Kvartalsrapport Q1 2024

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Interim 
Financial Report 
Q1 2024
January 1 - March 31, 2024

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2
Content
Highlights
Q1 2024 summary............................................................................ 3
Key figures and ratios........................................................................5
Business review
Financials...........................................................................................6
ESG.................................................................................................. 11
Outlook............................................................................................13
Other information............................................................................14
Financial statements
Consolidated financial statements.................................................16
Accounting notes............................................................................ 20
Parent company financial statements............................................23
Additional information
Definitions of financial performance measures............................. 26
Financial calendar...........................................................................27
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _3
Q1 2024 summary
• Net revenue increased 6% to SEK 1,614 million (Q1 2023: 1,525), driven by both Boozt.com (+4%) and Booztlet.com (+13%)
• Average order value on Boozt.com increased to SEK 964 (935) , an increase of 3% vs Q1 2023
• Gross margin was 38.9%% up from 38.5% in Q1 2023
• Adjusted EBIT was SEK 20 million (17) corresponding to an adjusted EBIT margin of 1.2% (1.1%)
• EBIT was SEK -3 (-2) corresponding to an EBIT margin of -0.2% (-0.2%)
• Net profit for the period was SEK 2 million (-5)
• Free cash flow was SEK -685 million (-731)
• During the first quarter, Boozt repurchased own shares to the value of SEK 98 million (0)
• Outlook for 2024 is unchanged at 5-15% net revenue growth and an adjusted EBIT margin of 5.2-6.0%.
Outlook 2024 As of 8 February , 2024 Reported, FY 2023
Revenue growth 5-15% 15%
Adjusted EBIT margin 5.2-6.0% 5.2%
SEK million unless otherwise indicated Q1 2024 Q1 2023 Change Rolling 12 months
GROUP
Net revenue 1,614 1,525 6% 7,845
EBIT -3 -2 -16% 299
Adjusted EBIT 20 17 17% 403
Earnings for the period 2 -5 n.a. 241
Free cash flow -685 -731 6% 52
Net revenue growth (%) 5.9% 7.1% -1.2pp 14.6%
Gross margin (%) 38.9% 38.5% 0.4pp 39.3%
EBIT margin (%) -0.2% -0.2% -0.0pp 3.8%
Adjusted EBIT margin (%) 1.2% 1.1% 0.1pp 5.1%
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _4
— While market conditions remains 
challenging going into 2024, I am 
encouraged by our performance in 
the first quarter of the year. 
In this environment, we managed 
to improve revenue in all our major 
markets. This was achieved despite 
limited access to campaign buys, 
which was a strong contributor to 
the first quarter last year, and 
also the timing of Easter having a 
negative impact. 
Our Nordic Department store KPIs 
remain strong - the average order 
value continues to increase on 
both Boozt.com and Booztlet.com, 
while around 51% of our customers 
now buy from more than one 
product category.
HERMANN HARALDSSON, CEO AND CO-FOUNDER
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _5
Key figures and ratios
SEK million unless otherwise indicated Q1 2024 Q1 2023 Change Rolling 12 months
GROUP
Net revenue 1,614 1,525 6% 7,845
Net revenue growth (%) 6% 7% -1pp 15%
Gross profit 627 586 7% 3,079
Gross margin (%) 38.9% 38.5% +0.4pp 39.3%
Fulfilment cost ratio (%) -11.6% -12.1% +0.5pp -10.6%
Marketing cost ratio (%) -10.0% -10.0% -0.0pp -10.3%
Admin & other cost ratio (%) -13.3% -12.5% -0.8pp -11.3%
Depreciation cost ratio (%) -4.1% -4.0% -0.1pp -3.3%
Adjusted admin & other cost ratio (%) -11.9% -11.2% -0.7pp -10.0%
EBIT -3 -2 -16% 299
EBIT margin (%) -0.2% -0.2% -0.0pp 3.8%
Adjusted EBIT 20 17 17% 403
Adjusted EBIT margin (%) 1.2% 1.1% +0.1pp 5.1%
Earnings for the period 2 -5 n/a 241
Earnings per share (SEK) 0.04 -0.08 n/a 3.65
Earnings per share after dilution (SEK) 0.04 -0.07 n/a 3.50
Adjusted earnings per share (SEK) 0.31 0.16 96% 4.91
Adjusted earnings per share after dilution (SEK) 0.30 0.15 96% 4.70
Net working capital 993 664 50% 993
Net working capital as share of net revenue (%) 12.7% 9.7% +3.0pp 12.7%
Free cash flow -685 -731 6% 52
Net debt / -net cash -236 -456 48% -236
Number of employees end of period 1,160 1,187 -2% 1,160
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _6
Financials
Income statement and cash flow items are compared with the 
corresponding year-earlier period. Balance sheet items refer to 
the position at the end of the period and are compared with the 
corresponding year earlier end of period, meaning March 31, 2023. 
The first quarter refers to the period January - March 2024.
Net revenue
For the first quarter, net revenue increased 6% (also 6% in local 
currency) to SEK 1,614 million (1,525).
Market conditions in the quarter remained difficult with continued 
low consumer confidence and a high promotional activity. This, 
combined with a limited access to campaign buys compared with 
Q1 2023 as well as Q4 2023, had a significant impact on growth 
for the quarter. Finally, the timing of Easter had a negative impact 
on revenue growth for the quarter of roughly 2 percentage points. 
This will have the reverse effect on revenue growth for Q2 2024. 
The Easter weekend is traditionally not a high selling period and in 
2024, Easter was in Q1 as opposed to Q2 in 2023.
The challenging environment mainly impacted January, with 
sales improving in February and March. The improvement over 
the quarter was achieved despite limited support from the 
weather, which, as in Q1 2023, has delayed sales of the Spring/
Summer collection.
Growth was mainly driven by an increase in the average order 
value (AOV) on Boozt.com and Booztlet.com, which increased to 
SEK 964 (935) and SEK 979 (920), respectively, corresponding to 
increases of 3% and 6%. Additionally, Booztlet was supported by a 
significant increase in active customers in the quarter (+13%). The 
improvements in AOV was supported by an increase in customers 
putting more than one category in the basket further validating 
Boozt’s Nordic Department Store strategy. In Q1 2024, 51% of 
customers bought from more than one category compared with 
50% in Q1 2023.
