Yubico AB (YUBICO) Q3 2023 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.616 everybody, or actually it's good evening where Camilla and I are at. 00:00:03.616 -- 00:00:08.904 We're in California following today's board meeting in Yubico and we're excited to 00:00:08.904 -- 00:00:14.352 share some background and then dive into the results from the interim report 00:00:14.352 -- 00:00:17.173 for the third quarter. 00:00:17.777 -- 00:00:22.985 I know that we have several participants that have been listening in to presentations 00:00:22.985 -- 00:00:27.995 earlier, but I'd like to give just a quick overview of 00:00:27.995 -- 00:00:32.944 Yubico as a company before we dive into the specifics for the quarter. 00:00:32.944 -- 00:00:39.593 And just as a quick reminder, Yubico is a leader in the multi-factor authentication industry. 00:00:40.358 -- 00:00:43.403 Our key product is the YubiKey. 00:00:43.403 -- 00:00:48.516 And we've been growing over the past 15 years and 00:00:48.516 -- 00:00:53.783 on a rolling 12 month basis, our annual turnover is about 1.8 billion 00:00:53.783 -- 00:00:59.031 Swedish krona. We're about 430 employees. We're 00:00:59.031 -- 00:01:02.836 we have a very nice set of customers that I'll return to shortly. 00:01:02.836 -- 00:01:07.843 And we work primarily with the world's largest companies and organizations. 00:01:07.843 -- 00:01:12.950 Some 30% of the fortune 500 companies are already our customers 00:01:12.950 -- 00:01:18.115 to a to varying degrees, some just initial deployments, whereas others use it 00:01:18.115 -- 00:01:21.438 pretty much wall-to-wall with their organizations. 00:01:21.438 -- 00:01:26.844 As I mentioned, we're a hardware-based company, but because of the big software component 00:01:26.844 -- 00:01:32.030 of our offering, we are able to maintain very healthy ma...