Interim report
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Half-year report 2026 OODA AI AB (publ). ISIN Code: SE0020699296
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1 CEOʼs comments Dear shareholders, The first half of 2026 has been marked by the launch of OODA's new AI platform and the transition to a unified and scalable business model. The platform has so far reached over 200 registrations and the response provides clear confirmation of the interest in a comprehensive AI offering for companies. A unified platform for enterprise AI needs OODA's platform brings together more than 150 AI models and a wide range of features in a common environment. Users can work with AI chat, internal data sources and knowledge bases, intelligent document management, and image, video, and audio generation, among other things. The platform also includes AI agents, voice assistants, digital avatars, workflows, API integrations, and the ability to develop their own AI applications. Everything that was previously available in separate solutions is now contained in a single offering – along with a number of new capabilities.The platform has no per-user fees and is based entirely on a pay-per-use model, where customers only pay for actual token usage. Lower revenue but improved earnings The work on launch, sales and customer migration has taken up significant resources during the period. Several customer processes have therefore taken longer than planned, which is the main reason why revenue decreased to approximately 16.8 MSEK (20.2 MSEK). At the same time, EBITDA improved to approximately 3.0 MSEK (2.1 MSEK), corresponding to a margin of approximately 18% (10%), and the company reports a positive result for the period of approximately 0.9 MSEK (−2.3 MSEK). The largest technical investments have now been completed and the platform has entered a stable operating phase, which has meant that we have been able to further reduce ongoing technology costs since the end of the first half of the year. A large share of the periodʼs revenue was generated during the second quarter, resulting in a timing lag in customer payments. Approximately SEK 4.3 million has been received since the end of the first half-year and up to the publication of this report. At the same time, recurring costs from the third quarter are estimated to be approximately 50% lower than the average during the first half of 2026. Large organizations have joined During the first half of the year, several major organizations have been onboarded, including a global audit and advisory firm and a manufacturing company with a turnover of over 10 BSEK. In addition, dialogues and implementation projects are ongoing with several other companies, and our ambition is to tell more about these collaborations when the scope, timelines and expected revenues have been finalized. Existing customers migrate to the new platform Existing customers, including HMM and Sergel, have been migrated to the new platform, and now that the holiday season is over, re-implementation within their operations has started. For customers, this means access to both familiar functionality and a significantly broader range of AI services. For us, it means a more cohesive delivery model where the business can grow without increasing costs at the same rate. The Web3 launch Our Web3 initiative has taken important technical steps during the period, with a functioning testnet, verifiable infrastructure and an established token model. Against the backdrop of volatile market conditions for tokens, we have decided to postpone the launch. We prioritize the right timing and quality over forcing the process, and believe that a launch in more favorable market conditions creates significantly greater value for both the network and our shareholders. The way forward The priority in the coming period is to complete ongoing implementations, increase usage among both new and existing customers, and convert the growing customer dialogue into recurring revenue. In parallel, we are further developing the platform and strengthening the offering towards larger organizations with high demands on security, control, and regulatory compliance. We leave the first half of the year behind us with a deployed platform, a growing user base, several significant customer relationships and a positive result. The transition has had a short-term impact on revenue, but the foundation for long-term and profitable growth is now stronger than ever. Arli Charles Mujkic CEO and founder January - June - Half-year report 2026
