Q1 2025 Vitec Software Group AB (publ) Earnings Call Transcript

Apr 23, 2025 / 08:00AM GMT
Olle Backman - Vitec Software Group AB(publ)-Chief Executive Officer

Thank you, and very welcome to this Q1 2025 presentation for Vitec. I'm Olle Backman, the CEO, and he will have to do with me because Patrick is not available at the moment. But as always, I would like to start with a general presentation of the group. And starting with the big pictures here, customer perspective, we always start with that. We have nearly 26,000 customers that we serve, all business to business. We do that out of today, 46 different business units, business unit, basically a company.

We have our feet on the ground in 12 countries, but we actually have sales in over 50 countries today all in all, but you should also remember that most of our business units are a very domestic business or regional at best, so. Pro forma sales, which is a bit of a guidance since we do lots of acquisitions, it's up to SEK3.7 billion after Q1. 88% of that was pro forma, recurring revenues. And to my assistance, I have nearly 1,660 colleagues. You can see the sales distribution there by market, it's

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