EQS-Adhoc

Shelly Group PLC announces preliminary consolidated sales revenues H1 2023

EQS-Ad-hoc: Shelly Group PLC / Key word(s): Preliminary Results/Development of Sales Shelly Group PLC announces preliminary consolidated sales revenues H1 2023 11-Jul-2023 / 11:30 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Publication of inside information according to Article 17 MAR Shelly Group PLC announces preliminary consolidated sales revenues H1 2023

Sofia / Munich, 11 July 2023 – Shelly Group PLC (ticker: A4L / ISIN: BG1100003166) (“Shelly Group” / “the Company”), previously: Allterco JSCo, announces a 53.3% year-on-year increase in revenue from sales of devices and related services to EUR 28.0 million (BGN 54,8 million) in H1 2023, based on preliminary data. The revenue from sales of Shelly-branded IoT and smart home devices increased by 53.9%, amounting to EUR 26.8 million (BGN 52.4 million). The sales revenue of MyKi tracking devices decreased by 27.1% to EUR 0.6 million (BGN 1.2 million).

The Company will officially disclose consolidated financials for H1 2023 until 16 August 2023.

Note: EUR/BGN exchange rate EUR 1 = BGN 1.95583.

For further information, please visit allterco.com.

Investor Relations Contact
CROSS ALLIANCE communication GmbH
Sven Pauly
Phone: [phone]
Email: [e-mail]
www.crossalliance.de

End of Inside Information

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11-Jul-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Shelly Group PLC
	103 Cherny Vrah Bldv
	1407 Sofia
	Bulgaria
E-mail:	[e-mail]
Internet:	www.allterco.com
ISIN:	BG1100003166
WKN:	A2DGX9
Listed:	Regulated Market in Frankfurt (Prime Standard)
EQS News ID:	1677357

End of Announcement	EQS News Service

1677357  11-Jul-2023 CET/CEST