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Regulatory press release

HODL SPAC Europe AB: Half-year report 2022

Windon Energy Group
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HODL SPAC Europe AB (publ) hereby publishes the interim report for the period January - June 2022.  The interim report is available as an attached document and on the company's website (www.hodlspac.se). Below is a summary of the report.

Half-year 2022[1]

●        Earnings per share amounted to SEK -0.05 (--).

●        Profit after tax amounted to TSEK -428,5  (--).

●        Cash and cash equivalents at 30 June 2022 amounted to TSEK 29173,8  (--).

Second quarter 2022

●        Earnings per share amounted to SEK -0.02 (--).

●        Profit after tax amounted to TSEK -428,5  (--).

Significant events during and after the period

●        The Company completed its share issuance and the stock was listed on the Spotlight Stock Market on January 21, 2022.

●        The Annual General Meeting was held on May 23, 2022

Economic development in summary

SEK thousands H1 2022 Q2 2022
Operating income -428,5 -119,8
Profit after tax -428,5 -119,8
Cash flow from operating activities -717,3 -137,6
Cash flow during the period 18282,7 -137,6
Cash and cash equivalents, March 31, 2022 29173,8 29173,8

[1] HODL SPAC Europe AB (publ) was founded in October 2021 and therefore there is no comparison period.

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