Interim Report Safeture AB Q2 2023

The second quarter was strong. The annual recurring revenue (ARR) increased 30 % in the quarter compared to last year, bringing the total just short of 50 MSEK ARR. During Q2, we achieved a significant boost in sales and improved our gross margins, all while maintaining a strict expense control. As a result, we see substantial improvements in our bottom line. A quarterly loss of -4.3 MSEK (-48%) one year ago, has been reduced to a loss of -1.6 MSEK (-14%) this year.

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Safeture’s security solution becomes standard for a global company

Safeture’s partner Falck Global Assistance has signed an agreement with a European leader in engineering, design, and advisory services, on a security solution that gives the company’s 19 000 employees access to Safeture’s platform. The order value was approximately SEK 3 million for Safeture during the three-year contract period.

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NOTICE OF ANNUAL GENERAL MEETING IN SAFETURE 2023

The shareholders of Safeture AB (publ) reg. no. 556776-4674 (the “Company”) are hereby summoned to attend the Annual General Meeting (the “AGM”) on 25 May 2023 at 10.00 CEST at the Company’s premises, Kung Oskars väg 11C in Lund. Registration starts at 09.30 CEST.

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Kallelse till årsstämma i Safeture 2023

Aktieägarna i Safeture AB (publ), org.nr 556776-4674, (”Bolaget”) kallas härmed till årsstämma den 25 maj 2023 kl. 10.00 i Safetures lokaler, Kung Oskars väg 11C i Lund. Rösträttsregistrering startar kl. 09.30.

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Continued improved profitability

Safeture started the year by delivering in line with our financial targets. As we have communicated earlier, Safeture aim to have an average sales increase of 30% year-on-year, continuously improved gross margins until we reach +80% and become profitable at an ARR of 65 MSEK. For Q1, sales are up 31 %, annual recurring revenue (ARR) is up 27 %, the gross margin improved from 73% last quarter to 75% in Q1. The steady path to profitability is clearly indicated in the Q1 result, with an improved EBIT margin of -23% compared to -57% one year ago.

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Safeture AB årsrapport 2022 publicerad

2022 var ett omvälvande år, med händelser i vår omvärld som återigen satte fokus på behovet av lösningar som underlättar för verksamheter att vara ansvarsfulla arbetsgivare och skapa trygghet för medarbetarnas i deras vardag. För mig som VD för Safeture blev det ännu tydligare vilken potential vår plattform har.

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Lago Kapital as liquidity provider

Safeture AB (“Safeture” or “Company”) has entered into a Liquidity Providing (LP) agreement with Lago Kapital Ltd. In connection with the agreement for liquidity providing, Agartha AB has agreed to lend 45,000 shares to Lago.

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