Kvartalsrapport Q1 2026

===== SIDA 1 =====

Interim 
Financial Report 
Q1 2026
1 January - 31 March, 2026

===== SIDA 2 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _2
Table of content
Highlights
Q1 2026 summary......................................................................................3
CEO's comment......................................................................................... 4
Key figures and ratios...............................................................................5
Investment case........................................................................................ 6
Business review
Financials.....................................................................................................8
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

===== SIDA 3 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _3
Q1 2026 summary
Strong start to spring/summer season and upgrade of EBIT margin guidance
• In Q1 2026, Boozt generated 4% constant currency revenue growth and a small increase in the adjusted EBIT margin. Performance 
was driven by a strong March and encouraging start to the spring season.
• The revenue growth was delivered with materially lower inventory levels than last year. The stock turn improved in the quarter, 
driven by a product offering that is broader and more inspirational than last year. The inventory level is planned to increase to 
capture growth acceleration targeted for H2 2026.
• AI integration continues to advance across the organisation, embedding technology in core business functions to support better 
decision-making, more efficient workflows, cost savings and an improved customer experience.
• The strategic relocation to new headquarters in Copenhagen was completed in February with no disruption to operations. The final 
non-recurring costs related to the move were recognized in the quarter (SEK 10 million).
• SEK 415 million share buyback programme was completed in Q1 2026, bringing total capital returned to shareholders to SEK 
800 million since the CMD in 2023. A new share buyback programme of SEK 200 million will be initiated.
Financial performance Q1 2026
• Net revenue in Q1 2026 grew 4% in constant currency ( 1% in SEK) to SEK 1,662 million (SEK 1,652 million in Q1 2025). Growth was 
driven by Boozt.com (+6% in constant currency), which benefited from a broader and more inspirational spring/summer offering, 
selling approximately 40% more style variations versus last year. Revenue from Booztlet.com declined 3% in constant currency , as 
last year's comparison was driven by clearance activity on the platform.
• Adjusted EBIT was SEK 42 million (38), resulting in an adjusted EBIT margin of 2.5% (2.3%), an increase of 0.2 percentage points 
despite an approximate 1 percentage point currency headwind. While reported gross margin declined mainly due to FX and 
the timing of Other revenue, the underlying gross margin development was slightly positive, supported by less discounting and 
higher growth from Boozt.com. The marketing ratio improved by 1.4 percentage points to 8.6%, reflecting a shift away from offline 
channels and improved efficiency .
• The inventory at the end of Q1 2026 was SEK 2,790 million (2,970) and at a lower level than last year throughout the quarter.
• Free cash flow was in line with expectations at SEK -738 million (-619) reflecting normal working capital seasonality . Share 
buybacks amounting to SEK 97 million were completed in Q1 2026.
2026 Outlook
• The outlook for revenue growth of 3–8% in constant currency is confirmed with the higher end of the range now considered more 
likely .
• Adjusted EBIT margin guidance is raised to 5.6–6.8% (from previously 5.3–6.5%), mainly reflecting favourable foreign exchange 
development.
SEK million unless otherwise indicated Q1 2026 Q1 2025 Change
Rolling 12 
months
Net revenue 1,662 1,652 1% 8,297
Constant currency growth 4% 3% +1pp 3%
Gross margin 36.8% 38.0% -1.1pp 37.2%
Fulfilment cost ratio -10.6% -10.8% +0.1pp -10.0%
Marketing cost ratio -8.6% -10.1% +1.4pp -9.6%
Adjusted admin and other cost ratio -10.9% -10.7% -0.1pp -8.3%
Adjusted EBIT 42 38 9% 477
Adjusted EBIT margin (%) 2.5% 2.3% +0.2pp 5.8%
EBIT 21 5 298% 420
EBIT margin (%) 1.3% 0.3% +1.0pp 5.1%
Profit for the period 10 4 144% 307
Free cash flow -738 -619 -19% 754
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 4 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _4
CEO's comment
Progress on track
We said 2026 would be a year of growth acceleration. The first quarter suggests it will be.
The work we put in during 2025 - repositioning our two platforms, improving inventory quality and realigning our organisation - is 
starting to show results. March was our strongest month, and the spring start has been encouraging. We are playing offence, and our 
customers are responding.
Our product offering is wider and more inspirational than previously , with brands such as GAP , Birkenstock, Max Mara and Paul Smith 
joining the assortment in 2026. But we are not satisfied - inventory levels remain below where they need to be to fully capitalise the 
current sales momentum. Our plan to increase our inventory and win in the market is clear and an increase in our product offering is 
committed for the second half. When that inventory lands, we will be in a strong position to accelerate.
Copenhagen is now our home. The move was completed without disruption, and I am proud of how the organisation handled the 
transition. The early signs on improving organisation strength are what we hoped for - we are attracting people we simply could not 
reach before and our organisation is thriving in our new Headquarters. Building and motivating the right team is not a short-term 
exercise; it is how you win over time. As I have said before, the best team wins in this industry , and we are investing accordingly .
AI is becoming part of how we work, not something we work on. Our people are actively embracing it, and we are seeing the 
results across the business - AI now handles 40% of customer inquiries, we have removed 20% of manual supply chain tasks, and 
achieved a 5-10% gain in warehouse capacity , just as recent examples. We are a lean organisation, and that is an advantage: lean 
organisations adopt new tools faster, and the gains compound quickly . Our ambition is to be at the forefront of AI adoption in online 
retail, not because it is fashionable, but because it makes us better for our customers and more efficient as a business.
