Paradox Interactive AB (publ) (PDX) Q1 2026 Earnings Call

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WEBVTT 00:00:01.060 -- 00:00:06.116 Hello, everyone, and welcome to the quarter one interim report stream from Paradise 00:00:06.116 -- 00:00:10.409 Interactive with me, Fred, and I'm Alex Bricka, the CFO. 00:00:10.409 -- 00:00:15.720 Perfect. So as always, we start by going through all the 00:00:15.720 -- 00:00:18.465 projects that we've released or the releases for Q1. 00:00:18.465 -- 00:00:22.533 And then we go over to the numbers, which Alex will present to you. 00:00:22.533 -- 00:00:27.263 And then we'll do the Q&A. And we even got our first batch of AI-generated questions 00:00:27.263 -- 00:00:32.600 for this stream. So we're super happy to see that we're in the AI age finally. 00:00:32.600 -- 00:00:37.067 So that's me and we move on. 00:00:37.067 -- 00:00:42.997 It's a balanced, not to say a bit boring, first quarter with very few releases. 00:00:42.997 -- 00:00:46.923 Worth mentioning here, like Alex will probably mention as well, is that we have a small, 00:00:46.923 -- 00:00:48.887 small growth 00:00:48.887 -- 00:00:52.212 on revenue if we 00:00:52.212 -- 00:00:57.200 take foreign exchange into account because we see a bit of a weaker dollar compared to 00:00:57.200 -- 00:01:03.561 the same period last year. But overall, stable revenue, stable 00:01:03.561 -- 00:01:07.627 operating margin, and stable cash flow. So 00:01:07.627 -- 00:01:12.734 as we always say, I would say in these streams, we still are in control of 00:01:12.734 -- 00:01:15.097 our future, and we can do the investments we need to make. 00:01:15.097 -- 00:01:21.352 And if opportunities should arise, we're well prepared to take care of those as well. 00:01:21.352 -- 00:01:26.823 The big thing on the gaming front is the sentiment change of City Silence 2, 00:01:26.823 -- 00:01:32.856 which is ...