Oneflow AB (publ) (ONEF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.554 -- 00:00:05.684 Welcome to this meeting where we walk through the highlights 00:00:05.684 -- 00:00:12.273 of the first quarter 2025 numbers for OneFlow. 00:00:14.922 -- 00:00:20.633 My name is Anders Hamnes and next to me we have Nathalie Hjelve, our 00:00:20.633 -- 00:00:22.633 CFO. 00:00:23.318 -- 00:00:28.325 And please also use the Q&A function in Zoom and 00:00:28.325 -- 00:00:35.171 not the chat. And we will get back to your questions in the end of this presentation. 00:00:36.336 -- 00:00:41.443 So before we dive into the numbers, we would just like to 00:00:41.443 -- 00:00:44.868 say a few words about ARR, 00:00:44.868 -- 00:00:49.954 because we have made a change to this formula as of January this 00:00:49.954 -- 00:00:55.285 year. As maybe some of you have seen, we also reported slightly higher 00:00:55.285 -- 00:01:00.312 ARR numbers in our press releases from January, February and 00:01:00.312 -- 00:01:03.593 March this year. The 00:01:03.936 -- 00:01:09.022 reason for that is that we initially planned not to change 00:01:09.022 -- 00:01:14.130 our historical numbers. But we realized that this 00:01:14.130 -- 00:01:19.137 gave a slightly skewed or wrong picture of our 00:01:19.137 -- 00:01:22.622 performance when it comes to growth and retention and so on. 00:01:22.622 -- 00:01:28.251 So we decided the last few weeks to just update all numbers 00:01:28.251 -- 00:01:33.338 back in the history to give you a more correct picture of how we 00:01:33.338 -- 00:01:38.346 are doing as a company. So the changes in the formula is that before, when it comes to 00:01:38.346 -- 00:01:43.492 churn, we used notice date and now we log 00:01:43.492 -- 00:01:48.819 churn on termination date. And also when it comes to new 00:01:48.819 -- 00:01:54.025 and ...