Financial Data and Key Metrics Changes - IDT Corporation generated record levels of gross profit, income from operations, and adjusted EBITDA in the second quarter, with consolidated adjusted EBITDA reaching a record $34 million, bringing the total for the first half of the year to $63 million [21][11][12] - The company expects to achieve approximately 40% adjusted EBITDA growth in fiscal 2025, building on the record $90 million obtained in fiscal 2024 [21] Business Line Data and Key Metrics Changes - NRS reported a 32% growth in recurring revenue, with adjusted EBITDA exceeding $10 million, and $310 in recurring revenue per terminal [15][11] - BOSS Money achieved a transaction volume of 5.7 million, with digital transactions representing over 80% of all remittances, and gross profit growth of 35% to a record $22 million [16][17] - net2phone's subscription revenue increased by 9% to $21 million, with a 14% increase on a constant currency basis [18] Market Data and Key Metrics Changes - Same-store sales at NRS retailers increased by 3.5% year-over-year in February, indicating healthy business activity [22] - BOSS Money's transaction volume in February increased by over 30% compared to the previous year, achieving the second highest weekly remittance transaction volume in its history [22] Company Strategy and Development Direction - The company is focusing on deepening market penetration and enhancing the value of its solutions for retailers through new features and functionalities [7] - IDT plans to continue returning value to shareholders through stock repurchases and increasing dividends, with a 20% increase in the quarterly dividend announced [11][26] Management's Comments on Operating Environment and Future Outlook - Management remains cautiously optimistic about the impact of new federal immigration policies, noting no significant slowdown in business across segments [22] - The company is optimistic about the trajectory and opportunities in the U.S. market, with no immediate plans for organic international expansion [35] Other Important Information - The company provided capital expenditures from each reporting segment for the first time, offering greater clarity into cash generation [13] - IDT's traditional communications segment has seen adjusted EBITDA increase for three consecutive quarters, surpassing $20 million for the first time since fiscal 2022 [11][20] Q&A Session Summary Question: NRS terminal growth guidance - Management acknowledged a slight delay in adding units but expressed confidence in making up for it over the year due to new sales personnel [36] Question: Advertising revenue performance - Advertising revenue increased by 12% year-over-year, with data side growth of nearly 40% [34] Question: International expansion plans for NRS - Management indicated that international expansion is not a current focus, with potential acquisitions being a more likely route for entering new markets [35] Question: net2phone revenue growth despite low seat count addition - Management noted a good pipeline of larger deals and expects better performance in the second half of the year [39] Question: BOSS Money working capital requirements - Management clarified that the strong balance sheet supports working capital needs, allowing avoidance of financing costs [45] Question: Balancing profitability and growth in BOSS Money - Management emphasized a cautious approach to growth, focusing on profitability while exploring opportunities for investment in customer acquisition [51][56] Question: Expansion into new verticals for BOSS Money - Management reported positive initial results from new markets like Venezuela, while Brazil is still in the launch phase [62]

Exhibit 99.1 IDT Corporation Reports Record Second Quarter 2025 Results Record levels of gross profit +16%; income from operations +77%; Adjusted EBITDA+56% GAAP EPS increased to $0.80 from $0.57; Non-GAAP EPS increased to $0.84 from $0.67 IDT raised its quarterly dividend 20% to 6 cents NEWARK, NJ — March 6, 2025: IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications solutions, today reported results for its second quarter fiscal year 2025, the thre ...

Core Insights - IDT Corporation reported record levels of gross profit, income from operations, and Adjusted EBITDA for the second quarter of fiscal year 2025, with gross profit increasing by 16% to $112 million and income from operations rising by 77% to $28.3 million [1][6][10] - The company raised its quarterly dividend by 20% to $0.06 per share, reflecting a solid financial position and positive outlook [1][10] - GAAP EPS increased to $0.80 from $0.57, while Non-GAAP EPS rose to $0.84 from $0.67, indicating strong earnings growth [1][10] Financial Performance - Total revenue for 2Q25 was $303.3 million, a 2% increase from $296.1 million in 2Q24 [40] - Adjusted EBITDA for the quarter was $34.0 million, up 56% from the previous year [1][10] - Net income attributable to IDT increased by 41% to $20.3 million [1][10] Segment Performance National Retail Solutions (NRS) - Recurring revenue grew by 32% to $31.6 million, with income from operations increasing by 71% to $9.1 million [5][11] - Active POS terminals rose by 21% year-over-year to 34,800, and payment processing accounts increased by 32% to 23,900 [11][17] BOSS Money / Fintech Segment - BOSS Money transactions increased by 36% to 5.7 million, with revenue rising by 34% to $33.5 million [5][18] - The Fintech segment's income from operations improved to $3.1 million from a loss of $(0.7) million [5][18] net2phone - Subscription revenue increased by 9% to $21.0 million, with income from operations rising to $1.1 million from $0.4 million [5][20] - The segment's Adjusted EBITDA grew by 55% to $2.9 million [5][20] Traditional Communications - Revenue for this segment was $212.0 million, a decrease of 5% year-over-year, but gross profit increased by 2% to $43.1 million [22][33] - Adjusted EBITDA surpassed $20 million for the first time since fiscal 2022, indicating improved cash generation [10][33] Capital Management - The company repurchased 179,338 shares of Class B common stock for $8.5 million during 2Q25 [1][10] - Capital expenditures increased by 6% to $4.8 million [1][10] Cash Position - As of January 31, 2025, IDT held $171.1 million in cash and cash equivalents, with total current assets of $462.1 million [26][27] - The company had no outstanding debt at the end of the quarter [26][27]

