Smart Eye AB (publ) (SEYE) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.438 Good day everybody and a warm welcome to SmartEyes Q1 2025 00:00:05.438 -- 00:00:10.445 earnings call hosted by RedEye. My name is Jacob Benon and 00:00:10.445 -- 00:00:13.990 I will be your host today and 00:00:13.990 -- 00:00:19.017 we will do as usual to start with the company presentation and thereafter we 00:00:19.017 -- 00:00:21.961 will follow up with the Q&A session 00:00:21.961 -- 00:00:24.314 with the company representatives. 00:00:24.314 -- 00:00:29.904 And with us today we have Martin Krantz, which is CEO of SmartEye and CFO 00:00:29.904 -- 00:00:35.034 Mats Benaminsson. So without further ado, I will leave the word over to Martin and Mats. 00:00:35.034 -- 00:00:37.959 So kick it off. 00:00:37.959 -- 00:00:42.708 Thank you, Jacob. Let's jump right into the presentation. 00:00:42.708 -- 00:00:44.800 Here are the highlights. 00:00:44.800 -- 00:00:50.747 The savings program is on track and we are delivering on 00:00:50.747 -- 00:00:56.213 a yearly basis 40 million SEK, i.e. 10 million per quarter. 00:00:56.213 -- 00:01:01.378 And that will be completely in line with 00:01:01.378 -- 00:01:07.345 that goal in Q2. And already in Q1, we have 00:01:07.345 -- 00:01:10.602 come a long way towards that goal. 00:01:10.602 -- 00:01:13.586 We have increased the number of car models. 00:01:13.586 -- 00:01:16.970 It used to be 75 at the end of last quarter. 00:01:16.970 -- 00:01:22.816 Now it's 85. So 10 new car models. Very great. 00:01:22.816 -- 00:01:27.041 We have two new OEMs that went into production. 00:01:27.041 -- 00:01:30.906 So now 12 out of the 23 OEMs are in production. 00:01:30.906 -- 00:01:35.992 Some of them are like in early days ramp up, not very high volumes, but some 00:01:35.992 -- 00:01:39.425 of them are actually...