Interim report
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MOMENT GROUP AB ( publ . ) , 556301-2730 Interim report 1 January - 31 March 2021 , Gothenburg 29 April 2021 MOMENT GROUP Interim report 1 January - 31 March 2021 FIRST QUARTER 2021 ( SEK million ) Net sales Pro rata sales Operating profit / loss before depreciations ( EBITDA ) Adjusted EBITDA Operating profit / loss ( EBIT ) Adjusted EBIT Profit / loss before income tax Operating margin Adjusted operating margin % Operating margin , pro rata Adjusted operating margin , pro rata % Earnings per share * * The number of shares has after end of the reporting period increased to 432 022 520 . ● 2021 Jan - Mar 21 21 2 2 -13 -13 80 -60 % -60 % -60 % -60 % 1.93 2020 Jan - Mar 238 184 -26 -8 -44 -26 -48 -18 % -11 % -24 % -14 % -1.55 2020 Jan - Dec 330 274 -97 -70 -196 -137 -221 -59 % SIGNIFICANT EVENTS DURING THE QUARTER The corona pandemic has severely impacted the entire experience industry , and in every one of Moment Group's operations intensive work has been in progress since March 2020 to counter the negative influence Covid - 19 exerts on the Group in terms of sales , operating profit / loss and liquidity . During the quarter , the majority of the Group's businesses were closed . However , the activity arenas STAR Bowling and Ballbreaker and the event companies Minnesota Communication and Hansen have been doing some business during the quarter , but to a significantly lesser extent than equivalent period during pandemic - free years . -41 % -72 % -50 % -7.06 www.momentgroup.com On 16 March it was announced that the share issues resolved at the extraordinary shareholders meeting of 29 January were fully subscribed and the company was provided with a total of SEK 53 million before issue expenses , of which around SEK 4.3 million was provided by offsetting liabilities . Through the issues , the number of shares in the company increased by a total of 399,620,831 from 32,401,689 shares to 432,022,520 . On 29 March 2021 , the previously approved changes in the bond conditions came into force , which among other things involved impairing the bond by SEK 100 million and deferring the maturity date until 28 March 2024 . Leif West was elected as the new chairman of the board in Moment Group at the extraordinary shareholders ' meeting held on 29 January 2021 . Martin du Hane took over as pro tem CEO / Group CEO of Moment Group on 22 March . Otto Drakenberg , the former pro tem CEO / Group CEO will remain in the company until 31 May to assist with specific matters . Conny Lingmerth , CEO Hansen , decided to step down from his position and during a transition period , Niclas Möller , pro tem Head of Business Area Immersive Venues , will step in and run the company's operations . The process of recruiting a new CEO to Hansen will begin later this year . In accordance with dividend policy , the Board proposes that no dividend be paid for 2020 as earnings were negative . SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD The share issue carried out during the reporting period was registered with the Swedish Companies Registration Office in April 2021 . Moment Group's annual report for 2020 was published on 8 April 2021 . MOMENT GROUP is one of the leading players in the Scandinavian experience industry . The Group creates experiences for more than 2 million guests every year . Moment Group operations are conducted in three business areas from offices in Gothenburg , Stockholm , Copenhagen , Oslo , Falkenberg and Växjö . The head office is located in Gothenburg . Moment Group is listed on Nasdaq Stockholm , Main Market and has bonds listed on the Corporate Bond List of Nasdaq Stockholm . Financial documentation , accounting policies , press releases , information about the operation and contact details are available at