Slide 1: StrongPoint Q1 2025
StrongPoint Q1 2025 29 April 2025
Slide 2: Agenda
Agenda Highlights About StrongPoint Customer success Jacob Tveraabak Marius Drefvelin Q1 2025 financials Chief Executive Officer Chief Financial Officer Outlook
Slide 3: Q1 2025 Highlights
Q1 2025 Highlights Financial highlights Customer and operational updates • Revenue 347 MNOK: decrease 3% • 1st AutoStore win in the UK • Recurring revenue 372 MNOK (rolling • 3rd Vensafe theft-prevention pilot in UK twelve months): increased 17% • AI-powered theft prevention pilots in • EBITDA 10 MN
Slide 4: About StrongPoint
About StrongPoint 'S) StrongPoint
Slide 5: StrongPoint at a glance
StrongPoint at a glance Our purpose: Retail technology in every shopping experience for a smarter and better life 1.3 Bn NOK annual revenue Impact on grocery retailers Impact on end consumers € 372 MNOK recurring revenue >80% revenue from grocery retailers ~500 team across Europe Driving Improving b
Slide 6: Solutions solving 5 grocery problems
Solutions solving 5 grocery problems 01 E-COMMERCE FULFILLMENT 03 STORE EFFICIENCY • SaaS-based E-Commerce Platform • SaaS-based task management software • Click & Collect and Home Delivery • Next generation AI-powered Self-Checkout • AutoStore automation • Self-Scanning 04 PRICING & PROMOTIONS • El
Slide 7: Where we operate
Where we operate Our Core Markets: Nordics, Baltics, • Direct operations in 9 core countries with full local support Spain, UK & Ireland from sales to service • Managing entire value chain = capture more revenue and build deeper customer relationships Sales Service Installation Support In addition,
Slide 8: Customer success
Customer success 'S) StrongPoint
Slide 9: Automation expansion in UK
Automation expansion in UK • Delivering AutoStore solution for leading UK cosmetics retailer • Solution used to support e-commerce orders • 1st StrongPoint AutoStore project in the UK • Partnership with Pio, new compact solution from AutoStore
Slide 10: 3rd Vensafe Proof of Concept in UK
3rd Vensafe Proof of Concept in UK • Launched 3rd Vensafe proof-of-concept in the UK with grocery retailer Morrisons • First installation of newly launched ‘Digital Media Retail’ Vensafe • Includes screens at the shelf and dispenser that can run adverts, driving retail media revenue opportunities fo
Slide 11: AI-powered Anti-Theft Partnership & Pilots
AI-powered Anti-Theft Partnership & Pilots • Formalised partnership with SAI Group to provide AI-powered anti-theft solutions • The agreement combines StrongPoint’s store integration capabilities with SAI’s computer vision technology • Two active pilots in the Nordics implemented by StrongPoint with
Slide 12: Order Picking and CashGuard Connect update
Order Picking and CashGuard Connect update CashGuard Connect Order Picking at: solution: • Installation expected to be completed • Continuous development of CashGuard across all targeted stores by summer Connect with largest grocery retailer in Spain 2026 • Additional pilots being planned, firm long
Slide 13: Q1 2025 financials
Q1 2025 financials 'S) StrongPoint
Slide 14: 1st quarter revenue
1st quarter revenue Revenue MNOK - 12 MNOK (-3%)
Slide 15: Total recurring revenue (12 months rolling)
Total recurring revenue (12 months rolling) Revenue 68% increase in MNOK license revenue compared to last year mainly driven by Order Picking and Self- Checkouts
Slide 16: 1st quarter EBITDA
1st quarter EBITDA EBITDA MNOK +16 MNOK The Q4 2023 EBITDA reported was -20.6 MNOK, including non-recurring restructuring and M&A costs of 7.3 MNOK and write-downs 10.6 MNOK. Excluding these adjustments, the Q4 2023 EBITDA adjusted was -2.7 MNOK. The Q2 2024 EBITDA reported was -9.1 MNOK, including
Slide 17: Cash Flow movements in 2025
Cash Flow movements in 2025 MNOK
Slide 18: Changes in main working capital items in 2025
Changes in main working capital items in 2025 MNOK
Slide 19: Net interest-bearing debt
Net interest-bearing debt Net interest-bearing debt (MNOK) Disposable funds of NOK 85 million (Q1 2025), down from NOK 102 million (Q4 2024) Net intere st-bea ring debt inclu des intere st-bea ring bank loans, financial lease and IFRS 16 car lea sing . See the quarterly repor t for an overview o f e
Slide 20: Outlook
Outlook 'S) StrongPoint
Slide 21: Outlook
Outlook Short-term: cautiously optimistic prospects Longer-term: positive trends, interest in solutions and continued trust by customers • Further development in profitable traditional markets • Reaping profits from investments in new markets • Global opportunities with SaaS E-commerce fulfillment s
Slide 22: Thank you
Thank you 'S) StrongPoint