Divio Technologies AB (publ) (DIVIO_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's presentation where we have Divio, where CEO John Levin, SIFO and Fredrik Wallmark present Q1 for 2025. If you have questions, please use the form to the right and we'll take it up after the broadcast. And I'll leave the floor to you. Thank you so much Martin and thank you to everyone who is watching as well. My name is John Levin and I'm the CEO of the company and with me is Fredrik Wallmark. Hello. And as usual, we start with a short presentation of the company, what we do for those of you who don't know it. And then we go into a little more questions or especially tell you about the Q-rapport that was released yesterday morning. So I'll start with a short history of the company. We are a Swedish web agency company that started a long time ago, in 2005, and created a product that we use internally ourselves. First, to be able to handle all the projects we had for our customers, mainly in AWS's core service, i.e. Amazon's core service in AWS. And we realized quite quickly that this platform, the product, the service was very good and works very well for our part and therefore should also work for others. And we decided in 2014 that we would start converting and selling this service from consulting companies to product companies. And that's what we did, and we also needed to get capital for this. And to get capital, it was a bit tricky to get capital in Sweden. It was still much harder for startups and smaller companies compared to Sweden. And we were then advised to test everything and see how it could work in Sweden. And it went very well, we took in money in Sweden to make this conversion, and that we would also be noted. Which it became in the same wave as I came in. So in 2019 we became one of the most successful product companies and...