Datum Källa Rubrik Typ Alternativ
2023-07-03 eEducation Albert Albert invests heavily in languages - launches the app Holy Owly in Sweden Pressreleaser Ladda ner | Visa Stäng
2023-07-03 eEducation Albert Albert satsar stort på språk - lanserar appen Holy Owly i Sverige Pressreleaser Ladda ner | Visa Stäng
2023-06-28 eEducation Albert Albert and Ronald McDonald House Charities enters into a partnership Pressreleaser Ladda ner | Visa Stäng
2023-06-28 eEducation Albert Albert och Ronald McDonald Barnfond ingår partnerskap Pressreleaser Ladda ner | Visa Stäng
2023-06-28 eEducation Albert McDonald's and Albert enter into a long-term partnership in the Nordic region Pressreleaser Ladda ner | Visa Stäng
2023-06-28 eEducation Albert McDonald's och Albert ingår långsiktigt partnerskap i Norden Pressreleaser Ladda ner | Visa Stäng
2023-06-20 eEducation Albert Albert and Gröna Hjältar enter into a collaboration – for children and a more sustainable future Pressreleaser Ladda ner | Visa Stäng
2023-06-20 eEducation Albert Albert och Gröna Hjältar ingår samarbete – för barn och en hållbar framtid Pressreleaser Ladda ner | Visa Stäng
2023-06-16 eEducation Albert Albert appoints Katarina Strivall as Chief Financial Officer Pressreleaser Ladda ner | Visa Stäng
2023-06-16 eEducation Albert Albert tillsätter Katarina Strivall som Chief Financial Officer Pressreleaser Ladda ner | Visa Stäng
2023-06-13 eEducation Albert Albert and Bonnier Carlsen now launches math textbook for the age category 6-9 years Pressreleaser Ladda ner | Visa Stäng
2023-06-13 eEducation Albert Albert och Bonnierförlagen lanserar matematikbok för ålderskategorin 6-9 år Pressreleaser Ladda ner | Visa Stäng
2023-06-09 eEducation Albert Successful pilot project between Akelius and Albert completed - paves the way for deepen collaboration Pressreleaser Ladda ner | Visa Stäng
2023-06-09 eEducation Albert Framgångsrikt pilotprojekt mellan Akelius och Albert genomfört - bereder väg för fördjupat samarbete Pressreleaser Ladda ner | Visa Stäng
2023-06-01 eEducation Albert Kommuniké från årsstämma i eEducation Albert AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-05-30 Penser Access Penser Access: Starkt kassaflöde och steg mot lönsamhet - eEducation Albert Pressreleaser Visa Stäng
2023-05-29 Penser Access Penser Access: Intervju med eEducation Albert - Erik Penser Bank - 26 maj 2023 Pressreleaser Visa Stäng
2023-05-26 Pinpoint Estimates Pinpoint Estimates: eEducation Alberts rapport över förväntningarna Pressreleaser Ladda ner | Visa Stäng
2023-05-26 eEducation Albert Delårsrapport för januari - mars 2023 Rapporter Ladda ner | Visa Stäng
2023-05-26 eEducation Albert Interim report for January - March 2023 Rapporter Ladda ner | Visa Stäng
Rapporter | 26 May 2023 | eEducation Albert

Interim report for January – March 2023

NET SALES INCREASE BY 93 PERCENT WITH IMPROVED EBITA OF 45 PERCENT. ACQUISITIONS CONTRIBUTE TO POSITIVE CASH FLOW AT GROUP LEVEL

JANUARY – MARCH 2023
• Annual recurring revenue (ARR) amounted to SEK 213.2 (115.8) million, corresponding to an increase of 84
percent, of which 16 percent relates to organic growth and 68 percent acquired growth.
• Net sales amounted to SEK 47.463 (24.599) thousand, corresponding to an increase of 93 percent, of which 15
percent relates to organic growth and 78 percent acquired growth.
• EBITA amounted to SEK -10,175 (-22.429) thousand. Nonrecurring items affected EBITA with SEK – 3.104
thousand which related to transaction costs in connection with the acquisition of ARPU Management AB,
Strawbees AB and Kids MBA SAS during January 2023.
• Result before tax for the period amounted to SEK -22.187 (-25.182) thousand.
• Result after tax for the period amounted to SEK -20.311 (-24.610) thousand.
• Earnings per share amounted to SEK -0.81 (-1.39), before and after dilution.
• Cash flow from operating activities amounted to SEK 2.423 (-24.958) thousand.
• Net cash (-) / liability by the end of the period summarize to SEK -105,710 (-155,378) thousand.
• Cash and cash equivalents at the end of the period amount to SEK 116.319 (155.378) thousand.

