BTS Group AB (publ) (BTS_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to BTS Group Q1 Report 2025. During the question and answer session, participants are able to ask questions by dialing pound T5 on the cell phone keypad. Now we'll hand the conference over to CEO Jessica Skåne. Please go ahead. Thank you very much. Hello, everybody. I hope everyone's having a nice morning so far. First quarter 2025. For us, we can summarize the first quarter by basically stability. A stable first quarter despite the macroeconomic volatility. Major revenue contributions across the firm were coming from. The rebound continues in BTS Europe, actually reaching double digit 10% growth in the first quarter. The sounding board coaching platform acquisition we announced at the last earnings call is off to a really strong start. Our AI solutions, about three quarters ago, we brought in a tech startup called Wonderway and their conversational AI practice bots before, during, and after those pivotal moments and difficult conversations is global. It's in over 40 of our clients, 40 or 50 clients now globally. They've hit two million in bookings and it's off to a very strong positive start. And then we made the acquisition SEAC in Thailand in Southeast Asia. And not only did that contribute positively to our revenue growth in the first quarter, but they also have a very strong sales pipeline. I think the first quarter was also marked appropriately so by us redirecting some of our sales efforts to focus on the companies and the industries that we believe would continue to invest despite the volatility and overall conservatism fears. So that's what Q1 is marked by. If we look to BTS Europe, the rebound continued that we started to experience in the fourth quarter. And this is due to large contract wins. In fact, on that note, for the win rate of going after ...