Revenue growth in Q1 2024 was driven by both Boozt.com 
and Booztlet.com, which increased revenue with 4% and 
13%, respectively.
Other revenue
Other revenue (included in revenue from Boozt.com and 
Booztlet.com) in the quarter was SEK 73 million (49), an increase 
of 49% compared with the same quarter last year. Growth 
was mainly driven by revenue from Boozt Media Partnership 
(BMP) as well as the newer division Boozt Data Intelligence 
(BDI), which was established in Q2 2023. BDI supports brand 
partners with valuable insights into customer behaviour and 
product performance.
Other revenue includes revenue not directly related to product 
sales, such as income from Boozt Media Partnership, Boozt Data 
Intelligence, BooztPay and breakage from gift cards.
Net revenue geographical split
Revenue in the Nordics was SEK 1,429 million (1,396) in 
the quarter and increased 2% compared with the same quarter 
last year. Growth in the Nordics slowed down compared to 
previous quarters. This was driven by most markets in the region, 
which was impacted by the headwinds mentioned above.
Revenue in the Rest of Europe was SEK 185 million (128) and 
increased 44% for the quarter. The increase was driven by a very 
strong performance in the region for both Boozt.com (+48%) and 
Booztlet.com (+36%), which was mainly driven by Germany.
Denmark and Sweden remain Boozt’s largest markets and 
represented 35% and 34%, respectively, of net revenue in Q1 
2024.
SEK million Q1 2024 Q1 2023 Change Rolling 12 months
Nordics 1,429 1,396 2% 7,110
- of which Denmark 540 531 2% 2,713
- of which Sweden 526 515 2% 2,551
Rest of Europe 185 128 44% 735
Total net revenue 1,614 1,525 6% 7,845
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _7
Gross profit
Gross profit increased 7% to SEK 627 million (586) in the quarter. 
The gross margin was 38.9% (38.5%) and up +0.4pp compared 
with the same quarter last year. The increase was mainly driven by 
a higher share of revenue from Other revenue, which has a gross 
margin close to 100%. The improvement was partially offset by 
the conversion of a previous agent agreement into a wholesale 
agreement (done in Q2 2023), which had a negative impact of 0.9 
percentage points in the quarter.
The quarter remained high on promotional activity, mainly due to 
the January sale, however, the level of promotion was broadly in 
line with the same quarter last year.
Operational costs
Productivity improvements continue to support the fulfilment cost 
ratio and in Q1 2024 the ratio declined 0.5pp compared with Q1 
2023 to 11.6% (12.1%). The improved ratio was driven by a highly 
competitive distribution setup with a more disciplined effort to 
guide customers to the optimal carrier from a cost and service 
perspective. Additionally, improvements continued to materialise 
at the fulfilment center driven by productivity gains supported by 
strong cost control. Finally, the fulfilment ratio continues to benefit 
from the increase in average order value.
The marketing cost ratio for the quarter was on par with the 
same quarter last year at 10.0% (10.0%). Boozt continues to 
gain benefits from lower cost-per-click in the Nordic market. The 
company aims to continue a high marketing spend to attract new 
customers along with further efforts to build Boozt as a household 
brand in the Nordics via offline marketing efforts.
The adjusted admin and other cost ratio increased with 0.8pp 
to 13.3% (12.5%). The increase was mainly due to an increase 
in white collar workers from around 580 FTEs at the end of Q1 
2023 to around 650 FTEs at the end of Q1 2024. The number of 
total employees are sligthly down compared with last year. This 
was mainly driven by productivity gains in the fulfilment center, 
as well as a shift from part time to full time employees at the 
fulfilment center.
The deprecation cost ratio for the quarter was in line with last year 
at 4.1% (4.0%).
As per January 2023, the latest expansion of the automated 
warehouse capacity was taken into operation increasing 
depreciations and we expect to gradually grow into the current 
excess capacity over the next couple of years.
Adjusted EBIT
In Q1 2024, adjusted EBIT increased 17% compared with last 
year to SEK 20 million (17). The adjusted EBIT margin increased 
0.1 percentage point to 1.2% (1.1%). The improvements in 
the gross margin and the fulfilment ratio were largely offset by 
the increase in the adjusted admin and other cost ratio.
Total adjustments in the quarter amounted to SEK 23 million (19). 
The adjustments for the quarter was all related to share-based 
payments.
Costs related to share-based payments fluctuate between periods 
as the probability of the number of performance shares under 
the programs are dynamic. Also, the provision for social charges 
are determined by the company's share price.
For a reconciliation of adjusted EBIT, please visit the Group’s 
website www.booztgroup.com/reports-and-presentations, “Q1 
Report 2024” – “Financial data”.
EBIT
EBIT declined 16% to SEK -3 million (-2) in Q1 2024 
corresponding to an EBIT margin of -0.2% (-0.2%), unchanged 
compared with the same quarter last year.
Financial items
Net financial items for the quarter totalled SEK -5 million (-3). 
Financial income amounted to SEK 7 million (6) in Q1 2024, and 
was mainly related to positive interests on the company’s cash 
position. Financial expenses were SEK -11 million (-9) of which 
SEK -7 million (-7) were related to interest on loans for financing 
the expansion of AutoStore and SEK -5 million (-2) were related to 
interest on leasing contracts according to IFRS 16.
Tax
Tax for Q1 2024 had a net positive effect and amounted to SEK 
10 million (1). The Group’s effective tax rate for the period was 
-131.3% (-15.2%). During the quarter, the Group reports 
a positive tax effect of SEK 9 million regarding previous years' 
taxation. The effect is related to a tax benefit, which relates to an 
investment grant received in 2021 during COVID.
Profit for the period
Profit for the first quarter totalled SEK 2 million (-5) resulting in 
earnings per share before dilution of SEK 0.04 (-0.08). Earnings 
per share after dilution amounted to SEK 0.04 (-0.07).
Net Working capital
Net working capital at the end of Q1 2024 was SEK 993 million 
(664) equivalent to 12.7% (9.7%) of net revenue for the 
last 12 months. The absolute increase was mainly due to an 
increase in inventory. The increase in net working capital as a 
percentage of revenue compared with Q1 2023 was mainly due to 
accounts payable.
