KebNi AB (publ) (KEBNI_B) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the Carnegie studio. I'm here with Torbjörn Saxmo, CEO of Kebny. Welcome. Thank you. You've released a fresh Q3 report today, so I'll pass over the word and picture to you. And then I'll come up with some Q&A afterwards. We start by briefly describing Kebni. We are a company that develops products and tailored solutions for stabilization, navigation and satellite communication. We have two product areas, inertial sensing, where we produce IMUs. IMUs measure relative movement. And we have the area of satellite communication, which builds satellite communication antennas for use during movement. Vi levererar till kunder inom försvar, government och commercial, framförallt med höga krav på prestanda och robusthet. Exempel på kunder är Saab och Epiroc. It is with pleasure that I present our third quarter 2024. We reach 28.3 million for the quarter, with that in the light of the fact that the quarter contains in principle only two full working months. This means 187 percent up from the corresponding period last year. Under kvartalet så beslutade vi att lägga ner vår verksamhet i Kalix. Det innebär att vi tar en engångskostnad på 4,4 miljoner. Justerar vi vårt ebitda för engångskostnaderna så landar vi på 2,6 miljoner, vilket är 9 %. Looking at the last row, we end up at minus 3.3 million, but again in light of the one-time costs at 4.4, I think it is still good. Den riktigt positiva rapporten kommer ju från att vi för andra kvartalet i rad redovisar ett operativt kassaflöde som är positivt. If I sum up the first nine months of the year, we ended up with 90.2 million. This means that we no longer fully believe that we can reach our strategic goals of 150 to 200 million in revenue this year. On the other hand, if I look at EBITDA, adjusted, we are at 8....