I-Tech AB (ITECH) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

This morning, itech published a report for the second quarter of 2026, and standing beside me is the company CEO, Markus Jansson. Welcome. Thank you very much. Good to see you again, Mike. It's good to have you here with a smile on your face. It's a very strong report, and I can't wait to hear more. You will give us a presentation, so go ahead. Thank you very much. All right, so first, a very brief introduction for those of you who may be encountering us for the first time today then. But ITech, which industry are we operating in? It's actually in the maritime business. And usually we say, this is our intro statement, so what if one third of the global fleet of 110,000 commercial vessels were using 36% more fuel than needed, even for one day? What would that mean for operating costs and emissions? and actually the truth is the picture is this bad, right? We have had data where you actually look at the conditions of ship when they come into dry dock after a service period and it's actually full of biofouling and that's a serious problem for the international shipping community. So I-Tech then, we have a solution for part of this problem. So our product Select Hope helps actually to prevent barnacles, which is hard fouling organism to settle onto the ship's hulls. And this helped the shipping companies then to reduce fuel costs and also reduce the emissions to air. Also, it helps to protect sensitive coastal environments because fouling is actually one of the number one vector for spreading of invasive aquatic species. So having a clean hull is very important also from a preservation purpose on the ecosystem. and also then reducing emissions to the oceans because Select Hope is a very very effective and efficient product so you need very little of it to get a good effe...