BIMobject AB (FRA:BOJB)

Q4 2024 Bimobject AB Earnings Call Transcript

Feb 14, 2025 / 01:00 PM GMT

Release Date Price: €0.596 (+15.06%)

Transcript

Key Points

Positve

BIMobject AB (STU:BOJB) reported continuous growth in ARR and net sales despite a challenging market environment.
The company maintains a strong cash position with over 200 million in liquid assets.
A strategic partnership with Green BPM in the US and a connection with CMS provider Ave enhances market presence.
A new user record of 5 million was achieved, indicating strong user engagement.
Successful product launches, including Beam.com and the design application, are expected to drive future growth.

Negative

The market environment remains tough, with only a slow recovery expected in 2025.
Increased investments in product development and commercial solutions have led to a rise in external costs by 29%.
Personnel costs increased by 8%, with further increases expected as new hires are onboarded.
The company's EBIT was negative, at minus 15% of net sales, indicating profitability challenges.
The rest of the EMEA market remains weak, affecting overall performance outside the Nordics and the US.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

BIMOB.ST - Bimobject AB
Q4 2024 Bimobject AB Earnings Call
Feb 14, 2025 / 01:00PM GMT

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Presentation
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Unidentified_1 [1]
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Hello, everyone, and welcome to this webinar. It's a sunny Friday afternoon in Malmo and we are ready to present our Q4 and end of year presentation to you.

So, on this call today, we have two of our usual panelists remotes on the road, actually. So, today we will have a pre-recorded presentation of the of the actual report, and then we will follow that by a live Q&A session.

So, as usual, you can send your questions to us at the email you see here on the screen, IR@BObject dotcom, and we will pick up as many of them as we can at the end of the presentation.

So before we start, I'm going to present to you the people speaking on the call today. My name is Lisa, and I'm hosting the call for you. I'm also going to be

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