INDUCT - INTERIM REPORT Q4 2021

15 Feb 2022 07:47 CET

The Interim report for Q4 2021 for Induct AS has been approved by the Board of
Directors.

• Platform revenues increased by 181% from Q4 2020 to Q4 2021,from NOK 1,6
million to NOK 4,4 million.

• Total revenues increased by 68% from Q4 2020 to Q4 2021, from NOK 3,1 million
to NOK 5,2 million.

• Global RPM (revenue per 1000 ad shown) of NOK 24,00 in Q4 2021, compared to
NOK 17,64 in Q4 2020.

• Positive EBITDA of NOK 2,9 million in Q4 2021, an increase from NOK 1,2
million in Q4 2020.

• A stable and high gross margin on platform revenues at 96,9 % in Q4 2021.

• Ad revenues generated from 27 countries in Q4 2021.

• Grantway – a global grant finding solution is on-track to go live on March 1st
2022, with users in England being the first target market.

For further information, please contact: Alf Martin Johansen, Chief Executive
Officer +47 90 17 94 35, amj@induct.net

About Induct
Induct AS was established in 2007 and was the first mover in the development of
software as a service (SaaS) for managing innovation efforts in, and between,
organizations. Our software has enabled more than 350 organizations worldwide to
release the potential that lies in identifying new and good ideas through
innovation engagement and realizing the benefits of turning good ideas into new
ways of thinking, acting, organizing, and working.

In 2020, Induct took a new step on its journey as a knowledge empowerment
provider. We launched a new digital platform – induct.net – where work and
collaboration are taken to a new level for organizations and individuals alike.
By removing unnecessary and unhelpful barriers to collaboration, the platform is
a unique facilitator of knowledge development and management, sharing and
empowerment within organizations, in collaborative networks, and in ecosystems.
Induct has offerings in three main segments: 1) Knowledge management, 2)
Knowledge mining and 3) Collaborative tools.

Want to learn more? Visit us on induct.net

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553757_Induct - Interim Report Q4 2021.pdf