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Year-end report January 1 – December 31 2023

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In the fourth quarter 2023, Acconeer's net sales amounted to 10,612 kSEK, and the product revenue increased by 48% compared to the third quarter. The company sold approximately 153,000 sensors and 10,000 modules. In the quarter 308 evaluation kits were sold, and an accumulated 7,341 EVKs have been sold since launch. The gross margin on sales of goods in Q4 was 60% and 11 new customer products were launched. After the quarter, it was announced that the company intends to carry out a fully guaranteed rights issue of SEK 150 million.

CEO Lars Lindell comments: “Highlights of the fourth quarter were major advances in the automotive industry, with several important design wins with major companies. In addition, we received the first prototypes of our next generation radar sensor, and we are pleased to say that these are performing above expectations, giving us confidence as we continue to develop and commercialize the A2.”

FOURTH QUARTER

  • Net sales for the fourth quarter amounted to kSEK 10,612 (13,859) TSEK.
  • The gross margin on sales of goods was 60 (56) %.
  • Result after taxes amounted to kSEK-11,289 (-10,428).
  • Earnings per share before and after dilution was SEK -0.42 (-0.40).
  • The cash flow from operating activities was kSEK -9,846 (-6,973).

FULL YEAR

  • Net sales for the full year amounted to kSEK 35,522 (46,825).
  • The gross margin on sales of goods was 62 (59)%.
  • Result after taxes amounted to kSEK -46,504 (-47,154).
  • Earnings per share before and after dilution was SEK -1.76 (-1.81).
  • The cash flow from operating activities was kSEK -37,276 (-36,220).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 38,653 (89,883).

SIGNIFICANT EVENTS DURING THE FOURTH QUARTER

  • Acconeer received order from NEXTY worth USD 150,000.
  • Large Japanese electronics company launched module based on Acconeer’s A1 radar sensor.
  • Acconeer announced five new automotive design wins to an estimated value of USD four million.
  • Acconeer received order from NEXTY worth USD 190k.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer announced automotive design win to an estimated value of USD 5 million.
  • It was announced that Acconeer intends to carry out a fully guaranteed rights issue of approximately SEK 150 million, financial targets and preliminary financial information for FY 2023 was announced.

The year-end report is attached to this press release and available through Acconeer's website: https://www.acconeer.com/investor_page/home/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer Q4 2023 EN

Acconeer Q4 2023 EN
2024-02-16

Interim report Q3 2023

By

In the third quarter 2023, Acconeer's net sales amounted to kSEK 8,379. More than 11,000 modules and approximately 96,000 sensors were sold. In total, Acconeer has sold 1,752,365 radar sensors and 160,903 modules since launch. In the quarter 364 evaluation kits were sold, and an accumulated 7,033EVKs have been sold since launch. The gross margin in Q3 was 67% and 12 new customer products were launched.

CEO Lars Lindell comments: “We are very happy to see good progress in the automotive industry, where we now have four launched car models in total from one of the largest players in the industry. This is pleasing as it indicates that the system for access control incorporating Acconeer's sensor has become a standard product, and we hope for many more launches going forward. We were also happy to see as much as twelve launched customer products.”

THIRD QUARTER

  • Net sales for the third quarter amounted to kSEK 8,379 (12,066).
  • The gross margin on sales of goods was 67 (58)%.
  • Result after taxes amounted to kSEK-9,590 (-10,648).
  • Earnings per share before and after dilution was SEK -0.36 (-0.40).
  • The cash flow from operating activities was kSEK -6,895 (-8,094).

JANUARI-SEPTEMBER

  • Net sales for nine months amounted to kSEK 24,910 (32,966).
  • The gross margin on sales of goods was 62 (60)%.
  • Result after taxes amounted to kSEK -35,215 (-36,726).
  • Earnings per share before and after dilution was SEK -1.33 (-1.55).
  • The cash flow from operating activities was kSEK -27,430 (-29,247).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 42,431 (112,649).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer partners with Convergence Promotions to expand sales network in North America.
  • Acconeer signed distribution agreement with Turkish Ansal Component.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer received order from Nexty worth USD 150,000.