We delivered what we set out to deliver in Q1. Growth is building, margins are solid and the strategic progress we have been working 
towards is becoming visible in our numbers. Our business is generating cash over-the-cycle, and we remain committed to returning 
capital to shareholders - as demonstrated by the completion of our SEK 800 million commitment and the launch of a new SEK 
200 million buyback programme.
2026 is a year of playing offence. We are ready . 
Hermann Haraldsson, CEO and Co-founder
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 5 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _5
Key figures and ratios
SEK million unless otherwise indicated Q1 2026 Q1 2025 Change
Rolling 12 
months
Net revenue 1,662 1,652 1% 8,297
Net revenue growth (%) 1% 2% -2pp 0%
Gross profit 612 627 -2% 3,085
Gross margin (%) 36.8% 38.0% -1.1pp 37.2%
Fulfilment cost ratio (%) -10.6% -10.8% +0.1pp -10.0%
Marketing cost ratio (%) -8.6% -10.1% +1.4pp -9.6%
Admin & other cost ratio (%) -12.1% -12.7% +0.6pp -8.4%
Depreciation cost ratio (%) -4.2% -4.1% -0.1pp -4.0%
EBIT 21 5 298% 420
EBIT margin (%) 1.3% 0.3% +1.0pp 5.1%
Adjusted EBIT 42 38 9% 477
Adjusted EBIT margin (%) 2.5% 2.3% +0.2pp 5.8%
Profit for the period 10 4 144% 307
Earnings per share (SEK) 0.17 0.07 162% 4.99
Earnings per share after dilution (SEK) 0.17 0.06 166% 4.66
Adjusted earnings per share (SEK) 0.44 0.47 -6% 5.73
Adjusted earnings per share after dilution (SEK) 0.42 0.44 -4% 5.35
Net working capital 915 1,396 -34% 915
Net working capital as share of net revenue (%) 11.1% 16.9% -5.8pp 11.1%
Free cash flow -738 -619 -19% 754
Net debt / -net cash -239 -8 -2772% -239
Number of employees end of period 1,044 1,106 -6% 1,044
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 6 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _6
Investment 
case
Boozt stands out as a leading online retailer within fashion and 
lifestyle in the Nordic region, leveraging a scalable, technology-
driven business model and a customer-centric approach. With 
diversified product categories, operational efficiency, and a focus 
on sustainability, Boozt is well-positioned for continued growth 
and profitability in a competitive e-commerce market.
Nordic  
online leader
Leading online retailer within fashion and lifestyle  
in the Nordics
Booztlet.com (outlet) enhancing inventory efficiency 
and attracting price-conscious consumers
Attractive assortment of 1,600 Nordic and 
international brands across six categories (Women, 
Men, Kids, Beauty, Sports, Home)
Scalable  
model
Growth 
opportunities
Increasing revenue by moving customers  
to multi-category shopping and grow share of 
wallet
Capitalizing on a strong product offering and 
superior service levels
Increasing online penetration across categories
Market consolidation to support leading retailers
Resilience 
through 
diversification
Department store approach supports average order 
value and loyalty while leveraging marketing spend 
efficiency across categories
Reduction of risk through category diversification 
Booztlet as a complementary growth engine and 
strategic hedge across market cycles
10% 
10% 
Return excess 
cash to 
shareholders
Boozt prioritizes reinvestment of cash for organic  
growth and market share gains. Excess cash is  
returned to shareholders
Share of the Nordic fashion and lifestyle market
Long-term market share target
Adjusted EBIT margin
Medium-term profitability target
Solid margin 
potential
Highly competitive unit economics driven by industry 
leading average order value
Scale and continuous optimisation supporting 
profitability
In-house tech platform and automated 
fulfilment centre ensure scalability, flexibility 
and  cost efficiency
Advanced AI integration enhancing efficiency 
and the total customer experience

===== SIDA 7 =====

Business review
Financials.....................................................................................................8
Outlook........................................................................................................13
Other information.....................................................................................14

===== SIDA 8 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _8
Financials
Net revenue
In Q1 2026, net revenue grew 4% in constant currency (1% in 
SEK) to SEK 1,662 million, compared to SEK 1,652 million in 
Q1 2025. Growth was driven by a continued solid performance 
on Boozt.com (6% in constant currency), supported by a more 
inspirational assortment compared with last year. Sport, Home, 
and Kids were the strongest performing categories in the 
quarter, with the Women category showing encouraging signs 
of improvement. Booztlet.com was slightly down in the quarter 
(-3% in constant currency), as last year's comparison was 
driven by clearance activity on the platform. Overall, growth 
improved significantly towards the end of the quarter, with 
March benefiting from a good start to the spring/summer 
campaign driven by a strong product offering and successful 
marketing initiatives.
Active customers over the last 12 months increased by 
4% on Boozt.com, while Booztlet.com saw an 8% decline. 
Traffic development across both sites was influenced by 
the strategic shift of focus toward Boozt.com. Nevertheless, 
customer acquisition remained strong; during the first quarter, 
approximately 250,000 new customers shopped across the 
two sites. In total, the active customer base remained stable 
compared to the previous year, with 3.8 million customers 
shopping across the platforms over the last 12 months.
The key department store metric continues to develop 
favourably on Boozt.com, with 54% of active customers 
shopping across more than one category over the last 12 
months compared with 52% in the same period last year. 
This represents an increase of more than 100,000 customers. 
Customers shopping across multiple categories consistently 
demonstrate higher purchase frequency , a greater share of 
wallet and stronger long-term retention.
