Q3 2024 FormPipe Software AB Earnings Call Transcript

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Oct 25, 2024

Oct 25, 2024 / 09:00AM GMT
Operator

Welcome to this live queue with FormPipe. I will be back later for the Q&A session and you can already now post your questions below the stream.

And today I'm joined by CEO Magnus Svenningson, so, and CFO Joakim Alfredson. So and Magnus, I think you will start the presentation, right? Yes, You're welcome.

Magnus Svenningson - FormPipe Software AB - CEO

We do as we always do it. Then we have you Joaquim coming in with some numbers. Then I talk a little bit more about the developments and then the Q&A and if we and of course, really good to be here and see you again after three months of doing business and also having a bit of vacation and summer before starting off of the new season. So if we look a little bit at the numbers, first of all, we have the net sales 130 million. I think this is a good number. Given our changes in opera in customer mix the last year. Also, I would like to emphasize the recurring revenue. We are now up to more than 80% of our net sales be recurring revenue. And I think this is a really good sign of, of form pipe

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