I.A.R. Systems Group AB (publ) Interim Report Jan-March 2022

Q1 2022
Net sales SEK 97.4m (88.9), EBITDA SEK 30.3m (29.8)

› EBITDA of SEK 30.3m (29.8), corresponding to an
EBITDA margin of 31.1% (33.5)
› Operating profit of SEK 17.3m (17.0), corresponding to
an operating margin of 17.8% (19.1)
› Profit before tax of SEK 16.4m (16.4)
› Basic earnings per share of SEK 0.88 (0.94) and diluted
earnings per share of SEK 0.88 (0.94)
› Cash flow from operating activities of
SEK 28.8m (22.0)
› Net cash of SEK 72.0m (3.0) at the end of the quarter

The nominating committee announced a proposal that the
Annual General Meeting (AGM) on April 26, 2022 elect Sabina
Lindén as a new Board member. Current Board members
Kent Sander and Richard Lind have declined re-election.

This information is inside information that I.A.R. Systems Group
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 below, on
April 26, 2022 at 1:00 p.m. CEST.

Contact person: Josefin Skarin, Investor Contact, I.A.R. Systems
Group AB, Email: josefin.skarin@iar.com

About IAR Systems

IAR Systems supplies future-proof software tools and services for embedded development, enabling companies worldwide to create the products of today and the innovations of tomorrow. Since 1983, IAR Systems’ solutions have ensured quality, reliability and efficiency in the development of over one million embedded applications. The company is headquartered in Uppsala, Sweden and has sales and support offices all over the world. Since 2018, Secure Thingz, a provider of advanced security solutions for embedded systems in the IoT, is part of IAR Systems. IAR Systems Group AB is listed on NASDAQ OMX Stockholm, Mid Cap. Learn more at www.iar.com.

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