SIGNIFICANT EVENTS DURING THE FIRST QUARTER 2023
• In January, the announced directed share issue was completed, resulting in a capital injection of approximately
70 million SEK before transaction costs, and the number of shares increased by 4,099,410.
• In January, all acquisitions, including ARPU Management AB, Strawbees AB, and Kids MBA SAS, which were
announced in December 2022, were finalized.

AFTER THE END OF THE PERIOD
• In May, it was announced that the board had appointed Jonas Mårtensson as the new CEO. Additionally, Anne-
Louise Wirén was appointed as the new Vice-CEO. Both individuals have previous experience within the Albert
Group and will assume their respective positions no later than September 1, 2023.

FOUNDER’S COMMENT
We can happily and proudly summarize the first quarter of the year, which was characterized by strong sales growth and clear steps towards profitability for the group, in line with the communicated strategy. We see a clear value that has been realized through our completed acquisitions, which have increased our exposure to the B2B market. The first and third quarters of the year are typically billing periods for schools and municipalities, which have had a strong impact on our cash flow, which has been positive at the group level during the quarter. Furthermore, we have appointed a solid and competent group management that prepares the company well for the future. The focus on profitable growth remains, which is evident in the quarter. EBITA amounted to -10.2 million SEK, which was an improvement of 45 percent compared to the previous year. Adjusted for one-time items related to acquisitions, amounted to -7.1 million SEK, which is an improvement of 69 percent compared to the previous year, where operational cost savings have been the major contributing factor to the positive development of the operating result.

Profitable growth through our own cash flow is a focus area for Albert. Operational efficiency is therefore high on the agenda and permeates the entire organization. The same applies to optimizing cash flow, where we maintain a high level of commitment to streamline working capital. The cash should drive the company towards profitability while also providing liquidity to support future growth opportunities that arise.

Net sales for the quarter amounted to 47.5 million SEK, which is an impressive growth increase of 93 percent compared to the same period last year, of which 15 percent is organic growth and 78 percent is contribution from acquisitions. Our Annual Recurring Revenue (ARR) now amounts to 213.2 million SEK, representing an 84 percent increase. All group companies are growing and performing according to plan, which is clear evidence that we have a solid market position while the demand from our customers in both B2B and B2C segments remains high.

Successful integration of our acquired businesses is key to solidifying and strengthening our position while being a necessity to achieve our full potential in these strategic investments. During the quarter, we initiated integration projects to ensure an efficient transition for these companies. The integration work is proceeding according to plan, and we are pleased to highlight Kids MBA (Holy Owly), which has already been well integrated in terms of internal governance, management, and marketing. We look forward with confidence to leveraging the strengths, expertise, products, and distribution power across the group’s different companies to drive future growth and create additional value for customers, employees, and shareholders.

Throughout the quarter, we have been exploring synergies between all companies and operations, with a focus on quickly identifying opportunities for shared resources, technologies, and market knowledge. Revenue synergies between our B2B companies have been high on the integration agenda, and we have completed an initial market survey for potential cross-selling between Strawbees and Sumdog in the UK, with positive results. We are looking forward to continued integration and synergy work.

In parallel with all of the above, our team has been working hard throughout the quarter to continuously update all our apps and services with user interfaces, technology, and content to always be at the forefront of offering a high-quality user and learning experience. This has been done while successfully delivering an Easter campaign in the B2C business, maintaining low customer acquisition costs while achieving a high influx of new customers who converted into paying subscribers after Easter, during the first period of the second quarter. Furthermore, the launch of Bamse on the Jaramba platform has been successful and highly appreciated by our customers.

