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Interim report Q2 2021

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In Q2 2021, Acconeer's net sales amounted to 7 643 kSEK, the gross margin was 72% and eight new customer products were launched. In Q2 for the first time more than 100 000 sensors were sold during one quarter when 112 256 sensors were sold, and since launch Acconeer has sold in total 436 468 radar sensors. In Q2 461 evaluation kits were sold, and an accumulated 3 977 EVK has been sold since launch. The company sold 2 226 modules in Q2, and since launch a total of 11 927 modules have been sold.

CEO Lars Lindell comments: "We are happy to see a new record in the number of radar sensors sold and also in the number of launched customer products during one quarter. Just like in Q1 we see a strong result in Q2, despite that our module sale has been affected by component shortage, where we haven't been able to deliver on all orders."

SECOND QUARTER

  • Net sales for the second quarter amounted to kSEK 7,643 (1,619).
  • The Gross margin on sales of goods was 72 (59) %.
  • Result after taxes amounted to kSEK -11,695 (-16,836).
  • Earnings per share before and after dilution was SEK -0,50 (-0,79).
  • The cash flow from operating activities was kSEK -9,402 (-13,920).

SIX MONTHS PERIOD

  • Net sales for the six months period amounted to kSEK 15,188 (3,769).
  • The Gross margin on sales of goods was 73 (59) %.
  • Result after taxes amounted to kSEK -23,571 (-34,536).
  • Earnings per share before and after dilution was SEK -1.01 (-1.70).
  • The cash flow from operating activities was kSEK -18,300 (-28,729).
  • Cash and cash equivalents on the balance sheet date amounted to kSEK 57,613 (109,172).

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeer announced A121 pulsed coherent radar sensor, new high-performance product in A1 family.
  • A distribution agreement focusing on the automotive industry was signed with Japanese NEXTY Electronics.
  • Acconeer receives order from CODICO worth USD 125,000.
  • The annual general meeting was held on 27 April 2021, for the 2020 fiscal year.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2021. We expect no impact on either the development side or the manufacture of sensors, while the manufacture of modules will be affected by a global shortage on processors that have arisen in connection with Covid-19. Regarding demand for the company's products we expect further delays in customer projects, fewer start-up projects and that our customers' production rate will be affected by the lack of processors.

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 July 23, 2021 07.30.

The following documents can be retrieved from beQuoted
Acconeer-Q2-result-2021 210723.pdf
Acconeer-Q2-2021 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@redey.se.

Correction of press release regarding interim report Q1 2021

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In the press released sent out on April 23, 2021, 07:30 the wrong year was stated in the headline. The correct year for the interim report for the first quarter is 2021. In addition, a link to the report on Acconeer's web site was missing. This has been added in the press release below, which in all other aspects is the same as the previously distributed press release.

In Q1 2021, Acconeers net sales amounted to 7 545 kSEK, the gross margin was 74% and five new customer products were launched. In Q1 399 evaluation kits were sold, and an accumulated 3 516 EVK has been sold since launch. The company sold 4 024 modules in Q1, and since launch a total of 9 701 modules have been sold. In total Acconeer has sold 324 212 sensors, out of which 74 881 were sold in Q1 2021.

CEO Lars Lindell comments: "The substantial revenue increase in the quarter is to a large extent thanks to the development agreement made with Alps Alpine, but we are happy to see that increased product sales are also contributing to the growth."

FIRST QUARTER

  • Net sales for the first quarter amounted to kSEK 7,545 (2,150).
  • The Gross margin on sales of goods was 74 (59) %.
  • Result after taxes amounted to kSEK -11 876 (-17 701).
  • Earnings per share before and after dilution was SEK -0.51 (-0.92).
  • The cash flow from operating activities was kSEK -8 898 (-14,810).

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Sweden's Innovation Agency granted Acconeer 4 million SEK for a research project on sleep monitoring with Sleepiz and the University of Gothenburg.
  • Acconeer received order from Digi-Key worth USD 47,000.
  • Acconeer received order from Glyn Limited worth USD 156,000.
  • Acconeer received order from CODICO worth USD 96,000.
  • Acconeer and Alps Alpine signed a joint development agreement of Next-Generation Sensing Technology.
  • A distribution agreement was signed with Mouser Electronics and the first order received.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact of operations in 2021. We expect no impact on either the development side or the manufacture of sensors, while the manufacture of modules will be affected by a global shortage on processors that have arisen in connection with Covid-19. Regarding demand for the company's products we expect further delays in customer projects, fewer start-up projects and that our customers' production rate will be affected by the lack of processors.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer announced A121 pulsed coherent radar sensor, new high-performance product in A1 family.

