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Zalaris

Earnings Release Oct 24, 2025

3795_rns_2025-10-24_3f25f744-2e3f-4aa1-9af3-cd3ee7aab623.html

Earnings Release

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Zalaris ASA: Record-high revenue and highest Q3 EBIT to date

Zalaris ASA: Record-high revenue and highest Q3 EBIT to date

Zalaris ASA (OSE:ZAL) achieved record-high revenue of NOK 375 million in Q3 and

reported an adjusted EBIT of NOK 47 million, marking the highest level in a Q3

to date.

Reported revenue for the quarter was NOK 374.7million, up 10.3% from NOK 339.7

million in the same quarter last year.

Adjusted EBIT* increased by 27% to NOK 47.0 million, corresponding to a 12.6%

margin for the quarter.

The reported EBIT ended at NOK 39.6 million compared to NOK 31.1 million last

year.

"Q3 2025 stands as a testament to Zalaris' ability to execute, innovate, and

deliver - ahead of schedule. With a strong balance sheet, a growing base of

recurring revenues, and continued investments in technology and talent, we are

well positioned to deliver on our next phase of growth," says Hans-Petter

Mellerud, CEO and founder of Zalaris.

Zalaris will host a streamed management presentation at 08:30 CET today followed

by a Q&A session. The webcast will be available on

zalaris.com (https://zalaris.com/about/investors) or directly on

Teams (https://teams.microsoft.com/l/meetup

-join/19%3ameeting_ZGJlOGRiNGYtMGI3ZS00OTE0LWIyYzAtODUzNWE4ZjI2YzQy%40thread.v2/0

?context=%7B%22Tid%22%3A%22a16eb8e2-803d-4f22-849c

-f3f335a60a39%22%2C%22Oid%22%3A%22bf49dddc-8238-4b99-a279

-e3cd579293a1%22%2C%22IsBroadcastMeeting%22%3Atrue%2C%22role%22%3A%22a%22%7D&btyp

e=a&role=a).

The presentation of the third quarter 2025 financial result and the financial

report are enclosed.

· Zalaris ASA Q3 2025

Presentation (https://cdn.sanity.io/files/w441h7ie/production/9dee1bb093c0e6724d5

993c29fbf149b4c081150.pdf)

· Zalaris ASA Q3 2025

Report (https://cdn.sanity.io/files/w441h7ie/production/44432faa04c3656050b8d212a

848c2ee68796006.pdf)

* Adjusted EBIT and other alternative performance measures (APMs) are defined

and reconciled to the IFRS financial statements as a part of the APM section of

the third quarter 2025 financial report on page 27 to 29.

Contact:

Hans-Petter Mellerud, CEO

Mobile: +47 928 97 276

E-mail: [email protected]

Gunnar Manum, CFO

Mobile: +47 951 79 190

E-mail: [email protected]

About Zalaris

Zalaris is a trusted global provider of cloud-based Payroll and Human Capital

Management (HCM) solutions, helping international organizations streamline HR

processes with efficiency, transparency, and regulatory compliance.

With over 1,200 skilled #teamZalaris members across 18 countries, we support

organizations in more than 150 countries through one unified, cloud-based

platform - Peoplehub. Our mission is to simplify HR and payroll operations by

offering scalable solutions that reduce administrative complexity, ensure

compliance, and provide actionable insights. By enabling businesses to focus on

their people, we empower them to drive strategic growth and create long-term

value.  To learn more, visit zalaris.com.

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements according

to section 5-12 of the Norwegian Securities Trading Act.

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