May 07, 2025 / 06:30AM GMT
Sondre Gravir - Sats ASA - Chief Executive Officer
Good morning, and welcome to this SATS Q1 2025 presentation. I'm Sondre Gravir, the CEO of SATS, and I will present together with our CFO, Cecilie Elde. We will now present the operational and financial status for Q1, and we'll run the Q&A session in Teams at 9:30. Later today, at 10:30, we will host the second SATS Capital Markets Day. Here, we will present the future strategic direction for SATS and our financial ambitions.
And both this Q1 presentation and the CMD presentation were published at 7:00 this morning. Cecilie will cover the financial results in her section, and I will summarize the quarter. We are very happy with the start of 2025 for SATS. In Q1, we have delivered the strongest membership growth in the first quarter in the history of SATS. We have grown the member base with 24,000 members to 757,000 members in total, combined with an ARPM increase of 6%.
The growth is driven by successful sales activities, effective marketing push and healthy churn. We also see continued strong activity levels in our clubs, driven by
Q1 2025 Sats ASA Earnings Call Transcript
May 07, 2025
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