eEducation Albert AB (publ) (ALBERT) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.597 Hello and welcome to today's Finwire broadcast presentation with Albert. 00:00:04.597 -- 00:00:07.521 After the presentation, there will be a question and answer session. 00:00:07.521 -- 00:00:12.528 So if you have any questions, you can submit them in English using the form on the right. 00:00:12.528 -- 00:00:14.571 With that said, I'll hand the floor to you. 00:00:14.571 -- 00:00:15.272 Please go ahead. 00:00:15.272 -- 00:00:17.272 Thank 00:00:17.695 -- 00:00:20.247 you. Good morning and thank you for joining. 00:00:20.247 -- 00:00:26.440 I am Fred Bengtsson, CEO of Albert, and I'm joined today by our CFO, Erik Bergerin. 00:00:26.440 -- 00:00:30.428 Together, we will take you through Albert's year-end report for the fourth quarter and 00:00:30.428 -- 00:00:33.631 the full year 2025. After 00:00:33.775 -- 00:00:36.861 the presentation, we will open up for questions. 00:00:36.861 -- 00:00:40.585 And with that, let's begin. 00:00:45.695 -- 00:00:47.137 When 00:00:47.137 -- 00:00:51.644 we presented Q3, our message was clear. We have stopped the bleeding and we have turned 00:00:51.644 -- 00:00:56.731 profitable. Today, I can confirm that this was not a one-off. 00:00:56.731 -- 00:01:02.797 The fourth quarter marks our second consecutive quarter of positive EBITDA. 00:01:03.041 -- 00:01:07.327 But let me be direct. The big restructuring moves are behind us. 00:01:07.327 -- 00:01:11.613 Sprobys is divested. The cost base is reset. 00:01:11.613 -- 00:01:15.656 The organization is now leaner and more focused. 00:01:17.622 -- 00:01:22.310 As you can see on this slide, we think about our journey in four phases. 00:01:22.310 -- 00:01:28.260 First, reducing the cost base and securing the cash position. 00:01:28.260 -- 00:01:31.285 Second, s...