Slide 1: Q3 Interim Report January – September 2024
Interim report January – September 2024 | Terranet AB Q3 INTERIM REPORT JANUARY – SEPTEMBER 2024 1
Slide 2: Significant events during the third quarter
Interim report January – September 2024 | Terranet AB Significant events during the third quarter Autonomous braking completed at the AstaZero test track BlincVision now functions as an independent driver assistance system, marking a strategic milestone in its development. The autonomous braking sig
Slide 3: Comment from the CEO
Interim report January – September 2024 | Terranet AB Comment from the CEO ” A successful third quarter – BlincVision is approaching the market" system closer to a final product that better meets The third quarter marks a significant step forward as market demands. we deliver according to plan. Coll
Slide 4: Words from the Chairman of the Board
Interim report January – September 2024 | Terranet AB especially when activated in situations the driver does not consider necessary. With a faster solution like BlincVision, safety distances can be reduced, and autonomous functions will feel more natural. A new chapter for Terranet During my time a
Slide 5: Bringing our loved ones home
Interim report January – September 2024 | Terranet AB Bringing our loved ones home Every day, our loved ones venture out into the world, and we expect them to return home safely. Many accidents happen due to human factors. A ball rolls out onto the road. Clothes that aren’t visible in the dark. A te
Slide 6: Statistics and global initiatives drive road safety forward
Interim report January – September 2024 | Terranet AB Statistics and global initiatives drive road safety forward According to the World Health Organization (WHO), In 2020, UN member states agreed to support and road traffic crashes kill about 1.19 million people implement measures to improve global
Slide 7: Market potential and BlincVision's competitive advantages
Interim report January – September 2024 | Terranet AB Market potential and BlincVision's competitive advantages 17,2 % In 2023, the global advanced driver assistance systems market (ADAS ) had a turnover of approximately 340 billion SEK. With an expected annual growth rate of 17.20%, the market is p
Slide 8: Product development of BlincVision
Interim report January – September 2024 | Terranet AB Product development of BlincVision BlincVision has, throughout 2024, developed from the concept stage to successful tests both in a lab environment and in a moving vehicle. During the third quarter, an important milestone was reached with an auto
Slide 9: Product development timeline during 2024
Interim report January – September 2024 | Terranet AB During the first quarter, prototype tests were environments. At the same time, data was collected conducted in a lab environment, focusing on to enhance the AI-trained capability of the system measuring reaction time and evaluating object to dete
Slide 10: Fourth quarter and 2025 development plan
Interim report January – September 2024 | Terranet AB During the fourth quarter, Terranet will continue Quarter 1: Proof of Concept results via the partner in the development of BlincVision’s perception MobilityXlab and initiation of the next customer technology. This will enhance the system’s abili
Slide 11: The share
Interim report January – September 2024 | Terranet AB The share General information Terranet's B-share was listed on Nasdaq First North Each share has a nominal value of SEK 0.01. No Premier on 30 May 2017 and is traded on Nasdaq shares are held by the company itself or its First North Premier Growt
Slide 12: Operations
Interim report January – September 2024 | Terranet AB Operations Terranet develops technical solutions for advanced driver assistance systems (ADAS) and self-driving vehicles (AV) that make roadways safer for drivers and pedestrians. Business concept allow BlincVision to identify objects in record t
Slide 13: Staff, risks and uncertainties, the parent company
Interim report January – September 2024 | Terranet AB Staff remaining liquidity equivalent to approximately one The number of employees in the Group as of quarter's cash flow. September 30, 2024 was 16 (12). Temporary workers, Taking into account current cash flow, a full exercise full-time consulta
Slide 14: Accounting principles
Interim report January – September 2024 | Terranet AB Accounting principles This interim report has been prepared in accordance with IAS 34 "Interim Financial Reporting". Disclosures in accordance with IAS 34 are disclosed in notes or elsewhere in the interim report. The Parent Company's financial st
Slide 15: Financial overview
Interim report January – September 2024 | Terranet AB Financial overview (Comparison values relates to the same period in 2023) Revenue Depreciation of intangible assets during the nine- Revenues for the third quarter amounted to TSEK 0 month period amounted to TSEK 169 (1,042), (216). For the nine-
