As always, some highlights of the quarter. We closed with an ARR of SEK 116.2 million, a growth of 44%. It is still somewhat challenging with sales, with sales cycles a little bit longer than it used to be, but we did, I would say, quite well. 44% growth is strong in this market, a nd it's a very short quarter, third quarter. Actually, I would say it's only six weeks with normal business, and sometimes it is a coincidence which kind of where the, where the deal is gonna close, it's gonna be in September, October. So we did a very, very strong October. As most of you know, we also report on a monthly basis our ARR, and the ARR end of October was SEK 120.5 million. Sorry. The ARR to sales ratio, 127%. We are an ARR first company. We have very little one-off and non-recurring revenue. The net and gross retention was 111% and 90% end of the quarter, and we had slightly about 36,000 paying users end of Q3, up 34% year-over-year. First, to those of you that are new to Oneflow, we always just spend 2 slides to give you some idea on what we are doing. So we have an contract for, a platform for handling contracts, all kinds of contracts, HR, procurement, sales, and so on, and we do the whole process from start to finish. You can build powerful templates inside our web editor. You can collaborate in real time with your counterparties, make changes, audit trail listing who did which change, when, and what. You can, of course, sign, and when the contract has been signed, you can manage your contracts inside Oneflow. You can be notified on key events, and you can build powerful reports and work with the data inside your contract. So the e-signing part is a very small part of what we do. Where we put our focus, our energy, is in the pre-sign and post-sign stages. We also have some AI capabilities, and more to come in that space. Super interesting. Since we work with HTML contracts, the data is alive, so you can do powerful stuff with integrations, which is not possible if you have PDF-based contracts. Because PDF is a picture, picture of paper, and the data inside a PDF is dead, b ut with Oneflow, the data is alive, so you can do very much with the contracts when you connect to other systems. We have three sales channels. Direct sales, high touch, in both outbound and inbound. Here, we focus mainly on bigger accounts. Partnerships is growing. Medium touch, we have different plans for different kind of partners. Examples of partners could be HubSpot and Upsales, Teamtailor, a local CRM vendor, or a consulting company working dedicated with one of the big, big CRM companies, examples of the bigger partners, a nd then the third sales channel is self-service, low touch, no touch, and that comes in two flavors. Marketing-generated traffic to our homepage, and some of that traffic sign up for a freemium, and again, some of those again will go for a paid plan a nd the second flavor is when the product drives this traffic. So a Oneflow user sending a contract to a counterparty that later on decides to convert to a freemium and then again to a paid plan. We also had a very interesting quarter when it comes to feature releases. I will walk through some of the main releases that we did during the quarter. Even though we are in favor of interactive contracts, we do support PDF contracts, a nd some customers that are not ready to take the step into, like, full-blown HTML contracts still work with PDF contracts in Oneflow, and we did a huge update to that kind of module in Oneflow, so you can do more stuff with the PDF. You can highlight and search stuff inside a PDF contracts. Inline comments has been a very important feat- fe- feature for us, and we have been working on it for a long time. It's a huge, huge feature, and most customers wanted a feature. So now it's possible to make inline comments on the content in the contract, and you can filter on what is still open, what has been resolved, and so on. HiBob is a quite big international player in the HR space, it's a fast-growing company, and we launched integration to HiBob in third quarter. So we can push data back and forth between Oneflow and HiBob. Microsoft 365 integration was launched as well in the quarter. So now it's possible to actually create, send, and track contracts directly from Word and PowerPoint for those customers that still want to work with the Office programs for some time before they do the kind of conversion into full-blown HTML contracts, which is the future. We did several improvements to our HubSpot integration, and actually, we have heard from several of the consulting companies, international big players, even the biggest U.S.-based HubSpot consulting company, and HubSpot themselves, that Oneflow has the best e-sign/e-contract integration in the market. We have the best e-contract integration in the market, according to several big, big players in the space. We already knew that, of course, but now we have it from a lot of different sharks in the space as well. We made some improvements to our SuperOffice integration. We also launched e-signing, or more advanced e-signing, in several countries, like Netherlands, Belgium, Estonia, Lithuania, and more countries as well. We also launched biometric signing in Sweden. More to come. Yeah, and some smaller stuff as well we did during the quarter, like Italian language and so on. After the end of third quarter, in October, we also launched Freja eID. So now it's possible to sign with Freja eID in the European Union, U.K., and Ukraine. Net new ARR closed in at SEK 5.4 million for the