Maven Wireless Sweden AB (Publ)

Hello and welcome to this live presentation of the Maven Wireless Q1 report. You who are watching will be able to use the chat function to ask questions, so we will try to get them in here during the broadcast. The plan is that the CEO, Anders Ohlin, will start by presenting both Maven and some developments during the quarter and some thoughts, and then we will end with a Q&A. And that is when I will also try to get your questions in. I think I'm done. Let's get to the interesting stuff. Welcome Anders. Thank you. Let's hear your thoughts. Yes, and please ask questions.

As I said, Anders Linnet is the new CEO since January 1st. So it's my first quarter as an operational manager. So it's been a... Spännande, lärorikt och intensivt kvartal skulle jag vilja säga. Och det är klart om man tittar på kvartalet som sådan så har det varit ett fortsatt utmanande kvartal finansiellt men vi har ett flertal positiva signaler att vi går i rätt riktning och vi känner konferens att vi är på rätt väg så att det ska bli spännande att dela med sig av storyn till er. Så jag tänkte gå igenom The highlights of the quarter. I'm going to go through a number of pictures that we have shown to investors and banks during Q1 to give a better understanding of our market and Maven. Go through the financial results and then also delve a little more into the operational KPIs. Give me your feedback if you think I understand what you want to hear. But let's get started, Hugo. The orders we received went up to 86.5 million kronor, which we are very pleased with. It is of course partly based on the order we took in February from Tomek, which is a supplier to ÖBB, which is the counterpart to Trafikverket in Austria. But there is a lot more to go in the order book now that we have secured. We have won eight new customers during the quarter. That should be a record for Maven. And we have got our first years from two new markets, Spain and Australia. And it is so that we are now trying to build stones or platforms to get more revenue from more customers and more markets and more products. It is that that will build a more stable Maven in the long run. So we are happy with it. Income and gross margin is roughly in line with what one could expect. We have... We are dependent on the order book and the order stack that we ended last year. It controls a lot next quarter. And we had a cost level when we entered the first quarter that was almost the same as we had in Q4. So those parts are roughly in line with what we expected. We said in January that we would lower our operational costs. That program has now been executed. We have become six people less in Maven. We have negotiated our office rent in Kista and a lot of other things. So we see full effect of cost savings under Q2. We are also very pleased with the targeted emission that we did, where we added 15 million to the company. We did that to a premium of about 15% against the exchange rate that day, which we have understood is a good premium during these times. We could have brought in more, so we feel a very strong conference from the owners. Both existing and new owners who have joined the company, so it feels safe for the future that we have a strong owner base and strong faith and interest in the company. Nimbus has also been on the agenda for many quarters when I went back and looked and talked about it. In January I said that Nimbus did not go out to the market last year due to the fact that we prioritized existing customers and the commitments that we have made that we are cutting off. Now we changed the priority in January and said now we should. to work with Nimbus. There has been a lot of focus on Nimbus during the Q1, so we have basically ended the hardware and software development of that product. Now we are in the integration and testing phase, and we have also delivered a first unit to a customer that we are testing the product with. So you can say that we have highlights over the quarter. Hugo, do you know what this is?

It looks like a train tunnel. Can we think of it as Österrike?