Seluxit

Seluxit A/S announces expectations for the financial year 2023/24

25.9.2023 14:07:42 CEST | Seluxit | Company Announcement

Company Announcement No. 59 - inside information

In connection with the preparation of the annual report for 2022/23, the company announces its expectations for revenue and EBITDA for 2023/24. The company expects the revenue to be between DKK 10 and 13 million. The company expects EBITDA to land in the range of DKK -1 million to 2 million. This guidance constitutes inside information.

The revised annual report for 2022/23 will be published on Monday, 25 September 2023.

Daniel Lux, CEO comments:

"We expect 2023/24 to be a year in which we see growth in revenue. Both the educational segment, the energy efficiency segment and our solutions for smart electricity meters are expected to contribute significantly to growth.”

For further information, please contact CEO Daniel Lux.

You can subscribe to our investor newsletter at https://www.seluxit.com/investors and get investor news directly in your mailbox. You can also follow news from Seluxit on

Contacts

Daniel Lux

CEO

Seluxit

info@seluxit.com

John Norden

Certified Advisor

Norden CEF

jn@nordencef.dk

About Seluxit

Seluxit connects things to the internet to optimize systems, save resources and save money. That makes sense for the economy, for the environment and for society.

Seluxit’s unique standards-based approach to IoT reduces development time and development costs, and thereby minimizes risks.That gives our customers a fast path to both saving and earning money, because their solution enters the market quickly.

Our end-to-end IoT solutions create value in many ways including optimizing energy usage, improving service efficiency, and allowing for more effective training.

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