SIGNIFICANT EVENTS Q1 2024
• OptiCept: Successful verification of PEF technology for fast-growing processed potato market
• OptiCept receives order from key partner
• OptiCept has signed agreement with world-leading company in the production and cultivation of ornamental cutting
• OptiCept Technologies AB is carried out a directed share issue of approximately SEK 10.3 million to FPS
SIGNIFICANT EVENTS AFTER THE PERIOD
• OptiCept achieves breakthrough for oliveCEPT® in Spain, signs contract worth 270,000 Euros
• OptiCept receives order from leading olive oil producer in Spain
• OptiCept files patent application for combined PEF and VI treatment of fruit and vegetable products
• OptiCept explores new partnership opportunity with a world-leading company in flower care product
• OptiCept signs agreement with one of the world’s largest olive oil producers
• OptiCept Secures Order Estimated at 60 MSEK
• The Swedish Energy Agency converts long-term loan to grant
| FINANCIAL OVERVIEW | | |
| | | |
| KSEK (unless otherwise stated)* | Q1 (Jan-Mar) |
| | 2024 | 2023 |
| Net revenue** | 3 748 | 5 214 |
| Operating Income | -16 457 | -17 669 |
| Result for the period | -14 804 | -20 796 |
| Open orders | 30 819 | 28 499 |
| Reported EBITDA | -11 495 | -12 197 |
| Net result for the period | 382 842 | 420 104 |
| Cash & cash equivalents | 11 867 | 44 480 |
| Equity | 350 687 | 375 421 |
| Equity ratio (%) | 92% | 89% |
| Average number of shares in the period | 42 205 176 | 29 567 582 |
| Number of shares at the end of the period | 42 205 176 | 29 567 582 |
| Earnings per share before and after dilution (SEK) | -0,35 | -0,70 |
| Cash flow from operating activities | -9 653 | -19 560 |
| Total Cash flow | -2 248 | -50 230 |
| | | |
| For information regarding alternative performance measures, please refer to Note 5. |
| * Rounding may occur so that in some cases the amounts do not add up |
| ** For information regarding net revenue, please refer to Note 2. |
” ”Slow and steady wins the race” - An old saying that encapsulates what OptiCept has now achieved. It reminds us that valuable things take time to accomplish and that persistence is often the key to lasting success. With the company’s largest order ever secured and an imminent launch in potato processing, the establishment of ”OptiBoost Inside,” additional business opportunities in olive oil, advanced discussions with forestry companies, and tests within potted plant cuttings, as well as opportunities in pineapple processing from field to table, I look forward to the future with great confidence. We are now shifting into higher gear to accelerate the company into the next phase”, said Thomas Lundqvist, CEO at OptiCept Technologies.
OPTICEPT TECHNOLOGIES AB 
