Adtraction Group AB (ADTR) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

development across Europe. We also think that attractions big clients, both loan providers and brokers actually will get the license that is required. They will get that license and we've already seen that happen. So for example, attractions client Brixo got a banking license just a few weeks ago and we expect other quality companies to go the same path. So we think that loan providers and brokers will adjust. There will be fewer players, but the volumes will probably not go down. That is our basic assessment. And I will also say that we remain committed to this vertical because we can provide great value to brands and partners. And we've done that for many years and we'll keep doing that. We're also convinced that the market will grow over time. And we're also thinking that change leads to innovation. So we're going to see some new setups some new services being deployed in the market and of course attraction is also looking at a new solution to to face the regulatory changes Ecom saw a very challenging 2024, and I think you can see that in this graph. We grew basically every year until the end of 2023. Then in 2024, we've seen a flat development. I think it looks a little bit better now. We see fewer accounts being closed or paused. we have seen some strong account wins that are not reflected in our results yet and we also see a slightly more optimistic outlook from brands that means that they're a little bit more willing to do things but this is still very far from a booming market of course we're still far from a booming macro environment which is also reflected in our numbers if we look at the combined picture here It looks like things have stabilized a little bit. We get the same picture if we look at sales and add rolling 12 months. It looks like things have s...