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2 First-half results 2026 The first half of 2026 was characterized by the launch of the company's new AI platform and the work on customer migration and onboarding. The group's revenue amounted to approximately 16.8 MSEK (20.2 MSEK) and net sales to approximately 13.2 MSEK (16.4 MSEK). The lower sales are mainly attributable to the launch and onboarding work delaying certain sales processes during the period. Despite lower revenue, EBITDA improved to approximately 3.0 MSEK (2.1 MSEK), corresponding to an EBITDA margin of approximately 18% (10%), as a result of a significantly lower cost base where other external costs decreased by approximately 27% compared to the corresponding period last year. Operating profit (EBIT) improved to approximately 1.2 MSEK (−1.9 MSEK) and profit for the period to approximately 0.9 MSEK (−2.3 MSEK), which means that the company reports a positive result for the period. Cash flow from operating activities before changes in working capital improved to approximately 2.7 MSEK (0.9 MSEK). The company estimates that the cost base can continue to be kept low, with potential for further margin strengthening and profitable growth as the platform's usage increases. The period in brief ● Launch of next-generation AI platform with self-service on June 29, 2026 ● Over 200 registrations as of the publication of this report ● Revenue 16.8 MSEK (20.2 MSEK), impacted by launch, onboarding and migration work ● EBITDA 3.0 MSEK (2.1 MSEK) – margin approximately 18% (10%) ● Positive profit for the period of 0.9 MSEK (−2.3 MSEK) ● New share issue of approximately 10 MSEK registered in June 2026 ● Customer payments of approximately SEK 4.3 million received since the end of the first half-year ● Recurring costs from Q3 estimated to be approximately 50% lower than the H1 2026 average Summary financial overview TSEK January–June 2026 Jan–Jun 2025 Full year 2025 Revenue 16 811 20 189 40 774 EBITDA 3 006 2 093 2 957 EBITDA margin 17.9% 10.4% 7.3% Profit/loss for the period 900 −2 290 −125 799 Earnings per share, SEK 0.24 −0.66 −35.29 Operational progress Commercial development Customer development Product and scalability The platform launched with self-service on June 29 Several major organizations have been onboarded More than 150 AI models in a common environment Approximately 200 registrations as of the publication of this report A global audit and advisory firm has joined Over 80 connections to data sources and business systems Focus has shifted from development to commercialization and use An industrial company with a turnover of over 10 BSEK has joined Previously separate solutions have been combined into one offering Several customer dialogues and implementation projects are underway Customers can gradually expand usage to more processes The largest technical investments have been completed January - June - Half-year report 2026
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3 OODA AI's All-in-One AI Platform OODA is a unified AI platform that enables companies to deploy, develop, and manage AI services in a common and secure environment. The platform brings together more than 150 AI models with tools for AI chat, knowledge bases, document management, image, video, audio, digital avatars, voice assistants, AI agents, and automated workflows. With more than 80 connectors, companies can connect AI capabilities to existing documents, data sources, and business systems. The platform also includes APIs and tools to develop their own AI applications, allowing use to grow from individual tasks to integrated business processes. The platform is scalable and flexible, enabling customization to meet customer needs and a gradual expansion of use within organizations. Customers can develop both internal tools and external services on top of the platform, creating the conditions for recurring use and further development. The modular structure makes it possible to combine different functions depending on the application. The platform can therefore be used for everything from simple automation to more advanced AI-driven systems and services. Oona – Guidance from Onboarding to Action Oona is OODA's AI avatar and is available throughout the user journey. She can guide the user through the onboarding process, answer questions, and show them where various features are located. The user can either follow the guidance and perform the task themselves or ask Oona to perform the task directly. This lowers the threshold for the platform's features and creates the conditions for faster activation, reduced support needs, and a more scalable self-service model. January - June - Half-year report 2026