Looking ahead, we remain optimistic about our growth potential. We will continue to prioritize profitability, cash flow, and operational efficiency while executing and investing in opportunities that contribute to growth. At the same time, we have a steady focus on ongoing integration and synergy efforts to deliver high value for all our stakeholders and position ourselves well for future successes.

Finally, we would like to extend a big thank you to our dedicated employees, loyal customers, and especially our supportive shareholders for their continued support, trust, and engagement. We are confident that together we will achieve new milestones and reap new successes in our shared journey of democratizing knowledge through technology.

Link to the report
The report is attached to this press release and is available at:  https://investors.hejalbert.se/uk/reports

Presentation of the report
Today at 09.00 CET, founders Arta Mandegari and Salman Eskandari as well as CFO Martin Dahlgren will hold a presentation of the report via webcast. Link: https://www.finwire.tv/webcast/albert/q1-2023/

2023-05-22 eEducation Albert Inbjudan till presentation av Alberts delårsrapport för januari-mars 2023 Pressreleaser Ladda ner | Visa Stäng
2023-05-22 eEducation Albert Invitation to the presentation of Albert's interim report for January-March 2023 Pressreleaser Ladda ner | Visa Stäng
2023-05-09 eEducation Albert Albert publicerar årsredovisning för 2022 Rapporter Ladda ner | Visa Stäng
2023-05-02 eEducation Albert Notice to the annual general meeting of eEducation Albert AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-05-02 eEducation Albert Kallelse till årsstämma i eEducation Albert AB (publ) Pressreleaser Ladda ner | Visa Stäng
2023-05-02 eEducation Albert eEducation Albert appoints new CEO and Deputy CEO Pressreleaser Ladda ner | Visa Stäng
2023-05-02 eEducation Albert eEducation Albert tillsätter ny vd och vice vd Pressreleaser Ladda ner | Visa Stäng
2023-04-27 eEducation Albert EdTech company Albert gives UK students over 600 free lessons to revise for the GCSEs Pressreleaser Ladda ner | Visa Stäng
2023-04-27 eEducation Albert Albert ger studenter i Storbritannien tillgång till gratis utbildningsmaterial Pressreleaser Ladda ner | Visa Stäng
2023-04-24 eEducation Albert Albert and BookBeat in new partnership - creating additional value for their customers Pressreleaser Ladda ner | Visa Stäng
2023-04-24 eEducation Albert Albert och BookBeat i nytt partnerskap - skapar ytterligare värde för sina kunder Pressreleaser Ladda ner | Visa Stäng
2023-04-21 Penser Access Penser Access: Minskad volatilitet i intäkter återspeglas inte i värdering - eEducation Albert Pressreleaser Visa Stäng
2023-04-14 eEducation Albert Albert broadens its range - launches Bamse in the Jaramba app Pressreleaser Ladda ner | Visa Stäng
2023-04-14 eEducation Albert Albert breddar sitt utbud - lanserar Bamse i Jaramba-appen Pressreleaser Ladda ner | Visa Stäng
2023-03-31 eEducation Albert Sumdog signs a new school agreement - strengthens B2B business area in the US Pressreleaser Ladda ner | Visa Stäng
2023-03-31 eEducation Albert Sumdog ingår ett nytt skolavtal - stärker B2B-affärsområdet i USA Pressreleaser Ladda ner | Visa Stäng
2023-03-30 eEducation Albert Albert's founder sells shares for personal financial reasons Pressreleaser Ladda ner | Visa Stäng
2023-03-30 eEducation Albert Alberts grundare säljer av privatekonomiska skäl Pressreleaser Ladda ner | Visa Stäng
2023-03-03 eEducation Albert Albert and Göteborgsvarvet enter into partnership – to promote children's activity and learning Pressreleaser Ladda ner | Visa Stäng
2023-03-03 eEducation Albert Albert och Göteborgsvarvet ingår partnerskap - främjar barnens aktivitet och lärande Pressreleaser Ladda ner | Visa Stäng
