Carasent AB (CARA) Q3 2025 Earnings Call

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WEBVTT 00:00:00.470 -- 00:00:03.211 Good morning 00:00:04.235 -- 00:00:06.235 and 00:00:06.939 -- 00:00:08.802 welcome 00:00:08.802 -- 00:00:11.883 to our presentation 00:00:13.368 -- 00:00:15.171 of 00:00:15.171 -- 00:00:17.331 the third 00:00:19.036 -- 00:00:21.036 quarter 00:00:29.562 -- 00:00:33.567 We will start with me giving a general update, 00:00:33.567 -- 00:00:37.890 and then Sven-Martin will continue with the financial update. 00:00:38.233 -- 00:00:41.958 First, just a quick overview of the business. 00:00:41.958 -- 00:00:46.403 As you all know, we are a fast-growing SaaS company focused on healthcare and especially 00:00:46.403 -- 00:00:48.306 HR systems. 00:00:48.306 -- 00:00:54.053 We have 16% organic ARR growth in a quarter, more than 90% 00:00:54.053 -- 00:00:59.558 recurring revenue, and a net revenue retention of 111%. 00:01:02.823 -- 00:01:07.767 looking a bit on the highlights of the third quarter we have really good improvements 00:01:07.767 -- 00:01:12.852 i think and roughly according to plan and i'm especially happy about 00:01:12.852 -- 00:01:15.314 the a bit the ac 00:01:15.314 -- 00:01:19.017 improvement from minus 2.2 million 00:01:19.017 -- 00:01:24.342 q3 last year to 12.2 million this year and this is based 00:01:24.342 -- 00:01:29.366 on continued growth and and good cost control and we just continue to to run the business 00:01:29.366 -- 00:01:31.288 that way 00:01:31.288 -- 00:01:34.614 um Looking at WebDoc 00:01:35.298 -- 00:01:40.344 in the quarter, when we were working on their price models and also implementing 00:01:40.344 -- 00:01:45.050 a new CRM system, we were not totally happy with the old one. 00:01:45.050 -- 00:01:50.137 We identified a few customers that we invoiced the wrong way 00:01:50.137 -- 00:01:55.183 and that we...