Qt Group Oyj — M&A Activity 2021

Apr 14, 2021

The Qt Group provides additional financial information on the acquisition of the business operations of froglogic GmbH

The Qt Group provides additional financial information on the acquisition of the business operations of froglogic GmbH

Stock Exchange Release April 14, 2021 2:00 pm (EEST)

With the stock exchange release of April 13, 2021, Qt Group announced that is
has acquired all the shares in Germany-based froglogic GmbH. The Qt Group
supplements the financial information regarding the acquired entity with the
following information:

· Revenue 2020: EUR 6.5 million (2019: EUR 6.4 million)
· Earnings before interests and taxes (EBIT) 2020: EUR 2.7 million (2019: EUR
2.7 million)
· EBIT - margin 2020: 41.3% of revenues (2019: 42.6% of revenues)
· Trade receivables 31.12.2020:  EUR 0.5 million (2019: EUR 0.6 million)
· Cash & equivalents 31.12.2020:  EUR 2.4 million (2019: EUR 3.0 million)
· Total Assets 31.12.2020: EUR 3.2 million (2019: EUR 3.8 million)

Further information

Juha Varelius, CEO, tel. +358 9 8861 8040

DISTRIBUTION
NASDAQ Helsinki
Key media
www.qt.io

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