2023-03-02 eEducation Albert Sumdog, ett företag inom Albert-gruppen, justerar sin affärsmodell för ökad tillväxt och förbättrad lönsamhet Pressreleaser Ladda ner | Visa Stäng
2023-03-02 eEducation Albert Sumdog, a company within the Albert group, pivots it business model to drive growth and profitability Pressreleaser Ladda ner | Visa Stäng
2023-02-27 Penser Access Penser Access: Intervju med eEducation Albert - Erik Penser Bank - 27 februari 2023 Pressreleaser Visa Stäng
2023-02-24 Pinpoint Estimates Pinpoint Estimates: eEducation Alberts nettoomsättning i linje med förväntningarna Pressreleaser Ladda ner | Visa Stäng
2023-02-24 eEducation Albert YEAR-END REPORT JANUARY – DECEMBER 2022 Rapporter Ladda ner | Visa Stäng
2023-02-24 eEducation Albert BOKSLUTSKOMMUNIKÉ JANUARI – DECEMBER 2022 Rapporter Ladda ner | Visa Stäng
2023-02-23 eEducation Albert Albert lanserar synergi inom koncernen - Albert och Strawbees bundlar produkterbjudande Pressreleaser Ladda ner | Visa Stäng
2023-02-23 eEducation Albert Albert launches synergy within the group - Albert and Strawbees bundle product offering Pressreleaser Ladda ner | Visa Stäng
2023-02-22 eEducation Albert Inbjudan till presentation av Alberts bokslutskommuniké för januari-december 2022 Pressreleaser Ladda ner | Visa Stäng
2023-02-22 eEducation Albert Invitation to the presentation of Albert's year-end report for January-December 2022 Pressreleaser Ladda ner | Visa Stäng
2023-01-31 eEducation Albert Albert slutför förvärvet av Strawbees Analyser Ladda ner | Visa Stäng
2023-01-31 eEducation Albert Albert completes the acquisition of Strawbees Analyser Ladda ner | Visa Stäng
2023-01-20 eEducation Albert Albert completes the acquisition of Kids MBA SAS (Holy Owly) Analyser Ladda ner | Visa Stäng
2023-01-20 eEducation Albert Albert slutför förvärvet av Kids MBA SAS (Holy Owly) Analyser Ladda ner | Visa Stäng
2023-01-19 eEducation Albert eEducation Albert anlitar Likviditetsgarant till Erik Penser Bank AB Analyser Ladda ner | Visa Stäng
2023-01-19 eEducation Albert eEducation Albert hires Erik Penser Bank AB as market maker Analyser Ladda ner | Visa Stäng
2023-01-17 eEducation Albert Albert slutför förvärvet av ARPU Management (Film och Skola) Analyser Ladda ner | Visa Stäng
2023-01-17 eEducation Albert Albert completes the acquisition of APRU Management (Film och Skola) Analyser Ladda ner | Visa Stäng
2023-01-13 eEducation Albert eEducation Albert signs pilot agreement for the sale of Albert's licenses in MediaMarkt's stores Analyser Ladda ner | Visa Stäng
2023-01-13 eEducation Albert eEducation Albert signerar pilotavtal för försäljning av Alberts licenser i MediaMarkts butiker Analyser Ladda ner | Visa Stäng
2023-01-04 eEducation Albert Kommuniké från extra bolagsstämma i eEducation Albert AB (publ) Analyser Ladda ner | Visa Stäng
2023-01-04 eEducation Albert Bulletin from Extraordinary General Meeting in eEducation Albert AB (publ) Analyser Ladda ner | Visa Stäng
2022-12-23 Penser Access Penser Access: Intervju med eEducation Albert - Erik Penser Bank - 23 december 2022 Analyser Visa Stäng
2022-12-19 eEducation Albert Notice of extraordinary general meeting in eEducation Albert AB (publ) Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Kallelse till extra bolagsstämma i eEducation Albert AB (publ) Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert has completed a directed share issue of 4,099,410 shares and is hereby provided with MSEK 70 before transaction costs Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert har genomfört en riktad nyemission om 4 099 410 aktier och tillförs härigenom 70 MSEK före transaktionskostnader Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert avser att genomföra en riktad nyemission av aktier Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert intends to carry out a directed share