Better Collective´s revenues and profit levels were in-line with our estimates in the second quarter. The revenues came in at EUR 15.8m (estimated EUR 16.0m), and the EBIT came in at EUR 5.4m (estimated EUR 5.2m). All in all, a solid quarter, especial given the weak Q2 performance that has been reported by both competitors and operators. Moreover, Better Collective continued with its acquisition strategy and made two strategic acquisitions in the US market. We expect that the US market will be a major growth driver and that Better Collective´s profitable growth story will continue. We have updated our estimates and increased the fair value to SEK 98 (95) per share in Base case.