Sleep Cycle AB (publ) (SLEEP) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.062 Hi everyone and welcome. Today we're sharing the interim report 00:00:05.062 -- 00:00:10.453 for quarter one. My name is Erik Gilmark. I'm the CEO at SleepCycle 00:00:10.453 -- 00:00:15.523 and with me I have Elisabeth Hedman, our CFO and Head of Investor 00:00:15.523 -- 00:00:17.523 Relations. 00:00:18.509 -- 00:00:23.237 We are Sleep Cycle. We are the world's leading sleep technology company. 00:00:23.237 -- 00:00:28.446 We have a mission to improve global health by helping people to 00:00:28.446 -- 00:00:33.695 take control of their sleep. We are used and loved by millions and available 00:00:33.695 -- 00:00:38.803 in more than 150 markets, in app stores, and as part 00:00:38.803 -- 00:00:41.404 of many wearables. 00:00:42.169 -- 00:00:47.521 At the core, Our app help people build healthy sleep habits, something 00:00:47.521 -- 00:00:52.606 that is more needed than ever. What set us apart is that we're not just the 00:00:52.606 -- 00:00:58.672 world's largest sleep app, we have a proprietary technology platform as well. 00:00:58.672 -- 00:01:03.977 Everything we do from sleep tracking and smart alarms to audio features like 00:01:03.977 -- 00:01:09.383 sleep aids, snore detection, and sleep talking recording helps users 00:01:09.383 -- 00:01:15.128 understand and improve their sleep. And it's all built on proprietary 00:01:15.128 -- 00:01:21.397 audio and sleep science technology, engaging and powered by science. 00:01:22.824 -- 00:01:27.694 There's a lot of uncertainty in the world right now, and the macroeconomic pressure is 00:01:27.694 -- 00:01:33.117 impacting markets across the board. During Q1, we saw a continued 00:01:33.117 -- 00:01:37.064 downward trend among many of our peers in terms of downloads. 00:01:37.064 -- 00:...