40965874 2025-04-01 2026-03-31 2 40965874 2025-04-01 2026-03-31 3 40965874 2025-04-01 2026-03-31 40965874 2025-04-01 2026-03-31 1 40965874 2024-04-01 2025-03-31 40965874 2026-03-31 40965874 2025-03-31 40965874 2025-04-01 d:CompletedDevelopmentProjectsMember 40965874 2025-04-01 2026-03-31 d:CompletedDevelopmentProjectsMember 40965874 2026-03-31 d:CompletedDevelopmentProjectsMember 40965874 2025-04-01 d:DevelopmentProjectsInProgressMember 40965874 2025-04-01 2026-03-31 d:DevelopmentProjectsInProgressMember 40965874 2026-03-31 d:DevelopmentProjectsInProgressMember 40965874 2025-04-01 d:DepositsLongtermInvestmentsAndReceivablesMember 40965874 2026-03-31 d:DepositsLongtermInvestmentsAndReceivablesMember 40965874 2026-03-31 d:LongtermMortgageLoansMember 40965874 2025-04-01 d:ContributedCapitalMember 40965874 2024-04-01 d:ContributedCapitalMember 40965874 2025-04-01 2026-03-31 d:ContributedCapitalMember 40965874 2024-04-01 2025-03-31 d:ContributedCapitalMember 40965874 2026-03-31 d:ContributedCapitalMember 40965874 2025-03-31 d:ContributedCapitalMember 40965874 2025-04-01 d:SharePremiumMember 40965874 2024-04-01 d:SharePremiumMember 40965874 2025-04-01 2026-03-31 d:SharePremiumMember 40965874 2024-04-01 2025-03-31 d:SharePremiumMember 40965874 2026-03-31 d:SharePremiumMember 40965874 2025-03-31 d:SharePremiumMember 40965874 2025-04-01 d:ReserveForDevelopmentExpenditureMember 40965874 2024-04-01 d:ReserveForDevelopmentExpenditureMember 40965874 2025-04-01 2026-03-31 d:ReserveForDevelopmentExpenditureMember 40965874 2024-04-01 2025-03-31 d:ReserveForDevelopmentExpenditureMember 40965874 2026-03-31 d:ReserveForDevelopmentExpenditureMember 40965874 2025-03-31 d:ReserveForDevelopmentExpenditureMember 40965874 2025-04-01 d:RetainedEarningsMember 40965874 2024-04-01 d:RetainedEarningsMember 40965874 2025-04-01 2026-03-31 d:RetainedEarningsMember 40965874 2024-04-01 2025-03-31 d:RetainedEarningsMember 40965874 2026-03-31 d:RetainedEarningsMember 40965874 2025-03-31 d:RetainedEarningsMember 40965874 2025-04-01 2026-03-31 1 40965874 2025-04-01 2026-03-31 1 40965874 2025-04-01 2026-03-31 2 40965874 2025-04-01 2026-03-31 3 iso4217:DKK xbrli:pure Årsrapport 34209936 Grant Thornton, Godkendt Revisionspartnerselskab Lautrupsgade, 11 2100, København Ø 2024-04-01 2025-03-31 2025-04-01 2026-03-31 40965874 dreamplan.io ApS Amaliegade 45,st. 1256 København K Grant Thornton, Godkendt Revisionspartnerselskab 34209936 Morten Høgh-Petersen statsautoriseret revisor mne34283 Lautrupsgade 11 2100 København Ø Danmark +45 33 110 220 info@dk.gt.com 2026-08-26 Stine Kalmer Jørgensen Regnskabsklasse B Revisionspåtegning Ja CaseWare fra Revisorgruppen Danmark anpartshaverne København 2026-08-26 København K 2026-08-26 Grundlag for konklusion Konklusion 3097890 7892288 10739619 6684586 1221167 940914 -8862896 266788 0 35493 103246 256487 -8966142 45794 -22277 22277 -8943865 23517 -13727940 -3724626 4784075 3748143 14495502 10111604 3066715 2538351 17562217 12649955 205587 205587 205587 205587 17767804 12855542 196870 439938 98150 0 295020 439938 2593229 17218877 2888249 17658815 20656053 30514357 0 78906 78906 28938996 28938996 13698529 10866965 -23884215 -12108786 18832216 27776081 0 22277 0 22277 406564 1082486 406564 1082486 776000 776000 192745 344908 448528 512605 1417273 1633513 1823837 2715999 20656053 30514357 10344492 6628053 267566 0 127561 56533 10739619 6684586 16 11 11422316 5605065 17027381 1310712 1221167 2531879 14495502 2538351 6133429 -5605065 3066715 3066715 205587 205587 205587 776000 0 78906 62093 0 16813 78906 78906 28938996 8797327 0 20141669 28938996 28938996 10866965 7118822 4784075 3748143 -1952511 0 13698529 10866965 -12108786 -8384160 -13727940 -3724626 1952511 0 -23884215 -12108786 Today, the Board of Directors and the Managing Director have approved the annual report of dreamplan.io ApS for the financial year 1 April 2025 - 31 March 2026. The annual report has been prepared in accordance with the Danish Financial Statements Act. We consider the chosen accounting policy to be appropriate, and in our opinion, the financial statements give a true and fair view of the financial position of the Company at 31 March 2026 and of the results of the Company's operations for the financial year 1 April 2025 – 31 March 2026. Further, in our opinion, the Management's review gives a true and fair review of the matters discussed in the Management's review. We recommend that the annual report be approved at the Annual General Meeting. Stine Kalmer Jørgensen Michael Kim Peen Simon Bentholm Hansen Jim Allan Isager Larsen We have audited the financial statements of dreamplan.io ApS for the financial year 1 April 2025 - 31 March 2026, which comprise a summary of significant accounting policies, income statement, balance sheet, statement of changes in equity and notes, for the Company. The financial statements are prepared under the Danish Financial Statements Act. In our opinion, the financial statements give a true and fair view of the financial position of the Company at 31 March 2026, and of the results of the Company's operations for the financial year 1 April 2025 - 31 March 2026 in accordance with the Danish Financial Statements Act. Basis for OpinionWe conducted our audit in accordance with International Standards on Auditing (ISAs) and the additional requirements applicable in Den­mark. Our responsibilities under those standards and requirements are further described in the “Auditor’s Responsibilities for the Audit of the Financial Statements” section of our report. We are independent of the Company in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants (IESBA Code) and the additional ethical requirements applicable in Den­mark, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Management