Crunchfish AB (publ)

Hi everyone and welcome to this webcast. My name is Axel and I'm an analyst here at Vestahamnen. Today we'll talk to Crunchfish and discuss their Q1 report where I will begin asking some questions but I also will take some questions from the audience so I encourage you to send in questions. I will also say that this interview will be around 45 minutes and it will be uploaded on our YouTube channel. With me today, I have CEO Joakim Solmundsson. Welcome. Thank you, Axel. In the interest of time, let's jump right into the questions. Let's begin with the financials. Revenue wise, you're off to a great start with 1.7 million in sales in the first quarter. What's behind the numbers?

Well, that was the news of yesterday, wasn't it? We did announce that we had a sort of a final agreement with oppo uh we we've we've done that business that started already back in 2014 actually uh but then this is their use of our gesture software in q1 so we invoice that and then they they said that they they want to sort of now close this uh part of the business we can do other things with oppo but we recognized that and took that into the q1 number so that's essentially is what's behind sort of the tenfold increase that we had compared to last year.

Yeah. And you mentioned the gesture of business. What is the latest update on that?