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 23, 2021, 15:30.

The following documents can be retrieved from beQuoted
Acconeer-Q1-2021-correction.pdf
Acconeer-Q1-2021 eng.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. 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 reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

INTERIM REPORT Q1 2020

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In Q1 2021, Acconeers net sales amounted to 7 545 kSEK, the gross margin was 74% and five new customer products were launched. In Q1 399 evaluation kits were sold, and an accumulated 3 516 EVK has been sold since launch. The company sold 4 024 modules in Q1, and since launch a total of 9 701 modules have been sold. In total Acconeer has sold 324 212 sensors, out of which 74 881 were sold in Q1 2021.

CEO Lars Lindell comments: "The substantial revenue increase in the quarter is to a large extent thanks to the development agreement made with Alps Alpine, but we are happy to see that increased product sales are also contributing to the growth."

FIRST QUARTER

  • Net sales for the first quarter amounted to kSEK 7,545 (2,150).
  • The Gross margin on sales of goods was 74 (59) %.
  • Result after taxes amounted to kSEK -11 876 (-17 701).
  • Earnings per share before and after dilution was SEK -0.51 (-0.92).
  • The cash flow from operating activities was kSEK -8 898 (-14,810).

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Sweden's Innovation Agency granted Acconeer 4 million SEK for a research project on sleep monitoring with Sleepiz and the University of Gothenburg.
  • Acconeer received order from Digi-Key worth USD 47,000.
  • Acconeer received order from Glyn Limited worth USD 156,000.
  • Acconeer received order from CODICO worth USD 96,000.
  • Acconeer and Alps Alpine signed a joint development agreement of Next-Generation Sensing Technology.
  • A distribution agreement was signed with Mouser Electronics and the first order received.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact of operations in 2021. We expect no impact on either the development side or the manufacture of sensors, while the manufacture of modules will be affected by a global shortage on processors that have arisen in connection with Covid-19. Regarding demand for the company's products we expect further delays in customer projects, fewer start-up projects and that our customers' production rate will be affected by the lack of processors.

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Acconeer announced A121 pulsed coherent radar sensor, new high-performance product in A1 family.

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 23, 2021, 07:30.

The following documents can be retrieved from beQuoted
Acconeer-Q1-result-2021 210423.pdf
Acconeer-Q1-2021 eng.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. 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 reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

YEAR-END REPORT 1 JANUARY – 31 DECEMBER 2020

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In the fourth quarter 2020, Acconeer AB's net sales amounted to kSEK 2,956, and seven new customer products were launched. The cash flow from operating activities was kSEK -13,927. During the quarter, 501 evaluation kits (EVK) were sold, which is well above the company's target of selling on average three EVK per day.

Lars Lindell, CEO Acconeer, comments: "In the fourth quarter 2020 we were happy to see seven new customer launches, including three in China which continues to be a strong market for us. Otherwise, continued focus has been to finalize the discussions with Alps Alpine, where we hope to be able to sign a contract during Q1 2021."

FOURTH QUARTER 1 OCTOBER – 31 DECEMBER 2020

  • Net sales for the fourth quarter amounted to kSEK 2,956 (1,829) TSEK.
  • The Gross margin was 72 (67) %.
  • Result after taxes amounted to kSEK -15,451 (-19,465).
  • Earnings per share before and after dilution was SEK -0.66 (-1.01) SEK.
  • The cash flow from operating activities was kSEK -13,927 (-15,641).

