Kinnevik Results Presentation Deck slide image

Kinnevik Results Presentation Deck

Intro PLATFORMS & MARKETPLACES Customer centric last-mile logistics platform specialised for e-Commerce businesses Fair Value SEK 2.4bn Kinnevik Stake 27% Sweden's leading independent online grocery retailer, reaching more than half of all Swedish households Fair Value SEK Kinnevik Stake Net Asset Value Fair Value SEK Kinnevik Stake 194m 31% The leading online grocery store in Norway, with the ambition to make grocery shopping an effort- less activity KINNEVIK 645m 21% Interim Report - Q3 2022 Number of New Merchants 268 Q32021 2736 Q2 2021 385 Revenues LTM (SEKm) 2 404 Q4 2021 Q2 2021 Portfolio Overview 2727 Q3 2021 Revenues LTM (NOKm) Mathem 2471 Q3 2021 357 Q1 2022 2 648 Q4 2021 oda 2484 448 Q4 2021 Q2 2022 2 545 Q1 2022 2 509 Q1 2022 budbee 238 Q3 2022 2 482 Q2 2022 2 642 Sustainability Q2 2022 In September, Budbee and Instabox announced they are joining forces in the new combined company Instabee. The combination, subject to approval from the Swedish Competition Authority, would create a new group with the power to invest in, and push the boundaries of, consumer- centric and sustainable last-mile delivery services for the e-commerce sector in Europe. Kinnevik first invested in Budbee in 2018 and since then, the company has grown its revenues by 10x. Kinnevik's aggregate return on our investment in Budbee corresponds to over 5x to date and our first investment in 2018 have generated a return of 14x. This serves as a true testament to Kinnevik's unique ability to invest early and back our companies consistently through their development. Number of Completed Deliveries LTM (m) 2.5 Q2 2021 1.9 2.7 Q2 2021 Q3 2021 2.0 2.3 Q3 2021 Q4 2021 Number of Completed Deliveries LTM (m) Financial Statements 2.0 Q4 2021 2.2 Q1 2022 2.1 Q1 2022 2.1 Q2 2022 2.3 Other Q2 2022 āœ“ Common Residential brand and tech- enabled managed rental housing marketplace in the US Fair Value SEK Kinnevik Stake 109m 14% 12
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