Asetek A/S (0QDT) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and thank you for standing by. My name is Mark, and I will be your conference operator today. At this time, I would like to welcome everyone to the ACE Attack Q3 2025 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. You can ask a question using the Ask a Question box on the webcast page. Thank you. Now, I would like to turn the call over to Peter Madsen, CFO of ACE Attack. Please go ahead. Thanks, Mark, and thank you and welcome everybody to this Q3 2024 Asia Tech Earnings Call. My name is Peter Madsen. I'm the CFO. I have here next to me our CEO and founder, Andre Ericsson. Hello. Hello. Good afternoon. Good afternoon. So our board met last night and discussed and transacted the earnings release, which we then sent out last night. We will go through a series of slides here. When I slide through here, we can see that on slide two, there's a disclaimer for forward looking statements, etc. We urge you to read those at your leisure. With that, I'll hand over the microphone to Andre. Yeah. So let's dive into the quarter that we just passed, some gives and takes. Year-to-date revenue of just shy of $31 million and adjusted EBITDA of minus 0.7 versus 37.1 and 0.3 the same quarter last year. As most of you have realized by now, we signed a major agreement with a global customer for high-end liquid cooling with a minimum committed revenue of $35 million over the first two-year term of the contract. We saw a sim sports revenue of $1.3 million stable versus Q2 and in line with expectations as the tariff situation continued to impact us and impair us, of course. We adjusted our group revenue for the year to roughly $41 million with an adjusted EBITDA margin of a ne...