Nightingale Health Oyj (NGHLF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

My name is Teemu Suna. I'm CEO and founder of Nightingale Health. And in today's presentation, we will be talking about, of course, about Nightingale. I will give a brief update of our business. Then we move to the business targets. And after the business targets, we go to key achievements in this half year period. Then we have the financial review and then a Q&A. So you can post your questions and then we will go through them in the end. So the same agenda as usual. Let's start. So what we are doing at Nightingale, our mission is to build sustainable health care and reduce health inequalities. So why do we need a more sustainable healthcare system? Well, the current healthcare system is not equal. And the current healthcare system is overburdened with too many sick people with chronic diseases. And importantly, chronic diseases that could have been prevented. So how the healthcare system is addressing this problem? We have the primary healthcare system, and the purpose of the primary healthcare system is to promote health and prevent diseases. So we have the system to manage the problem of chronic diseases, but it's not working. it's not working because the primary care doesn't have the right tools to do preventative healthcare. And the problem we are talking about here, this is the biggest healthcare problem in the world. 90% of healthcare costs comes from chronic diseases. And out of that, four out of five of the diseases could have been prevented. So when we talk about solving healthcare challenges, what we need to talk about, we need to talk about managing, preventing the onset of chronic diseases. So we need a change. What can we do? The answer actually is very simple. We often see when we talk about healthcare and when we read from the news about healthcare, w...