Core Insights - Digital transformation in trade finance is shifting focus from back-office efficiency to strategic risk mitigation, with AI, automation, and FinTech innovations playing crucial roles [1] - Global trade is facing challenges from macroeconomic and geopolitical uncertainties, prompting businesses to prioritize risk management, financing, and working capital optimization [1][3] Industry Trends - The global payments and supply chain finance ecosystem is navigating new uncertainties due to fluctuating tariffs and macroeconomic disruptions [3][4] - Current market conditions are characterized by ambiguity rather than outright chaos, making it difficult for businesses to interpret macro signals [5] Strategic Focus - Working capital optimization is essential for business resilience, especially during uncertain times [6][7] - Companies are increasingly recognizing the importance of working capital management, moving from a passive acknowledgment to active engagement [8] Innovation and Digital Transformation - Digital transformation is now a necessity for businesses, with many seeking to digitize processes for improved efficiency and risk management [10][11] - Innovations in credit analysis and AI modeling are becoming integral to risk management processes [12] Client Behavior and Market Outlook - Clients are currently in a "wait-and-see" mode, leading to deferred capital expenditures and strategic introspection [13] - Companies are encouraged to optimize working capital and incorporate innovation into their risk frameworks to navigate uncertainty [14]

POSCO Holdings 2025. Q2 Earnings Release July 31, 2025 Disclaimer This presentation was prepared and circulated to shareholders and investors to release information regarding the company's business performance prior to completion of auditing for the period pertaining to the 2nd quarter of 2025. Given that this presentation is based on unaudited financial statements, certain figures may be modified in the course of the audit process. This presentation contains certain forward-looking statements relating to t ...

Core Insights - SPIE's first-half results demonstrate a solid growth model with a 5.8% revenue increase and a 40 basis points margin improvement, affirming the company's strategic focus on energy transition and digital transformation [1][3][4] Financial Performance - Consolidated revenue for H1 2025 reached €4,979 million, reflecting a 5.8% increase compared to H1 2024, driven by 3.8% growth from acquisitions and 2.4% organic growth [4] - EBITA increased by 13.2% to €301 million, with the EBITA margin rising to 6.0% [4] - Adjusted net income for H1 2025 was €166.6 million, marking a 5.7% increase from H1 2024 [4] Strategic Initiatives - The company has signed three bolt-on acquisitions in 2025, contributing an annual revenue of €96 million, focusing on high-growth sectors such as Polish Building Solutions and fiber optic services in Switzerland [2][4] - A successful €600 million sustainability-linked bond issuance in May 2025 reflects SPIE's strong credit quality, with a 3.75% coupon and a five-year maturity [4] Market Position and Outlook - SPIE is positioned as the independent European leader in multi-technical services, with a workforce of 55,000 dedicated to decarbonization and responsible digital transformation [4] - The company aims to achieve a total revenue exceeding €10 billion, supported by continued organic growth and active bolt-on M&A, with a target EBITA margin expansion to at least 7.6% [4]

Core Insights - Monro reported Q1 FY2026 results with a GAAP revenue of $301.0 million, exceeding analyst estimates by $4.5 million, but faced a net loss due to one-off expenses [1][2] - The company experienced a 2.7% year-over-year revenue growth, driven by a 5.7% increase in comparable store sales, marking the second consecutive quarter of positive comparable store sales [5][6] - Despite sales growth, Monro's GAAP gross margin decreased by 170 basis points year-over-year, primarily due to rising labor and material costs [7][8] Financial Performance - Q1 FY2026 Non-GAAP EPS was $0.22, slightly below consensus estimates of $0.23, while GAAP revenue increased from $293.2 million in Q1 FY25 to $301.0 million [2][8] - Comparable store sales showed significant gains in specific categories, with front end/shocks up 26%, brakes and batteries up 9%, and tires and maintenance services each increasing by 4% year-over-year [5][6] - Operating expenses rose to $113.0 million, representing 37.5% of sales, largely due to store closing costs and consultant fees related to operational improvements [8][10] Strategic Focus - Monro is shifting its strategy from rapid expansion to optimizing existing store performance, focusing on customer experience, operational efficiency, and targeted cost management [4][6] - The company completed a store portfolio review, closing 145 underperforming locations to enhance profitability, reducing the store count from 1,284 to 1,115 [6][10] - Investment in digital processes, such as the ConfiDrive digital courtesy inspection, has been central to driving sales and improving customer engagement [5][6] Future Outlook - Monro has not provided formal financial guidance for FY2026 due to uncertainties around tariffs and economic risks, but noted a 2% growth in comparable store sales for July FY2026 [9][10] - Key areas to monitor include trends in gross margin, labor market conditions, promotional pricing strategies, and potential tariff negotiations [10]

