Slide 1: Year-end report January – December 2024 | Terranet AB
Year-end report January – December 2024 | Terranet AB 1
Slide 2: Significant events during the quarter
Quarterly Report January – March 2025 | Terranet AB Significant events during the fourth quarter Validation of Proof of Concept together with MobilityXlab partner The validation of the Proof of Concept (PoC) has been completed. Following the installation of BlincVision in the partner’s vehicle and t
Slide 3: Comment from the CEO
Quarterly Report January – March 2025 | Terranet AB Comment from the CEO ”2025 – the year BlincVision shows its value in customer environments” The first quarter was marked by a clear focus on taking the next step in Terranet’s development. With a 2025 plan targeting an MVP for customers in the thir
Slide 4: Patent portfolio, development and financing update
Quarterly Report January – March 2025 | Terranet AB The company currently licenses patents related to of SEK 15 million. The rights issue is being carried the technology we are developing from third out to compensate shareholders who were unable parties, while also continuously strengthening our to
Slide 5: Quarterly Report January – March 2025 | Terranet AB
Quarterly Report January – March 2025 | Terranet AB 5
Slide 6: Statistics and global initiatives drive road safety forward
Quarterly Report January – March 2025 | 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 r
Slide 7: Market potential and BlincVision's competitive advantages
Quarterly Report January – March 2025 | Terranet AB Market potential and BlincVision's competitive advantages In 2023, the global advanced driver assistance 17,2 % systems market (ADAS ) had a turnover of approximately 340 billion SEK. With an expected annual growth rate of 17.20%, the market is pro
Slide 8: Product development of BlincVision
Quarterly Report January – March 2025 | Terranet AB Product development of BlincVision During the first quarter, development efforts focused on two key activities: validation of Proof of Concept in collaboration with a MobilityXlab partner, and the continued development of the prototype into an MVP.
Slide 9: Proof of Concept report from MobilityXlab partner
Quarterly Report January – March 2025 | Terranet AB The Proof of Concept report delivered to our • Delivering core functionalities partner in MobilityXlab identifies areas for Reliable pedestrian detection and the ability to improvement in the system, but also confirms that brake in predefined traff
Slide 10: The share
Quarterly Report January – March 2025 | Terranet AB The share General information Terranet's B-share was listed on Nasdaq First Each share has a nominal value of SEK 0.01. No North Premier on 30 May 2017 and is traded on shares are held by the company itself or its Nasdaq First North Premier Growth
Slide 11: Operations
Quarterly Report January – March 2025 | 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 whereas BlincVision is being developed to ensure Te
Slide 12: Liquidity and accounting principles
Quarterly Report January – March 2025 | Terranet AB approximately SEK 15 million. The unit issues also does not affect the Group’s balance sheet or cash include warrants of series TO9, which, if fully flow. exercised, could bring in an additional SEK 15 million. The Parent Company’s operations consi
Slide 13: Financial overview
Quarterly Report January – March 2025 | Terranet AB Financial overview (Comparison values relates to the same period in 2024) Revenue Revenues for the first quarter amounted to Financial expenses TSEK 0 (380). The financial costs, TSEK 665 (1,263) during the first quarter, mainly related to interest
Slide 14: Cash flow
Quarterly Report January – March 2025 | Terranet AB Cash flow period amounts to 2,182 (2,211) TSEK. Cash flow from operating activities for the first quarter amounted to -9,123 (-7,805) TSEK. The reported value of the group's net loan debt amounted to 8,223 (8,118) TSEK, which entirely Cash flow fro
Slide 15: Key figures
Quarterly Report January – March 2025 | Terranet AB Key figures (Amounts in TSEK unless otherwise indicated) 2025 2024 2024 3 months 3 months 12 months January January January- March March December Undiluted EPS (SEK) -0,01 -0,01 -0,04 Diluted EPS (SEK) -0,01 -0,01 -0,04 Number of shares on balance
Slide 16: Summary consolidated income statement
Quarterly Report January – March 2025 | Terranet AB Summary consolidated income statement (Amounts in TSEK) 2025 2024 2024 3 months 3 months 12 months January January January- March March December Other operating revenue 0 380 283 Activated work for own account 1794 698 3 951 Operating expenses Othe
Slide 17: The Group's summary statement of comprehensive income
Quarterly Report January – March 2025 | Terranet AB The Group’s summary statement of comprehensive income (Amounts in TSEK) 2025 2024 2024 3 months 3 months 12 months January January January- March March December Profit/loss for the period -9 851 -9 346 -39 123 Other comprehensive income -37 -13 -16
Slide 18: Summary consolidated statement of financial position
Quarterly Report January – March 2025 | Terranet AB Summary consolidated statement of financial position (Amounts in TSEK) 2025-03-31 2024-12-31 2024-03-31 ASSETS Fixed assets Intangible fixed assets Capitalised development costs 22 627 20 833 17 580 Patents and trademarks 2 182 2 211 1 986 Property
Slide 19: Summary consolidated statement of changes in equity
Quarterly Report January – March 2025 | Terranet AB Summary consolidated statement of changes in equity (*) Attributable to the parent company’s shareholders (Amounts in TSEK) 2025-03-31 2024-12-31 2024-03-31 Opening balance 28 735 28 749 28 749 Profit/loss for the period -9 851 -39 123 -9 346 Other
Slide 20: Summary consolidated cash flow statement
Quarterly Report January – March 2025 | Terranet AB Summary consolidated cash flow statement (Amounts in TSEK) 2025 2024 2024 3 months 3 months 12 months January January January- March March December Operating activities Operating profit/loss -9 176 -8 281 -35 808 Adjustments for items not included
Slide 21: Summary parent company income statement
Quarterly Report January – March 2025 | Terranet AB Summary parent company income statement (Amounts in TSEK) 2025 2024 2024 3 months 3 months 12 months January January January- March March December Net sales 1 045 1 045 5 208 Other operating income 3 0 0 Operating expenses Other external expenses -
Slide 22: Summary parent company balance sheet
Quarterly Report January – March 2025 | Terranet AB Summary parent company balance sheet (Amounts in TSEK) 2025-03-31 2024-12-31 2024-03-31 ASSETS Financial assets Shares in group companies 57 011 57 011 57 011 Other long-term securities 5 430 5 430 5 430 Total fixed assets 62 441 62 441 62 441 Curr
Slide 23: Note 1 Equity
Quarterly Report January – March 2025 | Terranet AB Not 1 Equity shares and five (5) warrants of series TO9 B. The subscription price Warrant program 2022/2025:1 per unit was SEK 2.97, equivalent to SEK 0.09 per share. The 2022 Annual General Meeting decided to introduce incentive program 2022/2025:1
Slide 24: Financial calendar
Quarterly Report January – March 2025 | Terranet AB Financial calendar 2025 19 February Year-end Report 2024 23 May AGM 2025 25 April Annual report 2024 21 August Quarterly Report Q2 2025 19 May Quarterly Report Q1 2025 6 November Quarterly Report Q3 2025 2026 12 February Year-end Report 2024 This r
Slide 25: For more information, please contact
Quarterly Report January – March 2025 | Terranet AB For more information, please contact: Lars Lindell The company’s Certified Adviser is: CEO Mangold Fondkommisson AB +46 72 583 84 28 +46 8 503 015 50 lars.lindell@terranet.se ca@mangold.se This information is information that Terranet AB (publ) is o
Slide 26: Quarterly Report January – March 2025 | Terranet AB
Quarterly Report January – March 2025 | Terranet AB 26