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BoMill Year-End Report, January – December 2022

15 February 2023, 08:30 CET

BoMill AB (”BoMill” or the “Company”) hereby publishes the Year-End Report for the period January 1 – December 31, 2022. The Year-End Report is available as an attached file to this release and on BoMill’s website. Below is a summary of the report.

CEO Andreas Jeppsson comments:

“During the fourth quarter of 2022, the team has focused on the launch of BoMill InSight™. We are ready for launch, and I am convinced 2023 will be an exciting year for BoMill.”

Net sales and income for the fourth quarter (October – December 2022)

  • Net sales amounted to KSEK 20 (KSEK 578)
  • Net income after financial items amounted to KSEK -8 381 (KSEK -5 735)
  • Net income per net weighted average share amounted to SEK -0,18 (SEK -0,37)
  • Cash flow during the fourth quarter amounted to KSEK -4 353 (KSEK -4 223)
  • As of December 31, 2022, cash and cash equivalents in the Company amounted to KSEK 14 644 (KSEK 14 542)

Net sales and income year-end (January – December 2022)

  • Net sales amounted KSEK 560 (KSEK 983)
  • Net income after financial items amounted to KSEK -25 251 (KSEK -22 718)
  • Net income per net weighted average share amounted to SEK -0,75 (SEK -1,72)
  • Cash flow during the period amounted to KSEK 102 (KSEK -10 804). In June 2022, BoMill raised approximately MSEK 21.3 prior to transaction costs via a rights issue.
  • Orders received during the period amounted to KSEK 2 600 (KSEK 0)

Highlights during the fourth quarter         

  • On December 16, 2022, BoMill announced the appointment of Cajsa Kapoor as the new Chief Financial Officer (CFO) for the company.
  • On December 20, 2022, BoMill announced receiving an order with a value of MSEK 2.6, from Europe’s largest milling group GoodMills Group.

Highlights after the period 

  • On January 12, 2023, BoMill appointed its Nomination Committee ahead of its 2023 Annual General Meeting which will take place on May 11, 2023.
  • On January 26, 2023, BoMill launched BoMill InSight™. Prior to the launch, two orders have already been received, planned to be delivered during Q2 2023.

For more information about BoMill, please contact:

Andreas Jeppsson, CEO

Phone: +46 727 001 182

E-mail: andreas.jeppsson@bomill.com

Certified Adviser: Svensk Kapitalmarknadsgranskning AB

Phone: +46 11 32 30 732

E-mail: ca@skmg.se

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.

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

Latest news and releases

BoMill announces that the Rights Issue is registered and the last day of trading in BoMill's BTA is June 10, 2024

5 June 2024

Regulatory

THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER ACTIONS. PLEASE REFER TO THE SECTION “IMPORTANT INFORMATION” BELOW.

BoMill AB (the "Company" or "BoMill") announces that the rights issue of new shares with preferential rights for the shareholders was resolved by the ordinary general meeting April 12, 2024 and whose outcome was announced by the Company through a press release on May 15, 2024 (the "Rights Issue"), is now registered with the Swedish Companies Registration Office and the paid subscribed shares ("BTA") will therefore be replaced with ordinary shares.

BoMill announces outcome of the wholly guaranteed Rights Issue

15 May 2024

Regulatory

THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER ACTIONS. PLEASE REFER TO THE SECTION "IMPORTANT INFORMATION" BELOW.

BoMill AB (the "Company" or "BoMill") announces hereby the outcome of the wholly guaranteed rights issue of shares with a subscription period ended on May 14, 2024 (the "Rights Issue").

The outcome of the Rights Issue shows that 26 962 308 shares were subscribed for with the support of subscription rights, corresponding to approximately 96.6 percent of the Rights Issue; and 8 289 101 shares were subscribed for without the support of subscription rights, corresponding to approximately 29.7 percent of the Rights Issue. In total, 35 251 409 shares were subscribed for with and without the support of subscription rights with an issue amount of SEK 21 150 845.40, corresponding to approximately 126.3 percent of the Rights Issue. Thus, the Rights Issue was oversubscribed, and no guarantee undertaking will be utilized. BoMill will receive a total issue amount of approximately SEK 16.8 million before transaction costs through the Rights Issue.

BoMill publishes prospectus regarding the Rights Issue

23 April 2024

Regulatory

THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER ACTIONS. PLEASE REFER TO THE SECTION “IMPORTANT INFORMATION” BELOW.

Today, BoMill AB (the “Company” or “BoMill”) has published a prospectus (“Prospectus”) regarding the forthcoming rights issue of shares with preferential rights for existing shareholders (the “Rights Issue”) resolved by the ordinary general meeting on April 12, 2024. The Rights Issue amounts to approximately a maximum of SEK 16.8 million.

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