Core Insights - Thryv reported stronger-than-expected GAAP revenue of $210.5 million and diluted earnings per share of $0.31 for Q2 2025, surpassing analyst estimates [1][10] - The company is transitioning from legacy Marketing Services to a Subscription-based SaaS model, which is driving growth in recurring revenue [3][4] Financial Performance - GAAP revenue decreased by 6.1% year-over-year from $224.1 million in Q2 2024 [2] - SaaS revenue increased by 47.8% year-over-year to $115.0 million, contributing to 54.6% of total revenue, up from 34.7% in Q2 2024 [2][5] - Marketing Services revenue fell by 34.7% year-over-year to $95.5 million [2][8] - Net income more than doubled to $13.9 million, resulting in a GAAP EPS of $0.31, compared to $0.15 in Q2 2024 [10] SaaS Transition and Growth - The SaaS segment's adjusted EBITDA reached $23.4 million with a margin of 20.3%, up from 13.1% the previous year [6] - The total SaaS client base grew to 106,000, with 92,000 clients excluding the Keap acquisition [5] - The integration of Keap contributed $17.7 million to SaaS revenue and enhanced international reach [7] Future Guidance - Thryv raised its full-year 2025 Adjusted EBITDA guidance to $70.5 million to $73.5 million, with SaaS revenue expected to be between $460.0 million and $465.0 million [12] - For Q3 2025, SaaS revenue is forecasted at $116.0 million to $117.0 million, while Marketing Services revenue is expected to decline further to between $84.0 million and $85.0 million [12] Strategic Focus - The company aims to completely exit the Marketing Services business by the end of 2028, focusing on SaaS growth [9][13] - Management is concentrating on improving customer retention and cross-selling opportunities to enhance revenue from existing clients [7][13]

Financial Data and Key Metrics Changes - The company reported a 4% growth in revenue, exceeding USD 2.2 billion, with EBITDA improving by 3% to USD 818 million [3][20] - The Adjusted Funds From Operations (AFF) grew by 3% to USD 328 million, leading to an interim dividend declaration of HKD 33.8 per share [3][20] Business Line Data and Key Metrics Changes - The enterprise segment saw an 11% year-on-year revenue growth, driven by a 14% increase in cloud projects and a 6% growth in high bandwidth fiber lines [11][20] - Mobile services revenue grew by 5%, with a significant increase in roaming revenue by 7%, reaching 104% of pre-pandemic levels [8][24] - Fixed broadband subscriber base grew by over 140%, contributing to a 3% overall growth in fiber users [10][21] Market Data and Key Metrics Changes - The China revenue grew by 13%, supported by demand for SD WAN services and data center uptake by Mainland Chinese entities [13] - The mobile business added 45,000 new customers, with a 21% increase in 5G subscribers, reaching a penetration rate of 54% [9][25] Company Strategy and Development Direction - The company is focusing on AI technology to enhance customer offerings and improve operational efficiency, achieving a 7% cost savings across the overall cost base [4][18] - Continued investment in digital infrastructure, including a 100 terabit core backbone network and expansion of 5G capabilities [5][8] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about enterprise growth, targeting 10% to 12% for the full year, supported by a healthy project pipeline and economic recovery in Hong Kong [35][36] - The company anticipates sustained growth in roaming revenue due to increased consumer outbound travel and commercial activities [37][38] Other Important Information - The company achieved a stable EBITDA margin of 37% and improved its gross debt to EBITDA ratio to 3.11x [20][31] - The company maintains a BBB investment grade rating and has sufficient liquidity to manage upcoming bond maturities [32][33] Q&A Session Summary Question: What is the guidance for interest costs in the second half? - Management expects full-year interest savings to be at least 25% to 30% assuming no significant spikes in interest rates [34] Question: Will enterprise growth of 11% be maintained for the full year 2025? - Management is optimistic about maintaining 10% to 12% growth for the full year, supported by a healthy pipeline and economic recovery [35][36] Question: Do you expect strong roaming revenue growth to be maintained for the remainder of 2025? - Management is positive about maintaining growth in roaming revenue due to increased consumer and commercial activities [37][38] Question: Is it possible to capitalize on low interest rates through refinancing into more floating debt? - Management indicated a willingness to leverage low rates while maintaining a prudent balance between fixed and floating debt [40] Question: What is the outlook for working capital in the second half? - Management expects better working capital management in the second half, as the first half typically requires higher funding [41] Question: Is there guidance for full-year growth in AFF? - Management is optimistic that AFF growth will exceed 3% for the full year [42]