Inventory as a percentage of revenue was unchanged at 33.1% 
(33.0%) compared with Q1 2023, while inventory in absolute 
terms increased to SEK 2,597 million (2,260). The absolute 
increase was mainly related to the decision to expand and 
improve the offering on Booztlet.com during 2023. Finally, the 
aforementioned conversion of an agent agreement to a wholesale 
agreement during Q2 2023 increased inventory with roughly SEK 
40 million.
Accounts payable increased to SEK 1,397 million (1,302) at the 
end of Q1 2024. However, as a percentage of net revenue for the 
last 12 months it declined to 17.8% compared with 19.0% at the 
end of Q1 2023.
Accounts receivable was SEK 55 million (33) at the end of the 
period corresponding to 0.7% (0.5%) of net revenue for the last 
12 months.
Share of net revenue Q1 2024 Q1 2023 Change Rolling 12 months
GROUP
Gross margin 38.9% 38.5% 0.4pp 39.3%
Fulfilment cost ratio -11.6% -12.1% 0.5pp -10.6%
Marketing cost ratio -10.0% -10.0% -0.0pp -10.3%
Adjusted Admin and Other cost ratio -13.3% -12.5% -0.8pp -11.3%
Depreciation cost ratio -4.1% -4.0% -0.1pp -3.3%
EBIT margin -0.2% -0.2% -0.0pp 3.8%
Adjusted EBIT margin 1.2% 1.1% 0.1pp 5.1%
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _8
Cash flow
Cash flow for the period amounted to SEK -776 million compared 
with SEK -814 in Q1 2023. The slight improvement was mainly 
due to cash flow from operations. Free cash flow also slightly 
improved for the quarter to SEK -685 million (-731).
Cash flow from operations
Cash flow from operating activities amounted to SEK -588 million 
(-697) in the quarter. The improvement compared with last year 
was due to less impact from changes in net working capital, mainly 
related to accounts payables.
Cash flow from investments
Cash flow from investing activities amounted to SEK -97 million 
(-34). The increase was due to investments in fixed assets 
increasing to SEK -70 million (-10). The investments was mainly 
related to the fulfilment center in Ängelholm, where installation of 
transfer cells was initiated during the quarter. These will connect 
the three AutoStore installations and enable automation of 
consolidation of orders. The transfer cells will be fully operational 
from end of October this year and provide both cost savings and 
increased output capacity.
Cash flow from investments in intangible assets was SEK 
-26 million (-24) and mainly related to investments in the 
IT infrastructure.
Cash flow from financing
Cash flow from financing activities amounted to SEK -91 million 
compared with SEK -83 million in Q1 2023. Repayments of loans 
(mainly related to the AutoStore expansion in 2022) declined to 
SEK -24 million (-119). However, this was more than offset by 
repurchase of own shares as part of the ongoing share buyback 
program. During the first quarter, Boozt repurchased own shares 
to the value of SEK 98 million (0).
Cash position
At the end of Q1 2024, the Group had a net cash position of SEK 
236 million compared with SEK 456 million at the end Q1 2023. 
The net debt / net cash excludes leasing liabilities.
Cash and cash equivalents decreased to SEK 687 million (965), 
driven among other things by the repurchase own shares for SEK 
187 million (0) in total during the last 12 months as part of the 
Company's share buyback program.
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _9
Boozt.com
Net revenue
In Q1 2024, net revenue from Boozt.com was SEK 1,335 million 
(1,279), corresponding to an increase of 4% (also 4% in 
local currency).
Revenue growth was mainly driven by a continued improvement 
of the average order value, which increased to SEK 964 (935), 
corresponding to an increase of 3%. The increase was mainly 
driven by an increase in customers shopping across more than 
one category.
Number of active customers on Boozt.com, which is defined as 
customers shopping in the last 12 months, increased to 2.7 million 
compared with 2.5 million in the same period last year. However, 
the increase was mainly driven by the strong uptake of customers 
during the fourth quarter last year. The number of customers 
shopping at Boozt.com in Q1 2024 isolated was largely unchanged 
compared to the first quarter last year.
Revenue in the Nordics increased 1%, while revenue from the 
Rest of Europe was up 48%. The increase in the Nordics was 
supported by a good development in Finland and Iceland, while 
revenue in Sweden slightly declined (-2%) impacted by the low 
consumer confidence in the country. In the Rest of Europe, the 
Baltics continues to perform well, driven by continuous focus 
on the three countries. Furthermore, the region was supported 
by an improvement in sales in Germany. Following several 
adjustments on Boozt.com in Germany, which has shown great 
results, including implementation of return fees, investments in 
the country have increased.
True frequency was 6.9 (6.9) with cohorts displaying encouraging 
buying patterns despite the ongoing pressure on consumers' 
disposable income. Customer satisfaction remained at a high level 
as shown by a Trustpilot score of 4.5 (4.5) and a Net Promoter 
Score of 77 (75).
Adjusted EBIT and EBIT
Adjusted EBIT declined to SEK 13 million (22) in the quarter, while 
the adjusted EBIT margin decreased 0.8pp to 0.9% (1.7%). 
The margin decline was mainly due to the higher share 
of administrative costs mentioned on page 7.
The adjustment in the quarter amounted to SEK 19 million (16) 
and consisted of costs related to share-based payments.
EBIT for the quarter declined to SEK -6 million (6) corresponding 
to an EBIT margin of -0.5% (0.4%).
SEK million unless otherwise indicated Q1 2024 Q1 2023 Change Rolling 12 months
Boozt.com
Net revenue 1,335 1,279 4% 6,505
EBIT -6 6 n/a 227
EBIT margin (%) -0.5% 0.4% -0.9pp 3.5%
Adjusted EBIT 13 22 -42% 316
Adjusted EBIT margin (%) 0.9% 1.7% -0.8pp 4.9%
No. of orders (000) 1,273 1,297 -2% 6,371
True frequency 6.9 6.9 0% 6.9
Average order value (SEK) 964 935 3% 953
Active customers (000) 2,691 2,508 7% 2,691
No. of orders per active customer 2.37 2.38 -1% 2.37
SEK million Q1 2024 Q1 2023 Change Rolling 12 months
Boozt.com - Net revenue
Nordics 1,201 1,188 1% 5,997
- of which Denmark 464 460 1% 2,331
- of which Sweden 424 432 -2% 2,084
Rest of Europe 134 91 48% 508
Total net revenue 1,335 1,279 4% 6,505
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 0
Booztlet.com
Net revenue
Booztlet net revenue in Q1 2024 was SEK 279 million (246) 
corresponding to an increase of 13% compared with the same 
quarter last year (also 13% in local currency).
