Fortnox AB (OTCPK:FNOXF)
$ 7.17 0 (0%) Market Cap: 3.97 Bil Enterprise Value: 3.89 Bil PE Ratio: 57.71 PB Ratio: 18.23 GF Score: 99/100

Q1 2023 Fortnox AB Earnings Call Transcript

Apr 28, 2023 / 09:00AM GMT
Release Date Price: $5.82
Fredrik Nilsson
Redeye AB, Research Division - Equity Research Analyst

Welcome to Fortnox Q1 presentation. My name is Fredrik Nilsson, and I'm an equity analyst at the Redeye. I will be back later for the Q&A session, and you can already now ask your questions in the chat function in the stream. But now it's time for the CEO, Tommy Eklund, you're welcome.

Tommy Eklund;publ;CEO;President
Fortnox AB

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Thank you, Fredrik. Great having you here. So that's -- I don't know. The presentation should. Maybe change now. Yes.

Okay. So for you all that has been participating in this presentation before, you know that we always start with for us, the high-level KPIs that we want you to follow. So a number of customers. This is net growing customers as always. So 15,000 customers in the quarter, in line with our own expectations and also in line with last year. So all in all, a stable net growing number there as well. Regarding usage, that is ARPC, that's the revenue per month and company in the platform

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