Q3 2024 Enad Global 7 AB (publ) Earnings Call Transcript

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Nov 12, 2024

Nov 12, 2024 / 08:00AM GMT
Operator

Good morning and welcome to this Q3 earnings call with seven. My name is Ludwig Anderson and I will be your moderator during this call.

And together with me to present, we have the company's Coe Hum and Deputy co and co Fred Ren.

After the presentation, we will have a short Q&A session. So please feel free to email your questions to the company's investigations, email. But now without any further ado over to eg.

Ji Ham - Enad Global 7 AB(publ)-Acting Chief Executive Officer

Thanks Ludvik. Good morning. Thank you for joining us. Let's go to the next slide and we'll start with the key performance figures. Q3 was a solid quarter had a meaningful rebound from Q2 lows. Their revenues came in at 466 million zack and adjusted he did at 102 million zack on a sequential basis. A nice rebound. Q2 was the low for the year. While Q2 is typically a seasonal low. This year, more accentuated weakness due to heavier backloaded contents late as a result, Q2 to Q3, sequential growth was robust. Net revenue increased by 32%

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