NAXS Interim financial report January-September 2021

Nine months 2021

• Net profit for the nine-month period amounted to MSEK 107.7 (-6.0).

• Earnings per share amounted to SEK 9.66 (-0.54).

• Net asset value amounted to MSEK 764 (SEK 68,49 per share) at September 30, 2021, compared to MSEK 679 (SEK 60.87 per share) at December 31, 2020.

• Net cash amounted to MSEK 265 (SEK 23,74 per share) at September 30, 2021, compared to MSEK 219 (SEK 19.65 per share) at December 31, 2020.

• The 2021 Annual General Meeting resolved to pay a dividend of 3.00 SEK per share for FY 2020.

Third quarter 2021

• Net profit/loss for the quarter amounted to MSEK 26.6 (55.0).

• Earnings per share amounted to SEK 2.39 (4.93).

Comments by the CEO

NAXS continued its positive development during the third quarter of 2021
with the NAV/share increasing by 4.1%, and by 18% over 12 months,
including the dividend paid.
During the third quarter the underlying funds acquired 5 new portfolio
companies and exited 3 companies.

Lennart Svantesson