is responsible for the preparation of financial statements that give a true and fair view in accordance with the Danish Financial Statements Act, and for such internal control as Management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, Management is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting in preparing the financial statements unless Management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs and the additional requirements applicable in Den­mark will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. As part of an audit conducted in accordance with ISAs and the additional requirements applicable in Den­mark, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by Management. Conclude on the appropriateness of Management’s use of the going concern basis of accounting in preparing the financial statements and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the Company to cease to continue as a going concern. Evaluate the overall presentation, structure and contents of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that gives a true and fair view. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. Statement on Management’s ReviewManagement is responsible for Management’s Review. Our opinion on the financial statements does not cover Management’s Review, and we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read Management’s Review and, in doing so, consider whether Management’s Review is materially inconsistent with the financial statements or our knowledge obtained during the audit, or otherwise appears to be materially misstated. Moreover, it is our responsibility to consider whether Management’s Review provides the information required under the Danish Financial Statements Act. Based on the work we have performed, we conclude that Management’s Review is in accordance with the financial statements and has been prepared in accordance with the requirements of the Danish Financial Statement Act. We did not identify any material misstatement of Management’s Review. Description of key activities of the companyDreamplan.io is a DFSA-licensed, self-service holistic financial advisory tool designed to help individuals optimize their finances across mortgages, savings, investments, insurance and pensions. It also provides financial perspectives on achieving goals and dreams over time. Dreamplan's approach to financial advice is two-fold: (1) human-centered, empowering customers to feel in control of their financial lives, and (2) driven by data science, financial legislation, and academic research. Dreamplan.io is a web solution which:Collect data easily through self-entry or MitID: including pension savings, mortgages, investments, private savings, insurance and financial goals and dreams.Analyzes data using proprietary and third-party algorithms for savings optimization and tax harvestingUses data to offer a continuous financial overview and match customers with optimal financial productsPushes data to recommend the best products at the right time, currently focused on mortgages, investments, savings, and pensions, with more services to come    Dreamplan is a scalable, self-service platform supported by human financial advisors. Unlike traditional independent financial advisors who use labor-intensive methods with limited digital tools, Dreamplan offers cost-effective, independent advice. Our long-term strategy is aligned with EU Open Finance legislation, enabling users to manage financial products directly within the platform. To be able to provide this digital solution, Dreamplan has created a platform called Wizflow. Wizflow is a no-code platform designed specifically for financial institutions. Wizflow allows business users to build and deploy intuitive, personalized user experiences, such as data collection flows, without deep IT involvement. The platform leverages Dreamplan’s deep understanding of financial services and customer needs, and is supported by AI-powered "Wizflow Assistants" that help configure both front-end experiences and backend business logic. Wizflow was conceived and built internally by Dreamplan to extend its mission of democratizing financial advice at scale.   Significant changes in the company's activities and financial mattersThe gross profit for the year totals DKK 3.098 thousand against DKK 7.892 thousand last year. Profit or loss from ordinary activities after tax totals DKK -8.944 thousand against DKK 24 thousand last year. While the company continues to operate at a lower result in line with its growth strategy, detailed forecasting and budget controls project positive cash flow into Q2 2027, even under conservative growth assumptions. The forecasts and liquidity are further supported by a successful funding round concluded in June 2026. Products development Dreamplan currently offers the following products:  Dreamplan Optimisation: A customer-facing digital tool that helps users optimize their finances across property, investments, cash, and pension based on academic research and DFSA subcommittee recommendations  Individual Dreamplan: A complementary tool allowing customers to tailor financial plans according to their savings patterns and risk preferences and execute the plan in app in cooperation with banks and pension providers. 15-Minute Free Advisory Overview: Based on a customer's Dreamplan and/or Individual Dreamplan, they can book a 15-minute session with a financial advisor to review goals and opportunities  Follow-Up Paid Advisory Service: A thorough walkthrough of the customer’s financial situation and potential aligned with personal goals and dreams  Wizflow: A no-code platform for financial institutions to design digital advisory experiences with minimal technical input. Supports internal teams with AI-assisted tools and reflects Dreamplan’s B2B strategy.    