Net Insight AB (publ) (NETI_B) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Net Insights Q1 report presentation. I'm Linda Lytt, Investor Relations Manager, and with me today I have Krister Fridsson and Cecilia Höygård-Hök. Krister Fridsson, CEO, and Cecilia Höygård-Hök, CFO. We will begin with discussing the numbers and the business in general, and then we will move over to Q&A. Krister, the floor is yours. Thank you and welcome to NetEnsight Q1. At the end of the day, as Linda mentioned, we are going through the highlight business overview for media and time synchronization, and then we will move into the financial numbers and outlook and we will end up with Q&A and you can send in any question you like into the chat. So if we start with the highlights for Q1, So the first quarter began with a strong growth in our focus region, Americas. As we previously communicated, investments level in EMEA and AIPAC region showed more hesitation. During the quarter, we strengthened our media product portfolio with several new feature launches for the NAB show in Vegas. We are also accelerating investment in our media solution on unmanaged networks that we see a strong growth. Growing awareness of the need for GNS at independent time synchronization among government have increased dramatically the last few months. Several initiatives aimed to reduce GNS-GPS dependency have started. We see a general market uncertainty from the geopolitical situation that we see, and the current geopolitical situation has made short-term dealing timing hard to predict. Given this, we have decided to initiate a cost-saving program. A little bit on the numbers. The net sales growth has been slower the last two quarters, even though we see a growth the last 12 months of 4%. We have a very strong gross margin. And over the last 12 months, it has in...