Thank you, good morning, everyone, and a warm welcome to our quarterly presentation for the fourth quarter of 2020. Together with me today, as always, our Group CFO, Stefan Nelson. Good morning, Stefan. Hey, good morning, Gustaf. Let's head on to our Q4 highlights. In the fourth quarter, our revenues amounted to EUR 98.4 million, and that's an increase of 14% organic growth. During the quarter, we continued to innovate and invest in growth, but we also delivered an adjusted EBITDA of EUR 11.5 million. We continued to focus on profitable growth, and year to date, our adjusted EBITDA is up 25% compared to last year. I also would like to mention that our cash flow strengthened with almost 90% compared to last year. We had about 45% locally regulated revenues. Depositing customers, 24% higher than last year, and new depositing customers growing with 15%. All in all, I believe it's a solid quarter for the most of our KPIs. If we look at the full-year of 2020, despite a lot of regulatory challenges, I think we managed to grow our revenues with 9% and our adjusted EBITDA with 25%, ending up on EUR 387.5 in revenues and EUR 55.4 in EBITDA, and also close to 750,000 new depositing customers during the entire year of 2020. Slide five here, these are our quarterly revenues from the launch of LeoVegas, just to show you the trend in our business. I'm proud to say that we managed to reach these revenues of close to EUR 100 million during last quarter, despite some challenges in particularly the German markets. Let's have a look at our product mix during the quarter. Classic Slots, this is basically our slot games, 75% of our revenues. Live casino, 16%, and sports, 9%. Sport is back on the historical levels at this point. Business update. Q4 has been our most intense quarter ever in terms of innovation and startup innovative features and products. Here are just a few examples of what we've done. Let's start with LeoJackpot. This is a true industry-first innovation with our own unique jackpot. This is unique just to the LeoVegas and LeoVegas brands. It's one of the largest jackpots in the world within online casino. Right now, the Mega Jackpot is up around SEK 60 million and above SEK 60 million. Open banking. For you who haven't heard about open banking before, I can tell you this is one of the largest changes in the banking and payment industry. The cost of doing transactions is a fair chunk of our costs. With open banking, these costs will be reduced significantly. First out, we launched open banking in the U.K., and in a couple of months, with 15% of all our new depositing customers and around 30% of all our returning depositing customers are now using the open banking for us in the U.K. This is actually without any marketing at all towards these customer groups. We believe it's a really, really strong start and a good start of our open banking venture. I also like to say that open banking is one of the benefits of being on regulated markets. Of course, we're following the technical shift throughout Europe, and all other countries in Europe will adopt open banking sooner or later. More will come. Brands and products. During the quarter, we relaunched Royal Panda in Finland on the group's own platform, and also Pink Casino was launched in Canada. On the product side, we launched Bingo as a separate product vertical, and we believe that Bingo is a simple and fun game for a lot of target groups. We also made up a couple of exclusive games, and one of them, the Iron Bank, which is created by one of the companies within the group, Casino Grounds, was launched in multiple markets and had a great success. Some other business updates. Well, we managed to secure a long-term and diversified financing with a combination of bank and bond loans. EUR 40 million in renewed bank loans and SEK 500 million in a bond. That gives us a strong balance sheet, and we have around EUR 40 million in bank facilities that are currently underutilized, which gives us flexibility to grow organically or if we find anything of interest to acquire on the markets. Then LeoVegas have changed our interpretation of the calculation of the gaming tax in Denmark, resulting in EUR 3.5 million in non-recurring costs, which is affecting our EBITDA in Q4. We also decided to migrate Royal Panda onto the group's platform and therefore took a one-time write-down of all intangible assets related to the Royal Panda platform, which is EUR 1.9 million during Q4. After that migration, all of our brands will be on our own platform, and that gives us a great scalability, a real strength for the group. For Royal Panda, it also gives access to the entire suite of games and payment suppliers, which essentially creates a better product for our customers. Continue with Responsible Gaming. Responsible Gaming is and have always been an important part of LeoVegas business. We continuously invest in our capabilities in order to make sure that gambling is entertaining and to have a healthy relationship with our customers. We're doing this with the help of technical solutions such as in-house developed algorithms, where we can follow customers' behavior in combination with personal interaction. When identifying unhealthy behavior, we guide customers to use different tools. Here we are pleased to see that 84% of the customers that we contact change their behaviors. We know that customers who use our RG tools and set thresholds are more loyal customers in the long run. I think