Sebastian Karlsson

It's a revenue-based loan, which is quite new here in Sweden.

And we just took that money and put it into R&D for us to take a bigger share of wallet from our customers.

Because there are so many analog processes today in this business that we can...

digitize so much more.

So I think our NRR will be a key KPI for us to improve our business.

We have 45 customers today.

And most of them is project developers, but we also have some construction companies who is buying our product.

Yeah, your math is good.

Round 2 Capital.

capital yeah so they are based in in in austria but they are the founders is ela has a history of sweden and also we have a good relationship throughout the history with with the serendipity as the incubator behind homemaker as well

I think you were quite spot on.

I will not say exactly what our terms are, but you are really, really in the range where we pay.

But we finance that because we have, if you look in what will the range be for price index rates per year, we are actually paying our mortgage or the

the interest with our price index raised every year.

Price index.

We always raise the price index every year for our customers.

Yeah, I know exactly.

So if we take, for example, $1,000 per month in one year, and then the following year, because we have quite long contracts, so even when they extend or have a longer contract, every year we raise them by X percent.

I will not go in exactly how much the percentage is.

No, they're built into the contract.