Paynova’s revenue of SEK 8.2 million was in line with our expectations. Also EBITDA of SEK -3.0 million was close to our expectations (estimate were SEK -2.2 million). Paynova is gaining sales momentum which is of highest importance this year. New members of the Board will contribute with valuable experience and help the company in its journey. As stated in our Q1 comments we have lowered our estimates for 2017. Our new fair value range indicates a DCF-value of SEK 0.7- 2.8 with a base case scenario of SEK 1.2 (previously SEK 1.3)