Revenues came in below expectations, at SEK 12.3 million compared to the predicted SEK 20 million. EBIT was SEK -5.6 million, expected SEK -1 million. During the quarter, Verisec strengthened its position in the UK. The company signed a comprehensive contract for public procurement that includes all British authorities and public institutions. Our fair value range indicates a value of SEK 40-120 SEK with a DCF-value of SEK 65 in our base case. The changed DCF-value is motivated by higher estimates for 2017 and beyond. “Ownership” in our Redeye rating is raised due to the new institutional owner Svolders entrance.