Fractal Gaming Group AB (publ) (FRACTL) Q4 2025 Earnings Call

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WEBVTT 00:00:01.988 -- 00:00:07.793 Hi everyone and welcome to today's presentation of Fractal Gaming Group's Q4 2025 00:00:07.793 -- 00:00:12.998 report. During this call, we'll walk you through the key developments from the quarter 00:00:12.998 -- 00:00:17.983 and the year, covering our financial performance, market dynamics and the strategic progress 00:00:17.983 -- 00:00:20.105 that we have made. 00:00:20.105 -- 00:00:25.149 In summary, we closed 2025 with continued organic growth in the fourth quarter 00:00:25.149 -- 00:00:29.754 and a record year for Fractal. Measured in dollars, organic growth for the full year 00:00:29.754 -- 00:00:34.765 reached 25% while reported net sales in SIEC increased 16% to 00:00:34.765 -- 00:00:38.329 the highest level in the company's history. 00:00:38.329 -- 00:00:43.013 At the same time, we have operated in a challenging external environment with tariffs, 00:00:43.013 -- 00:00:48.238 currency movements, and increased volatility that has impacted our profitability to unsatisfactory 00:00:48.238 -- 00:00:52.742 levels, particularly in the second half of the year. 00:00:52.742 -- 00:00:57.207 We will therefore focus today not only on what we have delivered, but also on how we 00:00:57.207 -- 00:01:02.283 are managing these headwinds and how we are positioning Fractal for long-term profitable 00:01:02.283 -- 00:01:03.986 growth. 00:01:03.986 -- 00:01:08.913 As always, we look forward to answering your questions at the end of the call or in follow-up 00:01:08.913 -- 00:01:11.434 discussions later. 00:01:14.281 -- 00:01:19.789 Moving directly into the highlights of the fourth quarter, Q4 was characterized 00:01:19.789 -- 00:01:25.698 by a combination of continued underlying demand and challenging external 00:01:25.698 -- 00:01:30.549 e...