Smart Eye AB (publ) (SEYE) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, and warm welcome to this earnings call for Smart Eye q two twenty twenty six hosted by Red Eye. We are here at the Smart Eye's headquarters in Gothenburg broadcasting live, and we will usually as usually, start with a company presentation followed by a q and a session, and I will remind you already now to start submitting your questions in the chat form, and I will ask it to management after the presentation. With us today, we have Smart Eye CEO, Martin Krantz, and CFO, Mats Benjamin Son, who will take us through the report. So without further ado, I will leave over to you guys. Welcome, Martin. Thank you, Jacob. Alright. Let's get started. These are the highlights of Smart Eye's second quarter twenty twenty six. Automotive royalty is what is driving the growth and we are still fighting in a bit of a headwind with regards to behavioral research. And the FX effect that has been against us for over a year is starting to fade. This results in organic, net organic growth of 54%. We have 148, 141,000,000 SEK in top line, which is the best quarter so far for Smart Eye. EBITDA has improved a bit to 27,000,000 SEK. So we are on steady ground when it comes to EBITDA, at least. The automotive organic growth is 128%. It's up from last quarter. I know that the market was expecting even quicker organic growth, but I think in the long run, we will see that we are really transforming the company now from from having small license revenues to significant license revenues. And that's that's the main takeaway, I should say. The automotive licenses, they grow also just like last quarter with more than 200% year on year. The car models continue to go into production. Last quarter, we had a 155. Now it's 175. And 20 of the 24 OEMs that we have under contract are in production n...