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Hemnet Group Interim report Q1 January - March 2021 Strong growth in net sales and adjusted EBITDA Summary for the period January - March 2021 Net sales increased by 23.6 percent to SEK 142.5m ( 115.3 ) Adjusted EBITDA increased 57.1 percent to SEK 57.2m ( 36.4 ) Operating profit decreased 3.5 percent to SEK 13.6m ( 14.1 ) New compensation model for real estate agent offices and a segmented pricing for Hemnet Bas launched on 1 March ● Significant events after the period Initial public offering ( " IPO " ) on Nasdaq Stockholm , Large Cap list on 27 April Entered into a new revolving credit - facility of SEK 500m on April 27 , and at the same time terminated and repaid the existing credit - facility ● Financial highlights ( SEK million , unless stated otherwise ) Net sales Adjusted EBITDA * Adjusted EBITDA - margin * , % Operating profit * Earnings per share , basic , SEK¹ Earnings per share , diluted , SEK¹ 2021 142.5 57.2 40.1 % 13.6 0.07 0.07 Jan - Mar 2020 115.3 36.4 31.6 % 14.1 0.06 0.06 Change 23.6 % 57.1 % 8.5 pp -3.5 % 4.8 % 4.8 % * Alternative Performance Measure , see pages 17-19 for derivation and definitions . Last twelve months ending Mar 2021 571.3 226.3 39.6 % 110.0 0.68 0.67 FY 2020 544.1 202.1 37.1 % 110.5 0.67 0.67 1 Earnings per share calculated as net profit for the period in relation to the average number of ordinary shares outstanding during the period . Average number of ordinary shares outstanding for all periods has been recalculated adjusting for reverse share split and bonus issues . The calculation of dilution of shares for all periods is made based on a share price of 115 SEK ( i.e. the price in the IPO ) . This price is higher than the strike price of outstanding warrants at period end ( 16.53 SEK ) and hence , there is a dilution of 352,813 shares .