Q3 2024 Sensys Gatso Group AB Earnings Call Transcript
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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.
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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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