onsdag, februari 26, 2025

Net Insight and Riksteatern bring remote theatre production to life with live 3D animation

Net Insight

Net Insight and Riksteatern bring remote theatre production to life with live 3D animation

Stockholm, Sweden – Net Insight and the Swedish National Touring Theatre, Riksteatern, are pushing the boundaries of performing arts with a pioneering remote production of the play "The Canterville Ghost", in both sign and spoken language. This unique family play, based on Oscar Wilde's classic tale, is being brought to life through a new use of live 3D animation and remote performance technology, powered by Net Insight's Nimbra solution.

In this production, the titular ghost was portrayed as a live 3D-animated avatar, performed in real-time by an actor wearing a motion capture suit. While the physical actors and audience were present at Sundsvall's Theater in Sweden, the ghost itself was acting in Botkyrka, Sweden, 400 km away interacting seamlessly with the cast on stage. This technological feat was made possible through Nimbra's ultra-low latency, high-quality media transport, ensuring a real-time, immersive experience for the audience.

Riksteatern, Sweden's leading producer of stage art, continues to pioneer innovative theater experiences that transcend physical and linguistic barriers. By leveraging Net Insight's remote production capabilities, The Canterville Ghost demonstrates how this technology can enhance artistic expression and bring new dimensions to live performances.

The collaboration with Riksteatern highlights how Net Insight's ultra-low latency technology is unlocking new business opportunities beyond sports, enabling innovative live experiences in theatre, concerts, corporate events, and other real-time productions. The play is produced by Riksteatern Crea in collaboration with the municipality of Sundsvall and part of Remote North's network project ANSEL, an Interreg Aurora project, co-funded by the EU.

"This project is a breakthrough for inclusive theater, and we are proud to work with Net Insight to make this happen," says Ann-Cathrine Fröjdö, project manager at Riksteatern. "By combining sign language performance with Net Insight's cutting-edge technology, we are not only reaching new audiences but also exploring new artistic expressions that were previously unimaginable."

"This production exemplifies the power of technology in modern theater," says Crister Fritzson CEO of Net Insight. "By enabling remote, real-time performances without compromising on quality or interaction, Nimbra is redefining what is possible in live entertainment."

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 85 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us: LinkedIn: linkedin.com/company/net-insight X: x.com/NetInsight

About Riksteatern

For more information, please visit www.riksteatern.se


onsdag, februari 19, 2025

Net Insight’s Year-end Report January – December 2024

Net Insight

Net Insight's Year-end Report January – December 2024

New customers strengthen our market position

We leave a successful year behind us with significant new customers, strong growth in our focus market Americas, and continued commercialization of Zyntai. For the full year 2024, net sales totaled SEK 608.0 million, representing an 8.7 percent year-on-year increase, despite a weaker final quarter. At the same time, 2024 operating earnings improved, driven by higher revenues and a growing share of software licenses. Our profitable core business continues to support investments in future growth, particularly in time synchronization.

Crister Fritzson, CEO Net Insight

October – December 2024

  • Net sales amounted to SEK 133.5 (162.5) million, a decrease of 17.8% year-on-year. In comparable currencies net sales decreased by 19.3%.
  • Operating earnings amounted to SEK 5.2 (29.4) million, corresponding to an operating margin of 3.9% (18.1%). Excluding foreign exchange rate differences, operating earnings amounted to SEK 7.2 (30.3) million.
  • Net income for the period was SEK 9.4 (22.6) million.
  • Earnings per share diluted were SEK 0.03 (0.06).
  • Total cash was SEK -7.9 (4.2) million. Excluding the cash impact from share-related transactions, the cash flow was SEK 4.1 (17.5) million.

January – December 2024

  • Net sales amounted to SEK 608.0 (559.4) million, an increase of 8.7% year-on-year. In comparable currencies net sales increased by 9.1%.
  • Operating earnings amounted to SEK 78.9 (70.9) million, corresponding to an operating margin of 13.0% (12.7%). Excluding foreign exchange rate differences, operating earnings amounted to SEK 79.7 (76.7) million.
  • Net income for the period was SEK 71.0 (60.1) million.
  • Earnings per share diluted were SEK 0.20 (0.17).
  • Total cash was SEK -34.2 (-41.7) million. Excluding the cash impact from share-related transactions, the cash flow was SEK 13.9 (0.9) million.

Q4 in brief

  • Solid sales growth for the full year with a weaker fourth quarter
  • Significant new customers in IP media and cloud-based solutions
  • First Time-as-a-Service (TaaS) order received for the Zyntai time synchronization product
  • Strategically important Zyntai order from leading European telecom operator
  • The Board of Directors proposes that no dividend be paid for the financial year 2024

For the complete Year-end report, please refer to the attached PDF.

A live web conference for investors, analysts and financial media will take place at 9:30 am CET on February 19, 2025
CEO Crister Fritzson and CFO Cecilia Höjgård Höök will present and comment on the year-end report. Please register here: Net Insight Year-end report 2024 (inderes.com)

For further information, please contact:
Crister Fritzson, CEO of Net Insight AB
Phone +46 (8) 685 04 00
E-mail: crister.fritzson@netinsight.net

Linda Lyth, Investor Relations Manager at Net Insight AB
Phone: +46 767 681 337
E-mail: investor.relations@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 85 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us: LinkedIn: linkedin.com/company/net-insight X: x.com/NetInsight


onsdag, februari 05, 2025

Invitation to presentation of Net Insight's Year-end report 2024

Net Insight

Invitation to presentation of Net Insight's Year-end report 2024

Net Insight AB will publish its Year-end report 2024, on February 19, 2025, at 7:30 am CET.
In connection with the report, a live web conference will be held.

CEO Crister Fritzson and CFO Cecilia Höjgård Höök will present and comment on the year-end report. If you wish to participate in the web conference, please register via the link below, where you will also have the opportunity to ask written questions. The presentation will be held in English.

Time for the publication of the Year-end report 2024:
Wednesday February 19 at 07:30 am CET.

Time for the web conference:
Wednesday February 19 at 09:30 am CET.

Link to the web conference:
Please register here: Net Insight Year-end report 2024 (inderes.com)

The presentation will also be available on demand at netinsight.net.

Welcome!

Crister Fritzson
CEO

For further information, please contact:
Linda Lyth, Investor Relations Manager, +46(0)767 68 13 37, ir@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows. 

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy® Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 85 countries to ensure media flows across managed and unmanaged IP networks, and the cloud – from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Follow us: LinkedIn: linkedin.com/company/net-insight/ X: x.com/NetInsight




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