Q4 2020 Boozt AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Boozt Q4 Report for 2020. Today, I am pleased to present CEO, Hermann Haraldsson; and CFO, Sandra Gadd. (Operator Instructions)
Speakers, please begin.
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Thank you, and good morning, and welcome to our Q4 2020 presentation.
If you go to the first slide on the key highlights, I will just run quickly through as we go in details on all these items. But main, of course, we had strong growth throughout Q4, both from new as well as existing customers. And in local currency, a growth of around 40%, which was very good. We had a record number of new customers in 2020, more than 1 million new customers, which bodes quite well for the future. Our cash flow was strong and -- both by low net working capital as well as CapEx on the low side of -- basically too low in 2020.
Our home category was launched during Q4 and is performing, at the moment, ahead of expectations. It's been very
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