The interim report is attached to this press release and available through Acconeer's website: https://www.acconeer.com/investor_page/home/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-10-27 07:30 CEST.

Attachments
Acconeer Q3 2023 ENG

Acconeer Q3 2023 ENG
2023-10-27

Interim report Q2 2023

By

In the second quarter 2023, Acconeer's net sales amounted to kSEK 6,399. Close to 15,000 modules and 67,000 sensors were sold. In total, Acconeer has sold 1,656,662 radar sensors and 149,678 modules since launch. In the quarter as much as 425 evaluation kits were sold, and an accumulated 6,669 EVKs have been sold since launch. The gross margin in Q2 was 61% and eight new customer products were launched.

CEO Lars Lindell comments: “We are of course disappointed by the weak sales, but seeing strong sales of EVKs and high customer activity we are convinced that the weak sales are due to the general temporary industry downturn. Besides this, the most important event during Q2 was the new regulations for the US market, which will open up for new and existing customers to expand their business in North America.”

SECOND QUARTER

  • Net sales for the second quarter amounted to kSEK 6,399 (10,779).
  • The gross margin on sales of goods was 61 (62)%.
  • Result after taxes amounted to kSEK -13,498 (-12,197).
  • Earnings per share before and after dilution was SEK -0.51 (-0.47) SEK.
  • The cash flow from operating activities was kSEK -10,803 (-10,028).

FIRST SIX MONTHS

  • Net sales for the first six months amounted to kSEK 16,530 (20,900).
  • The gross margin on sales of goods was 60 (62)%.
  • Result after taxes amounted to kSEK -25,625 (-26,078).
  • Earnings per share before and after dilution was SEK -0.97 (-1.01).
  • The cash flow from operating activities was kSEK -20,535 (-21,153).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 30,541 (117,941).

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeer signed distribution agreement with Korean TecAhead.
  • Acconeer received automotive design win with a forecasted value of USD 800k.
  • Acconeer received order from Micro Summit K.K. worth USD 138k.
  • Acconeer received order from SweIoT worth USD 104k.
  • Acconeer signed a loan facility agreement of up to SEK 60 million.
  • Acconeer received order from BEYD worth USD 160k.
  • Distribution agreement was signed with Data JCE Electronic.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer partners with Convergence Promotions to expand sales network in North America.

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

About Acconeer AB
With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

This information is information that Acconeer is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-07-21 07:30 CEST.

Attachments
Acconeer Q2 2023 ENG

Acconeer Q2 2023 ENG
2023-07-21

Interim report Q1 2023

By

In the first quarter 2023, Acconeer's net sales amounted to kSEK 10,131. More than 20,000 modules and 116,000 sensors were sold. In total, Acconeer has sold 1,589,665 radar sensors and 134,979 modules since launch. In the quarter 303 evaluation kits were sold, and an accumulated 6,244 EVKs have been sold since launch. The gross margin in Q1 was 60% and six new customer products were launched.

CEO Lars Lindell comments: "The biggest news in Q1 2023 was that we could declare our A121 sensor ready for mass production, and customers can now buy it in volume from our distributors. Otherwise the quarter was weaker than expected, which is due to that our customers are reducing the inventories they built during the previous component shortage. After the end of the quarter, we were happy to receive an important design win in the automotive industry, with one of the world's largest car manufacturing companies."

FIRST QUARTER

  • Net sales for the first quarter amounted to kSEK 10,131 (10,121).
  • The gross margin on sales of goods was 60 (62)%.
  • Result after taxes amounted to kSEK -12,127 (-13,881).
  • Earnings per share before and after dilution was SEK -0,46 (-0,54).
  • The cash flow from operating activities was kSEK -9,732 (-11,125).

