Bambuser AB (OTCPK:BSKZF)

$ 0.12 0.03 (33.33%) Market Cap: 27.48 Mil Enterprise Value: -9.16 Mil PE Ratio: 0 PB Ratio: 1.02 GF Score: 55/100

Q3 2023 Bambuser AB Earnings Call Transcript

Oct 27, 2023 / 09:00AM GMT

Release Date Price: $0.162

Transcript

Maryam Ghahremani Bambuser AB;CEO

Good morning, and welcome to Bambuser Q3 2023 report. I'm Maryam Ghahremani, the CEO, and I will hold this presentation together with acting CFO, Jonas Lagerstrom. Our agenda includes a quick company introduction and overview of our Q3 highlights and a dive into our SaaS KPIs and financials. Thank you for being here, and let's begin.

Bambuser is at the forefront of the video commerce industry. Our journey began in 2007, initially providing a groundbreaking video technology that allows users to stream live video from their mobile devices. In late 2019, we made a strategic pivot into the world of video commerce, a move that has since then drawn in more than 350 prominent brands spanning across 45 countries. Our global footprint now extends to key locations such as New York, London, Paris, Tokyo, Turko, Dubai, and our lovely headquarters in Stockholm.

Since the beginning, we have been achieving strong ARR growth. However, we're now facing a tougher market with customer churn and longer sales cycles among our enterprise clients, affecting our ARR

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