IDT(IDT)

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IDT(IDT) - 2022 Q4 - Annual Report
2022-10-13 16:00
or ☐ Transition report pursuant to section 13 or 15(d) of the securities exchange act of 1934. Commission File Number: 1-16371 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual report pursuant to section 13 or 15(d) of the securities exchange act of 1934 for the fiscal year ended July 31, 2022. | | | Name of each exchange on | | --- | --- | --- | | Title of each class | Trading Symbol | which registered | | Class B common stock, par value $0.01 per share | IDT | New ...
IDT(IDT) - 2022 Q4 - Earnings Call Transcript
2022-10-07 00:20
IDT Corporation (NYSE:IDT) Q4 2022 Earnings Conference Call September 6, 2022 5:30 PM ET Company Participants Shmuel Jonas - Chief Executive Officer Marcelo Fischer - Chief Financial Officer Conference Call Participants Connor Haley - Alta Fox Capital Adam Wilk - Raceland Capital Sean Berger - Adirondack Retirement Operator Good evening, and welcome to IDT Corporation's Fourth Quarter and Full Fiscal Year 2022 Earnings Call. In today's presentation, IDT's management will discuss IDT's financial and operatio ...
IDT(IDT) - 2022 Q3 - Quarterly Report
2022-06-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED APRIL 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-16371 IDT CORPORATION (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) 520 Broad Street, Newark, New Jers ...
IDT(IDT) - 2022 Q3 - Earnings Call Transcript
2022-06-03 01:25
IDT Corporation (NYSE:IDT) Q3 2022 Earnings Conference Call June 2, 2022 5:30 PM ET Company Participants Shmuel Jonas - Chief Executive Officer Marcelo Fischer - Chief Financial Officer Jonah Fink - President of Net2Phone Conference Call Participants David Polansky - Immersion Investments Adam Wilk - Greystone Capital Management Sean Berger - Adirondack Retirement Timothy Delaney - Immersion Investments Jason Lustig - J. Goldman & Co. Operator Good evening, and welcome to the IDT Corporation's Third Quarter ...
IDT(IDT) - 2022 Q2 - Quarterly Report
2022-03-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JANUARY 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-16371 IDT CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware 22-3415036 (State or other jurisdiction of incorporation or organization) 520 Broad St ...
IDT(IDT) - 2022 Q2 - Earnings Call Transcript
2022-03-08 04:04
IDT Corporation (NYSE:IDT) Q2 2022 Earnings Conference Call March 7, 2022 5:30 PM ET Corporate Participants Shmuel Jonas - Chief Executive Officer Marcelo Fischer - Chief Financial Officer Jonah Fink - President, Net2Phone Conference Call Participants Brian Warner - Private Investor Jason Lustig - J. Goldman David Polansky - Immersion Investments Sean Berger - Adirondack Retirement Adam Wilk - Greystone Capital Daniel Koch - Alta Fox Capital Operator Good evening. And welcome to the IDT Corporation’s Second ...
IDT(IDT) - 2022 Q1 - Quarterly Report
2021-12-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED OCTOBER 31, 2021 (973) 438-1000 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commissi ...