 

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Acconeer received order from Digi-Key worth USD 100k.
  • Acconeer's pulsed coherent radar sensor A121 ready for mass production.
  • Acconeer launched first A121-based radar module – XM125 Entry+ Module.
  • Acconeer signed manufacturing agreement with leading semiconductor supplier.

 

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer signed distribution agreement with Korean TecAhead.
  • Acconeer received automotive design win with a forecasted value of USD 800k.

 

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

 

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on April 21, 2023, 07:30.

The following documents can be retrieved from beQuoted
Q1-report-2023.pdf
Acconeer-Q1 2023 ENG 230421.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Q1-report-2023.pdf
Acconeer-Q1 2023 ENG 230421.pdf

Q1-report-2023.pdf
Acconeer-Q1 2023 ENG 230421.pdf
2023-04-21

Year-end report January 1 – December 31 2022

By

In the fourth quarter 2022, Acconeer's net sales amounted to 13,859 kSEK, and the product revenue increased by 74% compared to the same quarter last year. A record number of sensors were sold, 264,783 and 14,140 modules were sold. In total, Acconeer has sold 1,473,379 radar sensors and 114,892 modules since launch. In the quarter 346 evaluation kits were sold, and an accumulated 5,941 EVKs have been sold since launch. The gross margin in Q4 was 56% and 10 new customer products were launched.

CEO Lars Lindell comments: "It feels good to be able to say that we made yet another strong quarter, as the fourth quarter 2022 was the eleventh consecutive quarter of growing revenue."

 

FOURTH QUARTER

  • Net sales for the fourth quarter amounted to kSEK 13,859 (8,110) TSEK.
  • The gross margin on sales of goods was 56 (72) %.
  • Result after taxes amounted to kSEK-10,428 (-17,257).
  • Earnings per share before and after dilution was SEK -0.40 (-0.74).
  • The cash flow from operating activities was kSEK -6,973 (-14,013).

 

FULL YEAR

  • Net sales for nine months amounted to kSEK 46,825 (31,157).
  • The gross margin on sales of goods was 59 (71) %.
  • Result after taxes amounted to kSEK-47,154 (-51,138).
  • Earnings per share before and after dilution was SEK -1.81 (-2.19) SEK.
  • The cash flow from operating activities was kSEK -36,220 (-39,999).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 89,883 (156,858).

 

SIGNIFICANT EVENTS DURING THE FOURTH QUARTER

  • Acconeer develops module based on the new A121 pulsed coherent radar sensor.
  • Acconeer and three major WiGig stakeholders submit joint regulation proposal to FCC.

 

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer received order from Digi-Key worth USD 100k.

 

The year-end report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

 

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

 

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 17, 2023, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q4-2022 en.pdf
Acconeer-Q4 2022 ENG.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer-Q4-2022 en.pdf
Acconeer-Q4 2022 ENG.pdf

Acconeer-Q4-2022 en.pdf
Acconeer-Q4 2022 ENG.pdf
2023-02-17

Interim report Q3 2022

By

In the third quarter 2022, Acconeer's net sales amounted to 12,066 kSEK, and the product revenue increased by 62% compared to the same quarter last year. A record number of sensors were sold, 185,419 and 21,116 modules were sold. In total, Acconeer has sold 1,208,596 radar sensors and 100,752 modules since launch. In the quarter 332 evaluation kits were sold, and an accumulated 5,595 EVKs have been sold since launch. The gross margin in Q3 was 58% and as much as 11 new customer products were launched.

 CEO Lars Lindell comments: "The biggest news in Q3 were the great accomplishments in the automotive industry where we saw the first launched car that uses our radar sensor."

 

THIRD QUARTER

  • Net sales for the third quarter amounted to kSEK 12,066 (7,859).
  • The gross margin on sales of goods was 58 (70)%.
  • Result after taxes amounted to kSEK-10,648 (-10,309).
  • Earnings per share before and after dilution was SEK -0.40 (-0.44).
  • The cash flow from operating activities was kSEK -8,094 (-7,673).

