Hydrogenpro As (HYPRF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.942 -- 00:00:06.129 Good morning. Today, I am accompanied by Martin Holter, who will 00:00:06.129 -- 00:00:08.272 present the financials, 00:00:08.272 -- 00:00:14.058 and Michael Casperson, who will give an update on markets outlook. 00:00:15.042 -- 00:00:18.887 As introduction, what does Hydro-N-Pro do? 00:00:18.887 -- 00:00:24.795 Hydro-N-Pro develops, manufactures, and sells and commissions equipment 00:00:24.795 -- 00:00:29.461 for green, carbon-free hydrogen production. 00:00:29.461 -- 00:00:34.526 As an original equipment manufacturer, the company's focus is on its 00:00:34.526 -- 00:00:40.571 core technology, well suited for renewable energy sources. 00:00:40.571 -- 00:00:45.776 High pressure alkaline electrolysis and gas separation skids are our core 00:00:45.776 -- 00:00:47.776 product. 00:00:47.778 -- 00:00:53.003 We address markets for decarbonization of selected large scale 00:00:53.003 -- 00:00:54.424 industries. 00:00:54.424 -- 00:01:00.098 Segments already using gray hydrogen or where decarbonization 00:01:00.098 -- 00:01:04.001 is hard to achieve through electrification. 00:01:05.486 -- 00:01:10.593 I will not go into details on pros and cons for the most common technologies 00:01:10.593 -- 00:01:15.780 for splitting water and produce carbon-free hydrogen, 00:01:15.780 -- 00:01:20.807 but highlight hydrogen pros focus on technology for driving down 00:01:20.807 -- 00:01:25.250 the levelized cost of hydrogen. 00:01:26.836 -- 00:01:32.341 With our unique and proprietary electrode technology, we reduces the operational 00:01:32.341 -- 00:01:37.646 cost by lower energy need in the hydrogen production. 00:01:37.646 -- 00:01:42.830 First, our electrode represent lower capex as we use no noble 00:01:42.830 -- 00:01:48.555 metals, which by the...