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4 Examples of use cases Internal knowledge and decision support Employees can search, compile, and query internal documents, policies, agreements, and other data sources through an AI assistant tailored to the organization. Document and information management The platform can be used to read, classify, summarize and process large amounts of documents and identify relevant information and discrepancies. Customer service and sales AI assistants and voice solutions can handle common customer questions, generate suggested answers, qualify incoming cases, and give sales organizations access to relevant customer and product information. Marketing and content production Text, presentations, images, audio and video can be produced and processed within the same platform, with the option to use the organization's own guidelines and knowledge base. Automated workflows AI agents can be connected to business systems to gather information, perform analyses, prepare supporting materials, and carry out recurring tasks. Development of own AI services Companies can build internal or customer-facing AI applications using the platform's models, APIs, data connections, and workflow tools. OODA's goal is to give organizations a common foundation for AI, rather than each function or department implementing separate tools and vendors. OODAʼs key advantages Model independence Customers can choose a model based on task, quality, cost and other operational requirements. Shared enterprise data Knowledge and documents can be used by multiple AI functions without the need to build separate solutions for each use case. Faster implementation Out-of-the-box features and connections reduce the need to develop the entire AI environment from scratch. Reduced vendor fragmentation Fewer separate tools can simplify administration, integration, training, and cost control. Security and control A shared environment provides better conditions for controlling users, data access, and the organization's AI use. Scalable use Customers can start with a limited function and gradually expand usage to more teams and processes. OODA therefore does not only compete with individual AI tools. The platform also serves as an alternative to companies combining and managing a large number of separate models, applications and vendors themselves. January - June - Half-year report 2026
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5 Financial information Revenue First half of 2026 During the first half of 2026, the Group's revenue amounted to 16 811 TSEK (20 189 TSEK). Net sales amounted to 13 152 TSEK (16 351 TSEK). The lower sales are mainly attributable to the fact that the launch of the new platform and the work with sales, migration and onboarding have delayed certain customer processes during the period. Capitalized work for own account amounted to 3 607 TSEK (3 410 TSEK) and related to continued development of the company's AI platform. Other operating revenue amounted to 52 TSEK (428 TSEK). Operating profit First half of 2026 The company reported positive EBITDA for the first half of the year, which amounted to 3 006 TSEK (2 093 TSEK), corresponding to an EBITDA margin of approximately 18% (10%). Despite lower revenues, both EBITDA and the margin improved compared to the previous year. Other external costs amounted to −9 971 TSEK (−13 734 TSEK), a decrease of approximately 27%, which is mainly attributable to the activities carried out to streamline the group. Personnel costs amounted to −3 833 TSEK (−4 362 TSEK) and remained low in line with the company's cost structure. Depreciation and impairment amounted to −1 781 TSEK (−3 976 TSEK). Operating profit (EBIT) improved to 1 225 TSEK (−1 883 TSEK). Profit after financial items amounted to 968 TSEK (−2 255 TSEK) and profit for the period to 900 TSEK (−2 290 TSEK). The Group's interest expenses amounted to −275 TSEK (−192 TSEK) and net financial items were no longer burdened by significant items from previous financial holdings. Earnings per share Earnings per share amounted to 0.24 SEK (−0.66 SEK), based on an average number of shares of 3 736 773 (3 458 894) during the