JANUARY-SEPTEMBER

  • Net sales for nine months amounted to kSEK 32,966 (23,047).
  • The gross margin on sales of goods was 60 (71) %.
  • Result after taxes amounted to kSEK-36,726 (-33,881).
  • Earnings per share before and after dilution was SEK -1.55 (-1.45).
  • The cash flow from operating activities was kSEK -29,247 (-25,973).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 112,649 (47,849).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer received order from BEYD worth USD 300k.
  • First car using Acconeers A1 radar sensor launched.

 

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer develops module based on the new A121 pulsed coherent radar sensor.

 

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

 

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

 

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on October 28, 2022, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q3 en 2022-10-28.pdf
Acconeer-Q3 2022 ENG 221028.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA). For more information: www.acconeer.com.

Attachments
Acconeer-Q3 en 2022-10-28.pdf
Acconeer-Q3 2022 ENG 221028.pdf

Acconeer-Q3 en 2022-10-28.pdf
Acconeer-Q3 2022 ENG 221028.pdf
2022-10-28

Interim report Q2 2022

By

In the second quarter 2022, Acconeers net sales amounted to 10,779 kSEK, and the product revenue increased by 120% compared to the same quarter last year. A record number of sensors were sold, 167,654 and 21,294 modules were sold. In total, Acconeer has sold 1,023,177 radar sensors and 79,636 modules since launch. In the quarter 224 evaluation kits were sold, and an accumulated 5,263 EVKs have been sold since launch. The gross margin in Q2 was 62% and as much as 12 new customer products were launched. At the end of the quarter, an evaluation kit (EVK) for Acconeers second radar sensor, A121, was shipped to distributors for sale.

CEO Lars Lindell comments: "The most important news in the second quarter was that we delivered evaluation kits for our new radar sensor A121 to distributors, who have since started selling it to customers for evaluation and product development. Now we look forward to seeing how it will be received by the market. In addition, we once again had a strong quarter, with a new record for the number of sensors sold and as many as 12 new customer launches."

 

SECOND QUARTER

  • Net sales for the second quarter amounted to kSEK 10,779 (7,643).
  • The gross margin on sales of goods was 62 (72)%.
  • Result after taxes amounted to kSEK-12,197 (-11,695).
  • Earnings per share before and after dilution was SEK -0.47 (-0.50) SEK.
  • The cash flow from operating activities was kSEK -10,028 (-9,402).

 

FIRST SIX MONTHS

  • Net sales for the first six months amounted to kSEK 20,900 (15,188) .
  • The gross margin on sales of goods was 62 (73)%.
  • Result after taxes amounted to kSEK-26,078 (-23,571).
  • Earnings per share before and after dilution was SEK -1.01 (-1.01).
  • The cash flow from operating activities was kSEK -21,153 (-18,300).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 117,941 (57,613)

 

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeers A1 radar sensor in robot from large global Japanese consumer electronics company.
  • Acconeer received order from Nexty worth USD 147k.
  • New module variants designed to solve component shortage for modules was announced.
  • Acconeers management team members purchased shares through the exercise of the companys warrant program 2019/2022.
  • Acconeer received order from Digi-Key worth USD 400k.
  • Acconeer received order from Asteelflash worth USD 280k.
  • Acconeer receives order from Nexty worth USD 335k.
  • Launch of Evaluation Kit for A121 – new pulsed coherent radar sensor in A1 product family.

 

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer receives order from BEYD worth USD 300k.

The interim report is attached to this press release and available through Acconeers website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on July 22, 2022 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q2-2022-en-220722.pdf
Acconeer-Q2-result 2022 ENG 220721.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the companys Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-Q2-2022-en-220722.pdf
Acconeer-Q2-result 2022 ENG 220721.pdf

Acconeer-Q2-2022-en-220722.pdf
Acconeer-Q2-result 2022 ENG 220721.pdf
2022-07-22

Interim report Q1 2022

By

In the first quarter 2022, Acconeer's net sales amounted to 10,121 kSEK, and the product revenue increased by 130% compared to the same quarter last year. A record number of modules were sold, 26,428 and 129,113 sensors were sold. In total, Acconeer has sold 855,523 radar sensors and 58,342 modules since launch. In the quarter 398 evaluation kits were sold, and an accumulated 5,039 EVKs have been sold since launch. The gross margin in Q1 was 62% and as much as eleven new customer products were launched.

