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Net Insight Interim Report January - June 2020 Quote from CEO Crister Fritzson: Positive result given the market conditions

April - June 2020

Net sales amounted to SEK 105.0 (125.2) million, a decrease of -16.1% year-on-year. In comparable currencies net sales decreased by -17.0%.

Operating earnings amounted to SEK 1.1 (15.6) million, corresponding to an operating margin of 1.0% (12.4%). Excluding foreign exchange rate differences of SEK -7.2 (-0.8) million, operating earnings were SEK 8.3 (16.4) million.

Net income for the period for continuing operations and for the Group, including divested operations, was SEK 1.8 (11.8) million and SEK 1.8 (2.2) million, respectively.

Earnings per share, basic and diluted, for the Group was SEK 0.00 (0.01).

Total cash flow for the Group was SEK -10.3 million (-12.3).

January - June 2020

Net sales amounted to SEK 199.0 (233.8) million, a decrease of -14.9% year-on-year. In comparable currencies net sales decreased by -16.8%.

Operating earnings amounted to SEK 6.7 (11.1) million, corresponding to an operating margin of 3.4% (4.7%). Excluding foreign exchange rate differences of SEK 3.1 (-0.3) million, operating earnings were SEK 3.6 (11.4) million.

Net income for the period for continuing operations was SEK 3.6 (9.1) million. Net Income for the Group, including divested operations, was SEK 250.2 (-6.4) million. This includes capital gains related to discontinued operations of SEK 246.4 (-) million.

Earnings per share, basic and diluted, for the Group was SEK 0.65 (-0.02).

Total cash flow for the Group was SEK 235.1 million (-44.2).

Significant events:

Crister Fritzson assumes the CEO position

Important major deals on several markets

First Aperi orders

Continued negative Covid-19 impact

Change and strengthening of executive management

The full report of the second quarter 2020 can be found on netinsight.net

For further information, please contact:

Crister Fritzson, CEO at Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight is a global leader in media networks and resource optimization. With more than 20 years' experience, Net Insight is a trusted and important partner and a leading force in the media tech industry in creating a better media experience.

Net Insight is powering the evolving media business in a connected world where technology enables seamless meetings between producers, distributors and consumers of content - regardless of geographical location, technical resources or distribution network. With its deep market knowledge and insight, genuine customer focus and world-leading innovative technology, Net Insight makes it easier to create and deliver better content in a more reliable and effective way. Net Insight is driven by the idea that everything can always be done smarter, for both its customers and their customers.

More than 500 world-class customers run mission-critical media services using Net Insight's solutions in more than 70 countries worldwide. Net Insight is listed on Nasdaq Stockholm.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight

LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2020-07-21 08:45 CEST.

Attachments

Net Insight Interim Report Q2 2020

LINK:	https://investors.netinsight.net/pressrelease/?ddpr=d9b98ad9-a34a-4a47...
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