Elliptic Laboratories ASA

Report Publication Announcement • Nov 12, 2025

Elliptic Labs: Invitation to Q3 2025 Presentation and Preliminary Q3 revenue of NOK 42.3 million, EBITDA of NOK 12.7 million

Elliptic Labs: Invitation to Q3 2025 Presentation and Preliminary Q3 revenue of NOK 42.3 million, EBITDA of NOK 12.7 million

Oslo, Norway, 12 November 2025 --- Elliptic Labs invites investors, analysts,

media, and other stakeholders to a presentation of its Q3 2025 results on

Thursday, November 20th at 08:00 CET. The presentation will be held by Interim

CEO Ola Sandstad and Interim CFO Mathias Norderud, followed by a Q&A session.

Please use the following link to access the presentation:

https://channel.royalcast.com/landingpage/hegnarmedia/20251120_3/

Elliptic Labs announces today preliminary revenues of NOK 42.3 million for the

third quarter 2025 and an EBITDA of NOK 12.7 million. This represents a

revenue increase of approximately 50% from the third quarter last year, when

the company reported an EBITDA of NOK 0.5 million.

The company has decided to release the main figures early to avoid speculation

tied to the recent leadership transition and has also decided to move the

presentation of the results for the third quarter up by one week to 20

November.

The increase mainly reflects revenue recognition of milestone revenue related

to the previously announced latest contract with Lenovo. As stated in the

financial report and presentation for the second quarter 2025, the company

expected to recognise the majority of the minimum commitment of NOK 55 million

as revenue in the third quarter and the remainders in the fourth quarter.

For further information, please contact:

Ola Sandstad, Interim CEO of Elliptic Labs, ola.sandstad@ellipticlabs.com

Mathias Norderud, Interim CFO of Elliptic Labs,

mathias.norderud@ellipticlabs.com

About Elliptic Labs

Elliptic Labs' AI Virtual Smart Sensor PlatformTM brings contextual

intelligence to devices, enhancing user experiences. Our technology uses

proprietary deep neural networks to create AI-powered Virtual Smart Sensors

that improve personalization, privacy, and productivity.

Currently deployed in over 500 million devices, our platform works across all

devices, operating systems, platforms, and applications. By utilizing

system-level telemetry data to cloud-based Large Language Models (LLMs), the

AI Virtual Smart Sensor Platform delivers the unrivaled capability to utilize

output data from every available data source. This approach allows devices to

better understand and respond to their environment, making technology more

intuitive and user-friendly. At Elliptic Labs, we're not just adapting to the

future of technology -- we're actively shaping it. Our goal is to continue

pushing the boundaries of contextual intelligence, creating more intuitive and

powerful experiences for users worldwide.

Elliptic Labs is headquartered in Norway with presence in the USA, China,

South-Korea, Taiwan, and Japan. The company is listed on the Oslo Stock

Exchange. Its technology and IP are developed in Norway and are solely owned

by the company.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 17. The information was submitted for publication at

2025-11-12 07:15 CET.