freenet AG (OTCPK:FRTAF)
$ 26.87 0 (0%) Market Cap: 3.67 Bil Enterprise Value: 3.78 Bil PE Ratio: 14.73 PB Ratio: 2.36 GF Score: 60/100

Preliminary Q4 2022 freenet AG Earnings Call Transcript

Feb 23, 2023 / 09:00AM GMT
Release Date Price: $24.84
Operator

Good morning, ladies and gentlemen, and welcome to the Freenet conference call regarding the preliminary results of the fiscal year 2022. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Christoph Vilanek. Please go ahead.

Christoph Vilanek
freenet AG - Chairman of Executive Board & CEO

Good morning. Thanks for the introduction. Good morning, everybody, ladies and gentlemen, to our today's conference. In ultra addition, we immediately start with our presentation. You've all seen the documentation that has been published yesterday night. -- but we will give you the opportunity to discuss some more detail. Going into it on the financial guidance level, you've seen that revenues have been stable. This is kind of our old way to look at the business. Within these revenues, there's still approximately EUR 300 million hardware revenues in there, which are not really contributing margin. But nevertheless, we are on a stable level. Even more important or very much more important is the development on the

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