Apr 29, 2025 / 08:00AM GMT
Operator
Welcome to the Q1 presentation with FormPipe.
(Operator Instructions)
Today I'm joined by CEO Magnus Svenningson and CFO Sophie Reinius, and Magnus, the floor is yours.
Magnus Svenningson FormPipe Software AB-CEO
Thank you very much, Friedrich, and Hello to everyone listening in. It's great to be here at RedEye to present the First Quarter of 2025.
And as you see in the headline, we have had a good quarter with improvement on all lines. So, what do we mean by that? So, first of all the net sales coming in at SEK139 million, which is an improvement from last year's 25.
And again, I just want to highlight our recurring revenues that is now more than 80% of our revenues, which is a good quality of our company and our business model and then we have the ACV, which is strong, and This has to do with good performance in our listen business as well as in our public business.
And from an EBIT perspective, we are up from SEK 4 million to SEK30 million on excluding one-offs, and this is thanks to good work with cost
Q1 2025 FormPipe Software AB Earnings Call Transcript
Apr 29, 2025
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