Cell Impact reports third quarter results: Continued strong growth

Cell Impact AB

PRESS RELEASE

2021-10-22

www.cellimpact.com

Investor contact

Cell Impact AB (Nasdaq First North GM: CI B) reports the following financial

Pär Teike, CEO

summary for the third quarter.

paer.teike@cellimpact.com

+46 73-024 06 84

» Total revenues for the first quarter amounted to SEK 27.5 million, which is growth of

224 percent for the quarter.

» Operating result was SEK -14.4 million (-5.7).

» The Group's result after financial items was SEK -14.7 million (-6.1).

» Earnings per share attributable to the shareholders of the Parent Company totaled

SEK -0.25(-0.12).

» Equity was SEK 149.3 million (52.3) or SEK 2.54 per share (1.01) on the balance sheet

date.

» Debt/equity ratio was 73% (59%) on the balance sheet date.

» Cash flows from operating activities amounted to SEK -20.2 million (-3.5) during the

quarter.

» On the balance sheet date, the Group's cash and cash equivalents totaled SEK 57.5

million (23.6).

For more information, please contact:

Stefan Axellie, CFO, +46 70-343 46 55 or stefan.axellie@cellimpact.com.

About Cell Impact

Cell Impact AB (publ) is a global supplier of advanced flow plates to fuel cell

manufacturers. The company has developed and patented a unique method for high-

velocity forming,

Cell Impact Forming™, which makes it possible to produce flow plates

with more advanced designs, which in turn creates more cost and energy-efficient fuel cells compared to conventional forming methods.

Cell Impact is listed on the Nasdaq First North Growth Market and FNCA Sweden AB is the company's Certified Adviser (CA). Contact information: +46 8-528 00 399 or info@ fnca.se.

This information is inside information that Cell Impact AB is obliged to make public pursuant to the

EU Market Abuse Regulation.

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Cell Impact AB published this content on 22 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2021 07:43:06 UTC.