Page 1

INNOFACTOR® INTERIM REPORT Q3 / 2021 1 ( 25 ) Innofactor Plc Interim Report October 26 , 2021 , at 9:00 Finnish time Innofactor Plc's Interim Report for January 1 - September 30 , 2021 ( IFRS ) Innofactor achieved its highest - ever operating margin in the third quarter in spite of a slight decrease in net sales due to a divestment and an organizational change in Finland July - September 2021 in brief : • • • Net sales were approximately EUR 13.7 million ( 2020 : 14.0 ) , representing a decrease of 2.0 % ○ Excluding the Prime business sold on March 31 , 2021 , the comparable growth was 3.0 % , which was entirely organic growth The operating margin was approximately EUR 1.7 million ( 2020 : 1.6 ) , representing an increase of 8.7 % The operating profit was EUR 0.9 million ( 2020 : 0.4 ) , representing growth of 130.4 % The order backlog at the end of the review period was EUR 72.0 million ( 2020 : 58.2 ) , representing an increase of 23.7 % January - September 2021 in brief : • Net sales were approximately EUR 48.8 million ( 2020 : 47.9 ) , representing an increase of 1.9 % ○ Excluding the Prime business sold on March 31 , 2021 , comparable growth was 4.9 % , which was entirely organic growth The operating margin was approximately EUR 8.4 million ( 2020 : 5.6 ) , representing an increase of 51.4 % ○ The operating margin includes a sales gain of approximately EUR 2.6 million from the sale of the Prime business , without which the operating margin would have been approximately EUR 5.9 million ( 2020 : 5.6 ) , representing an increase of 5.6 % The operating profit was EUR 6.0 million ( 2020 : 2.1 ) , representing an increase of 185.9 % The operating profit includes a corresponding sales gain as the operating margin , without which the operating profit would have been approximately EUR 3.4 million ( 2020 : 2.1 ) , representing an increase of 64.0 % о Innofactor Oyj Keilaranta 9 FI - 02150 Espoo contact@innofactor.com http://www.innofactor.com tel . +358 10 272 9000 fax : +358 10 272 9001