Exsitec Holding AB (publ) (EXS) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to this quarterly presentation for Excitec. Presenting today will be Niklas Ek, CEO, Carl Arneson, CFO, and me, Hampus Strangqvist, Head of M&A and Investor Relations. If you have any questions, please use the raise hand function in Zoom. And with that, I'll leave the word to Niklas. Thank you, Hampus. Hello, everyone. This is Niklas Ek speaking. I am the new CEO since the beginning of March. I will start off by making a short recap about our business as a reminder of what we do. After that, we will cover Q1 financials and a short market update and also a recap of our priorities going forward. So Excitec, we exist to deliver digital solutions that improve our customers' businesses and we aim to be a one-stop shop to the customer. We do this by selecting different softwares and develop in-house integrations that can be reused. By implementing different software and provide long-term support, we aim to be a single point of contact for our customers. The digital tools that we use can address areas like reducing financial administration through automation or use data for better decision making. Our customer base today is around 5,500 organizations and our target market is medium to large sized companies in the Nordics. No one customer typically is more than around 1% of our revenue, so very low risk in the individual accounts. We combine the software packages we work with to fit different industries and we have customers in many different industry sectors as you see in the slide. These are the primary software providers and partners that we work with at this time. We are resellers of softwares and the selection has grown to just over 20 software components. We combine these softwares with integrations that we develop in-house. We have a revenue share partnerships...