the industry is developing in the right direction, and if you look at LeoVegas and our database and our customers' spend in average, which is SEK 600 - SEK 800 on monthly basis, I think it's comparable to a cinema visit for a family, maybe a dinner at a restaurant or a TV package with sports rights. We believe in a long-term, sustainable and healthy relationship with our customers. This is a general trend in our industry with more regulated markets and an increased customer protection, a development that we are welcoming, and we are using this field as a competitive advantage as well. Let's have a look at our markets then. A couple of market comments then. The Nordics stands for 36% of the group's revenues, which is EUR 35.3 million. In Sweden, we saw a negative impact relating to the temporary restrictions while our customer days actually reached an all-time high during last quarter. The temporary restrictions, they are extended to the end of June 2021. The Swedish government has appointed an inquirer to strengthen the work against unlicensed gambling and match fixing. I've talked a long time about the importance of B2B licenses for the gaming suppliers and payment suppliers in Sweden, and I'm happy to see that these discussions are now taking place. Other Nordics. Positive growth in the Nordics region when we exclude Sweden. A reminder that the gaming tax in Denmark was raised from 20% to 28% here in January. Continue with the rest of Europe. Rest of Europe stands for 47% of the group revenues with EUR 45 million. In Germany, restrictions implemented from the 15th of October and 15th of December. This is part of the regulation process. It had a negative impact relating to the restrictions during the time. We believe that we've taken the hit in Germany and that we expect to grow from these levels here in January and February. At the same time, we're surprised that there are operators not adjusting to the German restrictions. However, the 1st of July, everyone needs to adjust. Then there will be a level playing field. As in all markets, it's important to achieve a high channelization. Hopefully German authorities will take strong actions to maintain a high channelization by taking measures against the unlicensed market. Of course, we expect to receive a German license once these are available. We have a long-term view on Germany as an important market for LeoVegas. If we have a look at the rest of Europe, what's also important here is to point out that we are more diversified than ever, and as an example, I would like to raise Italy. It's a true success story by now and one of our top markets. Italy is growing really a lot. Overall, a solid performance in the segment rest of Europe. Also focus to grow U.K. in 2021. Because U.K. 2020 was a year of change in the U.K. for LeoVegas group with migration of all our U.K. brands and changes in the organization. I do feel that we have a strong foundation in U.K. in place for future growth now. Okay, rest of world stands for 17 of the group revenues with EUR 16.1 million. Most key markets continue to deliver solid growth with Canada and Japan being the key drivers in rest of world. Let's have a look at return to shareholders and the dividends. There's a proposal of SEK 1.6 to be paid out quarterly, and that's an increase of 14%. During the quarter, we also repurchased shares for approximately EUR 5 million, and the current share buyback program is valid until the annual general meeting, which is the 11th of May. A strong start, solid start of Q1 with a 9% growth despite that we took the full hit from the German regulation in January. I think this shows great strength in our business, and that we are able to show good growth in other markets as well. January ended up with EUR 32.5 million in revenues, and that's a growth of 9% compared to January last year. With that, I'll lead to you, Stefan, to run the business KPIs. Thanks, Gustaf. Great. Let's move over to the business KPIs. As always, let's start by looking at our most important KPIs, which is our customer base. If you look at page 18, we had another strong quarter of customer acquisition and retention. Our actives or new depositing customers increased by 24% year-over-year, while our recurring customer base grew by 31% year-over-year to new all-time high level in Q4. Meanwhile, our average player value decreased by 6% year-over-year, but was up a bit sequentially. As we have said before, as Gustaf mentioned earlier, we see a higher share of leisure players in our player base. We expect this trend to continue. We feel now that with a player value of about EUR 70 per month in average spend, this is really healthy levels looking forward. If you take the next page, moving over to our deposits and NGR. Our deposits were up 11% in Q4. This, of course, primarily reflects our rapidly growing player base. The deposit growth has fed through to our NGR, which has grown by 16% year-over-year and 12% sequentially versus Q3 to our second highest level ever, only beat by Q2 this year. Meanwhile, our game margin was higher than our historical average. This is supported by favorable sport results, while our hold was in line with historical average levels. If we turn to our marketing and our customer acquisition cost, our marketing spend in Q4 at about EUR 36.7 million is actually our highest level ever. As we said before, we have a lot of growth initiatives going on, and investments in Q4 include seasonal campaign to