CRETURNER GROUP AB (publ)

Figures in brackets are comparative figures for the same period in 2023

Full Year and Fourth Quarter 2024 Group 1 October - 31 December 2024

• IT. The digital side underperformed in late 2024 and early 2025 and overall remains extremely volatile.
  We have started a major change of direct main partners in the HPC market which will be finalised in March 2025.

The company is developing a project to implement a major transformation with a foreign partner specialising in data centres.

The HPC market is changing and growing, characterised in news terms by many large companies' grandiose investment newsflashes, but the transition in practice to inference market growth is slow. The strategy that results drive continues to lead us forward.

• Environment. The company has definitely noticed in dialogues with private actors how clearly the issue has gained traction at the highest level and is increasingly treated as an opportunity. The EU rules, which are driving this, have also been announced to be further tightened, probably on an annual basis, thus increasing the impact on even more companies, in addition to the impact that is already indirectly happening today through the requirements on subcontractors. We are witnessing a shift, not a temporary trend.

• Finance. Debt side - a refinancing of the remaining amount is ongoing. Liquidity is strained. Debt has decreased significantly over the full year 2024
  
• Environment and Finance - Reversed Impairment. The development of increasingly strong market-driven trends in environmental technology has led to a renewed assessment, resulting in a reversal of the previous decision in Q3 to recognise an impairment loss of SEK 12m (20%). Overall, uncertainty has reduced with regard to actual behaviour in Europe to such an extent that it completely offsets the politically conditioned influence of the North American continent, where leading commercial players also continue to act strongly in a positive manner.

Group
Q4
Turnover: 13.5 million (6,1)
Profit before amortisation Q4 +7.9 million (+13,7)
Result after depreciation Q4 -3.3 (+7,4)
Revenue for the quarter increased by 221% to SEK 13.5 million

Full year
Turnover: 25.5 million (14,8)
Profit before amortisation Full year +13.8 million (+22,2)
Result after amortisation Full year -14.2 million (-0,9)

Earnings per share for the period Q4 -0.05 SEK
Earnings per share Full year -0.19 SEK

Financial reports
The complete quarterly report for the period is available on the company's website www.creturner.com
It is available in three languages, Swedish, German and English.

Financial calendar
Q1: 30 May 2025
Annual report 2024: 10 June 2025
Annual General Meeting 2024: 30 June 2025
Q2: 29 August 2025
Q3: 28 November 2025

***

Creturner Group AB is a group with two business areas in environmental technology.
The digital part is a technical computing business that is expanding to strengthen its long-term potential and create a presence in the fast-growing high-performance computing (HPC) market. The company has its own facilities in Sweden with low-cost energy production to reduce raw material costs and environmental impact.
The environmental part offers corporate customers an efficient and permanent method to offset their activities. The method is based on BCR (Biochar Carbon Removal), which involves converting residual biomass into the element carbon and storing it to reduce the amount of carbon dioxide in the atmosphere. Corporate customers of Creturner can then purchase carbon offsets in the same way they traditionally offset for climate change, for example by planting trees. Unlike tree planting, Creturner's approach is immediate, permanent and clearly measurable. Monitoring is done through linked smart contracts that give the customer insight into the results and future financial return of the environmental investment. www.creturner.com

Creturner is listed on NGM Nordic SME in Stockholm and on the Stuttgart Stock Exchange in Germany.

Contact details
For further information please contact:
Daniel Moström, CEO of Creturner Group AB (publ) on +46-70-744 69 01
or via email, daniel.mostrom@Creturner.com
Address: Taptogatan 6, 115 27 STOCKHOLM, Sweden
www.creturner.com
Creturner Group AB (publ) org: 559152-3013