Q4 results
The Q4 numbers came in in-line with what the company pre announced on 9 January. These numbers were also relatively in-line with our forecast prior to the pre announcement: sales SEK 48m (0% vs. ABGSCe SEK 48m), EBITDA SEK 6m (vs. ABGSCe 6m), EBIT SEK -7m (vs. ABGSCe -4m). ARR was at 31 December was SEK 120m, up 14% y-o-y. Order intake was record high at SEK 217m, +401% y-o-y. driven by the announced SEK 170m defense contract with BAE Systems.