ONOMONDO ApS

Description of key activities of the companyOnomondo is a global IoT software and connectivity company. Through its global core network, Onomondo enables multi-operator connectivity and provides a cloud-based management platform to activate, monitor, and control fleets of connected devices. In 2025, the company expanded its offering in the maritime segment with a large-scale hybrid private/public network deployment, extending its capabilities into critical industrial connectivity.

Development in activities and financial mattersGross profit increased to DKK 56.746 thousand (2024: DKK 29.285 thousand), reflecting higher activity across the core connectivity business and the rollout of the first hybrid private/public network. Profit or loss from ordinary activities after tax was DKK -12.412 thousand (2024: DKK -26.356 thousand), representing a substantial improvement year-on-year. Management considers the result satisfactory.

The year was driven by growth in core connectivity and a faster-than-planned ramp-up of the hybrid network deployment, resulting in performance materially ahead of the initial financial and commercial expectations for 2025. During the year the Company expanded commercial capacity, onboarded an additional connectivity partner, and continued to strengthen the technology foundation to further enhance platform robustness and resilience.

Development for the year relative to the expectationsIn the annual report 2024, a projected profit or loss from ordinary activities after tax of DKK -21.000 thousand were announced. The actual profit or loss from ordinary activities after tax amounts to DKK -12.412 thousand.

As stated previously, the improved result was driven by a stronger underlying performance across Onomondo’s business, together with a materially faster rollout of the first private/public network solution.…

Uncertainties connected with recognition or measurementThere is no uncertainty related to recognition and measurement in the presented annual report.

Events occurring after the end of the financial yearNo events have occurred after the end of the financial year that could significantly affect the company's financial position.

15.Contractual obligations and contingencies, etc.

Contingent assetsThe company has a deferred tax asset of t.DKK 31.672 not recognized in the annual report, as the company does not expect to utilize the asset withing the next few years.…