quarter. This was a slight decline from SEK 5.8 million third quarter last year because of currency fluctuations. So if the currency had been the same over the last 12 months, it would actually have been a slight increase, not a decrease, but increase. In October, we had a gross new ARR of 5.6 million, and this was actually slightly behind our all-time high gross new ARR of 5.7 million that we made in June this year. So some of the deals that we expected to close in the third quarter came in in October instead. Sales cycles, as I said, is a little bit longer these days than it used to be. So we nudged the all-time high record in October this year, which is also very impressive because the first month in a quarter is usually the weakest, and then it gets better and better during the quarter, a nd our all-time high, which we set in June, was in the third month of course the second quarter. So it looks very promising for Q4. Overall, we have a very strong pipe both in new biz and even in expansion sales. We say that we are actually very satisfied with how it's performing at the moment, considering that it is a little bit tougher out there today than it used to be. This climate has been like it is now for, I would say, around a year, 12 months, we saw the shift. If we zoom out and look at the total, we have an ARR of SEK 160.2 million end of the quarter, 44% growth, SEK 120.5 million end of October. As we've said before, if we look at the growth we had in 2021, it was also a little bit higher than maybe kind of normal because one year earlier, you had the start of the pandemic, which, t hen the growth was a little bit slower again. So that was why it ticked up in 2021 to, like, 75%-80% growth, a nd we also opened 3 offices last year in London, Amsterdam, and Paris, and that has taken a lot of energy from our senior staff and management during, like, the last year. So that has, of course, also impacted somewhat the growth overall because we have used our kind of top performers, top salespeople, senior staff, to train and work on our new teammates in Europe b ut still, 44% growth end of Q3 in this environment is very, very strong, and in October, we had a year-over-year growth of 40%-45%. So actually, it ticked up again a little bit. Gross and net retention. Gross retention includes churn and downgrade, but not expansion, and net retention includes churn, downgrade, and expansion. So as we've said, the sales cycles are longer these days than they used to be, and churn a little bit higher, and expansion a little bit lower. We have said before in these meetings that the main reason for the churn has been smaller companies with a weak balance sheet churning, and larger companies laying off people, employees, that downgrade. This is still the case, the same pattern, a nd also competition is constant. That's not the reason that the rates, these rates are declining. The reason for the decline has to do with the recession. On a monthly basis, the churn has been relatively stable during the year, and we expect both the net and gross retention to pick up again as soon as the underlying fundamentals improve. I would like to remind that in a normal market, historically, if you look back a year, a year or two and more, we have been lying quite stable with a gross margin in the range 94-95 for a very long time, and also the net retention around 115-120. This is where we expect to be when we get back to a more normalized market, and we have a very strong expansion pipe for the fourth quarter. ARR per user has increased now for, yeah, five quarters. It's up 8% year-over-year. We did a price increase third quarter last year a nd so we worked on a lot of renegotiation and so on with old customers, and it works well. It has been received well, I would say, the new price plan. So we don't have any plans to make changes to that one, to that in the near future, and we expect our ARR per user to continue and increase going forward. 36,100 paying users end of the quarter, up 34% year-over-year. Moving on to net sales. We ended up at SEK 26 million by the end of Q3, and this is representing a growth of 44% comparing to the same period last year. The majority of our net sales is maintaining of software-related recurring revenue, which stands for 97% of the net sales, and the remaining 3% is connected to our professional services. If you look at the net sales outside of Sweden, we ended up in Q3 at 29%. That's a growth of 4% comparing to the same period last year. What we see is that as we become more and more established in other markets, the increase of sales outside of Sweden is increasing, and our expectation is that it will continue to increase going forward. High gross margin. We continue to have a high gross margin, ending up in Q3 at 94%. Looking at the gross margin, our largest cost of service expenses is connected to commission to our partners, and this is a percentage that is increasing, and is increasing due to the fact that we are establishing new strategic partnerships. Gross margin, our expectation is that that will continue to be relatively high going forward. EBITDA ended up at -SEK 15.2 million in the end of Q3, and this is corresponding to an EBITDA margin of -60%. If you look at the increase comparing to the same period last year, the increase in operating expenses is mainly explained by us establishing 3 new offices by the end of last year, but also, of course, our continues to invest in our product development. If you look at the increased cost, that is mainly related to an increase in