Hoylu Releases Preliminary Revenue Numbers for Q4

Stockholm, Sweden, January 10, 2019 – Enterprise Collaboration company Hoylu today announced preliminary revenue numbers and EBITDA numbers for Q4. Revenues in the fourth quarter were SEK 13.1 million up from SEK 9.0 million in Q3, a 46% growth from quarter to quarter.  EBITDA for Q4 were SEK -1.1 million compared to SEK -4.2 million in Q3.

“We focus on expanding the business with our large enterprise clients and we expect the strong underlying growth trend to continue in 2019”, said Stein Revelsby, CEO at Hoylu.

To avoid speculation about Q4 performance Hoylu today decided to release preliminary revenue numbers and EBITDA numbers for Q4.

The full report for Q4 will be released as previously announced on February 15, 2019.

Hoylu’s solutions and software offer new and exciting ways to learn and collaborate smarter, faster and more efficiently. Create connected workspaces that include engineering plans, design reviews, and analyze large data sets on large scale HoyluWalls or any device you choose. Hoylu Suite is designed to make digital work simple, seamless and hassle free.

For more information, please contact:
Stein Revelsby, CEO at Hoylu +1 213 440 2499 Email: sr@hoylu.com
Karl Wiersholm, CFO at Hoylu +1 425 829 2316 Email: kw@hoylu.com

Hoylu AB
Hoylu delivers innovative enterprise solutions to allow global teams to collaboratively plan, create and share information that enrichen the user experience in the virtual office. The Hoylu Suite delivers a comprehensive set of personalized connected workspaces to enable teams across locations, on any device, to work smarter and with more fun across major industries including Engineering, Education, Pharmaceutical, Construction, Manufacturing, Graphic Design and many more. For more information: www.hoylu.com or visit www.introduce.se/foretag/hoylu

Ticker symbol: Hoylu
Marketplace: Nasdaq First North Stockholm
Certified Adviser: Mangold Fondkommission AB +46 (0) 8 50 301 550 (ca@mangold.se)

Publication
This information is information that Hoylu AB 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 above, at (8:30) CET on January 10, 2019.