BIMobject AB (BIM) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to the Q3 report. We will soon start with the presentation, and if you have any questions during the presentation, please send them in to ir at vimobject.com, and we will get to them at the end. So, for those of you who meet us here on a regular basis, you will notice that our brilliant host, Lisa Nolander, is done with the flute today, so we will cover for her. As always, you will hear from me, Sofia Hylén, who is the interim CEO at VimObject, our CFO, Per Göransson, and today we also have Pia Engholm with us, who is the chair of the board. The agenda today consists of business updates, both recent events and a strategy refresh, and then we will also, of course, get to financials. Lastly, we will wrap up with a Q&A. So let's get to it. In the quarter, we experienced a flattish turnover growth impacted by a minus 5% effect from currency fluctuations. We see that ARR growth improved from earlier number this year, and we delivered an ARR growth of 7%. And here we also see that September was standing out as a particularly strong month. And as you know, the vast majority of our revenue comes from BIMobject.com. And our other products are gradually increasing their contribution to the overall revenue, but still the vast majority is BIMupdate.com. When we're looking in Q3 specifically, we can see that the growth is mainly driven by customer acquisition in our BIM.com Connect offering. We will talk about this a bit later, but that means that the new customers we're referring to are new building material distributors. And the other part is the improved retention for BIMobject.com. Our EBTA stands at minus 6.9 million sec. And this can be compared with the plus 1 million sec we had in Q3 last year. As mentioned in previous quarters, and we will al...