20as%20PDF.pdf

StrongPoint Q2 2025.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18596040/6294/StrongPoint%20Q2%20
2025.pdf

StrongPoint Q2 2025 print version.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18596040/6295/StrongPoint%20Q2%20
2025%20print%20version.pdf

StrongPoint Q2 2025 Presentation.pdf -
https://kommunikasjon.ntb.no/ir-files/17847450/18596040/6296/StrongPoint%20Q2%20
2025%20Presentation.pdf

More information:
Access the news on Oslo Bors NewsWeb site

651091_Download announcement as PDF.pdf
651091_StrongPoint Q2 2025.pdf
651091_StrongPoint Q2 2025 Presentation.pdf
651091_StrongPoint Q2 2025 print version.pdf