Q1 2022 Zalaris ASA Earnings Call Transcript

Apr 29, 2022 / 06:30AM GMT
Hans-Petter Mellerud - Zalaris ASA - Founder & CEO

Good morning. My name is Hans-Petter Mellerud, I am the CEO of Zalaris. Please do also welcome our CFO, Gunnar Manum, who is here with me today for this webcast presentation of Zalaris Q1 '22 Results.

We are using Teams for this purpose, and hope that we will deliver on your expectations. There is a Q&A function that you can use to ask questions that we will respond to at the end of the presentation. Please observe that the presentation is being recorded. You will find a link to the recording on the Investor part of our website. Without further ado, let's move on to the presentation.

So let's first look at some of the highlights of the quarter. The NOK 115 million annualized contract value that we saw last year started materializing in Q1 as planned. This resulted in our all-time high quarter to date, with a revenue of almost NOK 210 million, representing 12% growth from Q1 last year in constant currency. Add to this, almost NOK 19 million deferred revenue from implementation projects and you find that at team

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