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Change in number of shares and votes in Net Insight

During July 2023, 1 400 000 warrants in the long-term incentive program that was decided by the annual general meeting 2020 (LTI 2020) have been exercised, resulting in an increase of 1 400 000 B-shares and votes in Net Insight AB.

Before the warrants were exercised, there were 1 000 000 A shares and 367 868 009 B shares, in total 368 868 009 shares and 377 868 009 votes. As of July 31, 2023, there are 1 000 000 A shares and 369 268 009 B shares, in total 370 268 009 shares and 379 268 009 votes. A reduction of share capital with cancellation of shares is ongoing, whereby the numbers of B shares and votes will decrease by 12 775 000.

For further information, please contact:
Joakim Schedvins, CFO, +46 8 685 04 00, joakim.schedvins@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us:
LinkedIn: linkedin.com/company/net-insight Twitter: twitter.com/NetInsight

This information is information that Net Insight is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 2023-07-31 10:00 CEST.

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Change in number of shares and votes in Net Insight

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Net Insight Interim Report January – June 2023

A quarter with continued stable growth

A stable start to the year was followed by another strong quarter, with continued steady growth in the media business, despite the more challenging macroeconomic environment. The development of Zyntai, the new time synchronization product for 5G, continues according to plan. We have delivered the first units and received the first pilot order in the US.

Crister Fritzson, CEO Net Insight

April – June 2023

• Net sales amounted to SEK 126.3 (110.1) million, an increase of 14.7% year-on-year. In comparable currencies net sales increased by 7.4%.
• Operating earnings amounted to SEK 9.9 (9.4) million, corresponding to an operating margin of 7.8% (8.5%). Excluding foreign exchange rate differences of SEK -1.7 (-0.2) million, operating earnings were SEK 11.6 (9.5) million.
• Net income for the period was SEK 10.9 (11.8) million.
• Earnings per share diluted was SEK 0.03 (0.03).
• Total cash was SEK -12.4 (-23.8) million. Excluding the cash impact from repurchase of own shares, the cash flow was SEK -7.7 (-23.8) million.

January – June 2023

• Net sales amounted to SEK 252.9 (219.8) million, an increase of 15.0% year-on-year. In comparable currencies net sales increased by 6.6%.
• Operating earnings amounted to SEK 21.9 (20.1) million, corresponding to an operating margin of 8.7% (9.1%). Excluding foreign exchange rate differences of SEK -3.0 (0.4) million, operating earnings were SEK 24.9 (19.7) million.
• Net income for the period was SEK 21,3 (19,9) million.
• Earnings per share diluted was SEK 0.06 (0.05).
• Total cash was SEK -42.2 (-25.0) million. Excluding the cash impact from repurchase of own shares, the cash flow was SEK -29.1 (11.7) million.

Q2 in brief

• Continued strong growth in media
• Pilot order in time synchronization from major US operator
• First units of new time synchronization product Zyntai delivered to customers
• Upgrade doubles Nimbra capacity

For the complete interim report, please refer to the attached PDF.

A webcast for media and the financial community will take place at 9:30 am CEST on July 18, 2023
CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the interim report: https://ir.financialhearings.com/net-insight-q2-2023

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, 08-685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us:
LinkedIn: linkedin.com/company/net-insight Twitter: twitter.com/NetInsight

This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-07-18 07:30 CEST.

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Net Insight Interim Report Q2 2023

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MoMe delivers video for major eSports event with Net Insight's cloud solution

Stockholm, Sweden – Net Insight announces the successful collaboration with its Spanish partner, MoMe, and service provider Cingularity in delivering impeccable international video services for a high-profile eSports event taking place in Singapore in June.

The event captivated audiences worldwide from the 22nd to the 25th of June at Singapore's Suntec Centre. With the rising popularity of eSports, this event drew significant attention from gaming enthusiasts and professionals worldwide. MoMe's utilization of Net Insight's cloud native Nimbra Edge technology, deployed in Madrid and Frankfurt, ensured redundancy and resilience for uninterrupted video services delivery to meet the demands of the event.

The seamless transport of video services from Singapore back to London was entrusted to Cingularity, specialists in bespoke live video networking and production solutions. Cingularity deployed Net Insight's Nimbra 400 solution locally to guarantee reliable and high-quality video performance to its Singapore POP for onward transmission to London across its Nimbra MSR based global core network.

Upon reaching London, MoMe utilized Nimbra Edge to seamlessly ingest the content into their network. The deployment of Nimbra Edge in Madrid and Frankfurt not only ensured uninterrupted service but also offered a robust and flexible distribution system to cater to the diverse range of worldwide media rights-holders. Furthermore, Nimbra Edge exhibited its flexibility by enabling the addition of new media rightsholders just a few days before the commencement of the event.

"We are thrilled to have successfully delivered global services for the prestigious eSports event powered by Nimbra Edge," says Jaime Herbada, COO at MoMe. "The deployment ensured uninterrupted service throughout the event. We are proud to have met the customer's expectations by offering cost-effective distribution and the flexibility to fulfill last minute requests from media rights-holders."

"Our partnership with MoMe and Cingularity has once again demonstrated our commitment to delivering innovative solutions for major sports events," says Crister Fritzson, CEO of Net Insight. "Together we have empowered content creation and enhanced the viewing experience for eSport audiences worldwide."

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us:
LinkedIn: linkedin.com/company/net-insight Twitter: twitter.com/NetInsight

About MoMe:

For more information, please visit momeweb.com

About Cingularity:

For more information, please visit cingularity.tv

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MoMe delivers video for major eSports event with Net Insight's cloud solution

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Invitation to presentation of Net Insight's Interim report January – June 2023

Net Insight AB will publish its Interim report January – June 2023, on July 18, 2023 at 7:30 am CEST. Following this report, a webcast for the media and the financial community will take place.

CEO Crister Fritzson and CFO Joakim Schedvins will present and comment on the report. If you wish to participate via the webcast please use the link below. Via the webcast you are able to ask written questions. The presentation will be in Swedish, but the presentation slides are in English.

Time for the publication of the Interim report
Tuesday July 18 at 07:30 am CEST.

Time for webcast
Tuesday July 18 at 09:30 am CEST.

Webcast
https://ir.financialhearings.com/net-insight-q2-2023

The presentation and the Interim report will be available on netinsight.net after publication.

Welcome!

Crister Fritzson
CEO

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us:
LinkedIn: linkedin.com/company/net-insight/ Twitter: twitter.com/NetInsight

Attachments

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Invitation to presentation of Net Insight's Interim report January – June 2023

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