period. The improvement in earnings is attributable to the strengthened operating profit and the absence of the impairments and negative financial items that burdened the previous year. Cost base and profitability structure The company strives to have a low cost base where the use of AI reduces the need for personnel. During the period, other external costs and personnel costs decreased by a total of approximately 4.3 MSEK compared to the corresponding period last year, while ongoing technology costs have been further reduced since the end of the first half of the year. This increases the possibilities for profitability above the standard for traditional SaaS companies. The board of directors already has an extensive mandate to issue shares, convertible instruments or similar financial instruments to strengthen the company's liquidity position if necessary. Cash flow & investments First half of 2026 The Group's cash flow from operating activities before changes in working capital amounted to 2 674 TSEK (940 TSEK). After changes in working capital, the cash flow from operating activities amounted to −8 582 TSEK (−21 760 TSEK), where the change in current receivables of −10 281 TSEK mainly explains the negative outcome. The Group's cash flow from investing activities amounted to −4 321 TSEK (−32 107 TSEK). The Group has invested in intangible assets of 3 607 TSEK, which are attributable to the technology development of the company's AI products, and in financial assets of 714 TSEK (28 696 TSEK). The cash flow from financing activities amounted to 9 910 TSEK (30 494 TSEK), of which 10 019 TSEK related to the new share issue. The Group's closing cash and cash equivalents amounted to 342 TSEK as of June 30, 2026 (1 787 TSEK as of June 30, 2025 and 3 335 TSEK as of December 31, 2025). The Group's total liabilities amounted to 17 909 TSEK (15 186 TSEK) as of June 30, 2026. Since year-end, liabilities have decreased by 1 872 TSEK. The Group had no long-term liabilities as of June 30, 2026 (1 015 TSEK as of June 30, 2025). The Group's current liabilities amounted to 17 909 TSEK (14 171 TSEK) as of June 30, 2026. Financial assets At the end of the period, the Group's non-current financial assets amounted to 9 100 TSEK (94 005 TSEK). The change compared to the previous year is mainly attributable to the write-downs, divestments and revaluations of financial assets that were carried out during 2025 with the aim of streamlining the operations. Remaining assets mainly consist of receivables from associated companies of 9 051 TSEK (8 338 TSEK as of 31 December 2025) and other long-term receivables of 49 TSEK. The board of directors continuously evaluates the strategic importance of the holdings. January - June - Half-year report 2026
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6 Significant events Significant events in the first half of 2026 - On January 5, 2026, the merger of EO Capital 1 AB with OODA AI AB (publ) was registered with the Swedish Companies Registration Office. - On March 16, 2026, the company published a new website and presented its forthcoming AI platform. - On March 31, 2026, the company decided on a cash issue of approximately 10 MSEK comprising a maximum of 45 750 shares at a price of 219 SEK per share. - On June 10, 2026, the cash issue of 10 019 250 SEK with 45 750 shares was registered with the Swedish Companies Registration Office at a price of 219 SEK per share. - On June 29, 2026, the company launched its next-generation AI platform with self-service access Significant events after the first half of 2026 - The company reports no significant events after the first half of 2026 Equity and number of shares Share capital The parent company's equity amounted to 35 676 TSEK (156 522 TSEK) as of June 30, 2026. The group's equity amounted to 34 797 TSEK (116 845 TSEK) as of June 30, 2026. The share capital in the group was 37 772 150 SEK as of June 30, 2026. The number of shares has increased by 45 750 during the first half of 2026 as a result of the cash issue that was registered with the Swedish Companies Registration Office on June 10, 2026. Number of shares The number of shares is based on the number of shares registered with the Swedish Companies Registration Office as of June 30, 2026, which amounted to 3 777 215. The OODA AI share OODA AI AB (publ) is traded on Nasdaq First North Growth Market. The first day of trading was December 20, 2021 after completing a reverse acquisition with the then Invajo