CEO Lars Lindell comments: "We are happy for yet another strong quarter, which also came with several very good news. We became a direct customer of our semiconductor wafer supplier, which gives us favorable wafer prices and payment terms. Shortly after the end of Q1 we could celebrate the launch of a social robot with one of the large global actors within the consumer electronics segment."

FIRST QUARTER

  • Net sales for the first quarter amounted to kSEK 10,121 (7,545).
  • The gross margin on sales of goods was 62 (74)%.
  • Result after taxes amounted to kSEK-13,881 (-11,876).
  • Earnings per share before and after dilution was SEK – 0.54 (-0.51) SEK.
  • The cash flow from operating activities was kSEK -11,125 (-8,898).

 

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Acconeer received an order from Glyn worth USD 58,500.
  • Acconeer received two orders worth in total USD 260,000.
  • Acconeer becomes direct customer of GlobalFoundries.
  • Acconeer received an order from Nexty worth USD 245,000.

 

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer's A1 radar sensor in robot from large global Japanese consumer electronics company.

 

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

 

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on April 22, 2022, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q1-2022-en-220422.pdf
Acconeer-Q1 2022 ENG 20220421.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-Q1-2022-en-220422.pdf
Acconeer-Q1 2022 ENG 20220421.pdf

Acconeer-Q1-2022-en-220422.pdf
Acconeer-Q1 2022 ENG 20220421.pdf
2022-04-22

Year-end report January 1 – December 31 2021

By

In the fourth quarter 2021, Acconeer AB's net sales amounted to kSEK 8,110, and the revenue increased by 174% compared to the same quarter last year. A record number of sensors were sold, 159,280, and 10,224 modules were sold. In total, Acconeer has sold 726,410 radar sensors and 32,874 modules since launch. In Q4 391 evaluation kits were sold, and an accumulated 4,641 EVKs have been sold since launch. The gross margin in Q4 was 72% and ten new customer products were launched.

Lars Lindell, CEO Acconeer, comments: "We are pleased to have another strong quarter where we are once again breaking records in the number of sensors sold, despite the current global component shortage. We received our first volume order for the automotive industry and launched a customer in the robotic lawnmower segment, both new use cases for us. In addition, the number of customer launches is increasing rapidly, and we have a very strong pipeline for launches in 2022. Therefore, we are now raising our target for customer launches from five to ten per quarter."

FORTH QUARTER

  • Net sales for the fourth quarter amounted to kSEK 8,110 (2,956).
  • The gross margin on sales of goods was 72 (70)%.
  • Result after taxes amounted to kSEK -17,257 (-15,451).
  • Earnings per share before and after dilution was SEK -0.74 (-0.66).
  • The cash flow from operating activities was kSEK -14,013 (-12,732).

FULL YEAR

  • Net sales for the full year amounted to kSEK 31,157 (9,505).
  • The gross margin on sales of goods was 71 (58)%.
  • Result after taxes amounted to kSEK -51,138 (-62,312).
  • Earnings per share before and after dilution was SEK -2.19 (-2.85).
  • The cash flow from operating activities was kSEK -39,986 (-50,800).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 156,858 (82,170).