have a Christmas marketing in relation to new launches, as well as some timing effects. Marketing cost in relation to revenues increased to 37.3%, which is up versus 34.4% in the year before. Meanwhile, our customer acquisition cost increased 14% quarter-on-quarter and 7% year-on-year. This primarily reflects year-end marketing campaigns where we've done some substantial offline campaigns, which has longer-term ROI. Overall, we continue to see good return of investment in our marketing investments, and we'll continue to have a growth-oriented spend level in 2021. This takes us over to our financials in Q4 and for the full-year. If we start with our adjusted EBITDA, in Q4, it came in at EUR 11.5 million and it reflects an adjusted margin of 11.7%. As Gustaf mentioned, this also implies 25% growth year-over-year during Q4. Meanwhile, our reported EBITDA in Q4 landed at EUR 8.0 million, and the reported number includes EUR 3.5 million in the non-recurring provision, and this relates to new assessment of Danish gaming taxes for previous periods, where we now have been very prudent in our assessment. Just to give some flavor, is that the company has performed an internal review of the gaming taxes in various markets. As a result of this, we have changed our estimation of the tax calculation and the tax base in Denmark. This provision is then reported as an item affecting comparability. To give some more granularity, approximately EUR 0.6 million of this one-off cost relates to the first three quarters of 2020 and would normally have been included in the expense line gaming taxes. In Q4, the underlying results and adjusted EBITDA kind of includes the new tax base and tax assessment. Moving over to the full-year, our adjusted EBITDA was EUR 55.4 million. That also is equivalent to growth of 25%. As you can see, and as you've seen in the past, our profits can be volatile between quarters, and it's related to different investments in marketing and also, of course, scalability on revenues. Long term, I think we have proven our ability to generate stable and growing EBITDA over time, which you can see on the right-hand side of page 22. Moving over to our EBITDA build-up and seeing the differences between Q4 versus Q3. We can also see that, of course, the increase in revenues has been favorable for us in Q4. This has also driven an increase of direct costs, including gaming duties and increased cost of sales. Important to point out that although our cost for suppliers, payments, and products has increased in absolute terms, it is lower in relative terms, which is positive. Our marketing spend has increased, as I talked about before. Our personnel expenses increased slightly from Q3, but that's mainly due to seasonality, and our other operational expenses have normalized from what I would say was exceptionally low levels in Q3. That leads us to our adjusted number of EUR 11.5 million. Turning the page, and just looking at the EBITDA down to net income on adjusted level. The adjusted EBIT for the period landed at EUR 8.7 million. That excludes the amortizations we do relating to previous acquisitions. The reported EBIT, which was minus EUR 0.8 million, on the other hand, includes those EUR 4.1 million in amortization relating to intangibles, also the write-down that Gustaf mentioned of EUR 1.9 million. That is solely related to our decision to migrate off the Royal Panda platform. Now, following this one-time write-down, we don't have any more intangibles related to the Panda platform. Finally, it takes us down to an adjusted net income for the period of EUR 7.6 million. Over to cash flow. We continue to generate strong cash flow. If we look at cash flow from operating activities before changes in working capital, that landed at EUR 8.1 million. That's driven primarily by the underlying EBITDA. Meanwhile, the changes in working capital resulted in a further inflow of EUR 6.3 million. We also had an income tax refund of EUR 6.5 million, which is not kind of recurring every quarter, unfortunately, but it supported the cash flow in Q4. During the quarter, we also amortized the old bank loan, which was a EUR 50 million return. We also issued a new bond financing. That kind of evened out. We also did share buybacks for around EUR 5 million. That leaves us at the end of the quarter with a very solid financial position with cash at the end of the quarter at EUR 63.3 million or EUR 47.5 million when we exclude the player balances. Next page, also just a few comments on our financial position. I would say that we have never been stronger than we are today with a strong cash flow generation profile. We now have leveraged down our debt so that we currently basically are unleveraged. Our net debt to EBITDA is at 0.0 x in relation to the 12-month adjusted EBITDA. That's of course despite paying out the dividend and doing share buybacks in Q4. If you look to the right, you can see that we have, over time, been consistent in delivering a strong cash flow generation with over 100% cash conversion during the past 12 months. Finally, to sum up the year from a financial perspective, looking at our financial targets, I think we feel that we have delivered solidly on most of our targets during the year. If we look at our long-term organic growth, that should outperform the online gaming market. We are confident that we have outperformed in the markets that we are active in. If we look at our EBITDA margin, we didn't reach the 