Technologies AB. On June 30, 2026, the share price was listed at 37 SEK. This corresponds to a market value of approximately 140 MSEK. Financial calendar The annual report and half-year reports will be available on the company's website the same day they are published. - The 2026 half-year report will be presented on: August 31, 2026 - The 2026 year-end report will be presented on: March 31, 2027 - Annual Report 2026 will be presented on: June 1, 2027 - The 2027 Annual General Meeting will be held on: June 30, 2027 Changes in the Group The group has merged the subsidiary EO Capital 1 in 2026 and is working on streamlining the organization and has divested holdings in associated companies. January - June - Half-year report 2026
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7 Consolidated income statement January - June January - June Full year TSEK 2026 2025 2025 Operating revenue Net sales 13 152 16 351 31 880 Capitalized work for own account 3 607 3 410 8 716 Other operating revenue 52 428 178 16 811 20 189 40 774 Operating costs Raw materials and supplies 0 0 0 Other external costs −9 971 −13 734 −28 607 Personnel costs −3 833 −4 362 −9 210 Other operating expenses −1 0 0 EBITDA 3 006 2 093 2 957 Depreciation and impairment −1 781 −3 976 −32 227 Operating profit (EBIT) 1 225 −1 883 −29 270 Financial items Profit/loss participations in other long-term securities holdings −4 −562 −32 227 Profit/loss participations in associated companies 0 382 −63 243 Profit/loss sale of shares in subsidiaries 0 0 0 Interest income 22 0 1 Interest expenses −275 −192 −384 Profit/loss after financial items 968 −2 255 −125 123 Tax on profit for the period −68 −35 −675 Profit/loss for the period 900 −2 290 −125 799 Attributable to shareholders of the Parent Company 900 −2 597 −125 799 Non-controlling interests 0 307 0 Earnings per share before dilution (SEK) 0.24 −0.66 −35.29 Average number of shares for the period 3 736 773 3 458 894 3 564 694 Outstanding shares at the end of the period 3 777 215 3 640 630 3 731 465 January - June - Half-year report 2026
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8 Consolidated balance sheet TSEK 2026-06-30 2025-06-30 2025-12-31 ASSETS Fixed assets Intangible fixed assets Capitalized development expenditure 16 840 10 984 15 013 Concessions, patents, licenses 0 0 0 Goodwill 0 0 0 16 840 10 984 15 013 Tangible fixed assets Equipment 26 29 26 26 29 26 Non-current financial assets Shares in listed companies 0 0 0 Shares in associated companies 0 61 867 0 Other long-term securities holdings 0 424 0 Ownership interests in other companies 0 31 665 0 Receivables from associated companies 9 051 0 8 338 Other long-term receivables 49 49 49 9 100 94 005 8 387 Total fixed assets 25 966 105 018 23 426 Current assets Current receivables & inventories Merchandise 0 0 0 Trade receivables 8 212 7 361 1 154 Other current receivables 8 690 13 636 7 250 Prepaid expenses and accrued income 9 496 4 229 8 475 26 398 25 226 16 879 Cash and bank balances Cash and cash equivalents 342 1 787 3 335 342 1 787 3 335 Total current assets 26 740 27 013 20 214 TOTAL ASSETS 52 706 132 031 43 640 January - June - Half-year report 2026
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9 TSEK 2026-06-30 2025-06-30 2025-12-31 EQUITY AND LIABILITIES Equity Share capital 37 772 36 406 37 315 Other contributed capital 570 153 546 784 560 591 Other equity including profit for the period −573 128 −470 572 −574 047 Equity attributable to parent company shareholders 34 797 112 618 23 859 Of which attributable to shareholders of the Parent Company 34 797 112 618 23 859 Non-controlling interests 0 4 227 0 Total equity 34 797 116 845 23 859 Provisions Provisions for deferred taxes 0 0 0 Total provisions 0 0 0 Liabilities Long-term liabilities Other liabilities 0 218 109 Interest-bearing liabilities 0 797 0 0 1 015 109 Current liabilities Interest-bearing liabilities 1 026 660 1 115 Overdraft facility 0 0 0 Trade payables 6 727 9 225 8 148 Tax liabilities 776 875 1 565 Other liabilities 8 082 1 681 6 577 Accrued expenses and prepaid income 1 298 1 730 2 267 17 909 14 171 19 672 Total liabilities 17 909 15 186 19 781 TOTAL EQUITY AND LIABILITIES 52 706 132 031 43 640 January - June - Half-year report 2026