SIGNIFICANT EVENTS DURING THE FOURTH QUARTER

  • Acconeer received order from CODICO worth USD 91,000.
  • Acconeer received order from Digi-Key worth USD 59,000.
  • A1 radar sensor in robotic lawn mower from large European technology company.
  • Acconeer received order from Asteelflash worth UDS 82,300.
  • Rights issue of approximately SEK 140 million, before issue expenses of approximately SEK 15 million, was announced.
  • Prospectus in connection with forthcoming rights issue was published.
  • Acconeer received order from Baumüller worth USD 112,900.
  • Acconeer received order from EMSYS Design worth USD 87,780.
  • Supplementary prospectus was published.
  • Acconeer received order from Nexty worth USD 163,000.
  • Acconeer announced outcome of rights issue.
  • Acconeer received order from Drainage Management Services worth USD 60,000.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer received order from Glyn worth USD 58,500.
  • Acconeer received two orders worth in total USD 260,000.

The year-end report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on February 18, 2022 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q4-result-2021 220218.pdf
Acconeer-Q4 2021 eng.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-Q4-result-2021 220218.pdf
Acconeer-Q4 2021 eng.pdf

Acconeer-Q4-result-2021 220218.pdf
Acconeer-Q4 2021 eng.pdf
2022-02-18

Interim report Q3 2021

By

In Q3 2021, Acconeer's net sales amounted to 7,859 kSEK, and the revenue increased by 183% compared to the same quarter last year. A record number of sensors were sold, 130,662, and 10,723 modules were sold. In total, Acconeer has sold 567,130 radar sensors and 22,650 modules since launch. In Q3 273 evaluation kits were sold, and an accumulated 4,250 EVKs have been sold since launch. The gross margin in Q3 was 70% and seven new customer products were launched.

CEO Lars Lindell comments: "It feels great to be able to say that we sold more than 10,000 modules in Q3, which is almost as many as the total accumulated sales before the quarter, and this despite the global shortage of critical components which led to that we were unable to deliver on all purchase orders."

THIRD QUARTER

  • Net sales for the third quarter amounted to kSEK 7,859 (2,780).
  • The Gross margin on sales of goods was 70 (65)%.
  • Result after taxes amounted to kSEK-10,309 (-12,325).
  • Earnings per share before and after dilution was SEK -0.44 (-0.53).
  • The cash flow from operating activities was kSEK -7,673 (-9,339).

JANUARY – SEPTEMBER

  • Net sales for the nine months period amounted to kSEK 23,047 (6,549).
  • The Gross margin on sales of goods was 71 (50)%.
  • Result after taxes amounted to kSEK -33,881 (-46,861)
  • Earnings per share before and after dilution was SEK -1.45 (-2.20)
  • The cash flow from operating activities was kSEK -25,973 (-38,068).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 47,849 (95,611).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer receives orders from Asteelflash with a total value of USD 161,000.
  • Acconeer develops new smaller Entry Module targeting presence use case.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer receives order from CODICO worth USD 91,000.
  • Acconeer receives order from Digi-Key worth USD 59,000.

The interim report is attached to this press release and available through Acconeer's website: https://investor.acconeer.com/en/financial-reports/.

For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on October 29, 2021, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q3-result-211029.pdf
Acconeer-Q3-2021 eng.pdf

About Acconeer AB

With ground-breaking technology, Acconeer has developed a radar sensor that opens a new world of interaction. Acconeer Micro Radar Sensor, with low power consumption, high precision, small size and high robustness, is a 60GHz robust and cost-effective sensor for detection, distance measurement, motion detection and camera-supported applications with low power consumption. Acconeer combines the advantage of low power consumption with highly accurate pulsed radar systems of coherent radar, all integrated into a component with a surface area of only 28 mm2. The radar sensor can be included in a range of mobile consumer products, from smartphones to wearables, but also in areas such as robots, drones, the Internet of Things, healthcare, automotive, industrial robots and security and monitoring systems. Acconeer is a semiconductor company and, as a business model, sells hardware to manufacturers of consumer electronics products. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be contacted via telephone +46(0)8 121 576 90 or via e-mail certifiedadviser@redeye.se. For more information: www.acconeer.com.

Attachments
Acconeer-Q3-result-211029.pdf
Acconeer-Q3-2021 eng.pdf

Acconeer-Q3-result-211029.pdf
Acconeer-Q3-2021 eng.pdf
2021-10-29