Haypp Group AB (publ) (HAYPP) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.074 Welcome to Hype Group Q1 2026. 00:00:03.074 -- 00:00:07.619 For the first part of the conference call, the participants will be in listen-only mode. 00:00:07.619 -- 00:00:12.584 During the questions and answers session, participants are able to ask questions by dialing 00:00:12.584 -- 00:00:17.249 pound key five on their telephone keypad. Now I will hand the conference over to the 00:00:17.249 -- 00:00:20.873 speakers, CEO Gavin O'Dowd and CFO Peter Deli. 00:00:20.873 -- 00:00:23.353 Please go ahead. 00:00:24.276 -- 00:00:29.225 Good morning, everyone, and welcome to Hype Group's Q1 results. 00:00:29.225 -- 00:00:35.112 Our CFO, Peter Deli, and I, Gavin O'Dowd, will take you through today's presentation. 00:00:35.276 -- 00:00:40.144 Starting at slide three, which is the agenda for today, I will take you through an overview 00:00:40.144 -- 00:00:45.894 of hype and the Q1 performance highlights, and Peter will take us through the consumer, 00:00:45.894 -- 00:00:51.263 financial, and segment performances before having a look at the progress on our key strategic 00:00:51.263 -- 00:00:55.046 priority markets and an outlook. 00:00:55.516 -- 00:00:59.682 I would like to take you to slide five to remind you of some of the key dynamics around 00:00:59.682 -- 00:01:01.244 our business. 00:01:01.244 -- 00:01:06.211 We are a retailer of risk-reduced products with a strong focus on nicotine patches, which 00:01:06.211 -- 00:01:11.236 as of today make up approximately 70% of our sales. 00:01:11.619 -- 00:01:16.786 We have multiple storefronts per market, and we operate in six markets in Europe 00:01:16.786 -- 00:01:21.993 and in the US. Approximately 90% of our revenue comes from product sales, 00:01:21.993 -- 00:01:27.578 with the sales of medi...