Slide 16: Cash flow, financial position and liquidity
Interim report January – September 2024 | Terranet AB Cash flow was made by TSEK 32,658 in the Group and by Cash flow from operating activities during the TSEK 33,545 in the Parent Company to TSEK 0. The third quarter amounted to TSEK -6,751 (-6,358) and opening balances for the Company's financial
Slide 17: Key figures
Interim report January – September 2024 | Terranet AB Key figures (Amounts in TSEK unless otherwise indicated) 2024 2023 2024 2023 2023 3 months 3 months 9 months 9 months 12 months July- July- January- January- January- September September September September December Undiluted EPS (SEK) -0,01 -0,0
Slide 18: Summary consolidated income statement
Interim report January – September 2024 | Terranet AB Summary consolidated income statement (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 9 months 9 months 12 months July- July- January- January- January- September September September September December Other operating revenue 0 216 2
Slide 19: Summary consolidated statement of comprehensive income
Interim report January – September 2024 | Terranet AB The Group’s summary statement of comprehensive income (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 9 months 9 months 12 months July- July- January- January- January- September September September September December Profit/loss for
Slide 20: Summary consolidated statement of financial position
Interim report January – September 2024 | Terranet AB Summary consolidated statement of financial position (Amounts in TSEK) 2024-09-30 2023-12-31 2023-09-30 ASSETS Fixed assets Intangible fixed assets Capitalised development costs 19 471 16 881 16 169 Patents and trademarks 2 136 1 954 2 011 Proper
Slide 21: Summary consolidated statement of changes in equity
Interim report January – September 2024 | Terranet AB Summary consolidated statement of changes in equity Attributable to the parent company’s shareholders (Amounts in TSEK) 2024-09-30 2023-12-31 2023-09-30 Opening balance 28 749 48 382 48 382 Profit/loss for the period -29 063 -73 153 -30 289 Other
Slide 22: Summary consolidated cash flow statement
Interim report January – September 2024 | Terranet AB Summary consolidated cash flow statement (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 9 months 9 months 12 months July- July- January- January- January- September September September September December Operating activities Operati
Slide 23: Summary parent company income statement
Interim report January – September 2024 | Terranet AB Summary parent company income statement (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 9 months 9 months 12 months July- July- January- January- January- September September September September December Net sales 1 760 0 3 851 0 0 O
Slide 24: Summary parent company balance sheet
Interim report January – September 2024 | Terranet AB Summary parent company balance sheet (Amounts in TSEK) 2024-09-30 2023-12-31 2023-09-30 ASSETS Financial assets Shares in group companies 57 011 57 011 57 011 Other long-term securities 5 430 5 430 38 975 Other long-term receivables 0 0 0 Total f
Slide 25: Note 1 Equity
Interim report January – September 2024 | Terranet AB Not 1 Equity Warrant program 2022/2025:1 Directed issue of units The 2022 Annual General Meeting resolved to introduce incentive On 12 January 2024, the company announced that the board had program 2022/2025:1 through the issue of warrants to the
Slide 26: Financial calendar
Interim report January – September 2024 | Terranet AB Financial calendar 2024 31 January Extra General Meeting 21 May Annual General Meeting 2024 22 February Year-end report 2023 15 August Interim Report Q2 2024 30 April Annual Report 2023 7 November Interim Report Q3 2024 7 May Interim Report Q1 20
Slide 27: Review report
Interim report January – September 2024 | Terranet AB Review report (THIS IS A TRANSLATION FROM THE SWEDISH ORIGINAL) Terranet AB (publ), corporate identity number 556707-2128 To the Board of Directors of Terranet AB (publ) Introduction We have reviewed the condensed interim report for Terranet AB (
Slide 28: For more information, please contact
Interim report January – September 2024 | Terranet AB For more information, please contact: Magnus Andersson The company’s Certified Adviser is: CEO Mangold Fondkommisson AB +46 70,777 85 38 +46 8 503 015 50 magnus.andersson@terranet.se ca@mangold.se Dan Wahrenberg CFO +46 70 337 03 46 dan.wahrenberg
Slide 29: Safety at the blink of an eye
Interim report January – September 2024 | Terranet AB Safety at the blink of an eye Lund – Head office Göteborg Stuttgart Mobilvägen 10 Theres Svenssons gata 13 Augsburger Str. 744 223 62 Lund (Spaces Brygghuset) 70329 Stuttgart Sweden 417 55 Göteborg Germany Sweden 29