Aino Health interim report January-March 2022

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Expansions of existing contracts and new issue to ensure growth

This document in English is a translation of the original in Swedish. In case of any discrepancy, the Swedish original will prevail.

January – March 2022

• Net sales were KSEK 5,424 (5,770)

• Profit/loss after financial items was KSEK -3,722 (-3,570)

• Earnings per share were SEK -0.1 (-0.2)

 

The new year has started off well for Aino, which has gained increased confidence from both DHL Supply Chain and Centric.
This, together with previous and later expansions of existing contracts, indicates that our clients have high confidence for
our SaaS.

Aino has supported DHL Supply Chain in Sweden with creating an automated and long-term support for their managers,
with the goal of increasing productivity, decreasing sickness absence and creating proactive dialogues between managers
and employees to increase commitment. The expansion means that our SaaS will encompass all of the Swedish operations.

Centric is also choosing to expand usage of our SaaS. We have for several years been supporting Centric’s Swedish operations
and they are now choosing to expand our SaaS solution to their operations in Norway.

We are happy that the highly competent investor group Norberg & Partner has elected to become a major shareholder
in Aino during the quarter, and we look forward to a continued collaboration during our expansion journey.

As a part of our expansion journey we have, during the first quarter, initiated efforts to streamline our service offer and
focus on our competitive SaaS offer. We have seen that the pandemic has led to new digitalization and automation market
demands, meaning that the market for our SaaS offer has matured even further.

We are pleased to be able to contribute to the work of CSR Sweden in strengthening their member organizations’
knowledge on social responsibility and how companies can work more proactively to strengthen the health and wellbeing of
their employees. During the spring, we have also held several popular webinars.

The progress during the most recent quarter in expanding existing contracts shows that our clients have high confidence in
our SaaS, even in more unstable times. Aino is looking forward to the rest of 2022 with confidence.

 

SaaS subscriptions

As of March 31, Aino Health has around 64,000 subscribers.

 

The information contained herein is such as shall be made public by Aino Health AB (publ), in accordance with the EU Market Abuse Regulation. This information was made public, through the agency of Jyrki Eklund, CEO and President of Aino Health AB, at 08.30 AM CET on May 16, 2022.

For more information:
Jyrki Eklund
CEO Aino Health
Phone: +358 40 042 4221

Certified adviser
Erik Penser Bank
+46 8 463 83 00
certifiedadviser@penser.se

About Aino Health (publ)
Aino Health is the leading supplier of Software as a Service solutions in Corporate Health Management. The companys complete system of SaaS platforms and services reduces sick leave, lowers related costs, and improves business results through increased productivity and employee engagement by making health, wellbeing, and safety an integrated part of everyday work. For more information visit ainohealth.com. Aino Health AB (publ) is listed on Nasdaq First North Growth Market (Ticker: AINO). For more information: https://investors.ainohealth.com/en.

 

Link to the interim report!

More

Aino Health interim report January-March 2022

Global company expands agreement with Aino

Aino expands agreement with DHL Supply Chain to include all employees in Sweden

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