Financial Data and Key Metrics Changes - In Q2 2025, the company achieved total revenue of $112.1 million, representing a year-over-year growth of 36% and organic growth of 28% [16][17] - Adjusted EBITDA improved to $11.9 million compared to $4.6 million in the same quarter last year [17] - Annual Recurring Revenue (ARR) increased by 32%, exiting the quarter at $424 million [18] - The company ended the quarter with a registered user growth of approximately 2.3 million, or 12% year-over-year, totaling 20.9 million registered users [18] Business Line Data and Key Metrics Changes - Subscription revenue grew by 35% in Q2, accounting for 95% of total revenue [17] - The Mantle acquisition added 39 new clients in 2025, with 14 being Alchemy digital banking clients, indicating successful cross-selling opportunities [7][8] - The company signed nine new digital banking platform clients and renewed six existing clients during the quarter [21] Market Data and Key Metrics Changes - The company reported a remaining performance obligation of approximately $1.6 billion, representing 3.7 times the live ARR and up 30% compared to the previous year [22] - The company expects to net over 300,000 users from financial institution consolidations in 2025 [20] Company Strategy and Development Direction - The company aims to integrate account opening with online banking and data marketing to enhance user experience and drive cross-sell opportunities [11][13] - The Mantle acquisition is seen as a strategic platform to create new logo relationships, with a focus on onboarding and account opening as essential innovations for attracting core deposits [10][14] - The company plans to manage the Alchemy and Mantle sales teams under one leader to leverage integrated platform capabilities [14][59] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment for their products, driven by the necessity for digital transformation in financial institutions [5][14] - The company anticipates continued growth in ARR and user base, with a focus on maintaining low churn rates despite M&A activities within their client base [19][20] - Management remains optimistic about achieving long-term financial objectives and driving shareholder value [28] Other Important Information - The company ended the quarter with $87 million in cash and marketable securities, having reduced its revolver by $10 million [27] - The Mantle acquisition is expected to contribute positively to adjusted EBITDA in 2026, despite being dilutive in the short term [26] Q&A Session Summary Question: What kind of starting ARPU for new logos are you seeing compared to the blended average? - Mantle adds 30% to 40% of ARR to a new logo deal, with new logos averaging around $800,000 of ARR [32][33] Question: How did the new user growth break down between new customers and existing ones? - In Q2, 25% of the 400,000 new digital users were from new implementations, while 75% were from existing clients [36] Question: Can you provide an update on the bank channel and how Mantle can improve that opportunity? - Banks under contract represent 13% of total clients, with plans to implement 16 banks on the online banking platform [39][40] Question: Can you quantify the term fees that were pulled forward? - Term fees during the quarter represented about 70% of the revenue beat, with approximately $1 million pulled forward [42] Question: What customer types are most attracted to Mantle? - The buyer for Mantle is almost any financial institution, driven by the need to attract core deposits [48] Question: How does M&A activity impact the company? - The company has benefited from M&A activity, gaining close to 500,000 net digital users over the last four years [91] Question: What is the contribution of Mantle to the backlog this quarter? - Mantle contributed just over $10 million of revenue in the quarter, slightly ahead of expectations [93]

Core Insights - Alkami Technology, Inc. reported strong financial performance for Q2 2025, with revenue growth of 36% and Adjusted EBITDA of $12 million [2][6] - The company exited Q2 with 20.9 million users on its platform, an increase of 2.3 million year-over-year [2] - Alkami continues to see robust demand for digital transformation among regional and community financial institutions, highlighting the need for modern digital banking solutions [2] Financial Performance - GAAP total revenue for Q2 2025 was $112.1 million, a 36.4% increase compared to Q2 2024 [6][22] - GAAP gross margin was 58.6%, slightly down from 59.4% in the year-ago quarter, while Non-GAAP gross margin improved to 65.1% from 63.2% [6][29] - The company reported a GAAP net loss of $(13.6) million, compared to $(12.3) million in the same quarter last year [6][22] Key Metrics - Annual recurring revenue (ARR) reached $424 million, up 32% year-over-year [2][24] - Revenue per registered user (RPU) increased to $20.28, a 17% rise compared to the previous year [2][24] - The company added 23 new clients through its recent acquisition of MANTL, indicating strong growth in client acquisition [2] Future Outlook - Alkami provided guidance for Q3 2025, projecting GAAP total revenue in the range of $112.5 million to $114.0 million and Adjusted EBITDA between $13.0 million and $14.0 million [7] - For the fiscal year ending December 31, 2025, the company expects GAAP total revenue between $443 million and $447 million, with Adjusted EBITDA projected at $51.5 million to $54.0 million [7] Company Overview - Alkami Technology, Inc. is a leading provider of cloud-based digital banking solutions for financial institutions in the U.S., focusing on enabling clients to grow and adapt in a digital-first environment [4]

