The reported income level during Q2 was mostly in-line with our estimate. Stillfront had additional and non-recurring costs of SEK 1.3m during the period related to improved IT infrastructure at Bytro, IFRS conversion and the move to Nasdaq First North Premier. The adjusted EBITDA margin amounted to 30%. The trailing twelve months income levels have yet again set new all-time high; we believe there are more records to come. Stillfront continues to grow their sales and reduce the risk. In one and a half year, the company has expanded their core portfolio from four to twelve products. The CAGR during this time has amounted to roughly 60%. The latest acquisitions of OFM looks like an excellent addition to the Group and, Stillfront states that the deal flow is satisfying. We have updated our forecast, added OFM to our projections and raised our Profitability rating. Our Estimated Fair value is increased slightly to 134 (129) SEK per share. We find the valuation of Stillfront to be attractive both on an absolute basis and in comparison to peers. We see no clear reason why the company should be valued at a discount.