Core Insights - February same-store sales increased by 3.5% year-over-year, showing resilience despite a previous month increase of 4.7% [4] - The NRS retail network processed $1.7 billion in sales during February 2025, reflecting a 14% year-over-year increase [14] - The NRS network's three-month moving average same-store sales have outpaced the U.S. Commerce Department's data by an average of 1.0% over the past twelve months [6] Sales Performance - Same-store sales increased 6.1% compared to January 2025, which had seen a decrease of 7.5% from December 2024 [4] - For the three months ending February 28, 2025, same-store sales rose by 2.7% compared to the same period a year ago [4] - Units sold increased by 3.0% year-over-year, with a 5.0% increase compared to January 2025 [5] Transaction Metrics - Baskets (transactions) per store decreased by 0.9% year-over-year but increased by 4.6% compared to January 2025 [5] - The average price for the top 500 items purchased rose by 2.3% year-over-year, a slower rate than the 2.9% increase recorded in January 2025 [5] Market Trends - Strong year-over-year growth was noted in categories such as Smokeless Tobacco, Tequila, and Energy Beverages, while the Gum category experienced its first year-over-year decrease in over a year [9] - Seasonal categories like Chocolate and Still Wine outperformed February 2024, while Confectionary and Sparkling Wine/Champagne saw declines [10] Network Overview - As of February 28, 2025, the NRS retail network included approximately 34,800 active terminals across 30,300 independent retailers [2] - The same-store data comparisons for February 2025 were derived from approximately 179 million transactions processed through about 21,100 stores [11]

Core Insights - February same-store sales increased by 3.5% year-over-year, showing resilience despite a previous month increase of 4.7% [4] - The NRS retail network processed $1.7 billion in sales during February 2025, representing a 14% year-over-year increase [14] - The NRS network's same-store sales growth has outpaced the U.S. Commerce Department's data by an average of 1.0% over the past twelve months, although February's increase was 0.5% lower than the Department's [6] Sales Performance - Same-store sales increased 6.1% compared to January 2025, which had seen a decrease of 7.5% from December 2024 [4] - For the three months ending February 28, 2025, same-store sales rose by 2.7% compared to the same period a year ago [4] Units Sold - Units sold increased by 3.0% year-over-year, with a 5.0% increase compared to January 2025 [5] - In January 2025, units sold had decreased by 3.1% from December 2024 [5] Transaction Metrics - Baskets (transactions) per store decreased by 0.9% year-over-year but increased by 4.6% compared to January 2025 [5] - Baskets in January 2025 had decreased by 5.3% from December 2024 [5] Pricing Trends - The dollar-weighted average price for the top 500 items purchased increased by 2.3% year-over-year, a slower rate than the 2.9% increase recorded in January 2025 [5] Market Insights - Strong year-over-year growth was noted in categories such as Smokeless Tobacco, Tequila, and Energy Beverages, while the Gum category experienced its first year-over-year decrease in over a year [9] - Seasonal categories like Chocolate and Still Wine outperformed February 2024, while Confectionary and Sparkling Wine/Champagne saw declines [10] Network Overview - As of February 28, 2025, the NRS retail network included approximately 34,800 active terminals across about 30,300 independent retailers [2] - The data for same-store comparisons in February 2025 was derived from approximately 179 million transactions processed through about 21,100 stores [11]

Core Insights - net2phone has launched the net2phone AI Agent, a scalable and customizable virtual agent designed to enhance customer experiences across sales, support, and administrative tasks [1][3]. Company Overview - net2phone is a leading provider of intelligent communications-as-a-service, focusing on businesses and contact centers [1]. - The company is a subsidiary of IDT Corporation, recognized for its innovative cloud-based communication solutions [3]. Product Features - The net2phone AI Agent utilizes conversational AI to engage customers, handle routine inquiries, and execute complex tasks while adhering to business rules and leveraging external APIs [2]. - It supports multiple communication channels, including website, phone, and chat, and is available in multiple languages such as English, Spanish, and Portuguese [2]. - The AI Agent addresses common challenges in sales, support, and staffing, optimizing customer interactions and operational efficiency [3][4]. Market Position - The introduction of the net2phone AI Agent positions the company to help businesses enhance customer interactions and grow profitably [3].