As was the case in H2 2023, Booztlet.com has continued to 
benefit from the changes made to the site in Q2 2023. As part 
of the updated strategy to refine the outlet to become more 
than mainly a clearance channel for the Group, the offering on 
Booztlet was expanded to include more categories (Sports, Beauty 
and Home) as well as more never-out-of-stock (NOOS) products. 
The improved results were achieved despite a continuous highly 
promotional market as well as the impression that the more 
price-conscious customer (targeted by Booztlet) has experienced 
a more notable relative decline in disposable income. The latter 
is evident from the increasing number of customers who have 
reduced their shopping frequency.
Revenue from the Nordics was SEK 228 million (209) and 
increased 9% compared with Q1 2023, while the Rest of Europe 
experienced a growth of 36% to SEK 51 million (37) following 
increased focus on the region for Booztlet.com.
The number of active customers on Booztlet.com increased 13% 
in Q1 2024, showing that the improvements done on Booztlet.com 
in the second quarter continues to attract new customers. The 
average order value for the quarter was SEK 979 (920) and 
increased 6% compared to the same quarter last year. The 
positive developments are mainly driven by an increased number 
of items per basket supported by the broader assortment on the 
site following the updated strategy.
Finally, as a natural consequence of the new strategy for Booztlet, 
including a broader and deeper offering on the site, inventory has 
increased. This impacts the Group’s net working capital negatively 
but is a prerequisite to drive the higher growth rates for Booztlet. 
However, the majority of the investment in inventory relates to 
NOOS and campaign stock which has a lower inventory risk than 
in-season stock.
Adjusted EBIT and EBIT
Adjusted EBIT amounted to SEK 7 million (-5) in the quarter, and 
the adjusted EBIT margin increased to 2.6% (-2.0%). The increase 
in profitability was mainly driven by the higher revenue combined 
with the increase in average order value.
The adjustment in the quarter amounted to SEK 4 million (3) and 
consisted fully of costs related to share-based payments.
EBIT for the first quarter improved compared to last year to SEK 
3 million (-8) corresponding to an EBIT margin of 1.1% (-3.3%).
SEK million Q1 2024 Q1 2023 Change Rolling 12 months
Booztlet.com
Net revenue 279 246 13% 1,340
EBIT 3 -8 n/a 72
EBIT margin (%) 1.1% -3.3% 4.4pp 5.4%
Adjusted EBIT 7 -5 n/a 87
Adjusted EBIT margin (%) 2.6% -2.0% 4.6pp 6.5%
No. of orders (000) 274 258 6% 1,340
Average order value (SEK) 979 920 6% 967
Active customers (000) 847 748 13% 847
No. of orders per active customer 1.6 1.7 -5% 1.6
SEK million Q1 2024 Q1 2023 Change Rolling 12 months
Booztlet.com - Net revenue
Nordics 228 209 9% 1,113
- of which Denmark 76 71 7% 382
- of which Sweden 102 83 23% 468
Rest of Europe 51 37 36% 227
Total net revenue 279 246 13% 1,340
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 11 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 1
ESG
As the Nordic Department Store, we are dedicated to delivering 
a great shopping experience to our customers. In this pursuit, 
sustainability is a crucial building block for our long-term business 
success, ensuring that we meet the needs of our stakeholders. 
With the help of a clear vision and strategy, we intend to amplify 
our efforts and share best practices that can influence a more 
sustainable industry.
Care-For strategy
The sustainability Care-For strategy is the roadmap for how to 
become the leading e-commerce company in the Nordics. To 
cement our efforts across the relevant areas in alignment with 
our commitment to the ongoing B Corp certification, Boozt's 
efforts are focused on four dimensions: Environment, Employees, 
Community and Governance. Within each dimension, Boozt is 
working with three goal areas and has set targets to support 
the sustainability Care-For strategy. Progress on goal areas and 
targets can be found on page 12, ‘Development per goal area’.
CSRD and ESRS Implementation
Boozt is committed to continuous improvement in its sustainability 
practices. Over the past two years, Boozt has consistently 
reported on selected ESG KPIs and highlights on a quarterly 
basis. With the recent shift in the legislative landscape with the 
upcoming Corporate Reporting Sustainability Reporting Directive 
(CSRD) regulation and its European Sustainability Reporting 
Standards (ESRS), Boozt is adapting to embrace stricter, unified 
standards that will ultimately drive meaningful change within the 
industry. While Boozt’s quarterly reporting undergoes changes to 
align with the upcoming CSRD and ESRS regulations, stakeholders 
will stay informed about Boozt's ongoing ESG initiatives and 
projects through the section ‘Development per goal area’.
Boozt is actively preparing for the new CSRD and ESRS 
regulations. In terms of completed steps and milestones, Boozt 
initiated the implementation journey in 2023, by deciding to add 
the ESRS solution for enhanced management and reporting into 
the ESG software Position Green. Boozt completed the impact 
perspective as part of the Double-Materiality assessment. This 
step involved a comprehensive evaluation of Boozt's business 
context, value chain, and reporting scope, followed by stakeholder 
engagement and research to define material topics and data 
priorities. This step laid the groundwork for identifying and 
assessing Boozt’s material topics and reporting scope. Boozt 
conducted a gap analysis to identify material topics, and areas for 
improvement and define data collection priorities. The next step is 
to assess the financial perspective with key internal stakeholders. 
Currently, Boozt is setting up the data management system 
for ESRS. This involves incorporating the full ESRS framework, 
encompassing over 1,000 data points according to the material 
topics, allowing data collection testing. Boozt will continue to 
report on the progress of the CSRD implementation in the 
Q2 report.
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 12 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 2
Development per goal area
Environment
 
Reducing GHG emissions
• At the beginning of 2024, Boozt has submitted 
science-based targets to the SBTi and is currently 
waiting for validation. Once validated, the targets 
will be publicly accessible on Boozt's website: 
www.booztgroup.com/environment
Minimising resource use
• As a part of Boozt project to assess the impacts and 
opportunities for biodiversity when constructing a new 
warehouse, a stakeholder engagement workshop was held 
in January in collaboration with Catena. The purpose of the 
workshop was to create a dialogue with the local community 
regarding the project area, its ecological and the social 
impact of the construction on the community.
