Tonies Se Reg A (TNIEF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

recording in progress good morning and good afternoon to from wherever you are joining us virtually today and welcome to the tony's earnings call for the first quarter 2026 highlighting once again a great start to the year with me today are our ceo tobias van and cfo hans mueller as always tobias will walk you Through last quarter's business highlights, Hans-Jörg will walk you through the financials before we finish with the confirmation of our full year 2026 guidance. After the presentation, we will continue with the Q&A session and we invite you to submit your written questions through the Q&A function during the presentation already. We have an exciting story to share with you today. So without further ado, I will hand the floor over to Tobias to kick things off. Thank you, Moritz. A warm welcome from me as well. Let me start where we always start, with the platform we've built. Because that platform keeps getting stronger and stronger. We've sold around 12.2 million Tony boxes, activated in more than 100 countries, and there are more than 165 million Tonys out there. If every Tony were a person, they would form one of the eight most populous countries on the planet. This is the world's leading platform for kids' audio. And this platform grows quarter after quarter, year after year. Every Tony Box you sell is a gateway to a trusted relationship that lasts for years to come. A product that genuinely earns its place in family life almost five hours a week, every single day. The first quarter is usually our smallest by revenue, but Q1 tells us a lot about the state of our business. Q1 2026 tells us that the momentum we built in 25 is carrying forward. In the first three months of 2026, we grew revenue by 35% in constant currency to 126 million euros. Every single mar...