Financial Data and Key Metrics Changes - System-wide sales increased by 13.9% to $1.3 billion, while same-store sales declined by 1.9% for the quarter [7][25] - Total revenue increased by 12% to $174.3 million compared to the prior year [25] - Adjusted EBITDA rose by 14.3% to $59.2 million, and adjusted EPS was $1 per diluted share, a 1.6% increase year-over-year [27] Business Line Data and Key Metrics Changes - Company-owned restaurant sales increased by $2.6 million due to same-store sales growth of 3.6% [25] - Cost of sales as a percentage of company-owned sales was 75.2%, a decline of 70 basis points [26] - The implementation of the Wingstop Smart Kitchen has led to a consistent average ticket time of ten minutes [26][15] Market Data and Key Metrics Changes - The company opened 129 net new restaurants globally in the second quarter, marking a nearly 20% growth rate [9][20] - The international business is showing strong demand, with new restaurants in Sydney and Paris exceeding expectations [21][22] Company Strategy and Development Direction - The company aims to scale brand awareness, drive menu innovation, expand delivery channels, and invest in digital transformation [9][19] - The long-term target is to achieve average unit volumes (AUVs) of $3 million, supported by the success of the Wingstop Smart Kitchen [17][19] - The company has updated its guidance for unit growth to 17% to 18% for 2025, reflecting strong demand from brand partners [20][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged uncertainty in consumer behavior and spending habits but remains focused on executing strategies [10][22] - The company expects to return to positive same-store sales growth as the year progresses, particularly in the latter half of the third quarter [38][86] - Management expressed confidence in the long-term strategies and the potential of the Wingstop Smart Kitchen to enhance operational efficiency [41][43] Other Important Information - The company has increased its quarterly dividend from $0.27 to $0.30 per share, reflecting the strength of its business model [28] - The digital database has grown by 30%, now approaching 60 million, which will support the upcoming loyalty program [18][56] Q&A Session Summary Question: Clarification on third quarter guidance - Management noted some softness in consumer demand but expects to return to growth as comparisons ease in the latter half of the third quarter [36][38] Question: Impact of Smart Kitchen on sales - Early results from the Smart Kitchen indicate improvements in speed and guest satisfaction, with sales outperformance noted in the Dallas Fort Worth market [41][43] Question: Unit growth and franchisee demand - The company is encouraged by the pace of development and the record level of sold commitments, indicating strong franchisee demand [46][50] Question: Details on the loyalty program - The loyalty program is designed to create an emotional connection with guests, leveraging insights from the growing digital database [56][57] Question: Impact of value deals on customer behavior - The 20 for 20 bundle performed well, leading to higher average checks and demonstrating the company's ability to offer value without sacrificing margins [62][63] Question: Changes in delivery mix with Smart Kitchen - Restaurants with Smart Kitchen are seeing mid-single-digit growth in delivery sales, indicating improved performance [69] Question: Future unit growth normalization - Management is focused on disciplined and sustainable growth, with a strong pipeline of sold commitments supporting future expansion [98][100]

Core Insights - DLH Holdings Corp. will release its financial results for the fiscal third quarter ended June 30, 2025, on August 6, 2025, after market close [1] - A conference call for the investment community will be held on August 7, 2025, at 10:00 a.m. Eastern Time, where senior management will present financial results and operating trends [1] - DLH specializes in science research and development, systems engineering, digital transformation, and cybersecurity solutions for federal agencies [3] Financial Results Announcement - The financial results will be disclosed after market close on August 6, 2025 [1] - A question-and-answer session will follow the management presentation during the conference call [1] Conference Call Details - Interested parties can listen to the conference call by dialing 888-347-5290 or 412-317-5256 [2] - Presentation materials will be available on the Investor Relations section of the DLH website prior to the call [2] - A digital recording of the call will be accessible for replay two hours after its completion [2] Company Overview - DLH enhances technology, public health, and cybersecurity readiness through various solutions and services [3] - The company employs over 2,400 individuals and focuses on solving complex missions using advanced technologies [3] - DLH aims to improve lives globally by leveraging digital transformation, artificial intelligence, and advanced analytics [3]