FULL YEAR JANUARY- DECEMBER 2020

  • Net sales for the full year amounted to kSEK 9,505 (5,508).
  • The Gross margin was 61 (61) %.
  • Result after taxes amounted to kSEK -62,312 (-68,539).
  • Earnings per share before and after dilution was SEK -2.85 (-3.58)
  • The cash flow from operating activities was kSEK -56,391 (-60,701).
  • Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 82,170 (77,954)

SIGNIFICANT EVENTS DURING THE FOURTH QUARTER

  • Acconeer received two orders from Digi-Key worth USD 36,000 and 37,000.
  • A distribution agreement was signed with Marubun.
  • Acconeer received an order from BEYD worth USD 421,000.
  • It is the company's assessment that the effects of Covid-19 has had a limited impact on operations in 2020. No impact was seen on the development side, while manufacturing was somewhat affected by a global shortage of processors that occurred in connection with Covid-19. Regarding demand for the company's products, we see that some customer projects have been delayed, but the assessment is that this falls within the margin of uncertainty that always exists.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  • Acconeer receives funding of SEK 4M for project on sleep monitoring with Sleepiz and University of Gothenburg.

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 19, 2021 07.30.

The following documents can be retrieved from beQuoted
Acconeer-Q4- 210219.pdf
Acconeer-Q4-2020 ENG 20210219.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. 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 reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

INTERIM REPORT Q3 2020

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In the third quarter 2020, Acconeer AB's net sales amounted to kSEK 2,780, and five new customer products were launched. The cash flow from operating activities was kSEK -9,338. During the quarter, 345 evaluation kits (EVK) were sold, which is above the company's target of selling on average three EVK per day.

Lars Lindell, CEO Acconeer, comments: "During the third quarter we have worked together with Alps Alpine to define the next generation radar sensor, A2, to be able to convert the MOU established earlier this year into a signed contract during Q4 2020."

THIRD QUARTER 1 JULY- 30 SEPTEMBER 2020

  • Net sales for the third quarter amounted to kSEK 2,780 (1,693).
  • The Gross margin was 52 (109)%.
  • Result after taxes amounted to kSEK -12,325 (-15,476)
  • Earnings per share before and after dilution was SEK -0.53 (-0.79).
  • The cash flow from operating activities was kSEK -9,338 (-12,594).
  • Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 95,611 (93,812).

JANUARY- SEPTEMBER 2020

  • Net sales for the nine months period amounted to kSEK 6,549 (3,679).
  • The Gross margin was 56 (59)%.
  • Result after taxes amounted to kSEK -46,861 (-49,074).
  • Earnings per share before and after dilution was SEK -2.20 (-2.55).
  • The cash flow from operating activities was kSEK -38,068 (-41,178).

SIGNIFICANT EVENTS DURING THE THIRD QUARTER

  • Acconeer received an order from Digi-Key worth USD 52,000.
  • Acconeer received an order from BEYD worth USD 164,000 USD.
  • Björn Bengtsson was appointed as new CFO at Acconeer.
  • Acconeer signed a purchase agreement with Future Electronics.
  • Acconeer has shipped more than 200 000 A1 radar sensors since the company started selling evaluation kits.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2020. No impact is seen on either the development or the manufacturing side. With regard to demand for the company's products, it is likely that some customer projects will be delayed, but the assessment is that this is within the uncertainty margin that always exists.

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 October 27, 2020 09.00.

The following documents can be retrieved from beQuoted
Acconeer-Q3-Interim-Report 201027.pdf
AcconeerInterim-Report-Q3-2020.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. 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 reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

INTERIM REPORT Q2 2020

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SECOND QUARTER 1 APRIL – 30 JUNE 2020

  • Net sales for the second quarter amounted to kSEK 1,619 (1,436).
  • The Gross margin was 59 (6)%.
  • Result after taxes amounted to kSEK -16,836 (-17,607).
  • Earnings per share before and after dilution was SEK -0.79 (-0.92)
  • The cash flow from operating activities was kSEK -13,920 (-15,467).

SIX MONTHS PERIOD

  • Net sales for the six months period amounted to kSEK 3,769 (1,986).
  • The Gross margin was 59 (15)%.
  • Result after taxes amounted to kSEK -34,536 (-33,598).
  • Earnings per share before and after dilution was SEK -1.70 (-1.76).
  • The cash flow from operating activities was kSEK -28,729 (-28,584).
  • Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 109,172 (110,460).

SIGNIFICANT EVENTS DURING THE SECOND QUARTER

  • Acconeer received two orders from Digi-Key worth USD 29,000 and 30,000.
  • Acconeer AB held its Annual General Meeting on 14 April 2019. Thomas Rex was elected as new Chairman of the Board.
  • Acconeer and Alps Alpine signed an MoU agreement on a joint development agreement regarding the next generation of sensor technology.
  • Acconeer completed a directed new share issue of 4,062,000 new shares, raising proceeds of approximately SEK 65 million.
  • Distributor agreement with Restar was extended to include the Americas.
  • An order from Taiwanese Chip Power worth USD 28,400 was received.
  • AEC – Q100 grade 3 qualification of the A1 radar sensor for the automotive industry was completed
  • Acconeer received ISO certification for quality and environmental management system
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2020.