Driving responsible production
• Launch of Boozt Claim Intelligence, a tool designed to 
provide partner brands with important insights about 
claims. These insights enable a more proactive approach 
to product quality and customer satisfaction. With the tool, 
brands can share complaint data with their manufacturers 
to improve and ensure increased transparency and 
knowledge throughout the entire production chain.
Employees
 
Engaging & Healthy work environment
• High employee engagement with an aggregated 
participation rate of 85% in Boozt’s monthly employee 
survey. The resulting Employee Net Promoter Score 
(eNPS) has improved significantly to a score of 70 (Q1 
2023: 57).
Shaping employee development
• Introducing the Peer Review: An initiative to strengthen 
Boozt’s feedback culture. Employees will have the 
opportunity to request feedback from their peers. This 
is a great way to learn and get feedback from colleagues.
Community
 
Empowering customers
• Boozt has implemented the latest criteria across the 
department store resulting in a smaller product assortment 
included in the Made With Care shop. This is part of Boozt Care-
For's strategy to engage suppliers towards stricter sustainability 
data requirements and build consumer confidence.
Involving Community
• Boozt is carrying out a consulting business case with four MBA 
students from the USC Marshall School of Business (University 
of Southern California) focused on piloting the integration of the 
Re-ZIP Circular packaging into Boozt's logistics flow. The results 
of the business case will be presented at the end of April.
Engaging Suppliers
• Higg BRM 2023: Joint Action for the third year, Boozt 
is collaborating with Cascale (formerly Sustainable Apparel 
Coalition) to onboard brands to the Higg BRM Module requesting 
standardised supply chain data. 
• Boozt has requested environmental and social certifications 
on a product level to 60% of its Brand Partners for eligibility 
to the Made With Care shop. This is part of Boozt's 
commitment to a data-driven and proactive approach to 
mitigate greenwashing risk.
• Boozt worked on the development of a ESG supplier scorecard 
as set in the Care-For target to integrate ESG performance in 
purchasing decisions by 2024. Boozt is engaging with internal 
and external stakeholders to ensure successful implementation.
 
Governance
 
Accelerating transparency
• Boozt published the Annual and Sustainability Report 
for 2023 including the ESG Data Summary presenting 
approximately 160 KPIs across the areas Environment, 
Employees, Community and Governance. Find the full 
report here.
• Boozt scored B- in CDP’s Supplier Engagement Rating 
(SER). B- is on the Management band and higher than 
the Europe regional average of C, and the same as 
the Discretionary retail sector average of B-. CDP’s 
annual Supplier Engagement Rating (SER) is designed 
to evaluate and spur action on corporate supply chain 
engagement on climate issues, based on the CDP climate 
change questionnaire.
Mitigating risks
• First Limited Assurance of the full Sustainability Report 
carried out by Deloitte in accordance with ISAE 3000.
Integrating Sustainability
• Boozt hosted the second internal Clothing Swap event 
promoting circularity and reduction of textile waste. 
The initiative is part of Boozt's commitment to foster 
engagement with sustainability across the organisation.
• Boozt launched a cross-department newsletter to promote 
internal knowledge sharing and industry insights.
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 13 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 3
Outlook
Outlook 2024
The outlook for 2024 is unchanged.
For the full year 2024, Boozt expects a net revenue growth in the 
range of 5-15% and an adjusted EBIT margin of 5.2-6.0%.
Revenue growth for 2024 is expected to be supported by market 
share gains as well as an increase in online penetration across 
Boozt’s product categories.
Boozt expects the market to continue to be volatile, however, 
the outlook assumes a stable to improving consumer confidence 
following two difficult years.
Profitability is expected to continue to benefit from economies of 
scale as well as potential cost initiatives across the Group.
CAPEX for 2024 is expected to be in the range of SEK 
150-250 million. This will mainly be related to IT development 
costs as expansion of the Company’s fulfilment capacity is not 
expected to commence before 2025.
The outlook for 2024 assumes that the exchange rates will remain 
at the current level. Assuming current exchange rates versus the 
Swedish Krona, the impact from currency on revenue growth is 
expected to be around -1%.
Long-term growth and 
profitability ambitions
In connection with the Capital Markets Day in March 2023, Boozt 
announced long-term ambitions for growth and profitability.
Long-term growth and profitability ambitions:
• Market share around 10% of the total fashion and lifestyle 
market in the Nordics
• Adjusted EBIT margin exceeding 10%
Boozt has successfully managed to grow net revenue significantly 
faster than the Nordic market since 2017. The market in the 
Nordics remains attractive and the company expects to continue 
the accelerated market share gains supported by the position as 
the leading Nordic Department Store.
When the Company’s growth rate is in line with the Nordic online 
fashion and lifestyle market, Boozt believes that its business 
model with best-in-industry unit economics will result in double-
digit margins and strong cash generation. However, the target to 
reach an adjusted EBIT margin of 10% is the ambition already in 
five years.
Outlook 2024 As of 8 February, 2024 Reported, FY 2023
Revenue growth 5-15% 15%
Adjusted EBIT margin 5.2-6.0% 5.2%
The outlook assumes constant currencies from the time of this announcement and for the remainder of the financial year
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 14 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 4
Other information
Significant events during Q1 2024
No significant events occurred in the quarter.
Significant events after the 
reporting date
Annual General Meeting 2024
Boozt's Annual General Meeting was held on April 25, 2024. The 
AGM decided that no dividends are paid to the shareholders and 
that the Company’s profit for 2023 are carried forward. The AGM 
also decided on implementation of a new long-term incentive 
program (LTIP 2024). More information of the outcome of the 
Annual General Meeting 2024 is at www.booztgroup.com/annual-
general-meeting.
Boozt to expand fulfilment capacity in Ängelholm
On 25 April, Boozt announced plans to expand the capacity 
at its fulfilment center in Ängelholm. When the expansion is 
completed, the facility will be able to cater for up to SEK 
15 billion in net revenue (up from currently SEK 10-11 billion). The 
total investments related to the capacity expansion is expected 
to encompass around SEK 500 million in the period 2025 to 
2027. For more information, please find the related company 
announcement here.