issue Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert acquires three companies which contributes approximately MSEK 77 in ARR and accelerates the company’s growth and path to increased profitability Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert förvärvar tre bolag som bidrar med cirka 77 MSEK i ARR och accelererar bolagets tillväxt och väg till ökad lönsamhet Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert has entered into an agreement to acquire Holy Owly which contributes approximately MSEK 10 in ARR Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert ingår avtal om förvärv av Holy Owly som bidrar med cirka 10 MSEK i ARR Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert ingår avtal om förvärv av ARPU Management (Film och Skola) som adderar cirka 48 MSEK i ARR Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert has entered into an agreement to acquire ARPU Management (Film och Skola) which adds approximately MSEK 48 in ARR Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert ingår avtal om förvärv av Strawbees som bidrar med cirka 19 MSEK i ARR Analyser Ladda ner | Visa Stäng
2022-12-19 eEducation Albert Albert has entered into an agreement to acquire Strawbees which contributes approximately MSEK 19 in ARR Analyser Ladda ner | Visa Stäng
2022-11-02 Penser Access Penser Access: Tar ett stort steg mot finansiella mål - eEducation Albert Analyser Visa Stäng
2022-11-01 Pinpoint Estimates Pinpoint Estimates: eEducation Alberts nettoomsättning i linje med Pinpointkonsensus Analyser Ladda ner | Visa Stäng
2022-11-01 eEducation Albert Delårsrapport för januari - september 2022 Analyser Ladda ner | Visa Stäng
2022-11-01 eEducation Albert Interim report for January - September 2022 Analyser Ladda ner | Visa Stäng
2022-10-26 eEducation Albert Invitation to the presentation of Albert's interim report for January-September 2022 Analyser Ladda ner | Visa Stäng
2022-10-26 eEducation Albert Inbjudan till presentation av Alberts delårsrapport för januari-september 2022 Analyser Ladda ner | Visa Stäng
2022-10-21 eEducation Albert eEducation Albert strengthens the market position in the Nordics - launches in Finland as a new market Analyser Ladda ner | Visa Stäng
2022-10-21 eEducation Albert eEducation Albert stärker sin position ytterligare i Norden - lanserar Finland som ny marknad Analyser Ladda ner | Visa Stäng
2022-10-19 eEducation Albert eEducation Albert AB clarifies the outcome of the issue of shares to employee stock option holders Analyser Ladda ner | Visa Stäng
2022-10-19 eEducation Albert eEducation Albert AB förtydligar utfall av emissionen av aktier till personaloptionsinnehavare Analyser Ladda ner | Visa Stäng
2022-10-14 eEducation Albert eEducation Albert AB publishes the results of the directed new share issue Analyser Ladda ner | Visa Stäng
2022-10-14 eEducation Albert eEducation Albert AB offentliggör utfall av den riktade nyemissionen Analyser Ladda ner | Visa Stäng
2022-09-27 eEducation Albert Kommuniké från extra bolagsstämma i eEducation Albert AB (publ) Analyser Ladda ner | Visa Stäng
2022-09-27 eEducation Albert Communiqué from the extraordinary shareholders’ meeting in eEducation Albert AB (publ) Analyser Ladda ner | Visa Stäng
2022-09-05 eEducation Albert eEducation Albert signs a license agreement with Hatten Förlag and Babblarna via Jaramba Analyser Ladda ner | Visa Stäng
2022-09-05 eEducation Albert eEducation Albert inleder via Jaramba licensavtal med Hatten Förlag och Babblarna Analyser Ladda ner | Visa Stäng
2022-09-01 eEducation Albert Kallelse till extra bolagsstämma i eEducation Albert AB (publ) Analyser Ladda ner | Visa Stäng

Kommande händelser

8 May 2024 | Kvartalsrapport 2024-Q1
16 May 2024 | Årsstämma 2023
17 May 2024 | Årligutdelning
22 Aug 2024 | Kvartalsrapport 2024-Q2
22 Oct 2024 | Kvartalsrapport 2024-Q3