Q1 2025 Strongpoint ASA Earnings Call (Q&A Session) Transcript

Apr 29, 2025

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Apr 29, 2025 / 09:00AM GMT
Dominic Robinson - StrongPoint ASA - Communications Consultant

Good morning, everybody. Welcome to StrongPoint Q1 2025 Q&A.

We have here Jacob and Marius from StrongPoint, CEO and CFO. To start with, a quick recap on the financials. Recurring revenue is up 17% this quarter to NOK372 million.

Total revenue for the quarter came in at NOK347 million, and we delivered an EBITDA of NOK10 million with a margin of 2.9%. On company operations, again, three things to highlight. We got a first auto store win in the UK.

Two AI powered theft prevention pilots in Scandinavia with a formal pioneer ship partnership signed with the AI powered anti-theft company (Cy) Group.

And we have initiated a 3rd Ven Safe theft prevention pilot in the UK.

Questions and Answers:

Dominic Robinson - StrongPoint ASA - Communications Consultant

So, to start off with, first question is for you, Jacob, on recurring revenue.

Recurring revenue grew by 17%. What are the main drivers behind this growth and how do you see the role of recurring

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