Treasury shares
In 2023, the Board of Directors launched Boozt’s first share 
buyback program, aimed at repurchasing company shares worth 
up to SEK 200 million. The program commenced on June 21, 
2023, and was authorized until the Annual General Meeting on 
April 25, 2024. The program has now concluded, with a total 
expenditure of SEK 187 million, equivalent to the repurchase 
of 1,615,819 ordinary shares. As of the date of this report, the 
Company now holds 4.9% of the share capital in Boozt or a total 
of 3,360,686 treasury shares, of which 1,744,867 are classified 
as C-shares.
The Board of Directors has determined that the shares acquired 
through the buyback program will be retained for the purpose of 
facilitating the delivery of performance shares to senior executives 
and key employees participating in the current and future 
Long-Term Incentive (LTI) programs approved by the Annual 
General Meeting.
The LTI program 2021/2024 is set to vest on May 27, 2024, and 
the delivery of performance shares must be completed within 30 
days thereafter.
Parent company
Net revenue of the parent company amounted to SEK 24 million 
(17) In Q1 2024. The parent company has invoiced fees 
for management services in accordance with the Group’s 
intracompany agreements to other Group companies during the 
period. Costs for the period are mainly attributable to costs related 
to personnel costs for the Group Management and remuneration 
to the Board of Directors. Net profit for the quarter totalled SEK 
-22 million (-11).
Seasonal variances
Seasonal variances affect the Group since purchases are cyclical 
and inventories are built up before each season. However, each 
quarter is comparable between years. Traditionally the fourth 
quarter has the highest net revenue, whereas the first quarter 
has the lowest. Inventory levels in the industry can be affected 
by an early or late start to the season impacting the promotional 
activities needed to clear inventory. To illustrate the long-term 
development trend the Group reports rolling twelve months’ 
figures, where applicable.
Risks and uncertainties
Boozt has developed a risk management framework with the 
purpose to strengthen the structure of how risk management is 
carried out throughout the Group. Identified risks are reviewed by 
the Board of Directors continuously. No recognisable risk for the 
Group’s ability to continue as a going concern has been identified. 
All identified risks as well as the risk management process is 
described in the Group’s Annual Report 2023 on pages 36-38.
Related party transactions
Boozt’s related parties and the extent of transactions with its 
related parties are described in Note 26 in the Annual Report 
2023. There have not been any significant transactions with 
members of Group Management or other related parties during 
the quarter. 
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 15 =====

Financial 
statements
Consolidated financial statements.................................................16
Accounting notes............................................................................ 20
Parent company financial statements............................................23

===== SIDA 16 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 6
Consolidated 
financial statements
Consolidated income statement
SEK million Note Q1 2024 Q1 2023
Rolling 12 
months
Net revenue 2 1,614 1,525 7,845
Total operating income 1,614 1,525 7,845
Goods for resale -987 -938 -4,766
Other external costs -361 -338 -1,692
Cost of personnel -199 -178 -833
Depreciation and amortisation of tangible and intangible assets -66 -61 -257
Other operating costs -4 -11 1
Total operating costs -1,617 -1,527 -7,546
OPERATING PROFIT (EBIT) 2 -3 -2 299
Financial income 7 6 25
Financial expenses 3 -11 -9 -54
Net financial items -5 -3 -29
PROFIT BEFORE TAX 2 -8 -6 270
Income tax 10 1 -29
PROFIT FOR THE PERIOD 2 -5 241
SEK Note Q1 2024 Q1 2023
Rolling 12 
months
Average number of shares (000) 65,460 65,764 65,847
Average number of shares after dilution (000) 68,205 68,326 68,710
Earnings per share (SEK) 0.04 -0.08 3.65
Earnings per share after dilution (SEK) 0.04 -0.07 3.50
Consolidated statement of comprehensive income
SEK million Note Q1 2024 Q1 2023
Rolling 12 
months
PROFIT FOR THE PERIOD 2 -5 241
ITEMS THAT MAY BE RE-CLASSIFIED TO THE INCOME STATEMENT:
Translation differences 16 6 -23
TOTAL COMPREHENSIVE PROFIT FOR THE PERIOD 18 1 218
ATTRIBUTABLE TO
Parent company's shareholders 18 1 218
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 17 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 7
Consolidated statement of financial position
SEK million Note Mar 31, 2024 Mar 31, 2023 Dec 31, 2023
ASSETS
Trademarks 4 97 95 93
Goodwill 4 310 303 298
Web platform 4 213 175 205
Total intangible assets 620 573 596
Right of use asset 537 544 526
Machinery and equipment 4 830 851 785
Total tangible assets 1,368 1,394 1,311
Deposits 8 8 8
Shares in associated companies 15 28 15
Deferred tax asset 22 6 18
Total other assets 45 42 42
Total non-current assets 2,033 2,009 1,948
Inventory 2,597 2,260 2,281
Accounts receivable 3 55 33 41
Other receivables 3 143 81 147
Current tax receivables 6 9 7
Prepaid expenses and accrued income 120 114 70
Cash and cash equivalents 3 687 965 1,463
Total current assets 3,607 3,462 4,010
TOTAL ASSETS 5,639 5,471 5,959
SEK million Note Mar 31, 2024 Mar 31, 2023 Dec 31, 2023
EQUITY AND LIABILITIES
Share capital 6 6 6
Other capital contributions 2,324 2,244 2,307
Reserves 52 45 37
Retained earnings including profit for the period 276 223 372
Total equity 2,658 2,517 2,721
Non-current interest bearing liabilities 3 355 359 326
Non-current lease liabilities 3 464 471 456
Other non-current liabilities 3 - - -
Other non-current provisions 28 35 22
Deferred tax liabilities 19 19 19
Total non-current liabilities 867 885 824
Current interest bearing liabilities 3 96 150 97
Current lease liabilities 3 92 86 86
Accounts payable 3 1,397 1,302 1,140
Current tax liabilities 1 40 52
Other liabilities 3 199 192 527
Accrued expenses and prepaid income 329 300 512
Total current liabilities 2,114 2,069 2,414
Total liabilities 2,981 2,953 3,238
TOTAL EQUITY AND LIABILITIES 5,640 5,471 5,959
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 18 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 8
Consolidated statement of changes in equity
SEK million Share capital Other capital contributions Reserves
Profit brought forward incl. period's 
profit/loss for the year
