Crunchfish AB (publ) (CFISH) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi, everyone, and welcome to Market Focus at Västra Hamnen Corporate Finance. Today's webcast will be all about CrunchFish and its keyboard report and latest events. I'm standing here with the CEO Joakim Samson. Very much welcome, Joakim. Thank you, Martin. Nice to have you here. Thank you. Between all the travels. Yes, it's in the middle of travels. I mean, between London and Mumbai right now. Great to have you here in London for once. I just want to remind everyone who's watching to send in your questions and we will address them as we go along. So let me just start with the financials for Q1. Another quiet quarter sales-wise. Any comments? Well, we are a product company. So what we are supposed to do is to get revenue from our products. Essentially, what our revenues is from what we do is what's called a non-recurrent engineering. It is that you charge fees for... for developing in a way, integrating the product, which is non-recurrent, meaning that it's, yeah, we do it once and then when it's done, then yeah. It delivers. Yeah, it delivers something. But that's like a consultancy company and that's not what we are. So essentially our revenues now, this quarter, Most of the revenue is from MPCI. It's more than half of that revenue is actually from the project we're doing with MPCI. That's what we have recognized in the Q1 numbers. And looking at cost, they were very close to our expectations. So no surprises. Is this the level we can expect going forward? Maybe even a little bit. Well, it depends. I think as we move on, this quarter has a lot of marketing costs because we are at a lot of conferences and they are not free to attend. But, yeah, I think it is about this level. We don't have major plans to, you know, do anything crazy or all of a sudden spend too much...