15%, but we're not far away. Now we're at 14.3%, and this is of course a long-term target, but we are very close to that despite kind of investing a lot in growth. Dividend we have consistently paid more than our target tells us to do. Finally, we have also announced a new target, the leverage target that our net debt to adjusted EBITDA should not over the long term exceed 1.0 x. It can, however, under certain circumstances, exceed that if we, for instance, will do a big acquisition. As I said before, we are far from this target. We are at 0.0 x. With that said, I'll leave the word back to you, Gustaf, for some concluding remarks. All right. Thanks, Stefan. Let's summarize before we open up for the Q&A session here then. Q4 revenues, EUR 98.4 million. That's a 14%, excuse me, organic growth, and EBITDA of EUR 11.5 million. We also had a 25% EBITDA growth during Q4, as well we did actually for the full-year of 2020, with revenues of EUR 387.5 million, 9% growth, and adjusted EBITDA of EUR 55.4 million. Again, we launched several innovations during the last year and then the last year, such as open banking and the exclusive LeoJackpot. There was some negative impact at the end of the year and also in January from German regulations. We think that Germany remains a great opportunity post-regulation for us. Long-term and diversified financing in place. The combination of a bank loan, EUR 40 million, and a bond of SEK 500 million gives us a really strong foundation for 2021 as well. A dividend proposal of SEK 1.6 per share and a solid start to Q1. January revenues of EUR 32.5 million, that's a 9% growth. I think we're more diversified than ever with more markets, brands, and innovation contributing to our revenues. Of course, despite some challenges in some of the larger markets, I think the start of 2021 shows great strength. With that, I'd like to open up for the Q&A session. Thank you. Ladies and gentlemen, we will now begin the question- and- answer session. Our first question is from the line of Martin Arnell from DNB Markets. Thank you. Please go ahead. Hi, guys. Good morning. Good morning, Martin, we can't hear you. Operator, could you please help out here? Okay, I think his line got disconnected, sir. We'll just go ahead to our next question. It's from the line of Hjalmar Ahlberg from Kepler. Thank you. Please go ahead. Thank you. Yeah, of course. Maybe I'll first a question on Germany, which is very interesting to try to understand development there. As you said, you had some changes already in Q4, but it looks like Q4 was still okay, and also that January has started out pretty well. I don't know if you want to disclose the size of Germany still, but can you say if it has changed significantly versus the revenue you said in Q3 of 70% in Q4 and Q1? Well, all in all, we implemented a lot of the restrictions in October and December last year, so Q4 was affected from Germany. Of course, you could see the full effect in January, because in Q4, you had October, November, which was not that affected from Germany. Mostly December was affected. We also disclosed that it had a negative effect around 50, 55, maybe up to 60% some of the weeks. In January, we believe that we've found a new level, and we're growing from there. We're growing from January, February, and so on. Okay, got it. Thanks. You also mentioned that in some other markets are growing fast, Italy, for example, which has been a top five here. I guess this is somewhat driven by COVID-19 lockdowns. What kind of risk of a reversal do you see here, maybe looking into the second half of the year or so, in Italy and maybe other markets that have this same kind of positive impact from lockdowns? Well, I think Italy is a great example, and as you know, only 10% of the market is online in Italy. There is a lot of growth still in Italy. Even if Italy opens up later on, I think a lot of people will have found a way to online and they would still online, have a dual sort of both start playing or continue playing online and then of course, go back a little bit on the social side offline. We see that in a few other markets as well. For this quarter, I wanted to just raise Italy as a great example. Got it. You mentioned the U.K., that you are becoming a bit more positive and expect growth for 2021. What's the kind of strategy to this growth? Is it just to increase marketing, or can you explain some more about that? Yeah, sure. If you look back on last year, in Q1 and the start of Q2 last year, we did a migration in the U.K. We migrated all the brands, I think at that time, 12, 13, maybe 14 brands onto our own platform. Which of course gives us great scalability and then sort of alignment within the organization when it comes to CRM, marketing, and legal, et cetera. There is a lot of positive synergies from that migration. Of course, we see that changes taking place start off well from Q2 and onwards, Q2, Q3. We can see a sequential growth in the U.K. That's promising, I would say. Got it. Maybe a question on the other market that's ongoing regulation in the Netherlands, which is, I guess, small for you, but there's been some different views on that. For example, one thing is the use of the customer database. Do you have any information if you can use this when the market regulates, or if you have to start from the beginning with your customer database when that market regulates? Well, as in many regulating countries that are about to regulate, there are