Total equity attributable to parent 
company shareholders
Equity as per Jan 1, 2023 6 2,230 39 229 2,503
Profit for the period - - - -5 -5
Other comprehensive income - - 6 - 6
COMPREHENSIVE PROFIT/LOSS FOR THE PERIOD 0 0 6 -5 1
Share capital increase - - - - -
Sharebased compensation - 14 - - 14
Total transaction with owners 0 14 0 0 14
Equity as per Mar 31, 2023 6 2,244 45 224 2,518
SEK million Share capital Other capital contributions Reserves
Profit brought forward incl. period's 
profit/loss for the year
Total equity attributable to parent 
company shareholders
Equity as per Jan 1, 2024 6 2,307 37 372 2,721
Profit for the period - - - 2 2
Other comprehensive income - - 16 - 16
COMPREHENSIVE PROFIT/LOSS FOR THE PERIOD 0 0 16 2 18
Share capital increase - - - - -
Sharebased compensation - 17 - - 17
Share buyback - - - -98 -98
Total transaction with owners 0 17 0 -98 -81
Equity as per Mar 31, 2024 6 2,324 52 276 2,658
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 19 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _1 9
Consolidated statement of cash flow
SEK million Note Q1 2024 Q1 2023
Rolling 12 
months
Operating profit -3 -2 299
Adjustments for non-cash items:
Non-cash remuneration from share based payments (social charges) 17 14 -2
Non-cash remuneration from share based payments 5 5 77
Change in other provisions - 0 -0
Depreciation 68 61 259
Other items not included in cash flow - 2 -2
Interest received 7 6 25
Interest paid 3 -11 -9 -41
Paid income tax -44 -49 -81
CASH FLOW FROM OPERATING ACTIVITIES BEFORE CHANGES IN 
WORKING CAPITAL
39 27 534
Changes in inventory -315 -222 -336
Changes in current assets -58 -45 -89
Changes in current liabilities -254 -457 131
Cash flow from changes working capital -627 -724 -295
CASH FLOW FROM OPERATING ACTIVITIES -588 -697 239
SEK million Note Q1 2024 Q1 2023
Rolling 12 
months
Acquisition of subsidiaries, net liquidity effect 4 - - -3
Investments in fixed assets 4 -70 -10 -81
Change in financial assets 4 -0 -0 -0
Investments in intangible assets 4 -26 -24 -103
CASH FLOW FROM INVESTING ACTIVITIES 4 -97 -34 -187
Share buyback -98 - -187
New loans 53 58 53
Repayments of loans -24 -119 -110
Repayments of lease liability -22 -22 -84
CASH FLOW FROM FINANCING ACTIVITIES -91 -83 -328
Cash flow for the period -776 -814 -278
Currency exchange gains/losses in cash and cash equivalents 1 1 1
Cash and cash equivalents beginning of period 1,463 1,777 964
CASH AND CASH EQUIVALENTS END OF PERIOD 687 964 687
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 20 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 0
Accounting notes
Note 1 - Accounting principles
The report is prepared in accordance with IAS 34 Interim Financial 
Reporting and the Swedish annual Accounts Act. Information 
required by IAS 34 p.16 A is provided in notes and other sections 
in the interim report. The accounting principles and calculations 
method have remained unchanged from those applied in the 2023 
Annual Report. Amended or new standards taking effect from 
January 1, 2024 have not had any material impact on the Group's 
financial reports for the period.
Important estimates and assessments
Preparation of the financial reports in accordance with IFRS 
requires management to make assessments and estimates and 
assumptions that affect application of the accounting policies 
and the recognised amounts of assets, liabilities, income, and 
expenses. Actual results may differ from these estimates.
Estimates and assumptions are continually evaluated. Changes in 
estimates are recognised in the period the change is made if the 
change only affected that period or in the period the change is 
made and in future periods if the change affects both current and 
future periods.
Important estimates and assessments are disclosed in the 2023 
Annual Report on page 104.
Parent company
For the Parent Company Boozt AB (publ), the financial statements 
have been prepared in accordance with the Swedish Annual 
Accounts Act and the Swedish Financial Reporting Board’s 
recommendation RFR 2 Accounting for Legal Entities. 
The reporting currency is SEK and all figures in the interim report 
are rounded to the nearest million with one decimal point.
Note 2 - Segment reporting
SEK million Q1 2024 Q1 2023 Rolling 12 months
NET REVENUE
Boozt.com 1,335 1,279 6,505
Booztlet.com 279 246 1,340
TOTAL NET REVENUE 1,614 1,525 7,845
EBIT
Boozt.com -6 6 227
Booztlet.com 3 -8 72
TOTAL EBIT -3 -2 299
EARNINGS BEFORE TAX
Boozt.com -21 3 189
Booztlet.com 0 -9 71
EARNINGS BEFORE TAX -20 -6 260
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 21 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 1
Note 3 - Financial instruments
31 Mar, 2023 (SEK million)
Finacial assets 
valued at 
amortised cost
Finacial 
liabilities valued 
at amortised 
cost
Financial 
instruments 
measured at fair 
value via income 
statement
Total carrying 
amount Fair value
Financial assets
Deposits 8 - - 8 8
Accounts receivables 33 - - 33 33
Other receivables 81 - - 81 81
Cash and cash equivalents 965 - - 965 965
Total financial assets 1,087 0 0 1,087 1,087
Financial liabilities
Liabilities to credit institutions - 509 - 509 509
Accounts payables - 1,302 - 1,302 1,302
Other liabilities - 192 5 197 197
Lease liabilities - 557 - 557 557
Total financial liabilities 0 2,560 5 2,564 2,564
31 Mar, 2024 (SEK million)
Finacial assets 
valued at 
amortised cost
Finacial 
liabilities valued 
at amortised 
cost
Financial 
instruments 
measured at fair 
value via income 
statement
Total carrying 
amount Fair value
Financial assets
Deposits 8 - - 8 8
Accounts receivables 55 - - 55 55
Other receivables 142 - 0 143 143
Cash and cash equivalents 687 - - 687 687
Total financial assets 893 0 0 893 893
Financial liabilities
Liabilities to credit institutions - 452 - 452 452
Accounts payables - 1,397 - 1,397 1,397
Other liabilities - 197 2 199 199
Lease liabilities - 556 - 556 556
Total financial liabilities 0 2,602 2 2,604 2,604
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 22 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 2
Revolving credit facility
The Group has a multicurrency revolving credit facility (RCF) with Danske Bank of SEK 200 million available for drawings in SEK, DKK, 
NOK and EUR, which can be used for general corporate and working capital purposes as well as potential acquisitions. The revolving 
credit facility agreement was entered into on February 17, 2020 and is set to expire in February 2025. Boozt is currently negotiating a 
new RCF.
