Slide 1: Interim report January – June 2024
Interim report January – June 2024 | Terranet AB 1
Slide 2: Significant events during the second quarter
Interim report January – June 2024 | Terranet AB Significant events during the second quarter MobilityXLab Terranet has been selected from over 100 applicants to participate in the MobilityXlabs accelerator program, collaborating with leading car manufacturers and major suppliers in the automotive i
Slide 3: Comment from the CEO
Interim report January – June 2024 | Terranet AB Comment from the CEO ” An eventful second quarter where we successfully tested BlincVision outdoors and were selected to conduct projects with potential customers" speed leading to fewer accidents and more lives The second quarter has been eventful, a
Slide 4: Continued strong confidence from our shareholders
Interim report January – June 2024 | Terranet AB important collaboration and an opportunity for us to both evaluate existing anti-collision solutions and demonstrate the value of BlincVision. Continued strong confidence from our shareholders We would like to take this opportunity to thank our shareh
Slide 5: Bringing our loved ones home
Interim report January – June 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 temptin
Slide 6: Statistics and global initiatives drive road safety forward
Interim report January – June 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 road
Slide 7: Market potential and BlincVision's competitive advantages
Interim report January – June 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 projec
Slide 8: Product development of BlincVision
Interim report January – June 2024 | Terranet AB Product development of BlincVision During the first half of 2024, the company has made significant progress. Our Advanced Driver Assistance System, BlincVision, has developed from the concept stage to being successfully demonstrated both in a laborato
Slide 9: Prototype tests and outlook for third quarter
Interim report January – June 2024 | Terranet AB During the first quarter, prototype tests were laboratory environment, and work is ongoing to conducted in a laboratory environment. During this further improve the range in both laboratory and period, measurements were taken of reaction time, outdoor
Slide 10: The share
Interim report January – June 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 Growth Mar
Slide 11: Operations
Interim report January – June 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 time a
Slide 12: Staff, Risks and uncertainties, The parent company
Interim report January – June 2024 | Terranet AB Staff The number of employees in the Group as of A prerequisite for continued operations during the June 30, 2024 was 16 (12). Temporary workers, full- coming twelve-month period is that the company time consultants and those on parental leave have co
Slide 13: Accounting principles
Interim report January – June 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 stateme
Slide 14: Financial overview
Interim report January – June 2024 | Terranet AB Financial overview (Comparison values relates to Q2 2023) Revenue Revenues for the second quarter amounted to Depreciation of intangible assets during the six- TSEK 0 (205). For the six-month period, revenues month period amounted to TSEK 113 (114), a
Slide 15: Cash flow, Financial position and liquidity, Related party transactions
Interim report January – June 2024 | Terranet AB Cash flow holoride has ended up, a write-down of the value Cash flow from operating activities during the of the company's holding in holoride was made by second quarter amounted to TSEK -11,641 (-11,438) TSEK 32,658 in the Group and by TSEK 33,545 in
Slide 16: Key figures
Interim report January – June 2024 | Terranet AB Key figures (Amounts in TSEK unless otherwise indicated) 2024 2023 2024 2023 2023 3 months 3 months 6 months 6 months 12 months April April January- January- January- June June June June December Undiluted EPS (SEK) -0,01 -0,04 -0,02 -0,06 -0,15 Dilut
Slide 17: Summary consolidated income statement
Interim report January – June 2024 | Terranet AB Summary consolidated income statement (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 6 months 6 months 12 months April April January- January- January- June June June June December Other operating revenue 0 205 380 413 834 Activated work
Slide 18: The Group's summary statement of comprehensive income
Interim report January – June 2024 | Terranet AB The Group’s summary statement of comprehensive income (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 6 months 6 months 12 months April April January- January- January- June June June June December Profit/loss for the period -10 983 -12 3
Slide 19: Summary consolidated statement of financial position
Interim report January – June 2024 | Terranet AB Summary consolidated statement of financial position (Amounts in TSEK) 2024-06-30 2023-12-31 2023-06-30 ASSETS Fixed assets Intangible fixed assets Capitalised development costs 18 543 16 881 16 488 Patents and trademarks 2 152 1 954 2 099 Property, p
Slide 20: Summary consolidated statement of changes in equity
Interim report January – June 2024 | Terranet AB Summary consolidated statement of changes in equity (Amounts in TSEK) 2024-06-30 2023-12-31 2023-06-30 Opening balance 28 749 48 382 48 382 Profit/loss for the period -20 329 -73 153 -21 549 Other comprehensive income -23 -7 22 New cash issue 22 631 6
Slide 21: Summary consolidated cash flow statement
Interim report January – June 2024 | Terranet AB Summary consolidated cash flow statement (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 6 months 6 months 12 months April April January- January- January- June June June June December Operating activities Operating profit/loss -9 985 -10
Slide 22: Summary parent company income statement
Interim report January – June 2024 | Terranet AB Summary parent company income statement (Amounts in TSEK) 2024 2023 2024 2023 2023 3 months 3 months 6 months 6 months 12 months April April January- January- January- June June June June December Other operating revenue 1 046 0 2 091 0 0 Operating ex
Slide 23: Summary parent company balance sheet
Interim report January – June 2024 | Terranet AB Summary parent company balance sheet (Amounts in TSEK) 2024-06-30 2023-12-31 2023-06-30 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 fixed
Slide 24: Note 1 Equity
Interim report January – June 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, the company announced that the board had adopted a program 2022/2025:1 through the issue of warrants to the
Slide 25: Financial calendar
Interim report January – June 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 30 April Annual Report 2023 7 November Interim Report Q3 7 May Interim Report Q1 2024 2025 13 Febr
Slide 26: For more information, please contact
Interim report January – June 2024 | Terranet AB For more information, please contact: The company’s Certified Adviser is: Mangold Fondkommisson AB Magnus Andersson +46 8 503 015 50 CEO ca@mangold.se +46 70,777 85 38 magnus.andersson@terranet.se Dan Wahrenberg CFO +46 70 337 03 46 dan.wahrenberg@terr
Slide 27: Safety at the blink of an eye
Interim report January – June 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 27