Castellum AB (publ) (CAST) Q4 2025 Earnings Call

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WEBVTT 00:00:01.195 -- 00:00:06.723 Good morning, everyone, and welcome to this presentation of Catalum's Q4 00:00:06.723 -- 00:00:08.145 report. 00:00:08.145 -- 00:00:13.792 From our side, it's myself, Christoffer Svendek, Acting CFO, and Paul Alsian, 00:00:13.792 -- 00:00:15.792 CEO. 00:00:15.815 -- 00:00:21.082 There will be a Q&A session in the end of the webcast, and if you'd like to ask a question 00:00:21.082 -- 00:00:26.289 by phone, please dial pound key five on your telephone 00:00:26.289 -- 00:00:29.748 keypad and ask your question. 00:00:29.748 -- 00:00:33.332 So let's start. Please go ahead, Paul. 00:00:33.332 -- 00:00:38.497 Thank you, Kristoffer, and thank you to all that are phoning in. 00:00:38.497 -- 00:00:44.003 I would like to start with saying that I've been here for almost six months, and 00:00:44.003 -- 00:00:47.527 I've got a very warm welcome from all of our staff. 00:00:47.527 -- 00:00:53.053 I'm very thankful for that. But also from shareholders that have reached out 00:00:53.053 -- 00:00:55.195 with questions. 00:00:55.195 -- 00:00:58.638 challenging questions, but also very good advice. 00:00:58.638 -- 00:01:03.944 And I hope that will continue going forward because that's something that 00:01:03.944 -- 00:01:08.648 actually makes Castellum better being challenged by our shareholders. 00:01:08.648 -- 00:01:11.531 I really appreciate that. 00:01:11.531 -- 00:01:17.037 And the focus for us the past six months has been 00:01:17.037 -- 00:01:21.782 back to basics, the sort of the new strategy of Castellum. 00:01:21.782 -- 00:01:27.767 And the focus is crystal clear, our target is to deliver 00:01:27.767 -- 00:01:33.215 a 10% return on equity over the business cycle. 00:01:33.215 -- 00:01:38.403 So that's really been what we've been working on...