IDT(IDT) - 2022 Q1 - Earnings Call Transcript
2021-12-08 01:53
Financial Data and Key Metrics Changes - The company reported year-over-year increases in revenue, gross profit, income from operations, and Adjusted EBITDA for Q1 fiscal 2022 [9] - Income from operations rose to $13.8 million, and Adjusted EBITDA increased to $18.3 million [21] - The company experienced a loss per share of $0.10 compared to EPS of $0.32 a year ago, influenced by an unrealized loss of $0.49 per share on investments [21] Business Line Data and Key Metrics Changes - Net2phone-UCaaS segment saw subscription revenue increase by 37.5% year-over-year, with revenue margin rising to 82.3% [10] - NRS revenue surged by 104% year-over-year to $10.1 million, with recurring revenue increasing by 126% to $8.6 million [15] - Money Transfer revenue increased nearly 15% sequentially to $12.5 million, although it decreased 18% year-over-year due to foreign exchange market conditions [17] - Traditional Communications revenue grew by 6.7% year-over-year to $334.6 million, with Mobile Top-Up revenue increasing by 34.1% to $128.5 million [18] Market Data and Key Metrics Changes - In the U.S., UCaaS subscription revenue increased by 42% year-over-year, while in Latin America, it grew by 58% [11] - Net2phone's service revenue in Mexico increased nearly 150%, indicating strong market traction [12] Company Strategy and Development Direction - The company is focused on potential spin-off of net2phone, pending Board authorization [22] - There is a commitment to enhancing customer experience through real-time account access for managed service partners [14] - The company aims to expand its POS terminal network and leverage new offerings to boost ARPU [15][29] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth trajectory of the Money Transfer business despite pricing pressures [36] - The company is focused on improving product offerings and customer retention to drive growth [41] - Management indicated that international expansion could significantly exceed 30% growth annually [87] Other Important Information - The company has been recognized for exceptional performance in the business communications sector, winning the Global Partner of the Year award from UC Today [13] - The integration of the acquired African Mobile Top-Up business is progressing well, enhancing market access and cost efficiencies [81] Q&A Session Summary Question: Drivers of ARPU growth in NRS - Management highlighted efforts to increase SaaS fees per terminal and expand payment processing services as key drivers of ARPU growth [26] Question: Future of Money Transfer business amidst pricing concerns - Management acknowledged potential downward pricing trends but emphasized the need for in-country revenue generation to maintain profitability [36][40] Question: Terminal deployment opportunities - Management indicated that there is significant growth potential in various verticals, with plans to expand terminal deployments substantially [45][46] Question: Mobile Top-Up growth and international expansion - Management expressed confidence in continued growth for Mobile Top-Up, with plans to enhance capabilities for international markets [87] Question: Integration of acquired African Mobile Top-Up business - Management confirmed successful integration and improved market access through the acquisition [81]
IDT (IDT) presents at Virtual LD Micro Main Event XIV
2021-10-14 20:45
IDT Corporation Overview - IDT Corporation was founded in 1990 by Howard Jonas and is headquartered in Newark, NJ, with approximately 1700 employees, including 400 in research & development[4] - IDT has shown significant growth, increasing from a market cap of $54 million to $4.9 billion in 12 years[6] Financial Performance - IDT's FY2021 revenue was $1.4 billion, a 7.5% increase[7] - The company's consolidated Adjusted EBITDA less CAPEX has increased from $12 million in FY2017 to $58 million in FY2021[7] - Traditional Communications revenue for fiscal year 2021 was $1329 million[39] net2phone (Cloud Communications) - net2phone has 226,000 seats[10] and $47 million in annualized revenue[10] - net2phone operates in 9 countries across 3 continents[15] - net2phone is experiencing substantial growth, with 44% YoY growth in some regions and 56% YoY growth in others[15] NRS (FinTech) - NRS POS terminals increased from 10,000 in 4Q20 to 14,000 in 4Q21, a 40% increase[31] - NRS PAY accounts increased from 2,500 in 4Q20 to 5,600 in 4Q21, a 124% increase[31] - Total revenue for NRS increased from $4.676 million in 4Q20 to $8.217 million in 4Q21, a 76% increase[31] Mobile Top-Up - Mobile Top-Up is experiencing rapid topline growth[43] - Mobile Top-Up is growing at 56% YoY[48]
IDT(IDT) - 2021 Q4 - Annual Report
2021-10-13 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual report pursuant to section 13 or 15(d) of the securities exchange act of 1934 for the fiscal year ended July 31, 2021. or ☐ Transition report pursuant to section 13 or 15(d) of the securities exchange act of 1934. Commission File Number: 1-16371 IDT Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 22-3415036 (I.R.S. Employer Iden ...