Slide 1: Interim report, Q2 2024
Interim report, Q2 2024 Crister Fritzson, CEO Annika Muskantor, Interim CFO 18 July, 2024
Slide 2: Agenda
Agenda 01 Q2 2024 Summary 02 Media Update 03 Time Synchronization Update 04 Financials 05 Questions
Slide 3: Q2 2024 Summary
NET INSIGHT Q2, 2024 WEBCAST Q2 2024 Summary Q2 financials Breakthrough for Zyntai Net sales: Increasing POC-to-contract 176.1 (126.3) MSEK, up 39.5% conversions; close to double digit 15th consecutive quarter of growth number of commercial customers Operating earnings: 38.3 (9.9) MSEK Order pipelin
Slide 4: Media Update
(2G erinei JAY netinsight Media Update Low Kf Low KL
Slide 5: Q2 2024 Media Highlights
NET INSIGHT Q2, 2024 WEBCAST Q2 2024 Media Highlights Partner of choice Business model for the future • Value proposition, innovation and • Customer lifecycle expertise, longevity and quality 1. Initial hardware installation • Recognized as the obvious partner 2. Need for SW upgrades (increase “wher
Slide 6: Time Synchronization Update
Time Synchronization Update
Slide 7: Q2 2024 Synchronization Highlights
NET INSIGHT Q2, 2024 WEBCAST Q2 2024 Synchronization Highlights POC-to-contract conversions Support and adaptability in a crisis • Critical function requiring several • Last year's earthquake has forced Türk stages of testing take time Telekom to focus on restoring networks before proceeding with ex
Slide 8: Financials
Financials Low Kf Low KL
Slide 9: Net Sales and Operating Earnings, Apr-Jun and Jan-Jun
NET INSIGHT Q2, 2024 WEBCAST Apr - Jun Jan - Jun Net Sales 176.1 (126.3) MSEK Net Sales 318.6 (252.9) MSEK Net sales 625 180 559 650 575 • Growth of 39.5% year-on-year • Growth of 26.0% year-on-year 160 140 508 522 600 429 458 475 492 550 (39.6% in comparable currencies) (25.5% in comparable currenc
Slide 10: Operating Expenses, Apr-Jun and Jan-Jun
NET INSIGHT Q2, 2024 WEBCAST Apr - Jun Jan - Jun Operating expenses Operating Expenses 78.4 (67.6) MSEK Operating Expenses 150.6 (129.4) 80 49% 49% 54% 45% 45% 51% 44% 80% 52% • Sales and Marketing 47.8 (38.5) MSEK MSEK 70 44% 60 60% Increased YoY by ~9 MSEK; • Sales and Marketing 89.2 (74.0) MSEK 5
Slide 11: Net Cash Flow, Apr-Jun and Jan-Jun
NET INSIGHT Q2, 2024 WEBCAST Apr - Jun Jan - Jun Net Cash Flow -16.1 (-12.4) MSEK Net Cash Flow -31.2 (-42.2) MSEK Excluding share related transactions -11.0 (-8.0) MSEK Excluding share related transactions -17.9 (-29.4) MSEK • Operating activities 16.3 (20.1) MSEK • Operating activities 41.8 (27.3)
Slide 12: Exiting Q2 on a strong note
NET INSIGHT Q2, 2024 WEBCAST Exiting Q2 on a strong note We are doing well financially, and improving YoY • 15th consecutive quarter of growth, this last quarter up by 39.5%, • The net operating margin reached 21.8% in Q2 • Even excluding the 30 MSEK software order, growth was 15.5% with improved th
Slide 13: Questions
Questions