Insplorion AB (publ) (INSP) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to this presentation for the Q3 report for Explorion. And we have with us Explorion's CEO, Johan Rask. So I'll hand it over to you, Johan, to present what's in the Q3 report here. And then we'll also have a question time at the end, so feel free to ask questions in the chat along the way here, so we'll take them at the end with Johan. Thank you so much, Aron, and welcome everyone. And as I said, it's free to ask questions, so just shoot. I have a few slides, no long-term presentation, but we'll go through them, I think, and then, as I said, questions and discussion in the way you want. Here are some important comments from Q3. What can I say? In terms of revenue, on net revenue, we landed roughly in parity with the first nine months of 2023. But a good cost control has led to an improved result, but above all also an improved cash flow for the period. So almost 5.5 million better cash flows for the first nine months of the year compared to the previous year, which has been conscious. By the start of September 30, we had more than SEK 1 million. We have come back to a number of events during the quarter, especially those of commercial nature, but we can still comment that during the period we carried out a company submission where we took in a total of SEK 20.6 million. Let's move on to the businesses. So quite a lot of exciting and fun things during the period. If you look at the sales side, we have sold one or more sensors to no less than six different customers during the period. And it has been partly NPS P1 that has been our prototype, which we have had sales in the market for almost a year. There we did two sales, one to the packaging industry. where you want to detect hydrogen in your process. We could also present our first order to Japan to a supplier...