AAC Clyde Space AB

This morning, AAC Cloud Space has published their report for the final quarter of 2024. And as they do, I now turn to CEO, who will give us a short presentation of the quarter that has passed us and the company, of course. And I'll return a bit later to ask some questions. Hello, Gomez. Hello, good morning. Good morning. So as I said in my introduction here, you'll be giving us a short presentation and I will return in just a moment to ask a few questions.

I'd just like to take the opportunity to talk a little bit about our results for the year, for 2024. We have presented our quarterly report for the last quarter of 2024. We have had the best year in our operation. We had the highest net sales at about 353 million SEC. But also, we did these, we achieved these with a large EBITDA, a positive EBITDA of 46.7 million SEC. This just demonstrates that strategy that the strategy we have been following is actually delivering on our on the results uh this was as i said the best result that we have had it's it's a great uh by baseline to work from grow our business even further and for those of of you that are less familiar with uh with aec glide space we are a space company uh but very much what we do is about delivering best results to improve life on Earth. So although we are operating in space, we build satellites, we build parts for satellites, and we deliver data from space, very much what we are doing is focused on improving life on Earth. So we deliver information and data for the agricultural sector, for the forestry sector, and also for the maritime sectors. But we are also delivering payloads, instruments that are used to improve our weather forecasts. And we do this through three different models. So in some cases, we are delivering data and services directly to customers that just want that. They do not want to go on satellites. We also build satellites that we then deliver to customers that will use those satellites for their own purposes. And we also deliver components and products that other manufacturers use on their satellites. But the focus has been very much on all of these is to deliver solutions, be that data or satellites that actually improve what we are doing here on the ground on Earth. And we have seen a huge demand for that kind of services over the last few years. But that kind of information, as we see the world around us is changing and people need more data, they need more information. And that's what we are benefiting from. So we are building on that to actually grow and expand our business. And as I said, we have the best year for this year. We grew our sales. We are moving towards being a fully profitable company. And for the third year in a row, we have a positive operational cash flow. And we are very focused in terms of our day-to-day operations on improving these numbers. We believe that in a sustainable business. We need to be profitable. We need to have positive cash flow. And those are targets that we have been following, that we have been targeting for the last few years. And 2025 and 2026 will be no different. So in a nutshell, this is the result. What I would like just to say is that we have a great quarter, a great year, and we are looking forward to expand our business substantially over the next year, year and a half.

Thank you very much, Luis. So I'll begin with the questions now and seeing how space sort of is the final frontier. Of course, I'm by no means a rocket scientist and sometimes space can literally be quite not down to earth, as we sort of say. If you could simplify sort of a usual customer case that you receive, how would you describe that?