Physitrack PLC (PTRK) Q2 2026 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.191 -- 00:00:05.134 Hello everybody and welcome to Physitrack's Q2 2026 results webcast. 00:00:05.134 -- 00:00:10.357 I'm Henrik Molin, I'm the CEO and founder of Physitrack and I'm joined today by our CFO 00:00:10.357 -- 00:00:15.815 Matt Halter. All right, let's get to it. 00:00:15.815 -- 00:00:20.841 We will give you a little snapshot of what worked 00:00:20.841 -- 00:00:24.365 and what worked less well as a start of it. 00:00:24.365 -- 00:00:27.088 And then we'll look at the two business divisions. 00:00:27.088 -- 00:00:29.931 Matt will take you through the financials in more detail. 00:00:29.931 -- 00:00:34.656 We'll also cover the share buyback. We're going to wrap up with strategy and outlook, 00:00:34.656 -- 00:00:39.760 and then we'll move into Q&A. And as usual, submit questions at any time using 00:00:39.760 -- 00:00:43.603 the Q&A function at the bottom of your Zoom panel down there. 00:00:43.603 -- 00:00:48.224 Now, let's go. Right, Q2 snapshot. 00:00:49.086 -- 00:00:53.870 Some interesting developments. Revenue was up 8% year-on-year, 6% quarter-on-quarter. 00:00:53.870 -- 00:00:57.030 Compared to Q4 2025, we're up 10%. 00:00:57.732 -- 00:01:02.975 revenue reached 3.4 million euros and 96 percent of that revenue comes 00:01:02.975 -- 00:01:08.297 from subscriptions and that is as you know the gold standard and what we do in software 00:01:08.297 -- 00:01:13.299 your predictable recurring revenue flows and that's almost all of what 00:01:13.299 -- 00:01:15.849 our business is built on 00:01:15.849 -- 00:01:20.172 Life care revenue was up 11% year on year to 3.1 million euros. 00:01:20.172 -- 00:01:25.475 Life care ARPL, which is the average revenue per license, increased 10% 00:01:25.475 -- 00:01:30.597 to 189 euros per year. That's impor...