Lime Technologies AB (STU:LTX)
€ 29.9 0 (0%) Market Cap: 410.80 Mil Enterprise Value: 428.94 Mil PE Ratio: 53.70 PB Ratio: 15.32 GF Score: 93/100

Q1 2021 Lime Technologies AB (publ) Earnings Call Transcript

Apr 27, 2021 / 07:30AM GMT
Release Date Price: €37 (-9.18%)
Erik Syren

Good morning, and welcome to Lime's Q1 update. My name is Erik. I'm the CEO at Lime. And actually, this is my last week as the CEO. Friday, I will leave it over the responsibility and our new captain, Nils Olsson, he will also be our presenter today.

Nils Olsson;publ;President;CEO
Lime Technologies AB

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Yes. Thank you, Erik. Really look forward to it.

Erik Syren

Perfect. So let's start then. Lime, we are developing and selling CRM software. We have today 8 offices in the Nordics and also in Netherlands. During the last 12 months, we have reached a turnover of SEK 348 million and an EBITDA of SEK 103 million. During the last 20 years, when I have been a part of Lime, we have accomplished 90% growth in average per year, with 25% EBITDA margin in average per year. Today, we are a SaaS company, and the majority of our revenue are recurring revenue.

And we have a low-risk in our customer portfolio, in our customer base. We're not doing deals with one customer.

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