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10 Consolidated statement of changes in equity 2026-01-01 2025-01-01 2025-01-01 TSEK 2026-06-30 2025-06-30 2025-12-31 Opening equity 23 859 119 371 119 371 Corrections to opening balance 0 0 New share issue 10 019 29 857 44 574 Issue expenses 0 0 0 Change in group structure 0 −30 081 −14 288 Acquisition of non-controlling interests 0 0 0 Disposal of non-controlling interests 0 0 0 Merger result 0 0 0 Translation difference 19 −11 0 Profit/loss for the period 900 −2 290 −125 799 Closing equity 34 797 116 845 23 859 Attributable to the parent company's shareholders 34 797 112 618 23 859 Non-controlling interests 0 4 227 0 Total equity 34 797 116 845 23 859 January - June - Half-year report 2026
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11 Consolidated statement of cash flows January - June January - June Full year TSEK 2026 2025 2025 Operating activities Operating profit 1 225 −1 883 −29 270 Adjustment for items not included in cash flow 1 781 3 976 32 227 Interest paid −272 −192 −384 Interest received 22 0 1 Tax paid −82 −961 −911 Cash flow from operating activities before changes in working capital 2 674 940 1 663 Change in working capital Change in current receivables −10 281 −12 347 −11 520 Change in current liabilities −975 −10 353 −6 804 Cash flow from operating activities −8 582 −21 760 −16 662 Investing activities Investments in intangible assets −3 607 −3 410 −8 716 Investments in non-current financial assets −714 −28 696 −40 697 Business acquisitions & divestments 0 0 0 Cash from acquired & divested assets 0 0 0 Cash flow from investing activities −4 321 −32 107 −49 413 Financing activities New share issue 10 019 29 859 44 574 Transaction costs related to capital raising 0 0 0 Change in overdraft facility 0 0 0 Loans taken out 0 635 0 Loan repayment −109 0 −272 Cash flow from financing activities 9 910 30 494 44 302 Cash flow for the period −2 993 −23 373 −21 773 Cash and cash equivalents at the beginning of the period 3 335 25 108 25 108 Exchange differences in cash and cash equivalents 0 52 0 Cash and cash equivalents at the end of the period 342 1 787 3 335 January - June - Half-year report 2026
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12 Parent company income statement Jan-Jun Jan-Jun Full year TSEK 2026 2025 2025 Operating revenue Net sales 12 232 16 350 31 880 Capitalized work for own account 3 607 3 410 8 716 Other operating revenue 0 426 145 15 839 20 186 40 741 Operating costs Other external costs −13 557 −14 214 −31 509 Personnel costs 0 −1 −460 Other operating expenses −106 0 0 EBITDA 2 176 5 971 8 772 Depreciation and impairment −1 780 −905 −2 182 Operating profit (EBIT) 396 5 066 6 590 Profit/loss financial items Profit/loss participations in group companies 0 0 −149 247 Net interest 1 761 −18 −34 Profit/loss after financial items 2 157 5 048 −142 691 Appropriations 0 0 0 Tax on profit for the period 0 0 0 Profit/loss for the period 2 157 5 048 −142 691 Earnings per share before dilution (SEK) 0.58 1.46 −40.03 Average number of shares for the period 3 736 773 3 458 894 3 564 694 Outstanding shares at the end of the period 3 777 215 3 640 630 3 731 465 January - June - Half-year report 2026
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13 Parent company balance sheet TSEK 2026-06-30 2025-06-30 2025-12-31 ASSETS Fixed assets Intangible fixed assets Capitalized development expenditure 16 840 10 984 15 013 16 840 10 984 15 013 Tangible fixed assets Equipment 0 0 0 0 0 0 Non-current financial assets Shares in subsidiaries 820 115 516 27 626 Receivables from Group companies 33 102 0 0 Other long-term receivables 49 49 49 33 971 115 565 27 675 Total fixed assets 50 811 126 549 42 688 Current assets Current receivables & inventories Trade receivables 8 212 7 361 1 154 Receivables from group companies 0 26 506 2 672 Other current receivables 665 374 246 Prepaid expenses and accrued income 8 896 4 229 8 475 17 773 38 470 12 547 Cash and bank balances Cash and cash equivalents 327 803 3 248 327 803 3 248 Total current assets 18 100 39 273 15 795 TOTAL ASSETS 68 911 165 822 58 483 January - June - Half-year report 2026
