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Regulatory press release

KAHOT: Kahoot! Group Reports Third Quarter 2022 Financial Results

Kahoot!
OSLO, 3 November 2022 - Kahoot! ASA, (KAHOT) today announced financial results
for its fiscal quarter ended 30 September 2022

o Invoiced revenue $53.9m, up 94% YoY, Annual Recurring Revenues $149m, up 20%
YoY
o Adjusted EBITDA of $8.0m, up 35% YoY, adjusted cash flow from operations of
$16.1m, up 117% YoY
o Net 40K increase in paid subscriptions, totaling 1,250K paid subscriptions, up
23% YoY
o Professional subscriptions growth
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