OutlookThis coming year Dreamplan will:   Enable more customers to execute their financial plans by integrating even more financial products directly on the platform through partnerships with financial institutions while maintaining the independence and objectivity of the advice.Further personalize push-messaging using our AI engine, enabling proactive financial management Expand the product portfolio to include optimization of both short-term and long-term financesIncrease brand awareness and scale growth initiatives  Customer experience, data security, and compliance remain critical focus areas, supported by continued investment in relevant frameworks and policies Events occurring after the end of the financial year  Events occurring after the end of the financial yearNo events have occurred after the balance sheet date of material importance to the annual report for 2025/26.  The annual report for dreamplan.io ApS has been presented in accordance with the Danish Financial Statements Act regulations concerning reporting class B enterprises. Furthermore, the company has decided to comply with certain rules applying to reporting class C enterprises. The accounting policies are unchanged from last year, and the annual report is presented in DKK. Gross profitGross profit comprises the revenue, own work capitalised, and external costs. The enterprise will be applying IAS 18 as its basis of interpretation for the recognition of revenue. Revenue comprises the value of services provided during the year, including outlay for customers less VAT and price concessions directly associated with the sale. Revenue is recognised in the income statement on the completion of sales. This is generally considered to be the case when:The service has been provided before the end of the financial yearA binding sales agreement existsThe sales price has been determinedPayment has been received, or is anticipated with a reasonable degree of certainty. This ensures that recognition does not take place until the total income and costs and stage of completion at the reporting date can be reliably validated and it seems probable that the economic benefits, including payments, will flow to the enterprise. Own work capitalisedOwn work capitalised includes staff cost and other internal costs incurred during the financial year and recognised in the cost of proprietary intangible and tangible fixed assets.  Other external costs comprise distribution costs and costs related to sales, sales campaigns, administration, office premises, operating leases, etc. Staff costsStaff costs include salaries and wages, including holiday allowances, pensions, and other social security costs, etc., for staff members. Depreciation, amortisation, and write-down for impairmentDepreciation, amortisation, and write-down for impairment comprise depreciation on, amortisation of, and write-down for impairment of intangible and tangible assets, respectively. Financial income and expensesFinancial income and expenses are recognised in the income statement with the amounts concerning the financial year. Financial income and expenses comprise interest income and expenses, financial expenses from realised and unrealised capital gains and losses relating to transactions in foreign currency Tax on net profit or loss for the yearTax for the year comprises the current income tax for the year and changes in deferred tax and is recognised in the income statement with the share attributable to the net profit or loss for the year and directly in equity with the share attributable to entries directly in equity.  Intangible assetsDevelopment projects, patents, and licencesDevelopment costs comprise costs, wages, salaries and amortisation directly and indirectly attributable to development activities. Development projects that are clearly defined and identifiable, where the technical feasibility, sufficient resources and a potential future market or development opportunities are evidenced, and where the Company intends to produce, market or use the project, are recognised as intangible assets provided that the cost can be measured reliably and that there is sufficient assurance that future earnings can cover production costs, selling costs and administrative expenses as well development costs. Other development costs are recognised in the income statement as incurred. Development costs recognised in the balance sheet are measured at cost less accumulated amortisation and impairment losses.  Upon completion of development work, development costs are amortised on a straight-line basis over the estimated useful lives. The amortisation period is usually 10 years. DepositsDeposits are measured at amortised cost and represent lease deposits, etc. Impairment loss relating to non-current assetsThe carrying amount of both intangible and tangible fixed assets are subject to annual impairment tests in order to disclose any indications of impairment beyond those expressed by amortisation and depreciation respectively. If indications of impairment are disclosed, impairment tests are carried out for each individual asset or group of assets, respectively. write-down for impairment is done to the recoverable amount if this value is lower than the carrying amount. The recoverable amount is the higher value of value in use and selling price less expected selling cost. The value in use is calculated as the present value of the expected net cash flows from the use of the asset or the asset group and expected net cash flows from the sale of the asset or the asset group after the end of their useful life. Previously recognised impairment losses are reversed when conditions