The Average Order Value (AOV) on Boozt.com declined 4% 
compared with last year at SEK 918 (957), almost entirely driven 
by currency fluctuations. The AOV on Booztlet.com increased 
2% to SEK 999 (982).
Other revenue
Other revenue (included in revenue from Boozt.com and 
Booztlet.com) in the quarter was SEK 74 million (80), and 
declined 8% compared with last year. The decline was mainly 
driven by timing of revenue from Boozt Media Partnership (BMP), 
as brand partners are postponing BMP related marketing spend 
to later in the year. 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
In Q1 2026, revenue in the Nordics was SEK 1,485 million (1,469), 
corresponding to a 1% increase compared with Q1 2025 (or 4% 
in constant currency). Revenue from all major markets increased 
in constant currency , with Sweden up 3% while Denmark 
increased 5% in constant currency (corresponding to a 1% 
decline in SEK). Revenue from the Nordics was also supported 
by a solid performance in Norway , which was up 13% in constant 
currency in the quarter.
Revenue in the Rest of Europe declined by 3% to SEK 177 million 
(182), corresponding to an increase of 2% in constant currency .
SEK million Q1 2026 Q1 2025 Change Change (CER*) Rolling 12 months
Nordics 1,485 1,469 1% 4% 7,459
- of which Denmark 518 521 -1% 5% 2,612
- of which Sweden 545 528 3% 3% 2,725
Rest of Europe 177 182 -3% 2% 838
Total net revenue 1,662 1,652 1% 4% 8,297
* Constant exchange rates
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 9 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _9
Gross profit
Gross profit was SEK 612 million (627) in Q1 2026, with a 
gross margin of 36.8% (38.0%), a decrease of 1.1 percentage 
points year-on-year. The decline was primarily driven by foreign 
exchange movements and the timing of Other revenue, which 
carries a high gross margin and was lower in the quarter as 
brand partners postponed marketing spend to later in the year. 
The underlying development was favourable, supported by less 
discounting on Boozt.com. The negative effects from both Other 
revenue timing and foreign exchange are expected to diminish 
from Q2 2026, supporting positive gross margin development 
for the rest of the year.
Operational costs
The fulfilment cost ratio for Q1 2026 improved to 10.6% (10.8%), 
representing a 0.1 percentage point decrease year-on-year. This 
improvement was driven by ongoing operational efficiencies at 
the Ängelholm fulfilment centre as well as improved distribution 
agreements with partners across the Nordics. However, the 
gains were partially offset by a temporary decline in efficiency 
at Boozt’s fulfilment centre, related to the planned installation of 
a sprinkler system at the Ängelholm facility .
The marketing cost ratio improved by 1.4 percentage points 
to 8.6% (10.1%). The improvement reflects a deliberate shift 
away from offline marketing channels and improved underlying 
efficiency in digital performance marketing.
The adjusted admin and other cost ratio was 10.9% (10.7%) in 
the quarter, up 0.2 percentage points year-on-year. The increase 
reflects higher salary costs following the relocation of Boozt's 
headquarters to Copenhagen. This was partly offset by the 
restructuring in February 2025, which reduced headcount by 
approximately 10%.
The depreciation cost ratio was 4.2% (4.1%), broadly stable year-
on-year.
Adjusted EBIT
Adjusted EBIT was SEK 42 million (38), with a margin of 2.5% 
(2.3%), up 0.2 percentage points year-on-year. The improvement 
was driven by cost efficiencies, most notably in marketing, more 
than offsetting a lower reported gross margin, mainly driven by 
currency headwind.
Adjustments for the quarter amounted to SEK -20 million, 
compared to SEK -33 million in the prior year. The prior 
year figure was impacted by SEK -27 million in severance costs 
related to the February 2025 restructuring. Adjustments in 
the current quarter comprised SEK -10 million related to 
the relocation of the headquarters to Copenhagen and SEK 
-10 million in share-based payments (SEK -5 million in Q1 2025).
The costs related to share-based payments fluctuate between 
periods as the estimated vesting probability of performance 
shares is dynamic; additionally , the provision for social charges 
is subject to fluctuations in Boozt's share price.
EBIT
EBIT was SEK 21 million (5) in Q1 2026, corresponding to an EBIT 
margin of 1.3% (0.3%). The improvement reflects a stronger 
underlying operating performance, but is primarily driven by 
a significant reduction in items affecting comparability . 
The prior-year figure was impacted by SEK -27 million 
in restructuring costs.
Financial items
Net financial items for the quarter totalled SEK -6 million (1). 
Financial income amounted to SEK 2 million (10) and was mainly 
related to positive interest on the company's cash position. 
Financial expenses were SEK -9 million (-9) of which SEK 
-4 million were related to interest on loans and SEK -4 million 
were related to interest on leasing contracts according to IFRS 
16.
Tax
Income tax for Q1 2026 was SEK -4 million (-2), corresponding to 
an effective tax rate of approximately 29.6% for the quarter.
Profit for the period
Profit for Q1 2026 was SEK 10 million (4), resulting in earnings 
per share of SEK 0.17 (0.07). Earnings per share after dilution 
were SEK 0.17 (0.06). The improvement reflects the higher EBIT 
partially offset by lower financial income.
Net Working capital
Net working capital at the end of Q1 2026 was SEK 915 million 
(1,396) equivalent to 11.1% (16.9%) of net revenue for the last 
12 months.
