Smart Eye AB (publ) (SEYE) Q4 2024 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Smart Eye Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.216 Good day and a warm welcome to SmartEyes Q4 2024 earnings call 00:00:05.216 -- 00:00:10.240 hosted by RedEye. My name is Jacob Benon and I will be moderating the session 00:00:10.240 -- 00:00:15.465 where we will start with a company presentation followed by a Q&A. 00:00:15.465 -- 00:00:20.810 And with us today, we have SmartEyes CEO Martin Krantz and CFO Mats 00:00:20.810 -- 00:00:22.351 Benaminsson. 00:00:22.351 -- 00:00:26.495 And without further ado, I will leave the word over to Martin and Mats. 00:00:26.495 -- 00:00:27.456 Welcome. 00:00:27.456 -- 00:00:29.936 Thank you, Jacob. 00:00:30.018 -- 00:00:32.018 Let's 00:00:33.504 -- 00:00:35.764 get going. 00:00:36.448 -- 00:00:41.516 SmartEye, we are doing technology that understands, supports, predicts 00:00:41.516 -- 00:00:47.563 human behavior in complex environments, including cars of course. 00:00:48.668 -- 00:00:50.871 We have a 00:00:50.871 -- 00:00:54.113 good quarter behind us. 00:00:54.233 -- 00:00:55.635 For 00:00:55.635 -- 00:01:00.982 the first time we have more than 100 million SEK in quarterly revenue. 00:01:00.982 -- 00:01:02.982 10% 00:01:04.327 -- 00:01:09.454 more than last year, but the organic growth goes all 00:01:09.454 -- 00:01:13.958 the way up to 18%, which we are very happy with. 00:01:14.101 -- 00:01:19.248 It's mainly driven by that we have 75 car models in 00:01:19.248 -- 00:01:22.853 production at the end of Q4. 00:01:22.853 -- 00:01:28.080 That's eight more than the previous quarter and it's ramping up at a good 00:01:28.080 -- 00:01:33.104 speed. One more OEM, 10 OEMs instead of nine. 00:01:33.407 -- 00:01:39.015 That all in all gives us 42% organic growth for automotive. 00:01:39.015 -- 00:01:41.719 But automotive 00:01:41.719 -- 00:01:47.389 rev...