Ferroamp AB (publ) (FERRO) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

So, hello and welcome everyone to quarter report Q1 from Ferro Amp. My name is Kent Jonsson and I am the CEO and I have with me William Ryan, CFO here, to be able to answer questions at the end of this meeting. Today's agenda, here we will focus mostly on questions at the end, it will be the focus. Very short overview first. We have the market's smartest hardware and software platform for the optimization of production and consumption of electricity in properties. A little from the market here. Statistics from Swedish solar energy. Here you can see that pre-registrations have steadily increased during quarter one. This will result in an increase in the sale of systems and therefore the number of connected systems under Q2. It is a reduction of normally six to eight weeks from pre-registered to connected. The other picture from the market is that the cost of effects is starting to come now with a larger number of customers. It will be introduced at the latest under 2026. And this has a great impact on villa owners. Here, the energy companies measure the highest consumption during a day, and then they are debited from the highest consumption during one or more hours on average. If you look at a standard villa, it is up to 7,000 more expensive per year, and if you have an electric car, it is approximately 17,000 more expensive. Here we have, with our smart system, the opportunity to save money for customers between 5 and 16 thousand kronor per year. A lot of good things have happened during the period. I was going to mention three things briefly here. The first is just this opportunity to save money. for customers in a simple way. We have now launched Ferro AI and this means that you just turn on Ferro AI via a button in the app and then Ferro AI does all the optimizati...