Slide 1: Interim report, Q1 2024
Interim report, Q1 2024 Crister Fritzson, CEO Annika Muskantor, Interim CFO 23 April, 2024
Slide 2: Agenda
Agenda 01 Q1 2024 Summary 02 Media Update 03 Time Synchronization Update 04 Financials 05 Questions
Slide 3: Q1 2024 Summary
Q1 2024 Summary q Continued revenue growth YoY q Strategic customer wins q New cloud solution Nimbra Connect iT launched “Strong start to 2024: q Deliveries of Zyntai to Secured several existing and new strategic new customers customers” 3
Slide 4: Q1 2024 Summary
NET INSIGHT Q1, 2024 WEBCAST Q1 2024 Summary Net sales in Q1 Strong operating earnings Net sales amounted to SEK Operating earnings: SEK 10.6 142.5 (126.6) million, an (12.0) million; adjusted for increase of 12.5% year-on- comparability and currency: year. SEK 15.8 million (13.3). Fourteenth consec
Slide 5: Media Update
(2G erinei JAY netinsight Media Update Low Kf Low KL
Slide 6: Q1 2024 Highlights - Media
NET INSIGHT Q1, 2024 WEBCAST Q1 2024 Highlights - Media Continued growth Customers lifecycle • Expanded engagement with existing • Customers' lifecycle typically starts customers, introducing new products with initial hardware installation • Demonstrate the success of our • Followed by software upgr
Slide 7: Time Synchronization Update
Time Synchronization Update
Slide 8: Q1 2024 Highlights - Sync
NET INSIGHT Q1, 2024 WEBCAST Q1 2024 Highlights - Sync Increase in deliveries Commercial launch of Zyntai • Deliveries to existing and new • Commercial launch of Zyntai (full customers on track commercial product) on MWC 2024 • Secured new customer, Three • Zyntai was well received; led to Denmark i
Slide 9: Financials
Financials Low Kf Low KL
Slide 10: Q1 In Brief
NET INSIGHT Q1, 2024 WEBCAST Q1 In Brief Net Sales SEK 142.5 (126.6) million • Growth of 12.5% (currency adjusted 12.0%) • Fourteenth consecutive quarter of growth • Broadened market reach ₋ Growth in media driven by existing and new customers ₋ Launch of Zyntai as a complete commercial offering Ope
Slide 11: Expenses
NET INSIGHT Q1, 2024 WEBCAST Q1 Expenses Operating Expenses of SEK 72.2 (61.8) million • Sales and Marketing SEK 41.3 (35.5) million Increased YoY by SEK ~6 million; strengthening of the sync- organization as well as investments in cloud and IP expertise • Administration SEK 17.4 (15.0) million Cons
Slide 12: Cash Flow
NET INSIGHT Q1, 2024 WEBCAST Q1 Cash Flow J a n-M a r Apr 2023- J a n-De c S EK m illio ns 2024 2023 M a r 2024 2023 C a s h flo w fro m o pe ra ting a c tivitie s be fo re c ha nge s in wo rking c a pita l 23.7 31.8 142.1 150.2 C a s h flo w fro m c ha nge s in wo rking c a pita l 1.8 -24.5 -16.6 -
Slide 13: Questions
Questions