Business
QUARTERLY REPORT: JANUARY TO MARCH 2025
QUARTERLY REPORT: JANUARY TO MARCH
About this update from Teneo Ai Ab Class B
[{"type":"text","content":"More Than Doubled Pipeline since Q4 2024 Report \n\nJANUARY TO MARCH 2025SaaS API Call revenues amounted to 14.6 (5.1) MSEK, +185%\n\tSaaS API Call volumes amounted to 60.6 million (23.8), +154 %\n\tSaaS ARR amounted to 74.7 MSEK (37.2), +101% \n\tTotal ARR amounted to 101.1 MSEK (66.9), +51%\n\tRecurring revenues amounted to 25.3 MSEK (17.0), +49%\n\tNet Revenue Retention Rate (NRR) +142% (141)\n\tNet sales amounted to 25.3 MSEK (17.1), +47%\n\tGross margin amounted to 86% (79)\n\tEBITDA adjusted amounted to -1.4 MSEK (-8.4), +83%\n\tEarnings per share amounted to -0.1 SEK (-0.0)\n\nEVENTS DURING THE QUARTERPipeline more than doubled since Q4 2024 report \n\tTeneo.ai successfully raises 60 MSEK through an oversubscribed directed share issue\n\tRaizor and Teneo.AI join forces to deliver Generative AI and Conversational AI for Enterprise Contact Centers\n\tRenewal of SaaS agreement with Medtronic, one of the largest medical device companies in the world\n\tRenewal of SaaS agreement with Global American Tech companyEVENTS AFTER THE QUARTERCloudHesive and Teneo.ai Partner to Supercharge Amazon Connect and ConnectPath CX with AI-Driven Automation\n\tRenewal of license agreement with Swisscom, the leading Swiss telecom operator\n\tTwo years renewal of license agreement with AT&T, an American multinational telecommunications company\n\tSuccessful completion of SOC 2 Type II audit, underscoring the highest standards of data security for our clientsKEY FIGURES (For definitions please see page 18) JAN-MAR 2025JAN-MAR 2024JAN-DEC 2024\n\t\t\tNet sales (MSEK)\n\t\t\t25.3\n\t\t\t17.1\n\t\t\t84.1\n\t\t\tRecurring revenues (MSEK)\n\t\t\t25.3\n\t\t\t17.0\n\t\t\t83.5\n\t\t\tARR (MSEK)\n\t\t\t101.1\n\t\t\t66.9\n\t\t\t103.9\n\t\t\tSaaS ARR (MSEK)\n\t\t\t74.7\n\t\t\t37.2\n\t\t\t75.1\n\t\t\tSaaS ARR constant currency (MSEK)\n\t\t\t74.7\n\t\t\t37.8\n\t\t\t74.6\n\t\t\tSaaS API Call Revenues (MSEK)\n\t\t\t14.6\n\t\t\t5.1\n\t\t\t36.3\n\t\t\tSaaS API Call Volumes (average Million)\n\t\t\t60.6\n\t\t\t23.8\n\t\t\t60.3\n\t\t\tNRR %\n\t\t\t142%\n\t\t\t141%\n\t\t\t135%\n\t\t\tGross margin %\n\t\t\t86%\n\t\t\t79%\n\t\t\t79%\n\t\t\tGross margin % (excl. commission)\n\t\t\t86%\n\t\t\t79%\n\t\t\t83%\n\t\t\tEBITDA adjusted (MSEK) \n\t\t\t-1.4\n\t\t\t-8.5\n\t\t\t-22.3\n\t\t\tEarnings per share (SEK) \n\t\t\t-0.1\n\t\t\t-0.0\n\t\t\t-0.2\n\t\t\tCash flow from op...