Photocure ASA (0IMT) Q2 2025 Earnings Call

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WEBVTT 00:00:00.000 -- 00:00:04.920 All right, well, good afternoon and good morning, depending on where you are in the world. 00:00:04.920 -- 00:00:09.180 My name is Dan Schneider, President and CEO of PhotoCure, and you're here for the PhotoCure 00:00:09.180 -- 00:00:14.620 second quarter 2025 results. With me today is Eric Dahl. 00:00:14.860 -- 00:00:19.520 Just a reminder, the usual disclaimers are in effect for today's presentation. 00:00:19.520 -- 00:00:23.580 I thought I'd start just kind of reiterating our strategic priorities and initiatives 00:00:23.580 -- 00:00:27.160 before I get into what I think was a very, very good quarter for PhotoCure. 00:00:27.160 -- 00:00:30.360 So, you know, first block, accelerate and expand. 00:00:30.360 -- 00:00:33.340 I think what's important to keep all this in the background of what we've been focused 00:00:33.340 -- 00:00:38.600 on over the past couple of years. You're delivering on our financial growth, both revenue 00:00:38.600 -- 00:00:42.860 and EBITDA this year, and continue generating operating leverage. 00:00:42.860 -- 00:00:46.660 I believe this is our ninth quarter in a row of positive EBITDA, and that leverage continues 00:00:46.660 -- 00:00:51.660 to build. Driving the PLC mobile strategy in Fortek is doing quite 00:00:51.660 -- 00:00:56.860 well for the US and is increasingly becoming an important part of our opportunities 00:00:56.860 -- 00:00:58.320 there. 00:00:58.320 -- 00:01:03.400 And then for Europe, increasing our penetration in the priority growth markets, 00:01:03.400 -- 00:01:09.100 Italy, France, UK. And expand our geographic footprint, which we mentioned. 00:01:09.100 -- 00:01:14.120 In Q2, we now have expanded into Spain. I'll go into that in more detail, but it is one 00:01:14.120 -- 00:01:19.660...