Freemelt Holding AB (publ) (FREEM) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's webcast where Freemelt will present its financial results for the second quarter of 2026. Joining us today are CEO Daniel Gidlund and CFO Martin Granlund. You are welcome to submit questions using the form located to the right of the webcast and with that I will hand over to you Daniel and Martin. Please go ahead. Thank you. Hi everyone and thanks for joining our second quarter webcast. I walk through the highlights of the quarter, and then I'll hand over to Martin for the financials. And in the end, we will have a Q&A session as well. So let me start with the headlines from Q2. This was a quarter of high commercial activity and momentum. Order intake came in at 22.2 million, which is up 11% year on year. and we ended the period with an order book of 25.6 million. We also strengthened the balance sheet with 35 million through the TO1 warrant. And this is thanks to great contribution with more than 97% who exercise their warrants. So really a big thanks to all of our loyal shareholders who believes in what we're doing. Net sales was 9 million, which were lower year on year. And that comes down to mainly timing on machine deliveries, which is difficult to predict and forecast. And in many cases also, I think we have mentioned this before as well, we are impacted by the customers also sometimes not being ready for installation as per plan. And this is also why revenue in some cases is being delayed. But I think what matters during this quarter is that the underlying direction, the order intake and the order book, which all point in the right way. Something we highlighted also in the Q1 webcast is that the additive manufacturing is entering a new phase. For years, I mean, the demand was really about machines and prototype printing, and now it...