Inventory as a percentage of revenue for the last 12 months 
declined 2.3 percentage points compared with the same period 
last year to 33.6% (35.9%). In absolute terms, inventory at the 
end of Q1 2026 was SEK 2,790 million (2,970). The decline 
reflects the pro-active decision to clear less relevant inventory 
through Booztlet during 2025, which has brought inventory to 
a lean and high-quality position. Inventory is actively decided 
to be ramped up in the coming quarters ahead of the autumn/
winter season, positioning the business to fully capture the 
growth momentum.
Accounts payables increased to SEK 1,541 million (1,437) at 
the end of Q1 2026 corresponding to 18.6% (17 .4%) of net 
revenue for the last 12 months, supported by ongoing working 
capital optimisation.
Accounts receivable was SEK 42 million (43) at the end of Q1 
2026 corresponding to 0.5% (0.5%) of net revenue for the last 
12 months.
Share of net revenue Q1 2026 Q1 2025 Change Rolling 12 months
GROUP
Gross margin 36.8% 38.0% -1.1pp 37.2%
Fulfilment cost ratio -10.6% -10.8% +0.1pp -10.0%
Marketing cost ratio -8.6% -10.1% +1.4pp -9.6%
Admin and other cost ratio -12.1% -12.7% +0.6pp -8.4%
Adjusted admin and other cost ratio -10.9% -10.7% -0.1pp -8.3%
Depreciation cost ratio -4.2% -4.1% -0.1pp -4.0%
EBIT margin 1.3% 0.3% +1.0pp 5.1%
Adjusted EBIT margin 2.5% 2.3% +0.2pp 5.8%
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

===== SIDA 10 =====

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _1 0
Cash flow
Free cash flow for the quarter was SEK -738 million (-619). 
The free cash flow represents the seasonal working capital 
fluctuations of the business in Q1, largely due to the increased 
net working capital requirements as inventory is built up 
in preparation for the spring/summer season and account 
payables decrease.
Cash flow from operations
Cash flow from operating activities amounted to SEK 
-672 million in the quarter (-567). The decline was primarily 
driven by changes in net working capital. Cash flow from 
operating activities before changes to net working capital was 
SEK 25 million (55).
Cash flow from investments
Cash flow from investing activities amounted to SEK -69 million 
(-53). The increase in outflow was primarily driven by investments 
in tangible assets, which rose to SEK -44 million (-17) in 
the quarter. This development was mainly attributable to 
investments in furniture and equipment as part of the relocation 
of the headquarters to Copenhagen. Investments in intangible 
assets, primarily related to IT infrastructure, amounted to SEK 
-21 million (-25).
Cash flow from financing
Cash flow from financing activities amounted to SEK -119 million 
compared with SEK -160 million in Q1 2025. The decrease was 
due to the share buyback activity in the period which amounted 
to SEK -97 million compared with SEK -134 million in Q1 2025.
Cash position
At the end of Q1 2026, the Group reported a net cash position 
of SEK 239 million compared with SEK 8 million at the end of 
Q1 2025. The cash position reflects the solid free cash flow of 
SEK 754 million generated over the last twelve months. This was 
partially offset by cash utilised for repayment of the revolving 
credit facility (RCF) and the share repurchase programme, for 
which SEK 415 million was used over the last 12 months 
(including SEK 97 million in Q1 2026).
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _1 1
Segments
Boozt.com
Net revenue
In Q1 2026, revenue from Boozt.com was SEK 1,353 million 
(1,324), corresponding to an increase of 2% in SEK or 6% 
constant currency . The growth was driven by a broader and 
more inspirational spring/summer offering, selling approximately 
40% more style variations versus last year., as well as strong 
commercial execution in March.
Active customers on Boozt.com increased 4% to 2.9 million 
in the trailing 12-month period. Looking specifically at active 
customers visiting the site in Q1 2026, this number was up 
9% compared with the same period last year, indicating a 
solid improvement in recent customer activity . The number of 
orders on Boozt.com increased 8% to 1.4 million in Q1 2026, 
reflecting this positive trend. The average order value was 
SEK 918 (957), a decline of 4%, mainly attributable to foreign 
exchange headwinds.
Revenue in the Nordics increased 3% to SEK 1,231 million (1,198) 
- or 6% in constant currency . Denmark and Sweden continued 
their solid momentum, growing 9% and 7% respectively in 
constant currency . Revenue from the Rest of Europe declined 
3% to SEK 122 million (126), corresponding to an increase of 2% 
in constant currency . Focus in international markets remains on 
profitability on every order.
True frequency was 6.8 (7 .0) with cohorts maintaining high levels 
of engagement despite the remaining pressure on consumers' 
disposable income. Customer satisfaction continues to be at a 
high and very competitive level, illustrated by a Trustpilot score 
of 4.4 (4.2) and a Net Promoter Score (NPS) of 79 (74). The 
increase in NPS in the quarter was supported by increased focus 
on quality checks and internal training to ensure high-quality 
customer interactions.
Adjusted EBIT and EBIT
Adjusted EBIT was SEK 34 million (39), with an adjusted EBIT 
margin of 2.5% (2.9%), a decline of 0.4 percentage points year-
on-year. The margin was impacted by a lower gross margin due 
to unfavourable currency movements, partly offset by efficiency 
gains in operational cost ratios.
Adjustments for the quarter amounted to SEK -18 million, which 
was evenly split between relocation costs and share based 
payments. This compares to SEK -26 million in Q1 2025, which 
was impacted by severance costs related to the February 2025 
restructuring.
EBIT was SEK 16 million (14), corresponding to an EBIT margin 
of 1.2% (1.0%).
