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BoMill Year-End Report January – December 2023

15 February 2024, 08:30 CET

BoMill AB (”BoMill” or the “Company”) hereby publishes the Year-End Report for the period January 1 – December 31, 2023. 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.

INCREASED SALES DURING 2023 - HIGH EXPECTATIONS FOR 2024

CEO Andreas Jeppsson comments:

“During the fourth quarter of 2023, we made substantial progress with two new installations and the order from Lantmännen, materialized in January 2024. I’m very excited and confident about 2024.”

Net sales and income for the fourth quarter (October – December 2023)

  • Net sales amounted to KSEK 3 108 (KSEK 20)
  • Net income after financial items amounted to KSEK -4 144 (KSEK -8 381)
  • Net income per net weighted average share amounted to SEK -0,04 (SEK -0,18)
  • Cash flow during the fourth quarter amounted to KSEK -3 188 (KSEK -4 353)
  • As of December 31, 2023, cash and cash equivalents in the Company amounted to KSEK 12 521 (KSEK 14 644)

Net sales and income year-end (January – December 2023)

  • Net sales amounted KSEK 8 479 (KSEK 560)
  • Net income after financial items amounted to KSEK -17 583 (KSEK -25 251)
  • Net income per net weighted average share amounted to SEK -0,25 (SEK -0,75)
  • Cash flow during the period amounted to KSEK -2 123 (KSEK 102)
  • Orders received during the period amounted to KSEK 5 200 (KSEK 5 400)

Highlights during the fourth quarter

  • Exhibiting at Agritechnica, the world’s largest agriculture show, in Hanover on November 12 – 18
  • On October 20, BoMill announced the Nomination Committee for the 2024 Annual General Meeting
  • On December 19, BoMill announced BoMill InSight™ received an award at French trade show Vrac Tech

Highlights after the period

  • On January 24, 2024, BoMill announced an agreement worth EUR 185 000, signed with the Swedish agricultural group Lantmännen

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

For more information about BoMill, please contact:

Andreas Jeppsson, CEO - Phone: +46 727 001 182 - E-mail: andreas.jeppsson@bomill.com

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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