rumors in the market, there are discussions going on and so on, and we don't know to date what actually is going to happen in the Netherlands and how it's going to play out. I don't really want to comment on that, but hopefully, of course, we will be able to use the database and the customers that we already have got in the Dutch market. Otherwise, I think LeoVegas is still a really good brand that could really attract customers in the Netherlands with the orange color and the lion, et cetera. That will be really strong brand for the Dutch market. They are very mobile-savvy as well, so I think we will have a great success there when it opens up. Thanks. Maybe just the last question on the outlook for 2021. Did you expect any new market launches, and are you looking more into potentially launching anything in the U.S.? Well, yes, we mentioned it before. We are looking closely at the U.S., of course, following what's happening there, and that's not a secret. I hope that we can talk more about that. Also there will be other markets as well. At the same time, we will continue to invest in our product. I think that's extremely important, a little bit to dig where you stand, get better on the payments, getting better on the supplier side, gaming supplier side, et cetera. Invest in the products and the greatest gaming and greatest customer experience for LeoVegas. Okay, got it. Thanks. Thanks, Hjalmar. Thank you, sir. Our next question is from the line of Martin Arnell from DNB Markets. Thank you. Please go ahead. Yeah, sorry, I was disconnected there earlier. I don't know if you touched upon it while I was away, but the Q1 growth so far, if you could just give some flavor on what is balancing the weakness in Germany and Sweden. Thank you. I think most of our markets are doing really well, and we highlighted Italy here and there is a few others that are close to the growth as we've seen in Italy. It's several markets, actually, well, all of the markets besides then Germany, which, of course, took the hit then in December and in January, I would say. Is it your new initiatives in these markets that is working good, and also the rest of world region, how is that progressing? Well, we don't really comment that specifically in our current trading. I could tell you that the LeoJackpot has been a great success, lifting the entire sort of all markets a step up. Okay, thanks. On the rest-of-world region, the growth level you were on in Q4, is that a decent sort of target moving into 2021, or do you expect to accelerate that even more? That's a good question. I think we see a pretty healthy balance as it is right now, but you never know. Yeah. Okay. A question on your open banking system initiative. I think you mentioned some numbers there. Could you say how much cost it has reduced so far for you in the U.K.? The thing is, we are extremely happy about this initiative, and we're also extremely happy that we are the first ones out in this industry to utilize open banking. U.K. is one of those countries, or I think according to my payments team, the country that are in the forefront in Europe when it comes to open banking. That's why it was launched in the U.K. during November, December. We already can see like 15% of all new customers using our open banking transaction system and 30% of all returning customers, old customers in the U.K. are doing it. I can't give you any specific numbers, but it's really a lot lower costs when we're doing it. Also note that this is something that we developed internally together with a third party, but most of it's done internally. It's again, an innovation and a product initiative that came out of the LeoVegas group. It sounds really exciting. When will you launch it to other markets than the U.K.? I guess Sweden could be interesting, for example. Yeah, we're following the trends in Europe, and as soon as the banks opening up, there is pressure on the banks to do it. We are currently evaluating what country is going to be the next step. Might be the Nordics or Italy or Spain or somewhere else. We'll see a little bit. I'll let you know. Yeah. Thank you. Just a final question to you, Stefan. Looking at your cash flow improvements, could you share some light on sort of what you're doing there in terms of working capital management and just any flavor could be helpful there. Thank you. Thanks, Martin. No, sure. I think this business model is, of course, very favorable in a cash generation perspective, but we have also worked quite consistently in improving the working capital. I was not super happy with the kind of working capital progression a year, 18 months ago, and have worked a lot, not least on the payment side, to bring back our balances and work with the faster settlements, et cetera, instead of having our balances on third parties. I think that's a big improvement. Of course, this is something we continue to work on. I don't think that we will see 125% cash conversion over time, but I hope that we can keep it at the 90%-100% levels in relation to EBITDA going forward. It's a lot of grinding, to be honest. Perfect. Thank you, all. Thanks, Martin. Okay. Are there any more questions? There are no further questions on the phone line, sir. Please continue. Oh, there is a question coming in from the line of Mathias Lundberg from SEB. Thank you. Please ask your question. Thank you. Good morning. Can you hear me? Yes. Good morning, Mathias. Great. Thank you. Many good questions. Just a