BoMill Q1 Report January – March 2024

12 April 2024, 08:30 CET

BoMill AB (”BoMill” or the “Company”) hereby publishes the Interim Report for the period January 1 – March 31, 2024. The Report is available as an attached file to this release and on BoMill’s website. Below is a summary of the report.

POSITIVE START OF 2024 WITH NEW ORDERS

CEO Andreas Jeppsson comments:

“2024 has started very well for BoMill InSight™ with our agreement with Lantmännen and the repeat order from Baltijos Javai to increase capacity. I’m confident we are on the right track for success.”

Net sales and income for the first quarter (January – March 2024)

Net sales amounted to KSEK 3 054 (KSEK 55).
Net income after financial items amounted to KSEK –4 164 (KSEK –5 681).
Net income per net weighted average share amounted to SEK –0,04 (SEK –0,12).
Cash flow during the first quarter amounted to KSEK –8 219 (KSEK –7 512).
As of March 31, 2024, cash and cash equivalents in the Company amounted to KSEK 4 302 (KSEK 7 132).

Highlights during the first quarter

On January 24, 2024, BoMill announced an agreement worth EUR 185 000, signed with the Swedish agricultural group Lantmännen
On March 1, 2024, BoMill announced an order worth EUR 260,000 from Baltijos Javai for a capacity upgrade of BoMill InSight™
On March 12, 2024, Board of Directors proposed a secured new share issue of maximum MSEK 16,8

BoMill Q1 report can be found on BoMill’s website (www.bomill.com/investors/reports)

Documents

For additional information about BoMill, visit www.bomill.com or contact:

Andreas Jeppsson, CEO | Phone: +46 (0)727 00 11 82 | E-mail: [email protected]

BoMill has developed and markets a patented technology for sorting grain on a commercial scale, based on the internal qualities of each kernel. The method is the only one of its kind on the market today and is estimated to have the potential to become a Golden Standard within the industry.

The company is listed on Nasdaq Stockholm First North Growth Market under the ticker: BOMILL.

Certified Adviser: Svensk Kapitalmarknadsgranskning AB - www.skmg.se

For more information about BoMill, please visit www.bomill.com.

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