Core Viewpoint - IDT Corporation is set to release its financial and operational results for the second quarter of fiscal year 2025 on March 6, 2025, with a focus on its performance in fintech and communications solutions [1]. Financial Reporting - The earnings release will be available on the IDT investor relations website at approximately 4:30 PM Eastern on March 6, 2025 [1]. - An earnings conference call will follow at 5:30 PM Eastern, featuring management's discussion of the results and a Q&A session with investors [2]. Conference Call Details - To participate in the conference call, investors can dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) with the access code 145736 [2]. - A replay of the conference call will be available approximately three hours after the call concludes and can be accessed until March 20, 2025 [3]. - The replay can be accessed by dialing 1-877-481-4010 (toll-free from the US) or 1-919-882-2331 (international) with the replay passcode 51975, and it will also be available via streaming audio on the IDT investor relations website [3]. Company Overview - IDT Corporation operates as a global provider of fintech and communications solutions through various synergistic businesses, including National Retail Solutions, BOSS Money, net2phone, IDT Digital Payments, and IDT Global [4]. - National Retail Solutions offers a point-of-sale platform for independent retailers, while BOSS Money focuses on international remittances and fintech payment solutions [4]. - net2phone provides integrated cloud communications and contact center services, and IDT Digital Payments facilitates the sharing of prepaid products and services [4].

Core Insights - January same-store sales increased by 4.7% year-over-year, a significant rise compared to the previous month's increase of 1.7% [4] - However, same-store sales decreased by 7.5% compared to December 2024, which had a modest increase of 0.5% from November 2024 [5] - Over the three months ending January 31, 2025, same-store sales rose by 3.7% compared to the same period a year ago [5] Sales Performance - Units sold increased by 2.3% year-over-year, contrasting with a decrease of 0.5% in December 2024 [5] - Units sold decreased by 3.1% compared to December 2024, which also saw a decline of 1.1% from November 2024 [5] - Baskets per store increased by 1.1% year-over-year but decreased by 5.3% compared to December 2024 [5] Pricing Trends - The dollar-weighted average price for the top 500 items purchased rose by 2.9% year-over-year, surpassing the 2.4% increase recorded in December 2024 [5] Network Overview - As of January 31, 2025, the NRS retail network included approximately 34,800 active terminals across about 30,100 independent retailers [2] - The NRS POS terminals processed $1.8 billion in sales, reflecting a 20% year-over-year increase, across 119 million transactions, which is a 15% increase year-over-year [14] Market Commentary - January 2025 experienced robust sales growth despite adverse weather conditions, with notable increases in categories such as Tobacco Products, Alcohol, and Chocolate [8][9] - The Diet & Nutrition category outperformed expectations, driven by increased sales in health-related products [10] - Sales of Cold/Flu OTC products surged due to a rise in seasonal illnesses [11]

Core Insights - January 2025 same-store sales increased by 4.7% year-over-year, despite a sequential decrease of 7.5% compared to December 2024 [1][5][6] - The NRS retail network had approximately 34,800 active terminals, processing transactions at around 30,100 independent retailers [2][15] - The dollar-weighted average price for the top 500 items purchased rose by 2.9% year-over-year, surpassing the previous month's increase of 2.4% [6] Sales Performance - Same-store sales for the three months ending January 31, 2025, increased by 3.7% compared to the same period a year ago [6][14] - Units sold increased by 2.3% year-over-year but decreased by 3.1% compared to December 2024 [6][11] - Baskets per store increased by 1.1% year-over-year but decreased by 5.3% compared to the previous month [6][10] Market Trends - Notable growth was observed in the Tobacco Products & Accessories, Alcohol, and Diet & Nutrition categories, with the latter driven by health trends and meal replacement products [10][11] - Sales of Cold/Flu OTC products surged due to increased incidences of flu and other contagions [12] - The NRS network's three-month moving average same-store sales outpaced the U.S. Commerce Department's data by an average of 1.1 percentage points over the past twelve months [7] Transaction Data - In January 2025, NRS processed $1.8 billion in sales, reflecting a 20% year-over-year increase across 119 million transactions, which is a 15% increase year-over-year [15][16] - Same-store data comparisons for January 2025 were derived from approximately 183 million transactions across about 20,800 stores [13]

Core Insights - IDT global has entered into a Preferred Partner Agreement with Natcom, Haiti's leading telecommunications provider, to manage international long-distance traffic and protect against revenue leakage [1][3] - The partnership aims to develop and launch new international voice offerings for Natcom customers and IDT's BOSS Revolution Calling service users in the US [2][3] Group 1: Partnership Details - The agreement enhances Natcom's position as a reliable telecommunications provider for international voice traffic [1] - IDT global will provide secure and innovative telecommunications solutions tailored to meet the international long-distance needs of Natcom customers in Haiti [3] - The collaboration is expected to improve the experience for customers of both Natcom and BOSS Revolution [3] Group 2: Company Background - Natcom offers a full range of mobile, broadband, and fixed-line services across Haiti, focusing on innovation and connectivity [4] - IDT global utilizes its global IP network to deliver high-quality voice and A2P SMS solutions, enabling efficient communication experiences worldwide [5] - IDT Corporation operates a portfolio of businesses, including fintech and communications solutions, enhancing the operational effectiveness of independent retailers and facilitating international remittances [6]