Sensys Gatso Group AB (OSTO:SGG)
kr 56.4 -1 (-1.74%) Market Cap: 650.31 Mil Enterprise Value: 808.92 Mil PE Ratio: 60.58 PB Ratio: 1.02 GF Score: 80/100

Q3 2024 Sensys Gatso Group AB Earnings Call Transcript

Nov 15, 2024 / 09:00AM GMT
Release Date Price: kr55.3 (-10.23%)
Operator

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(Operator Instructions)

Now, I will hand the conference over to speakers, CEO, Ivo Mönnink and CFO, Simon Mulder.

Please go ahead.

Ivo MÃ;nnink
Sensys Gatso Group AB - CEO

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Good morning and welcome to Sensys Gatso's market presentation of the third quarter of 2024. My name is Ivo Mönnink, I'm the CEO of Sensys Gatso and I will be presenting to you together with Simon Mulder, our CFO.

In this quarter presentation. I will provide you with an update on our business for the third quarter of 2024. We then follow up with a financial update by Simon and finally, I will finish this presentation with a summary and our outlook.

Let's now look at an update of our business. In this business update, I will take you through our order intake where we now year-to-date have 13 new contracts in the USA. Our backlog which includes SEK1 billion of large orders in our home markets, our recurring TRaaS revenue, which is 70% of total revenue, this quarter. Unexpected legislative changes in Iowa

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