HILBERT GROUP PUBLISHES YEAR-END REPORT FOR 2024

The fourth quarter 2024(compared to fourth quarter 2023)Revenues amounted to KSEK 42,191,1 (KSEK 7,628.9)Operating profit/loss (EBIT) totaled KSEK -11,328.4 (KSEK -15,230.6)Result for the period was KSEK -1,431.6 (KSEK -22,924.2)Cash flow from operating activities amounted to KSEK -10,549.9 (KSEK -4,460.6)Earnings per share before and after dilution amounted to SEK 0.01 (SEK -0.37)Full year January – December 2024(compared to full year 2023)Revenues amounted to KSEK 112,977.5 (KSEK 24,106.4)Operating profit/loss (EBIT) totaled KSEK -45,158.6 (KSEK -42,963.1)Result for the period was -38,769.3 (KSEK -48,870.4)Cash flow from operating activities amounted to KSEK -36,650.7 (KSEK -28,664)Earnings per share before and after dilution amounted to SEK -0.56 (SEK -0.83)HILBERT GROUP FINANCIAL REPORTS CAN BE FOUND HERE.Highlights from the CEO’s addressXapo Partnership & Asset ManagmentXapo Byzantine BTC Credit Fund has demonstrated impressive traction, currently yielding 4.02% with 3,250 BTC under management. As we prepare to extend access via Xapo’s corporate banking platform to qualified global investors, wemaintain our ambitious 2025 AUM target of USD 2 billion equivalent.Liberty Road IntegrationThe Liberty Road Capital integration is progressing exceptionally well, with deal completion expected before Q1 2025 end. This strategic acquisition, managing USD 110M with a 2/20 fee structure, significantly enhances our capabilities andrevenue streams. Historically, the Liberty Road strategies have achieved 10%-20% net per annum with minimal drawdowns in any given month.COIN360In December 2024, we launched a revamped beta version of COIN360.com, with significant improvements to user experience and platform capabilities. Our next steps for Q2 2025 include:Subscription-based servicesAdvanced customizable featuresCommunity-driven content contributionsWith steadily improving KPIs, we remain confident in achieving our 2025revenue target of USD 10 million.Launch of A360: The World’s First Compliant On-Chain Trading ProtocolOne of the most exciting developments at Hilbert is the upcoming launch of A360, a decentralized trading platform for tokenized real-world assets (RWA). Developed in partnership with Galactica and CT.com, A360 will enable fully compliant, onchain spot trading of tokenized real-world equities such as pre-IPO shares of OpenAI, SpaceX and Anthropocene etc,. This initiative strengthens synergiesbetween:Hilbert’s Asset Management divisionCOIN360’s established digital user baseA360’s cutting-edge on-chain trading solutionsLooking Ahead: Strategic Priorities for 2025As we chart the next phase of Hilbert’s journey, my immediate priorities center on three core objectives:Achieving firm-wide cash flow positivityElevating customer experience and engagementDriving operational efficiency. We will continue to execute our strategy while leveraging our core strengths:Technical & operational excellenceA strong brand presence as a NASDAQ-listed crypto firmDeep expertise in both traditional finance and the crypto industryFor further information, please contact:Barnali Biswal, CEO Hilbert Group AB orNiclas Sandström, Co-founder Hilbert Group AB+46 (0)8 502 353 00