Q4 2019 Otello Corporation ASA Earnings Presentation Transcript

Feb 27, 2020 / 07:00AM GMT
Presentation
Feb 27, 2020 / 07:00AM GMT

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Corporate Participants
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* Lars Rabaek Boilesen
Otello Corporation ASA - CEO
* Petter Lade
Otello Corporation ASA - CFO

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Conference Call Participants
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* Christoffer Wang Bjørnsen
DNB Markets, Research Division - Analyst

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Lars Rabaek Boilesen - Otello Corporation ASA - CEO

Good morning. Welcome to Q4 2019 Otello Corporation's Presentation. Today's agenda, I will do an executive summary, follow up with operational review. Then our CFO, Petter Lade, will do a financial update. And at the end, we'll have time for some Q&A.

Executive summary. Revenue came in at $70 million, up from $63.1 million, equal to 11% compared to same quarter last year, up from $66.9 million equal to approximately 5% increase. Adjusted EBITDA, $8 million, up from $6 million equal to 33%. And compared to the same quarter in 2018, up from $5.5 million equal to 45%.

So

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