PowerCell Sweden AB (publ) (PCELL) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

welcome to power cell quarter one 2025 uh presentation uh we're looking forward to spend and half an hour together uh it's myself richard berkling and understanding cfo uh since the last six months so let us dive right into the quarter one presentation we issued the uh the presentation earlier this morning. And as we have as a headline, it's steady pace through rough waters. And we'll try and elaborate on this one together now for the upcoming 25, 30 minutes. So we still see a rather interesting growth. 42% growth in quarter one is something that we're quite proud of, with 11% growth rolling 12 months. We are seeing an improved EBITDA to minus 6 million SEC, which means that we are closing in on breakeven, as is the ambition of the company, of course. What was important to see as a performance highlight in quarter one was, of course, the large breakthrough order on our newly launched methanol to hydrogen fuel cell power plant. 150 million SEK as an OEM order, which was very, very encouraging. Not the least to the fact that we introduced this product quarter four last year to see that we get traction quite early on with new product introduction is of course very encouraging and important. Equally important is to also build industrial stability. So receiving the certification AS9100, which is a quality certification for aviation suppliers, is very important because it really proves that we are an industrial mature company, which is something that is extremely important in the process or timing that we're entering into right now in the market phases. We see a decline in cash flow from working capital to customer orders, something that Anders will comment more on. But we also see that we now, for the third consecutive quarter, have an order intake from product sales over...