"The big news in the second quarter is our agreements with Alps Alpine, which will contribute SEK 100 million to the development of the next generation radar system.", says Lars Lindell, CEO Acconeer.

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, 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 24, 2020 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer-Q2-2020 eng.pdf
Acconeer interim report Q2 2020.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. 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 reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

INTERIM REPORT Q1 2020

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FIRST QUARTER 1 JANUARY – 31 MARCH 2020

  • Net sales for the full year amounted to kSEK 2,150 (550).
  • Gross margin amounted to 59 % (40%).
  • Result after taxes amounted to kSEK -17,701 (-15,991).
  • Earnings per share before and after dilution was SEK -0,92 (-0,84).
  • The cash flow from operating activities kSEK -14,810 (-13,117).
  • Cash at the balance date amounted to kSEK 61,864 (121,724).

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • Acconeer received an order from Glyn Limited worth USD 12,800.
  •  Acconeer received an order from Digi-Key worth USD 15,100.
  • Acconeer received an order from CODICO worth USD 62,700.
  • The company announced that they have shipped more than 100,000 A!radar sensors.
  • Acconeer received an order from a European customer worth USD 14,700.
  •  It was announced that the company is planning to develop integration-ready Entry Module with low system cost.
  •  Acconeer was awarded three design wins by Alp Alpine for presence detection in cars to a European premium car manufacturer. The estimated potential value of these design wins is SEK 90-120 million over three years starting in 2022.
  • It is the company's assessment that the effects of Covid-19 will have a limited impact on operations in 2020.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

  •   Acconeer AB held its Annual General Meeting on 14 April 2020. Thomas Rex was elected as new Chairman of the Board.

 

"Despite a very turbulent time, our revenue grew during Q1", says Lars Lindell, CEO Acconeer.

 

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

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 17 2020 at 09.00.

For additional information, please contact:

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

The following documents can be retrieved from beQuoted
Acconeer-Pressrelease-2020-04-17-eng.pdf
Acconeer-Interim-Report-Q1-2020.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. 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 reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com

YEAR-END REPORT 1 JANUARY – 31 DECEMBER 2019

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FOURTH QUARTER 1 OCTOBER – 31 DECEMBER 2019

· Net sales for the fourth quarter amounted to kSEK 1,829 (442).

· Result after taxes amounted to kSEK -19,465 (-15,112).

· Earnings per share was SEK -1,01 (-0.79).

· The cash flow from operating activities after changes in working capital was kSEK -15,641 (-16,560).

FULL YEAR 1 JANUARY – 31 DECEMBER 2019

· Net sales for the full year amounted to kSEK 5,508 (953).

· Result after taxes amounted to kSEK -68,569 (-39,079).

· Earnings per share was SEK -3,58 (-2,05).

· The cash flow from operating activities after changes in working capital was kSEK -60,701 (-45,935).

· Cash and cash equivalents including short term deposits at the balance date amounted to kSEK 77,954 (136,214).

· Gross margin amounted to 61 %.

SIGNIFICANT EVENTS DURING THE QUARTER

· Acconeer published two new focus use cases within presence detection.

· Acconeer received orders from BEYD worth USD 139,888.

· Orders from Digi-Key worth USD 47,748 were received.

· Acconeer received an order from Japanese Restar Electronics Corporation worth USD 108,570.

SIGNIFICANT EVENTS AFTER THE END OF THE REPORTING PERIOD

· Acconeer received an order from Glyn Limited worth USD 12,800.

· Thomas Rex proposed as new Chairman of Acconeer AB

"We have identified several customer projects with the potential of generating large increases in revenue so we intend to at least double the capacity to support and run customer projects in 2020.", says Lars Lindell, CEO Acconeer.

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

For additional information, please contact:

Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, 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 20 2020 at 09.00.

The following documents can be retrieved from beQuoted
Acconeer-Q4-2020-02-20-Eng.pdf
Year-end-report-January-December-2019.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. 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 reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com