Yubico AB (YUBCF) Q3 2025 Earnings Name Transcript

Operator

Welcome to Yubico’s Q3 2025 Report Presentation. [Operator Instructions]

Now I’ll hand the convention over to CEO, Mattias Danielsson; and CFO, Snejana Koleva. Please go forward.

Mattias Danielsson
CEO & President

Good morning, all people, and welcome to Yubico’s Q3 report name. I am Mattias, CEO of Yubico. And with me at the moment is Snejana Koleva, our new Chief Monetary Officer, and we’ll take you thru the fabric. And several other of you’ve in all probability been attending these calls earlier than. However as all the time, we’ll begin with a fast overview of the corporate and earlier than we get into information and particulars of the monetary report. So when it comes to the agenda, we’ll begin with the corporate overview.

So Yubico is a proud {hardware} firm, and our core product is the YubiKey. And what we sometimes prefer to stress after we speak about our development at the moment is the truth that we’re the world chief in trendy multifactor authentication. And our prospects who’ve deployed our keys and a contemporary protocols on the keys have skilled 0 account takeovers. And naturally, we wish to preserve that approach. In order that’s the idea of our success. We’re a {hardware} firm. However regardless of that, we have been in a position to preserve wholesome gross margins fairly constantly within the 80% vary over the previous variety of years.

Second factor we might prefer to brag about is the purchasers that we’re working with. We have been promoting to about 5,000 completely different enterprise prospects, however our focus has been on promoting into the biggest corporations on this planet. And as we