SEK million unless otherwise indicated Q1 2026 Q1 2025 Change Rolling 12 months
Boozt.com
Net revenue 1,353 1,324 2% 6,688
EBIT 16 14 20% 365
EBIT margin (%) 1.2% 1.0% 0.2pp 5.5%
Adjusted EBIT 34 39 -12% 415
Adjusted EBIT margin (%) 2.5% 2.9% -0.4pp 6.2%
No. of orders (000) 1,354 1,258 8% 6,503
True frequency 6.8 7.0 -3% 6.8
Average order value (SEK) 918 957 -4% 956
Active customers (000) 2,850 2,751 4% 2,850
No. of orders per active customer 2.3 2.3 -1% 2.3
SEK million Q1 2026 Q1 2025 Change Change (CER) Rolling 12 months
Boozt.com
Nordics 1,231 1,198 3% 6% 6,144
- of which Denmark 457 441 4% 9% 2,283
- of which Sweden 413 387 7% 7% 2,049
Rest of Europe 122 126 -3% 2% 545
Total net revenue 1,353 1,324 2% 6% 6,688
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _1 2
Booztlet.com
Net revenue
In Q1 2026, net revenue from Booztlet.com was SEK 309 million 
(328) corresponding to a decline of 6% (or 3% in constant 
currency) compared with the same quarter last year. The 
performance reflects a planned reduction in clearance volumes 
following the heavy inventory-clearing activity that characterized 
Q1 2025 and the subsequent increased focus on Boozt.com.
Active customers over the last twelve months declined 8% to 
1.0 million, and average order value rose 2% to SEK 999 (982).
Revenue from the Nordics was SEK 254 million (271), 
corresponding to a decrease of 6% compared with Q1 2025 
(or -4% in constant currency). Revenue from Sweden declined 
6% in the quarter, while revenue from Denmark declined 19% 
in constant currency . The decline reflects the end of the 
extraordinary clearance sales on Booztlet and the subsequent 
increased focus on Boozt.com. Revenue from the Rest of Europe 
declined 3% to SEK 55 million (57), corresponding to an increase 
of 2% in constant currency .
Adjusted EBIT and EBIT
Adjusted EBIT increased to SEK 7 million (-1), with an adjusted 
EBIT margin of 2.4% (-0.2%), reflecting the conclusion of 
the clearance activity and a return to more normalised outlet 
operations.
Adjustments for the quarter amounted to SEK -2 million, 
compared to SEK -7 million in Q1 2025. The prior year figure was 
impacted by SEK 6 million in severance costs related to 
the February 2025 restructuring.
EBIT was SEK 5 million (-8), corresponding to an EBIT margin 
of 1.6% (-2.4%).
SEK million unless otherwise indicated Q1 2026 Q1 2025 Change Rolling 12 months
Booztlet.com
Net revenue 309 328 -6% 1,609
EBIT 5 -8 164% 55
EBIT margin (%) 1.6% -2.4% 4.0pp 3.4%
Adjusted EBIT 7 -1 1113% 62
Adjusted EBIT margin (%) 2.4% -0.2% 2.6pp 3.9%
No. of orders (000) 299 322 -7% 1,585
Average order value (SEK) 999 982 2% 985
Active customers (000) 950 1037 -8% 950
No. of orders per active customer 1.7 1.6 4% 1.7
SEK million Q1 2026 Q1 2025 Change Change (CER) Rolling 12 months
Booztlet.com
Nordics 254 271 -6% -4% 1,316
- of which Denmark 61 80 -23% -19% 328
- of which Sweden 132 141 -6% -6% 676
Rest of Europe 55 57 -3% 2% 293
Total net revenue 309 328 -6% -3% 1,609
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _1 3
Outlook
Outlook 2026
Boozt confirms its outlook for net revenue growth of 3-8% in 
constant currency for 2026. With the positive start to the year 
and growth expected to accelerate as strategic initiatives take 
effect, the higher end of the range is now considered more likely .
Adjusted EBIT margin guidance is raised to 5.6-6.8% (from 
5.3-6.5%), reflecting favourable currency movements with 
underlying business assumptions largely unchanged.
Updated
outlook 
2026
Previous
outlook 
2026
Reported
FY 2025
Revenue growth 
(constant currency)
3-8% 3-8% 3%
Adjusted EBIT margin 5.6-6.8% 5.3-6.5% 5.7%
Assuming exchange rates remain at current levels for the 
remainder of 2026, currency is expected to have a negative 
impact of around 1 percentage point on net revenue growth and 
a slightly negative impact on the adjusted EBIT margin.
Profitability is expected to benefit from gross margin 
improvement through the focus on premium sales and a 
higher share of Other revenue, combined with efficiency gains 
through AI-driven automation and operational improvements. 
These are expected to be partially offset by costs related to 
the Copenhagen relocation, talent investment, and commercial 
initiatives. Collectively , these investments are anticipated to have 
a margin impact of approximately 0.5 percentage points on EBIT 
margin for the full year.
The outlook assumes continued operational stability in 
the Nordic market. Heightened geopolitical tensions and 
trade policy developments introduce risks to supply chains 
and consumer confidence that could impact the full-year 
result negatively .
Capex
Capex for 2026 is expected to end in the high end of the range 
of SEK 165-185 million. This includes an investment in sprinkler 
roof on Autostores required by the insurance partner in the 
fulfilment centre in Ängelholm as well as one-off Capex related 
to the relocation of Headquarters.
