Oct 27, 2020 / 07:00AM GMT
Presentation
Oct 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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Lars Rabaek Boilesen - Otello Corporation ASA - CEO
Welcome to Otello Corporation's Q3 presentation. Today's agenda: I will do the executive summary, follow up with an operational review, and Petter Lade, our CFO, will do a financial review. And then at the end, we'll have time for a Q&A session.
Executive summary. Revenue came in at $63.2 million, flat versus last year. Adjusted EBITDA, flat versus last year as well, $5.7 million against $6 million. Operating cash flow, very strong in the quarter, $4.2 million, compared to minus $0.9 million same quarter last year.
So both AdColony and Bemobi, both came in, in line with expectations for the quarter. Revenue and adjusted EBITDA, virtually flat versus last year. But if we had adjusted for FX, it would have been up. And as mentioned before,
Q3 2020 Otello Corporation ASA Earnings Presentation Transcript
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