employee cost. If you look at the average number of employees that we had in the end of Q3, we had an average of 161 employees, and comparing that to the average of 130 for the same period last year. Both these investments, you know, in new markets, and investments in our product development, that is in line with the company's plan, you know, to go into new markets, but also, you know, have the best product out there. One thing I wanna mention regarding Q3 is that we, during Q3, we had a one-time expense that is related to a significant investment that we did in our branding that ended up at approximately SEK 2 million that hit our numbers in Q3. If you look at EBIT, we ended up at minus SEK 22.7 million in Q3, which is corresponding to an EBITA margin of minus 89%. Besides the increase of the costs I mentioned, both increase, you know, in new markets and the increase in the product development, our depreciation have also increased, and this is connected to our increased investments in capitalized development work. Heading towards profitability, that is something that we working towards always, and that's something that we are focused on a nd given the investments that we're undertaking, our primary objective right now is to enhance profitability of the company. We closely monitor our expenses and, you know, continue to strive toward being more operational efficiency and productively. That is something that we always focused on. We actually managed to hit our recruitment goals, which means that we do not see that headcounts will increase in the near future. Always, of course, focus on improving the way we work, you know, improving efficiency, improving productively, enhancing the product, and of course, always aiming on keeping the strong sales growth. If you look at our current cost base, we feel it's on a comfortable level, considering where we stand in our cash reserve, but also, of course, considering our expectations of sales growth. One thing I wanna mention connected to Q3 is if you look at what we had in cash, sorry, what we had at the cash flow from current operations, we ended up at SEK -19.5. However, we did have a one-time cost or expense related to our repayments, that for an amount that previously have already been preserved for a short-term furlough, and that repayment was on SEK 3.6 million, and that affected our cash flow during Q3. I mean, as I mentioned previously also, we had this investment in our branding, and approximately SEK 1.5 million of those SEK 2 million were paid during Q3. So both those two one-time investment had a big effect on our numbers, cash flow-wise, looking at Q3 a nd if you would take that away from the equation, instead of ending up at SEK -19.5 million, we would ended up somewhere between SEK 14 million-SEK 14.5 million. So that's something that just wanna highlight for the quarter. Good. So just to mention also about this short-term furlough thing, it was something that happened in the beginning of the pandemic when Tillväxtverket promised this package to all Swedish companies a nd we took it, like many other companies did, and then Tillväxtverket regret, I would say, and they have later on decided that they wanted the money back. This was a very, very wrong decision. It's crazy to think that they did so, but that was why we had to repay this SEK 3.7 million. So this was a wrong decision by Tillväxtverket, but that's how it is. So, over the last, I would say, five, 10 years, the number of SaaS companies have exploded. There are companies for kind of everything you would like. Most of these companies are suffering these days. Sales are dropping, net and gross retention are coming down, b ut we think that our eContract space is more resilient, because contracts has always been there, and always will. Even before CRM, we use contracts, and it is the most fundamental to business. It's the backbone in what we do. When you make hires, you buy, you sell, and so on, it's all about contracts. Behind every invoice, there is a contract, and making agreements and payments will never go away, and it's there to stay. So the digital contract market is huge, and it is still in its infancy. We are also moving away from PDF and Word-based contracts, because they have a lot of limitations, into more interactive and web-based HTML contracts. This is the future, and this is what we do at Oneflow. It takes time, but this is the future of contracts, with data becoming more alive. Oneflow has a very strong position in this space. We have a need to have products sold at a low cost with a high ROI. This represent, even in tough times, an opportunity when companies have to put greater focus on reducing costs. We have a very competent team. We have a very good culture at Oneflow. This is maybe the most important, I would say, component in making, a successful company, that you have a very good team and a good culture. We have a product that is used by the most demanding customers. The biggest companies with the toughest kind of requirements are using Oneflow. We can deliver to any company, and we still have a strong position financially. We have SEK 123 million in the bank end of the quarter, and our losses will come down significantly going forward. So this puts us on still a solid position. Even though we have decided to make some small adjustments, sales has been somewhat lower, since the recession started, than we were planning for. So we take down our ARR forecasts a nd also because we take down the forecasts, we have to adjust our hiring plans accordingly b ut