for impairment no longer exist. Impairment relating to goodwill is not reversed. ReceivablesReceivables are measured at amortised cost, which usually corresponds to nominal value. In order to meet expected losses, impairment takes place at the net realisable value. The company has chosen to use IAS 39 as a basis for interpretation when recognising impairment of financial assets, which means that impairments must be made to offset losses where an objective indication is deemed to have occurred that an account receivable or a portfolio of accounts receivable is impaired. If an objective indication shows that an individual account receivable has been impaired, an impairment takes place at individual level. Accounts receivable for which there is no objective indication of impairment at the individual level are evaluated at portfolio level for objective indication of impairment. The portfolios are primarily based on the debtors' domicile and credit rating in accordance with the company's and the group's credit risk management policy. Determination of the objective indicators applied for portfolios are based on experience with historical losses. Impairment losses are calculated as the difference between the carrying amount of accounts receivable and the present value of the expected cash flows, including the realisable value of any securities received. The effective interest rate for the individual account receivable or portfolio is used as the discount rate. Cash and cash equivalentsCash and cash equivalents comprise cash at bank and on hand. EquityShare premiumShare premium comprises premium payments made in connection with the issue of shares. Costs incurred for carrying through an issue are deducted from the premium. The premium reserve can be used for dividend, for issuing bonus shares, and for covering losses. Reserve for development costsThe reserve for development costs comprises recognised development costs less related deferred tax liabilities. The reserve cannot be used as dividends or for covering losses. The reserve is reduced or dissolved if the recognised development costs are amortised or abandoned. This is done by direct transfer to the distributable reserves of the equity. Income tax and deferred taxCurrent tax liabilities and current tax receivable are recognised in the statement of financial position as calculated tax on the taxable income for the year, adjusted for tax of previous years' taxable income and for tax paid on account. Deferred tax is measured on the basis of temporary differences in assets and liabilities with a focus on the statement of financial position. Deferred tax is measured at net realisable value. Deferred tax is measured based on the tax rules and tax rates applying under the legislation prevailing in the respective countries on the reporting date when the deferred tax is expected to be released as current tax. Changes in deferred tax due to changed tax rates are recognised in the income statement, except for items included directly in the equity. Deferred tax assets, including the tax value of tax losses allowed for carryforward, are recognised at the value at which they are expected to be realisable, either by settlement against tax of future earnings or by set-off in deferred tax liabilities within the same legal tax unit. Any deferred net tax assets are measured at net realisable value. Liabilities other than provisionsMortgage loans and bank loans are thus measured at amortised cost which, for cash loans, corresponds to the outstanding payables. For bond loans, the amortised cost corresponds to an outstanding payable calculated as the underlying cash value at the date of borrowing, adjusted by amortisation of the market value on the date of the borrowing effectuated over the repayment period. Other liabilities concerning payables to suppliers, group enterprises, and other payables are measured at amortised cost which usually corresponds to the nominal value. Disclosure of assumptions related to development projects The capitalised development projects comprise the continued development of Dreamplan’s digital financial planning platform, including related calculation tools and digital functionality aimed at providing users with a comprehensive overview of their personal finances and supporting better financial decisions. The platform combines information on areas such as savings, pensions, investments, insurance and housing finance to help users plan and optimise their long-term financial position.  The capitalised development projects are progressing according to management’s plans and support the company’s continued commercial development within digital financial planning and advisory solutions. Management expects that the developed platform will strengthen the company’s market position and support future sales, customer adoption and scaling activities. In capitalising the development projects, management has made a number of assumptions relating to the successful completion of the remaining technical development, testing and validation of the platform, including the continued accuracy and reliability of the financial calculations and integrations, and the subsequent commercialisation and scaling of the solution. Changes in these assumptions, including delays in development or market implementation, lower-than-expected customer adoption, operational or integration challenges, or adverse technological, regulatory or competitive developments, could lead to material changes in the carrying amount of the capitalised development projects. 6.Contractual obligations and contingencies, etc.Lease liabilities:dreamplan.io ApS has entered into a rent obligation with a 3 months notice. The total rent obligation is DKK 200 thousand.