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14 TSEK 2026-06-30 2025-06-30 2025-12-31 EQUITY AND LIABILITIES Equity Share capital 37 772 36 406 37 315 Unregistered share capital 0 0 0 Other contributed capital 988 600 965 231 979 038 Other equity including profit for the period −990 696 −845 115 −992 854 Total equity 35 676 156 522 23 499 Current liabilities Interest-bearing liabilities 0 0 0 Trade payables 5 656 3 155 5 241 Liabilities to group companies 22 537 4 579 25 110 Other liabilities 3 791 48 2 584 Accrued expenses and prepaid income 1 251 1 518 2 049 Total current liabilities 33 235 9 300 34 984 Total liabilities 33 235 9 300 34 984 TOTAL EQUITY AND LIABILITIES 68 911 165 822 58 483 Parent company statement of changes in equity 2026-01-01 2025-01-01 2025-01-01 TSEK 2026-06-30 2025-06-30 2025-12-31 Opening equity 23 499 121 617 121 616 Opening balance adjustments 0 0 New share issue 10 019 29 859 44 574 Non-cash share issue 0 0 0 Issue expenses 0 0 0 Warrants 0 0 0 Translation difference 0 0 0 Profit/loss for the period 2 157 5 048 −142 691 Closing equity 35 676 156 522 23 499 January - June - Half-year report 2026
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15 Parent company statement of cash flows January - June January - June Full year TSEK 2026 2025 2025 Operating activities Operating profit 396 5 066 6 590 Adjustment for items not included in cash flow 1 780 905 2 182 Net interest −186 −18 −34 Tax paid 0 0 0 Cash flow from operating activities before changes in working capital 1 990 5 953 8 738 Change in working capital Change in current receivables −8 798 20 126 18 976 Change in current liabilities −2 525 −47 587 −44 005 Cash flow from operating activities −9 333 −21 508 −16 291 Investing activities Investments in intangible assets −3 607 −3 410 −8 716 Investments in non-current financial assets 0 −25 311 −37 493 Cash flow from investing activities −3 607 −28 721 −46 209 Financing activities New share issue 10 019 29 858 44 574 Transaction costs related to capital raising 0 0 0 Loans taken out 0 0 0 Cash flow from financing activities 10 019 29 858 44 574 Cash flow for the period −2 921 −20 371 −17 926 Cash and cash equivalents at the beginning of the period 3 248 21 174 21 174 Exchange differences in cash and cash equivalents 0 0 0 Cash and cash equivalents at the end of the period 327 803 3 248 January - June - Half-year report 2026
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16 Notes Note 1 Accounting principles This half-yearly report has been prepared in accordance with the Annual Accounts Act and the accounting principles applied are in accordance with BFNAR 2012:1 Annual Report and Consolidated Financial Statements (K3). The company applies the same accounting principles and calculation methods as applied in the annual report for 2025. Note 2 Definitions of key performance measures Operating profit (EBIT) The result for the period including depreciation and impairment of tangible and intangible fixed assets before financial items and tax. EBITDA Operating profit excluding depreciation and impairment of intangible and tangible fixed assets. EBITDA margin EBITDA in relation to total operating revenue. Earnings per share The profit for the period is divided by the average number of shares outstanding during the period, taking into account share issues completed during the period. Average number of shares during the period Weighted average number of shares outstanding during the period, adjusted for any changes such as share issues and repurchases of own shares. Equity ratio, % Equity in relation to total assets. Revenue growth (%) Percentage change in operating revenue between comparable periods Organic growth (%) Operating revenue excluding acquired income between comparable periods in percentage. Investments Investments (i) refer to the acquisition of shares, payment for the investment can either be made in cash, set-off or by issuing shares, or; (ii) refer to cash or other capital contribution (shareholder contributions or similar) in an existing holding. Divestments Divestments refer to the sale of shares, payment can either be made in cash, by set-off arrangements or by issuing shares. Change in value When the holding changes net asset value that is not related to an investment/disposal, e.g. new valuation in connection with a transaction or changed profitability in the business. January - June - Half-year report 2026
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17 Note This information is information that OODA AI AB (publ) is required to disclose pursuant to the EU Market Abuse Regulation. The information was published on August 31, 2026, at 08:45 CET Björn Nilsson Board member and Chairman of the Board Michaela Berglund Board member Johan Königslehner Board member Arli Charles Mujkic Board member and CEO This half-year report has not been subject to review by the company's auditor. OODA AI AB (publ) Stora Gatan 38 722 12 Västerås Sweden www.ooda.ai ISIN code: SE0020699296 January - June - Half-year report 2026