Free cash flow
While the underlying cash generation is strong, the free cash 
flow in 2026 is expected to be moderate due to the timing 
of non-recurring cash items. Key drivers include exit tax of 
SEK 140 million related to the relocation to Copenhagen, 
approximately SEK 50 million in non-recurring moving costs as 
well as inventory build-up for the planned growth momentum in 
late 2026.
Financial implications related to relocation 
of headquarters
Relocation costs
The relocation of Boozt's headquarters from Hyllie, Sweden, to 
Copenhagen, Denmark, was completed in February 2026. Total 
non-recurring costs of approximately SEK 50 million have been 
fully expensed, with around SEK 40 million recognised in Q4 
2025 and the remainder in Q1 2026. The cash flow impact will be 
distributed across 2026.
Exit tax implications
The relocation of business operations from Sweden triggers an 
exit tax payment of an estimated SEK 180 million, with a net 
cash impact in 2026 of SEK 140 million. The full amount will be 
available as a deduction against corporate taxes in Denmark, 
expected to be fully utilised over a five-year period from 2026, 
resulting in a neutral net cash flow effect over that period.
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _1 4
Other information
Significant events during Q1 2026
Establishing headquarters in Copenhagen
In February 2026, Boozt relocated its headquarters to Krystallen 
in central Copenhagen - a move announced in early 2025 and a 
significant milestone in the company's strategic development. 
The new location places Boozt in a dynamic capital city 
environment with direct access to a broader international talent 
pool, supporting the company's continued expansion.
Significant events after the 
reporting date
Annual General Meeting 2026
Boozt's Annual General Meeting was held on April 23, 2026. The 
AGM decided that no dividends are paid to the shareholders and 
that the Company’s profit for 2025 are carried forward. The AGM 
also decided on implementation of a new long-term incentive 
program (LTIP 2026).
Furthermore, Henrik Theilbjørn, Jón Björnsson, Cecilia Lannebo, 
Fiona Mullan and Julie Wiese were all re-elected as ordinary 
board members, and Hans J. Carstensen and Johannes Møller 
Westh were elected as new ordinary board members. Henrik 
Theilbjørn was re-elected as Chair. Boozt's Board of Directors 
now consists of seven members.
More information on the outcome of the Annual General Meeting 
2026 can be found here.
Treasury shares
During Q1 2026, Boozt repurchased 1,085,000 shares (1.2% of 
share capital) for SEK 97 million, completing the SEK 415 million 
buyback programme initiated at the 2025 AGM. In total, Boozt 
has now returned SEK 800 million to shareholders through share 
buybacks, fulfilling the commitment made at the 2023 CMD.
As of the date of this report, Boozt holds 9.6% of the share 
capital, equivalent to a total of 6,295,212 treasury shares, of 
which 1,744,867 are classified as C-shares.
On April 23, 2026, the AGM approved a reduction of the share 
capital through the cancellation of 3,608,971 ordinary shares 
repurchased as part of Boozt's share buyback programmes. 
After the cancellation, the number of shares in Boozt will be 
reduced to 62,000,000 (from 65,608,971), of which 1,744,867 will 
remain classified as C-shares. As a result of this share reduction, 
Boozt will own 2,686,241 own shares (including 1,744,867 C-
shares), or 4.3% of the share capital.
Parent company
Net revenue of the parent company in Q1 2026 amounted to 
SEK 19 million (31). The parent company has invoiced fees 
for management services in accordance with the Group’s 
intercompany 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 first 
quarter totalled SEK 1 million (-0).
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 . All identified risks as well 
as the risk management process is described in the Group’s 
Annual Report 2025 on pages 27-29.
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 
2025. 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 6P A G E _1 6
Consolidated 
financial statements
Consolidated income statement
SEK million Note Q1 2026 Q1 2025
Rolling 12 
months
Net revenue 2 1,662 1,652 8,297
Total operating income 1,662 1,652 8,297
Goods for resale -1,050 -1,024 -5,212
Other external costs -332 -349 -1,654
Cost of personnel -188 -208 -668
Depreciation and amortisation of tangible and intangible assets -70 -68 -333
Other operating costs -1 4 -11
Total operating costs -1,641 -1,646 -7,877
OPERA TING PROFIT (EBIT) 2 21 5 420
Financial income 2 10 12
Financial expenses 3 -9 -9 -41
Net financial items -6 1 -30
PROFIT BEFORE TAX 2 15 6 390
Income tax -4 -2 -83
PROFIT FOR THE PERIOD 10 4 307
Note Q1 2026 Q1 2025
Rolling 12 
months