few follow-ups from my side. Could you perhaps comment on the game win margin in the quarter? I noticed it was higher than usual. Was it sportsbook driven or casino driven, temporary, or did it continue into January? Some flavor there would be great. Maybe I should leave it to you, Stefan, to comment on that one. In general, the game margin are fluctuating throughout the quarters and so on. It might be a natural variation, but maybe you can give some more flavor to it, Stefan. I wouldn't say that it's anything specifically related to game margins in January. I don't think it's deviating anything dramatically versus Q4, for instance. What I do think is that maybe we are seeing a slight structural improvement in game margin when our player base is changing, to be honest, to more of a casual player base. That has probably, over time, had a positive impact on margins. It's not anything that is specific to January. Okay, in Q4, what was the driver there? As I said before, definitely there is a positive impact on sports betting margins. It's not massive. As I think we've seen from other companies as well, the sports betting margins have been quite favorable during Q4. Great. Thanks. A more general question that, over the past maybe couple of years, maneuvering the regulatory landscape has been quite a big part of your job, I understand. Do you feel that now as we go into 2021, that there's more of a steady state, or do you think there's still going to be some disturbances? Just your view on that would be quite great. Maybe Stefan Nelson, you can take that question as well. Yeah. Sure. I guess it's the million-dollar question, right, Mathias? I think we're in quite many regulated markets. In general, I don't think you could say it's a stabilizing, it's rather maybe a maturing markets, maturing regulated environments where the countries that we're operating in are in different phases or states. I think we're still seeing some of our major markets in the process of regulating. We have Sweden, which is still quite the new and immature regulation. I think it will still be a few years until we get that kind of stable landscape. On the other hand, we are getting better and better at operating and navigating in these changing landscapes as well, of course. We are getting more experienced. Of course, we are also more diversified, we can handle sudden changes in a better way than a few years ago. I think that would be the difference. To say stable, that would maybe be a bit too naive, maybe. Yeah. I hear you on that one. Great. Maybe just a last one. I'm a bit curious to what are your focus markets right now in the rest of world expansion? What are the most important markets in that journey? I believe Canada is really interesting and growing really good for us, and there might be a few others. Not to mention any other, but yeah. I gave you one answer. Yeah. Okay. Thank you very much. I'm happy with that. Thanks, Mathias. Okay. Any other questions, or? No further questions, sir. Please continue. Okay. There is one or two web questions here. Stefan, have you read these ones as well, or? Yeah. Regarding the regulation in Germany, can you mention anything about the ban on table games, et cetera? Yeah, exactly. There is a lot of different restrictions. Question is also kind of mentioning which ones we have implemented. We have, of course, implemented all the regulatory changes that are required of us. I know that some operators in the market are treating this differently, but we have taken the prudent approach and done all the restrictions, taken away free spins and auto spin features, et cetera. That's, of course, what's hurting us right now when not all operators are behaving the same. Okay. There is a question around U.K. Are you aware of the massive increase of interchange from 0.3% to 1.5%? Maybe that's related to credit card processing costs. How will you address these? Well, again, we have our open banking solution, which are taking grounds in the U.K. Hopefully that will mitigate that effect from our end. Of course, that will affect other operators in the U.K. There is a question around the effect of COVID-19 lockdowns, and well, we've seen that effect throughout the entire year in various ways. If you look at some countries have introduced restrictions, like Sweden, to some extent U.K., and now what's happening in Germany and so on. Other countries have less restrictions. I could say almost all of the regulated countries have some kind of restrictions with marketing bans or other kind of measures. That, of course, has affected us. I think in the long run, because we also got a lot of new customers during the year because of the lockdowns of land-based casinos, et cetera, and these customers will hopefully stay on. I think at least half of them will stay online, and then another half will probably have a split sort of between continue playing online and some going back playing a little bit offline. All in all, I think the entire industry is taking a couple of steps up and then moved forward a couple of maybe 12, 18 months or something because of the lockdowns, all in all. Yeah, a huge effect in various ways. That's actually the web questions that I could find. Are there one more, maybe? Nope. Okay. That was all the questions here. If there's no other questions online, I would like to wish everyone a happy day today, and let's see you in the Q1 report later on in May. Thank you all for listening in. Thank you.