Talenom Oyj (0RQI) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi there. You are welcome to follow up Talennum Q1 business review. My name is Otto-Pekka Huhtala. I'm a CEO and here is my colleague. Hello, I'm Matti Eilonen, CFO. Good day to everybody. Today, our content will be short review of period. And after that, Matti will open more about financial development and outlook and guidance. And after that, I will deeper talk about strategy process and software businesses. Let's go. The separation of the software business was completed. The Finnish business grew while profitable improved future. As you can see, our Net sales increased about 5% and it was 36 million euros. And EBITDA increased 12.5% and we achieved around 11 million euros. And it has boosted with excellent Finland business. And now we will open first time business areas. revenue and here you can see in first quarter our revenue in software side was close to 7 million euros and in accounting business 29 million euros. This is shortly of the whole recap and now Matti will open more about figures. Welcome to follow this business review of Tallinn on first quarter from my behalf also. Let's start with the revenue. Revenue ended up 36 million, growing by 5%. And the comparable net sales was pretty much on the same level than last year, growing by 0.5%. Net sales in Finland, it increased while the customer churn in Sweden during the 2024 was tracking down the growth to the opposite direction. Net sales in Spain, it remained pretty much on the same level than last year. Having a look on the business areas, the software business was around 7 million and the accounting business was 29 million. We managed to separate the software business from the accounting business and the structure changed a little bit so that the recognition of the revenue was different in the software ...