Annual Report for the Financial Year 2025

26 Mar 2026 20:15 CET

Oslo, 26th of March 2026

The Board of Directors has approved the annual report and the annual accounts
for approval by the General Meeting.

Please find attached the report and auditors report in its entirety.

Highlights: The turnover in 2025 was NOK 10,325,365 for the group.

The operating result was NOK -34,468,460

The loss in the group, NOK -36,803,557, is mainly due to depreciation of
previous R&D efforts, payroll costs including a non-cash item of 7,869,872
connected with the company's option program, and other general operating
expenses.

Cash flow and operating expenses are as expected.

The group's cash balance was NOK 37,002,186 at the end of 2025.


For more information, contact the company at post@lokotechgroup.com

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669505_Lokotech Annual Report 2025.pdf