Polygiene Group AB (POLYG) Q3 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.449 Good morning and welcome to this pre-recorded webinar of the PolyGene Group's third quarter. 00:00:05.449 -- 00:00:08.739 My name is Ulrika Bjork and I'm the CEO of the company. 00:00:08.739 -- 00:00:12.451 And my name is Niklas Blomstedt and I am the CFO. 00:00:12.451 -- 00:00:17.036 So moving into the highlights of the quarter, we can see yet another strong quarter with 00:00:17.036 -- 00:00:22.363 impressive growth and profitability, and alongside with a positive cash flow. 00:00:22.363 -- 00:00:26.568 We also could present some new strategic innovation partners in the PolyGene Freshness 00:00:26.568 -- 00:00:27.989 area. 00:00:27.989 -- 00:00:33.636 And also again, AdMaster's website is becoming a really effective tool for lead generations. 00:00:33.636 -- 00:00:36.239 And I will come back to that a little bit later. 00:00:36.239 -- 00:00:40.384 And we will also have a refocus on the investor relations. 00:00:40.384 -- 00:00:43.705 Moving into the financial update. 00:00:43.771 -- 00:00:48.318 We have sales of 40.8 million SEK versus 28.7. 00:00:48.318 -- 00:00:51.522 We have a gross margin of 71.6 versus 72.2%. 00:00:51.522 -- 00:00:53.522 Operating 00:00:53.846 -- 00:00:57.811 cost of 21.8 versus 20.6. 00:00:57.811 -- 00:01:02.538 EBITDA of 5.7 million SEK versus minus 1 million SEK. 00:01:02.538 -- 00:01:07.345 And an EBIT of 4.2 million SEK versus minus 2.4 million SEK. 00:01:07.345 -- 00:01:12.380 have a positive cash flow of 3.8 million SEK versus 2.3 and at the 00:01:12.380 -- 00:01:16.373 end of the period we had a cash of 58.2 00:01:16.373 -- 00:01:21.608 million SEK. If we go in a little bit more deeper on the sales, we can see that the 00:01:21.608 -- 00:01:24.410 increase then to 40.8% 00:01:24.474 -- 00:01:30.863 i...