Oneflow AB (publ)

Okay, good morning. Good morning and welcome to the first quarter of 2024 earnings call. My name is André Samnes and I'm the CEO and founder of the company and next to me we have Nathalie Hjelve, our CFO. And also please use the Q&A function in Zoom and not the chat. And we'll get back to the questions in the end of this presentation. First, a few highlights of the quarter. ARR came in at 140.6 million, which was a growth of 41% year over year. As you know, we also report on a monthly basis. So end of April, we had 144 million in total ARR, and still the growth rate was 41%. And net new ARR all time high for the first quarter was up 25% at 11.2%. The ARR to sales ratio was 129%. We are an ARR first company. We do have some one-offs, but that's only a very small percentage of what we sell. In the first quarter, recurring revenue was 98%. 98%. Net and gross retention rates for the first quarter was 110 and 91%. And we had 43,500 paying users by the end of the quarter, up 27% year over year. Just one slide on our concept, what we do for those of you that are new to OneFlow.

We're in a practice session. I will start the webinar now. So we'll need to start from the beginning. Okay. Okay.

Okay.