Aug 18, 2023 / 06:00AM GMT
Presentation (Q&A Session)
Aug 18, 2023 / 06:00AM GMT
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Corporate Participants
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* Børge Astrup
Techstep ASA - CEO
* Ellen Solum
Techstep ASA - CFO
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Børge Astrup - Techstep ASA - CEO
Hello, and welcome to the Q&A session. If you have any questions, please feel free to either post them in the chat or send them to the IR mail.
We are still on the journey of turning Techstep profitable, and we have gone through a good transformation, and we are now executing the final phase of the transformation. We see that we have a growth in our net gross profit of 7%. Our recurring revenue is growing 15%. And our ARR from own software is also growing 15%.
We still see in Q2 a market decline for the hardware business, but it was lower than in Q1. And the market expect that to decline to slow down and start to recover during second half of 2023. We signed a very significant contract with Oslo kommune of NOK480 million. And together with finding the
Q2 2023 Techstep ASA Earnings Presentation (Q&A Session) Transcript
Aug 18, 2023
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