Calculation of fair value
The Group has derivative instruments that comprise of foreign exchange forward used for hedging purposes, which are measured at 
fair value according to Level 2 of the valuation hierarchy. Derivative liabilities amount to SEK 0.2 million (0.0). Other financial liabilities 
measured at fair value via income statement consists of earn-out from acquisitions of operations of SEK 2 million (5), of which some 
parts are conditional. Other financial liabilities measured at fair value can be found at Level 3 of the valuation hierarchy. The Group’s 
other financial assets and liabilities are considered to be close to the carrying amount, after which the carrying amount is estimated to be 
the same as the fair value. For a more detailed description of the Group’s classification and valuation of financial instruments please see 
Note 1 on page 103 and Note 28 on page 120 in the Annual Report 2023.
SEK million Q1 2024 Q1 2023 Rolling 12 months
Interest income 7 6 25
Interest expenses -7 -7 -26
Interest expense leases -5 -2 -15
Net change in value of receivables measured at fair value 
via income statement
0 - -13
Total net financial items -5 -3 -29
Note 4 - Investments
SEK million Q1 2024 Q1 2023
Rolling 12 
months
Acquisition of fixed assets (other capex) -2 -6 -2
Acquisition of fixed assets (warehouse capex) -68 -4 -79
Total -70 -10 -81
Acquisition of operations 0 0 -3
Change in financial assets 0 0 0
Total 0 0 -3
Acquisition of intagible assets (capitalised development costs) -26 -23 -96
Acquisition of intagible assets (other) 0 -1 -6
Total -26 -24 -102
Cash flow from investments -97 -34 -186
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 23 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 3
Parent company 
financial statements
Parent company income statement
SEK million Q1 2024 Q1 2023
Rolling 12 
months
Net revenue 24 17 174
Total operating income 24 17 174
Other external costs -3 -2 -10
Cost of personnel -33 -29 -164
Total operating costs -35 -31 -174
OPERATING PROFIT (EBIT) -11 -14 -0
Financial income 0 0 27
Financial expenses -14 -0 -14
Net financial items -14 -0 13
PROFIT AFTER FINANCIAL ITEMS -25 -14 13
Group contributions 1 0 4
RESULT BEFORE TAX -24 -14 17
Income tax 2 3 -1
PROFIT FOR THE PERIOD -22 -11 16
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 24 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 4
Parent company financial position
SEK million Mar 31, 2024 Mar 31, 2023 Dec 31, 2023
Shares in Group companies 831 1,139 831
Shares in associated companies 13 27 27
Deferred tax asset 2 3 0
Total non-current assets 847 1,169 858
Other receivables 0 0 0
Receivables from Group companies 959 780 1,078
Current tax assets - 0 0
Prepaid expenses and accrued income 1 1 1
Cash and cash equivalents 17 5 36
Total current assets 978 786 1,114
TOTAL ASSETS 1,825 1,954 1,973
SEK million Mar 31, 2024 Mar 31, 2023 Dec 31, 2023
Share capital 6 6 6
Total restricted equity 6 6 6
Share premium reserve 2,192 2,146 2,182
Retained earnings -426 -266 -355
Earnings for the period -22 -11 27
Total unrestricted equity 1,744 1,869 1,854
TOTAL EQUITY 1,749 1,875 1,860
Other provisions 18 23 14
Total non-current liabilities 18 23 14
Accounts payable 1 1 1
Liabilities to Group companies 38 38 38
Other liabilities 5 3 17
Accrued expenses and prepaid income 14 15 43
Total current liabilities 58 57 99
TOTAL LIABILITIES 75 79 113
TOTAL EQUITY AND LIABILITIES 1,825 1,954 1,973
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 25 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 5
Audit
This report has not been subject to a limited review by the Group’s auditors.
Signatures
The undersigned certify that this interim report gives a true and fair overview of the Parent Company’s and the Group’s operations, 
financial position, performance and describes the material risks and uncertainties facing the Parent Company and the companies in 
the Group.
April 26, 2024
Hermann Haraldsson Group CEO 
In accordance with authorisation given by the Board of Directors
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 26 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 6
Definitions of financial 
performance measures
The quarterly report contains certain performance measures that are not defined in accordance with IFRS (alternative performance 
measures). The performance measures included are used by investors, securities analysts and other stakeholders as additional 
measures of performance and financial position. The Group’s alternative performance measures are not necessarily comparable to 
similar measurements presented by other companies and have certain limitations as analytical tools. They should therefore not be 
considered separately from, or as a substitute for, the Group’s financial information prepared in accordance with IFRS.
Definitions, calculations, and rationale behind the use of included alternative performance measures are available on the Group’s 
website www.booztgroup.com/reports-and-presentations, “Q1 Report 2024” - "Financial data".
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 27 =====

B O O Z T  G R O U PQ 1  2 0 2 4P A G E _2 7
Financial calendar
August 16, 2024
Interim Financial Report for Q2 2024
November 5, 2024
Interim Financial Report for Q3 2024
Consolidated financial statements are available at www.booztgroup.com.
In case of enquiries or questions to the Group, please contact:
Magnus Thorstholm Jensen, Head of Investor Relations
matj@boozt.com / +45 30 50 44 02
or
Sandra Gadd, Group CFO
sga@boozt.com / +46 768 27 61 18
This report is such information as Boozt AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The 
information was submitted for publication, through the agency of the contact person set out above, at 8.00 CET on April 26, 2024. 
This report may contain forward-looking information that is based on the present expectations of Boozt’s management. No assurance 
may be given that these expectations will prove to be correct. Actual outcomes may deviate significantly from what is reflected in the 
forward-looking information due to changed conditions relating to the economy, market or competition, changes in legal requirements 
and other political measures, fluctuations in exchange rates and other factors outside of Boozt’s control.
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 28 =====

Contact details
Address: Hyllie Boulevard 35, 215 37 Malmö, Sweden 
Phone: +46 40 12 80 05 
E-mail: info@boozt.com  
www.booztgroup.com  
Org. nr: 556793-5183
VAT nr: SE556793518301