Pexip Hldg Asa (PXPHF) Q1 2026 Earnings Call

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WEBVTT 00:00:01.145 -- 00:00:05.751 Good morning, and welcome to this presentation of PECSIP's first quarter results. 00:00:05.751 -- 00:00:08.055 My name is Trond Johansson, and I'm the CEO. 00:00:08.055 -- 00:00:12.181 Together with me here at Lysakir, I have Øystein Hamm, our CFO, and Osmund Fodsla, our 00:00:12.181 -- 00:00:16.607 Chief Revenue Officer. Together, we will take you through the highlights of the quarter 00:00:16.607 -- 00:00:19.488 and our current focus. 00:00:19.771 -- 00:00:23.874 The standard disclaimers apply as usual. 00:00:24.057 -- 00:00:27.824 First, a brief overview of PECSIP for those new to the company. 00:00:27.824 -- 00:00:33.493 TechSIP was founded in 2012 and currently we operate in 25 markets across the globe. 00:00:33.493 -- 00:00:39.822 We are a specialist video conferencing and infrastructure company focusing 00:00:39.822 -- 00:00:43.388 on interoperability and secure and custom meetings. 00:00:43.388 -- 00:00:50.255 We do software only, delivered as software or software delivered as a service. 00:00:50.258 -- 00:00:54.622 TechSIP has unique and established partnerships with the leading companies in our industry. 00:00:54.622 -- 00:01:00.492 We complement and enhance their solutions and do not generally compete with them. 00:01:00.492 -- 00:01:05.400 Our customers are mainly large organizations, both in the public and private sectors, 00:01:05.400 -- 00:01:10.268 that have complex needs when it comes to video collaboration. 00:01:10.268 -- 00:01:13.813 The financial performance has been strong 00:01:13.813 -- 00:01:18.538 and has also been continuously improving over the last quarters. 00:01:19.242 -- 00:01:21.571 Now to the highlights of the past quarter. 00:01:21.571 -- 00:01:27.076 Our annual recurring revenues grew with $4 mil...