we do not want to compromise profitability. That's our number one, number two, and number three priority. So we rather wanted to have to change the ARR goals instead of profitability. So we still stick with the 2027 goal of 20% EBIT margin, and a 2027 goal of SEK 500 million in ARR. Then we are at the Q&A session. You say that headcount will be kept at this level. For how long do you plan that a nd at what impact on growth do you think it would have in the near term versus mid and long term? We plan to keep it at this level. I would say for some time before we now. The number one priority is to reduce the EBIT losses and to become profitable, and then grow on our own engine. So it will stay at this level for some time now. We're not gonna increase next spring, and most likely not next fall a nd we have also, t he reason we adjusted our ARR target is, of course, also because of the headcount reduction that we did in our plans. So we don't think actually that it's gonna impact, I mean, we haven't communicated a goal for short term, so it's very hard to say that, well, I mean, it depends what you compare against b ut we have a very good team in all of our countries that deliver promising numbers still in a tough market, so this is gonna continue. If headcount is kept flat, for a while, would that also mean that other costs, cash, OpEx items, would remain around the current level? What to expect in terms of cash flow impact from this initiative? Yes, I mean, yes, our estimation is, I mean, of course, it could, I mean, increase and decrease from quarter to quarter. I mean, as mentioned, we have this investment in branding. That has an effect on the numbers, and if we do other, you know, one-time investment, that have an effect b ut yes, I would say it may- it will consist on the same level if we do not, you know, increase headcount. So that is something that, you know, we can start using for calculating when we will become more profitable company. Okay, so what measures are you taking to ensure that the cash position can take you to profitability without further capital injections? So we are not planning to raise more cash. That would be insane in this market. We will make this without raising more cash. So if it comes to that point, I mean, I'll be still growing 44%-45% in October. We have a fantastic pipe. We have a lot of exciting stuff going on. I don't see this is gonna, like, continue bend down and not grow as it has over the last 10, 12 months, at least. We believe it's gonna increase, but with the pace that we have at the moment, and if you also include that we are not gonna add more headcount, then you can see that we are gonna make it a nd if sales is dropping, it's gonna be tough and so on, then, of course, we have to take some actions, but we are not there now. I don't think it's gonna happen. How did Q3 progress over the month, in terms of demand and closed deals? Well, it is a very short quarter, and most things happen during six weeks. To get a decent quarter, you need to have at least 1 or 2 big deals in the mix, and sometimes a deal might fall inside the quarter, and sometimes it might drop to the next quarter. So it is very hard to predict, I would say, especially third quarter, even for us, because it is so short b ut overall, the quarter was, it was weak in all months, b ut again small numbers. Today, it looks much better, i t seems ARR growth stabilized in October at 45% year-over-year. Do you see that as an end to the sliding growth trend or a temporary stabilization? We haven't. The only guidance we have given is the 500 for 2027 target, b ut of course, we need to stabilize this decline, and at some point. I don't think we can actually give a guidance on that. We have, of course, our internal guidance, but we haven't gone out with that. So I guess this one's for you. I believe the third quarter net sales of SEK 25.6 million indicates an annual ARR level of SEK 103 million, a level you were at this spring. How come most customers sign up so far in advance? Any thoughts on how to get ARR to convert to sales faster? Yes. I mean, how come customers do sign? I mean, first of all, the main goal is always to sign a customer, of course, you know, to sign that deal, to seal that deal, a nd then we have situations where a customer has a, you know, maybe, as we know, it's a tough market, you know, financial issues or, or, even with using already other competitors, a nd I mean, to close that deal, we come to an agreement and there's a negotiation to, you know, having the license period start a bit later in the year a nd usually it's when we talk about later, the usual and the common thing is, you know, perhaps three months a nd of course, then we have situations where the signing period is now, but the start period of the license is in a six month. I think this is something, of course, I mean, our strive is to close the deal and have the license period start as soon as possible b ut then again, I mean, we wanna meet our customers and meet, you know, their demands and so on and, you know, it's a negotiation between us and the customer, so I don't see, i t doesn't worry me, because I know this is cash flow that will come into the company. So we can actually, you know, do your forecasts and you see, you know, how the cash will look like in the upcoming future, based on the license period. So, yeah, thank you. I hope that answered the question. Okay, that was the last question. Great. Thank you. All right. So, wish you all a great weekend. Yes, happy Friday. Happy Friday. Cheers!