CDON Ab (CDON) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.699 Good afternoon and welcome to CDON's Q4 presentation and update on growth initiatives. 00:00:04.699 -- 00:00:07.865 We have with us CEO Fredrik Nordberg and CFO Carl Andersson. 00:00:07.865 -- 00:00:08.847 Welcome, gentlemen. 00:00:08.847 -- 00:00:09.829 Thank you. 00:00:09.829 -- 00:00:13.415 And you will present the fourth quarter and provide an update on the growth initiatives 00:00:13.415 -- 00:00:15.940 as well as answer questions during the Q&A session. 00:00:15.940 -- 00:00:19.426 Questions can be submitted live and will be addressed during the session. 00:00:19.426 -- 00:00:21.985 With that said, I hand over the word to you. 00:00:21.985 -- 00:00:22.548 Thank you. 00:00:22.548 -- 00:00:27.833 I'm here today, as usual, with our CFO, Carl, and he will 00:00:27.833 -- 00:00:31.688 join us later on in the call. 00:00:31.688 -- 00:00:37.974 But first off, CDON group operates two different marketplaces. 00:00:38.017 -- 00:00:43.045 Fyndik focus on discount shopping and with the 00:00:43.045 -- 00:00:48.392 topping of TikTok trending products. CDON is focused 00:00:48.392 -- 00:00:52.579 on quality products and mainly on consumer electronics. 00:00:52.579 -- 00:00:57.626 We have roughly 100 million annual visits and we offer 00:00:57.626 -- 00:01:01.574 about 30 million products for sale. 00:01:01.574 -- 00:01:06.822 We operate an asset-light and scalable business model and we have 00:01:06.822 -- 00:01:10.968 a big potential when it comes to the marketplace penetration. 00:01:10.968 -- 00:01:15.755 Where this is a very common way of shopping online for the rest of the world, it's only 00:01:15.755 -- 00:01:20.802 10% that does that in the Nordics. And with this 00:01:20.802 -- 00:01:24.107 we have our mission which is to unleash ...