TalkPool AG: Talkpool presents its Q3 interim report 2024

In the third quarter of 2024, Talkpool started to grow after several years of successful turnaround with improving profit margins, reduced debt and a sharper focus. New technologies such as Artificial Intelligence and telecom Apps open opportunities for growth.

Jul 1st - sep 30th 2024 Net sales of EUR 4 128 thousand (compared to EUR 3 749 thousand in Q3 2023) EBITDA of EUR 523 thousand (564) and EBITDA margin of 12.7% (15.0%) EBIT of EUR 480 thousand (530) and EBIT margin of 11.6% (14.1%) Net Earnings After Tax of EUR 147 thousand (307) and net EAT margin of 3.6% (8.2%) Jan 1st - Sep 30th 2024 Net sales amounted to EUR 11 787 thousand (compared to EUR 11 333 in 2023) EBITDA of EUR 1 328 thousand (1 158) and EBITDA margin of 11.3% (10.2%) EBIT of EUR 1 198 thousand (1 050) and EBIT margin of 10.2% (9.3%) Net Earnings After Tax of EUR 463 thousand (712) and EAT margin of 3.9% (6.3%)

July - September key developments

• The overall results from June to September 2024 clearly exceeded Talkpool's internal expectations. Operational performance continued close to all-time high levels. The companies in Germany and Switzerland overperformed whereas the Pakistani business continued to underperform in the third quarter.
• A decision to initiate conversion of loans amounting to approximately EUR 465'000 into 877'482 shares was initiated. After completing the conversion, this will result in a EUR 465'000 reduction of debt for Talkpool AG and an increase of issued shares from 6'778'097 to 7'655'579 shares.
• Talkpool intensified contacts with clients, partners and advisors in an iterating work to find its path in the next years. The board of directors met for a September strategy work-shop in which several groundbreaking changes for Talkpool's industry were discussed. On the 30th of September, Talkpool's board of directors published a financial summary and a first indicative guidance to shareholders of the upcoming growth plans.

For more information, please contact:

Magnus Sparrholm, CEO

[e-mail], [phone]

About: Talkpool provides network planning, integration and managed services to telecom networks globally. With its cutting-edge technical expertise, Talkpool offers network operators and communication providers high-quality services to build, improve, and maintain their networks.

Certified Advisor: G&W Fondkommission

This report contains insider information that Talkpool AG is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 08:30 o'clock Central European Time on Thursday the 28^th of November 2024.