Average number of shares (000) 60,026 64,425 61,601
Average number of shares after dilution (000) 62,723 68,170 65,954
Earnings per share (SEK) 0.17 0.07 4.99
Earnings per share after dilution (SEK) 0.17 0.06 4.66
Consolidated statement of comprehensive income
SEK million Note Q1 2026 Q1 2025
Rolling 12 
months
PROFIT FOR THE PERIOD 10 4 307
ITEMS THA T MA Y BE RE-CLASSIFIED TO THE 
INCOME STA TEMENT:
Cash flow hedge reserve -4 - -4
Translation differences 8 4 40
TOTAL COMPREHENSIVE PROFIT FOR THE PERIOD 14 8 348
A TTRIBUTABLE TO
Parent company's shareholders 14 8 348
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _1 7
Consolidated statement of financial position
SEK million Note Mar 31, 2026 Mar 31, 2025 Dec 31, 2025
ASSETS
Trademarks 4 92 91 91
Goodwill 4 293 291 290
Web platform 4 246 245 249
Total intangible assets 632 627 630
Right of use asset 657 462 381
Machinery and equipment 4 782 809 765
Total tangible assets 1,438 1,271 1,145
Deposits 29 21 28
Shares in associated companies 17 14 14
Deferred tax asset 203 13 10
Total other assets 249 48 52
Total non-current assets 2,319 1,946 1,827
Inventory 2,790 2,970 2,421
Accounts receivable 3 42 43 48
Other receivables 3 100 120 96
Current tax receivables 63 7 69
Prepaid expenses and accrued income 121 265 145
Cash and cash equivalents 3 239 391 1,098
Total current assets 3,356 3,796 3,878
TOTAL ASSETS 5,676 5,742 5,704
SEK million Note Mar 31, 2026 Mar 31, 2025 Dec 31, 2025
EQUITY AND LIABILITIES
Share capital 6 6 6
Other capital contributions 2,386 2,380 2,367
Reserves 22 23 18
Retained earnings including profit for the period 315 422 401
Total equity 2,728 2,831 2,793
Non-current interest bearing liabilities 3 - 382 0
Non-current lease liabilities 3 595 384 337
Other non-current provisions 14 19 21
Deferred tax liabilities 18 18 18
Total non-current liabilities 627 803 376
Current lease liabilities 3 118 99 104
Accounts payable 3 1,541 1,437 1,384
Current tax liabilities 202 13 84
Other liabilities 3 162 183 533
Accrued expenses and prepaid income 297 376 430
Total current liabilities 2,320 2,108 2,535
Total liabilities 2,947 2,911 2,911
TOTAL EQUITY AND LIABILITIES 5,676 5,742 5,704
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P 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, 2025 6 2,372 53 553 2,983
Profit for the period - - - 4 4
Other comprehensive income - - -30 - -30
COMPREHENSIVE PROFIT /LOSS FOR THE PERIOD 0 0 -30 4 -26
Sharebased compensation - 8 - - 8
Share buyback - - - -134 -134
Total transaction with owners 0 8 0 -134 -126
Equity as per Mar 31, 2025 6 2,380 23 422 2,831
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, 2026 6 2,367 18 401 2,793
Profit for the period - - - 10 10
Other comprehensive income - - 4 - 4
COMPREHENSIVE PROFIT /LOSS FOR THE PERIOD 0 0 4 10 14
Sharebased compensation - 19 - - 19
Share buyback - - - -97 -97
Total transaction with owners 0 19 0 -97 -78
Equity as per Mar 31, 2026 6 2,386 22 315 2,728
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _1 9
Consolidated statement of cash flow
SEK million Note Q1 2026 Q1 2025
Rolling 12 
months
Operating profit 21 5 420
Adjustments for non-cash items:
Non-cash remuneration from share based payments (social charges) 19 8 7
Non-cash remuneration from share based payments -9 -2 -14
Depreciation 70 68 333
Other items not included in cash flow 4 - 13
Redemption of share based payments (social charges) - - -1
Interest received 2 10 11
Interest paid 3 -9 -9 -42
Paid income tax -74 -25 -143
CASH FLOW FROM OPERA TING ACTIVITIES BEFORE CHANGES IN 
WORKING CAPITAL 25 55 585
Changes in inventory -369 -296 180
Changes in current assets 25 -16 165
Changes in current liabilities -354 -309 -2
Cash flow from changes working capital -697 -622 344
CASH FLOW FROM OPERA TING ACTIVITIES -672 -567 928
SEK million Note Q1 2026 Q1 2025
Rolling 12 
months
Acquisition of operations, net liquidity effect 4 -3 - -3
Investments in fixed assets 4 -44 -17 -74
Change in financial assets 4 -1 -11 -8
Investments in intangible assets 4 -21 -25 -93
CASH FLOW FROM INVESTING ACTIVITIES 4 -69 -53 -178
Share buyback -97 -134 -415
New loans 200 283 538
Repayments of loans -200 -280 -921
Repayments of lease liability -22 -29 -102
CASH FLOW FROM FINANCING ACTIVITIES -119 -160 -900
Cash flow for the period -860 -780 -150
Currency exchange gains/losses in cash and cash equivalents 1 -4 -2
Cash and cash equivalents beginning of period 1,098 1,174 391
CASH AND CASH EQUIVALENTS END OF PERIOD 239 391 239
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P 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 2025 Annual Report. Amended or new standards taking effect from 
January 1, 2026 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 2025 Annual Report on page 105.
