Q2 2024 Airthings ASA Earnings Presentation Transcript

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Aug 21, 2024

Aug 21, 2024 / 08:00AM GMT
Presentation
Aug 21, 2024 / 08:00AM GMT

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Corporate Participants
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* Emma Tryti
Airthings ASA - Chief Executive Officer, Director
* Magnus Bekkelund
Airthings ASA - Chief Financial Officer

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Emma Tryti - Airthings ASA - Chief Executive Officer, Director

Hi, everyone. Welcome to our presentation of the second quarter and first half results. Very nice to see you here in person and also hi to everyone following online.

The second quarter of 2024 represented a significant growth in underlying demand amongst consumers, resulting in 37% year-on-year growth in the Consumer segment and was also driven by strong growth across all channels. And we had 89% growth year-on-year through our own e-commerce channel.

And as a significantly larger portion of our total revenue now coming from the Consumer segment, I'm very pleased to see that we manage to keep our gross profit margin at 62%. And the main driver behind that is the high growth that we see in our own e-commerce

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