PowerCell Sweden AB (publ) (PCELL) Q2 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:03.634 Good morning and a warm welcome to our quarter two report. 00:00:03.634 -- 00:00:08.519 Sorry for the slight delay. We had an issue with the system that they need a reboot and 00:00:08.519 -- 00:00:11.781 a restart, which is also something that we're doing with Power Cell. 00:00:11.781 -- 00:00:16.566 Because what we see this quarter is that we are delivering on what we said. 00:00:16.566 -- 00:00:22.669 We are in a very uncertain volatile year. Next slide, please. 00:00:23.432 -- 00:00:28.656 The second quarter was weak. We were reporting a falling revenue 46% 00:00:28.656 -- 00:00:33.719 year over year, excluding the one-off effects that we saw in licensed transaction last 00:00:33.719 -- 00:00:38.222 year. I'm not going to dress that up. That is a very disappointing quarter. 00:00:38.222 -- 00:00:43.106 But I won't dwell on the number either. What matters is what is behind it and what we 00:00:43.106 -- 00:00:45.967 can do about it and what we are doing about it. 00:00:45.967 -- 00:00:49.490 So in this presentation, we're going to be very straight about what we can control and 00:00:49.490 -- 00:00:52.342 equally clear about what we don't control. 00:00:52.342 -- 00:00:55.986 But at the same time, I don't want this quarter and the numbers to hide another fact. 00:00:55.986 -- 00:01:01.051 Powercell, the company reporting these numbers, is a fundamentally stronger 00:01:01.051 -- 00:01:05.735 company today than we were just a couple of years ago, or one year ago. 00:01:05.735 -- 00:01:10.620 Anders Stifo will walk through the details of the quarter shortly, but first I want to 00:01:10.620 -- 00:01:15.404 share with you the lens which we will read these quarter numbers through. 00:01:15.404 -- 00:01:17.745 Next one, please. 00:01...