Qliro AB (QLIRO) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to CLEARo Q2 presentation 2025. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to CEO Christopher Rutgersson and CFO Carl Lofgren. Please go ahead. Thank you. Hi, everyone, and welcome to our Q2 presentation. I'm Christopher Rutgersson, and with me today I also have our CFO, Carl Lofgren. Today, I will talk through our strategic highlights. I will hand over to Carl for our financial update. We'll come back for outlook and we'll walk through any kind of questions that comes up. So in terms of our strategic highlights, we still see a large opportunity to build a new European leader in composable payments, to deliver a world-leading experience for merchants and their consumer journey. We're taking big steps in that direction during the quarter. We see a growth of more than 37% in the quarter accelerating to 45% in July. So we have a great momentum in terms of new volumes on the platform. Part of this is a significant contribution from SME turning into an operating income contribution of 13% from the SME segment. And when we look at new volumes, more than 30% of the new volumes on board on the platform are coming from the SME segment. Our Nordic expansion, where we have launched into Norway and Finland during the last year, we are above expectations with more than 1.3 billion krona in volume signed for new merchants in Norway and Finland, of which around 1.1 billion from Norway, which is more than double the signed volume we announced in Norway in the last quarter. So it's an accelerated momentum in Norway. And the early indications in Finland, we've only been live since April in Finland, is a quicker growth than we had when we launched in No...