Terranet AB (TERRNT_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi and welcome to Redeye. My name is Erik Rolander and I will be moderating this presentation. We have with us Lars Lindell, CEO of Terranet, who will hold a presentation of the company's third quarter that came here early this morning. We will start with a presentation and then we will do some questions and answers. You can send your questions to the form on the website. We have already received a lot of questions that we will try to keep up with afterwards, but please continue to send them during Lars' presentation so we can see what we can do. And with that I hand over to you Lars. Thank you Erik. As I said, my name is Lars Lindell and I have been the CEO of Terranet since March this year. We are going to do an introduction of the company here and since it is the first time I think we actually present Terranet on Redice and go through what we do. And then a little about the Q3 report and then Q&As. OMOS is a Lunda company. We are 26 employees and consultants. The company was founded in 2007 and came to Nasdaq First North in 2017. What I'm going to talk about here is next-generation anti-collision technology, because that's what we're developing. Just some data from the World Health Organization. Every year, about 1.2 million people die in traffic all over the world. And more than somewhere between 20 and 50 million people are injured. So it's very big numbers and it's at a cost to society of about 8 billion dollars per day, which is terrible numbers, I have to say. And more than 50 percent of those who are injured or die are what we call vulnerable road users. That is, people who are not sitting in the car, like the guy on the car driving a skateboard or a scooter. The reason for this is that our technology aims to make traffic safer for vulnerable road users. Why...