Adtraction Group AB (ADTR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and welcome to the presentation of Adtraction's first quarter results. Today's presenters are Andreas Hagstrom, CFO and myself, Simon Gustafsson, CEO. So if you have any questions, please post them online and Andreas and I will be happy to. So let's look at the short story of the first quarter. We are happy to report that growth continues in the first quarter. Sales grows by hello, and welcome to the presentation of Adtraction's first quarter results. Today's presenters are Andreas Hagstrom, CFO and myself, Simon Gustafsson, CEO. So if you have any questions, please post them online, and Andreas and I will be happy to answer your questions after today's presentation. So, let's look at the short story of the first quarter. We are happy to report that growth continues in the first quarter. Sales grows by close to 12%, so does gross profit. We have both organic and acquired growth and of course, Affiliate Future helps drive the acquired growth. Both finance and e commerce are growing, which is of course very satisfying. And we have said this many times before, when gross profit grows, we expect EBITDA to grow even more, thanks to our operating leverage. And this happens again in the first quarter. So EBITDA grows by close to 30%. Cash flow was also reasonably strong for first quarter. When it comes to cash flow, I think it's important to look at a longer period. And if you do that, it will be very clear that we have done a good job in terms of generating cash at ADTRACTION. We report something called other. And if you look at that, you may be tempted to think that Bundler is growing by 274%. Actually, bundler is growing by more, which I will come back to in a minute because there's some other things in that other reporting, which is small and not growing. The imp...