Core Insights - GlobalTech Corp. has appointed IBN to lead its corporate communications efforts, aiming to enhance its visibility in the market [1][4] - The company focuses on balancing internal innovation with strategic acquisitions to drive growth and long-term value creation [2] - GlobalTech's portfolio includes AI-powered solutions across various sectors, with flagship platforms such as ThrivoAI and Baseball Blitz [2] Company Strategy - GlobalTech is actively pursuing technology-centric acquisitions and forming strategic regional alliances to strengthen its market presence [3] - The partnership with regional players like Omantel is crucial for growth in the Middle East, which is identified as a key market [3] Communication and Outreach - IBN will utilize its extensive distribution network, which includes over 5,000 syndication outlets and a large social media following, to promote GlobalTech [4][5] - IBN's experience with over 500 client partners and a diverse audience positions it well to enhance GlobalTech's outreach to investors and the public [5] Corporate Overview - GlobalTech is committed to growth in AI, big data, and frontier technologies, empowering innovative companies through strategic partnerships and investments [5] - The company aims to drive transformation across global markets by leveraging its diversified portfolio and expertise [5]

Financial Data and Key Metrics Changes - Q4 sales reached $15.1 million, marking a 6% sequential decline but a 50% increase year-over-year, primarily driven by consumer market recovery [27] - Gross margin for Q4 was 43.4%, reflecting a 50 basis point improvement due to operational efficiencies and favorable sales mix [29] - Full year 2024 sales totaled $60.6 million, an 8% increase compared to the prior year, with consumer sales up 15% [32][34] - Adjusted EBITDA for 2024 was negative $0.8 million, an improvement from negative $4.5 million in 2023 [37] Business Line Data and Key Metrics Changes - Consumer sales in Q4 were $6.5 million, showing strong performance from Tier 1 MNO sales [28] - Automotive sales reached $3.3 million, a high point for the year, but fell short of expectations due to channel excess inventory [28] - Enterprise sales were $5.3 million, reflecting a sequential decrease of $1.3 million, primarily due to reduced sales of embedded modems and custom IoT products [28][34] Market Data and Key Metrics Changes - The serviceable addressable market (TAM) grew from $1.1 billion in 2024 to $2.6 billion in 2025, driven by the AC-Fleet vehicle gateway and Lighthouse smart repeaters [9] - The company expects the consumer market to experience steady but modest growth through 2025 [32] Company Strategy and Development Direction - The company is focused on scaling deployments, accelerating customer adoption, and expanding into high-value markets in 2025 [7][41] - A strategic partnership with Omantel aims to enhance network performance and optimize coverage in the Middle East [14][15] - The company is transitioning from a component supplier to a high-value wireless system solutions provider, with a focus on products like Lighthouse and AirgainConnect [8][48] Management's Comments on Operating Environment and Future Outlook - Management acknowledged short-term challenges such as inventory constraints but emphasized a robust product pipeline and increasing customer engagement [45][46] - The company anticipates deploying Lighthouse across more than 50 sites in 2025, establishing a foundation for larger scale commercial rollouts in 2026 [45] Other Important Information - The company introduced Lighthouse Solar, a self-sustaining solar-powered network control repeater aimed at extending 5G coverage into remote areas [17][18] - The company is actively pursuing certifications for its products to support international expansion [44] Q&A Session Summary Question: Visibility on enterprise segment and customer delays - Management noted that two customers are experiencing delays due to inventory issues but expect improvements in the second half of the year [56] Question: Revenue contribution from Lighthouse product - Management indicated that while Lighthouse revenue will be small in 2025, there are plans for deployments starting this quarter [58] Question: Ongoing trials for AirgainConnect product - Management confirmed that trials are ongoing, with positive feedback on performance and installation ease [64][66] Question: Metrics for Lighthouse opportunities - Management highlighted that the 50 deployments with Omantel represent a small fraction of the potential market, with a total addressable market of $700 million for Lighthouse [78][79]