eEducation Albert AB (publ) (ALBERT) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.375 Hello, and welcome to today's presentation, where we have Albert Group presenting the 00:00:04.375 -- 00:00:07.338 Q3 2025 report. 00:00:07.338 -- 00:00:12.343 With us presenting, we have the CEO, Fredrik Bengtsson, and CFO, Erik Bergerlin. 00:00:12.343 -- 00:00:15.225 If you have any questions, please use the form located to the right, and we'll take that 00:00:15.225 -- 00:00:20.108 up during the Q&A. And with that said, please go ahead with your presentation. 00:00:21.992 -- 00:00:24.754 Good morning, and thank you for joining. 00:00:24.754 -- 00:00:30.035 I am Fredrik Bengtsson, CEO of Albert, and I'm joined today by our CFO, Erik Bergerlin. 00:00:30.035 -- 00:00:34.099 Together, we will take you through Albert's interim report for the third quarter and 00:00:34.099 -- 00:00:37.341 first nine months of 2025. 00:00:38.163 -- 00:00:42.065 After the presentation, we will open up for questions. 00:00:48.134 -- 00:00:52.859 Over the past six months, Albert has gone through a fundamental transformation. 00:00:52.859 -- 00:00:58.044 We have restructured, we have reduced costs, and we have refocused on our 00:00:58.044 -- 00:01:00.190 core strengths. 00:01:00.190 -- 00:01:05.638 The result is clear. We have stopped bleeding and we have turned profitable. 00:01:05.638 -- 00:01:11.106 In Q3, Albert delivered its first underlying EBITDA profit of 3 million krona 00:01:11.106 -- 00:01:14.011 compared to a loss of 8.4 00:01:14.011 -- 00:01:19.279 million the same quarter a year ago. That is a swing of more than 11 million krona 00:01:19.279 -- 00:01:21.699 year on year. 00:01:23.365 -- 00:01:29.232 Albert started as a pioneer in adaptive learning and has always been about one thing, 00:01:29.232 -- 00:01:32.676 improving learning outcomes. ...