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 2026 Q1 2025 Rolling 12 months
NET REVENUE
Boozt.com 1,353 1,324 6,688
Booztlet.com 309 328 1,609
TOTAL NET REVENUE 1,662 1,652 8,297
EBIT
Boozt.com 16 14 365
Booztlet.com 5 -8 55
TOTAL EBIT 21 6 420
EARNINGS BEFORE TAX
Boozt.com 11 15 340
Booztlet.com 4 -8 50
EARNINGS BEFORE TAX 15 7 390
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _2 1
Note 3 - Financial instruments
31 Mar, 2025 (SEK million)
Financial 
assets valued 
at amortised 
cost
Financial 
liabilities 
valued at 
amortised cost
Financial 
instruments 
measured at 
fair value via 
income 
statement
Total carrying 
amount Fair value
Financial assets
Deposits 21 - - 21 21
Accounts receivables 43 - - 43 43
Other receivables 120 - - 120 120
Cash and cash equivalents 391 - - 391 391
Total financial assets 575 0 0 575 575
Financial liabilities
Liabilities to credit institutions - 382 - 382 382
Accounts payables - 1,437 - 1,437 1,437
Other liabilities - 183 0 183 183
Lease liabilities - 483 - 483 483
Total financial liabilities 0 2,486 0 2,486 2,486
31 Mar, 2026 (SEK million)
Financial 
assets valued 
at amortised 
cost
Financial 
liabilities 
valued at 
amortised cost
Financial 
instruments 
measured at 
fair value via 
income 
statement
Total carrying 
amount Fair value
Financial assets
Deposits 29 - - 29 29
Accounts receivables 42 - - 42 42
Other receivables 100 - - 100 100
Cash and cash equivalents 239 - - 239 239
Total financial assets 410 0 0 410 410
Financial liabilities
Accounts payables - 1,541 - 1,541 1,541
Other liabilities - 156 6 162 162
Lease liabilities - 713 - 713 713
Total financial liabilities 0 2,410 6 2,416 2,416
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _2 2
Calculation of fair value
The Group has derivative instruments that comprise foreign exchange forward used for economic hedging purposes, which are 
measured at fair value according to Level 2 of the valuation hierarchy . Derivative receivables amount to SEK 0 million (0). Other 
financial liabilities measured at fair value through profit or loss comprise currency hedges amounting to SEK 6 million (0). 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 
101 and Note 28 on page 122 in the Annual Report 2025.
SEK million Q1 2026 Q1 2025 Rolling 12 months
Interest income 2 10 12
Interest expenses -4 -5 -25
Interest expense leases -4 -4 -17
Net change in value of receivables measured at fair value 
via income statement 0 0 0
Total net financial items -6 1 -30
Note 4 - Investments
SEK million Q1 2026 Q1 2025 Rolling 12 months
Acquisition of fixed assets (other capex) -33 0 -36
Acquisition of fixed assets (warehouse capex) -11 -17 -38
Total -44 -18 -73
Acquisition of operations -3 0 -3
Change in financial assets -1 -11 -8
Total -4 -11 -11
Acquisition of intangible assets (capitalised 
development costs) -21 -25 -92
Acquisition of intangible assets (other) 0 0 -1
Total -21 -25 -93
Cash flow from investments -69 -53 -178
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _2 3
Parent company 
financial statements
Parent company income statement
SEK million Q1 2026 Q1 2025 Rolling 12 months
Net revenue 19 31 69
Total operating income 19 31 69
Other external costs -3 -3 -12
Cost of personnel -14 -23 -56
Total operating costs -17 -26 -68
OPERA TING PROFIT (EBIT) 2 5 1
Financial income 0 0 0
Financial expenses -0 0 -1
Net financial items -0 0 -1
PROFIT AFTER FINANCIAL ITEMS 2 5 1
Group contributions 0 -5 0
RESUL T BEFORE TAX 2 -0 1
Income tax -1 -0 -1
PROFIT FOR THE PERIOD 1 -0 -1
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _2 4
Parent company financial position
SEK million Mar 31, 2026 Mar 31, 2025 Dec 31, 2025
Shares in Group companies 831 831 831
Shares in associated companies 17 14 14
Total non-current assets 848 845 845
Other receivables 0 0 0
Receivables from Group companies 374 818 483
Current tax assets - - -
Prepaid expenses and accrued income 1 1 0
Cash and cash equivalents 7 5 12
Total current assets 382 825 496
TOTAL ASSETS 1,230 1,670 1,341
SEK million Mar 31, 2026 Mar 31, 2025 Dec 31, 2025
Share capital 6 6 6
Total restricted equity 6 6 6
Share premium reserve 2,219 2,214 2,210
Retained earnings -1,044 -624 -950
Earnings for the period 1 0 2
Total unrestricted equity 1,175 1,589 1,262
TOTAL EQUITY 1,181 1,595 1,268
Other provisions 1 12 7
Total non-current liabilities 1 12 7
Accounts payable 1 1 0
Current tax liabilities 2 1 2
Liabilities to Group companies 38 38 38
Other liabilities 4 7 4
Accrued expenses and prepaid income 4 16 21
Total current liabilities 48 63 66
TOTAL LIABILITIES 49 75 73
TOTAL EQUITY AND LIABILITIES 1,230 1,670 1,341
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P A G E _2 5
Audit
This report was not subjected 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, and performance and describes the material risks and uncertainties facing the Parent Company and the 
companies in the Group.
23 April 2026
Henrik Theilbjørn
Chairman of the Board
Jón Björnsson
Board member
Hans J. Carstensen
Board member
Cecilia Lannebo
Board member
Fiona Mullan
Board member
Johannes Møller Westh
Board member
Julie Wiese
Board member
Hermann Haraldsson
Group CEO
HIGHLIGHTS BUSINESS REVIEW FINANCIAL STATEMENTS ADDITIONAL INFORMATION

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

B O O Z T  G R O U PQ 1  2 0 2 6P 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, “Interim Report Q1 2026” - "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 6P A G E _2 7
Financial calendar
14 August 2026
Interim Financial Report for Q2 2026
3 November 2026
Interim Financial Report for Q3 2026
Consolidated financial statements are available at www.booztgroup.com.
In case of enquiries or questions, please contact:
Magnus Thorstholm Jensen, Head of Investor Relations
matj@boozt.com / +45 30 50 44 02
This report is such information that 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 17:35 CEST on 23 April 2026.
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: Under Krystallen 1, 1562 Copenhagen, Denmark 
E-mail: info@boozt.com  
www.booztgroup.com  
Org. nr: 556793-5183
VAT nr: SE556793518301