KebNi AB (publ)

Hello and welcome to Carnegie. My name is Mattias Karlsson and I am a stock analyst. Today we will focus on a company called Kebne. And with me in the studio is my CEO Torbjörn Saxmo. Welcome Torbjörn. Thank you. I have just released a quick Q&A report so I will pass over the words to you for a short presentation and then we will take the Q&A afterwards.

Thank you very much. I'll start by going through what Kebni is. We are a small high-tech company that delivers satellite communication antennas and IMUs, especially within defense and authorities, typically blue light authorities. Examples of customers today are Saab, Epiroc, Indra, BAE. Under kvartalet så har vi fokuserat hemskt mycket på att få våra leveranser att flyta. Fokus på leveranser och fokus på flöden i produktionen. Vi jobbar också starkt med våra internationella affärer och våra partnerskap. Det är viktigt för oss going forward. In the quarter, I can state that we have a revenue of SEK 31 million, which is 185% compared to the previous quarter or the corresponding quarter in 2023. EBITDA ends at SEK 3.2 million, which is a little over 10%. And SEK 2 million in the last row corresponds to 6.7%. For us, this is a big milestone and an important step forward.

Thank you for that presentation, Torbjörn. I thought we'd take a look at the numbers here. The gross margin was very strong. It was at 47% compared to 37% in Q4. You had an EBIT margin of just over 10%, which is impressive. Is this a sustainable level if you look at the coming quarters and given today's production and sales configuration?