Cint Group AB (publ) (CINT) Q4 2024 Earnings Call

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WEBVTT 00:00:01.010 -- 00:00:06.139 And good morning, and welcome to the Q4 2024 results presentation 00:00:06.139 -- 00:00:10.366 for Ascent AB. My name is Patrick Comer. I'm the CEO. 00:00:10.366 -- 00:00:14.853 I'm joined here by Niels Boone, our CFO, and we're delighted to walk through our results 00:00:14.853 -- 00:00:18.860 with you. I think the overall headline is that there's no significant change from what 00:00:18.860 -- 00:00:23.227 we previously presented at our strategy presentation on January the 27th. 00:00:23.227 -- 00:00:27.772 So we'll be going through these details with you today. 00:00:27.824 -- 00:00:32.374 As a reminder, as to our business model, we are the world's largest survey exchange. 00:00:32.374 -- 00:00:36.963 Our primary business is the matching of survey respondents or users to the thousands 00:00:36.963 -- 00:00:40.551 of surveys that are run by our customers globally every single day. 00:00:40.551 -- 00:00:45.201 Alongside that, we also have a growing media measurement business, which has been capturing 00:00:45.201 -- 00:00:50.327 a lot of growth and attention with our company over the last several years. 00:00:51.027 -- 00:00:56.074 In terms of Q4, the overall story is flat, with further improvements to 00:00:56.074 -- 00:01:01.121 our EBITDA margin. We do have a slight decline 00:01:01.121 -- 00:01:06.849 in sales in our media measurement business, offset by lower sales in our CENT exchange. 00:01:06.849 -- 00:01:12.116 We've seen basically a pull forward of revenue from Q4 into Q3, 00:01:12.116 -- 00:01:16.205 based on the overall political polling environment in the US. 00:01:16.205 -- 00:01:21.250 Also, we have an ongoing platform unification and migration process that will be completed 00:01:21.250 -- 00:01:24.392 in 2025. In ...