On Thursday our co-founder / CTO @Tiancheng_Xie introduced Polyhera i-D on The Polyhedra Show.Here is what we learnt 👇TPS: Introducing Polyhedra i-D HighlightsThe Problem- Traditional ID checks (passport photos, face scans) can now be faked by AI with near-perfect realism.- Centralized biometric databases create permanent risks of data leaks.- Enterprises in regulated industries (gambling, adult, social media) are being forced to verify age/identity, but don’t want to hold sensitive user data.The Solution: ...

Coming soon! 🔜Topic: “Concordium & the Future of Digital Identity, Privacy & Trust”🗓 Date: Monday, September 15🕒 Time: 10:00 AM UTC📍 Join Live: https://t.co/bTB49Btxmq🎁 Tune in to get a chance to receive a part of a crypto gift of 1000 USDT in CCD! https://t.co/ueV1Fi0cnrBitMart (@BitMartExchange):Get Ready for the Next #KseniaConnects!This time, we’re diving deep into the future of Digital Identity, Privacy & Trust!Topic: “Concordium & the Future of Digital Identity, Privacy & Trust”🗓 Date: Monday, Septemb ...

RT BitMart (@BitMartExchange)Get Ready for the Next #KseniaConnects!This time, we’re diving deep into the future of Digital Identity, Privacy & Trust!Topic: “Concordium & the Future of Digital Identity, Privacy & Trust”🗓 Date: Monday, September 15🕒 Time: 10:00 AM UTC📍 Join Live: https://t.co/sFzNdks6Ja🎤 Guest Speaker:• Boris Bohrer-Bilowitzki @BBilowitzki – CEO of @ConcordiumNet👩‍💼 Moderator:• Ksenia Drobyshevskaya – Growth Lead @BitMartExchangeDon’t miss this opportunity to gain insights into how Concordiu ...

Company Overview - The Winklevoss Twins are notable figures in the crypto space and are associated with the Gemini exchange, which dates back to 2014 [1] - Gemini is planning an IPO, increasing its share pricing to between $24 and $26 for 17 million shares, valuing the company at $3 billion [2] Financial Performance - Gemini has been operating at a loss for several years, with losses in the first half of this year exceeding those of all of 2024 [2][4] - Despite the losses, there is a surge of interest in IPOs this year, particularly under the pro-crypto Trump administration [3] Market Trends - There is a growing trend of companies adopting crypto treasury strategies, which has been popularized by figures like MicroStrategy's Michael Saylor [4][5] - Bitcoin has been lagging in performance compared to other cryptocurrencies like Solana and Ethereum, which are seeing better results due to treasury strategies [6][7] Investment Landscape - Investors are backing significant deals in the crypto space, with a focus on long-term potential for certain cryptocurrencies [8] - The intersection of AI and blockchain is being explored through projects like Worldcoin, which aims to establish proof of human identity in a digital context [9][10][11]

Get Ready for the Next #KseniaConnects!This time, we’re diving deep into the future of Digital Identity, Privacy & Trust!Topic: “Concordium & the Future of Digital Identity, Privacy & Trust”🗓 Date: Monday, September 15🕒 Time: 10:00 AM UTC📍 Join Live: https://t.co/sFzNdks6Ja🎤 Guest Speaker:• Boris Bohrer-Bilowitzki @BBilowitzki – CEO of @ConcordiumNet👩‍💼 Moderator:• Ksenia Drobyshevskaya – Growth Lead @BitMartExchangeDon’t miss this opportunity to gain insights into how Concordium is shaping the future of se ...

Summary of Conference Call Company Overview - The conference call features First Advantage, with CEO Scott Staples and CFO Steven Marks discussing the company's performance and outlook in the employment services industry [1][2]. Industry Insights - The current job market is described as flat, with no significant peaks or valleys in hiring or layoffs. Clients are engaging in just-in-time hiring rather than growth hiring [3][4][5]. - Earnings for companies remain strong, leading to continued demand for products and services, which supports the flat job market outlook [5][6]. - International demand has shown growth, particularly in the healthcare sector, although some segments like hospital networks are sluggish due to funding uncertainties [9][10]. Financial Performance and Projections - Base growth is expected to be negative for the year, with a slight improvement anticipated in the second half, influenced by external factors such as tariffs and policy changes [13][14]. - Long-term targets for base growth are projected at 2-3%, with expectations of a neutral state in the next 18 months due to ongoing policy noise [17][18]. - International growth was reported at over 7% last quarter, indicating optimism for future performance [18]. AI and Technology Impact - AI is expected to create jobs in the short term as industries adapt, but certain sectors like BPO and IT services may face long-term impacts [21][22]. - First Advantage has implemented AI in customer care, resulting in a 30% reduction in headcount, with plans for further optimization [25][29]. - The company is focused on using AI to enhance quality and customer experience rather than immediate cost savings [30]. Growth Strategies - First Advantage aims for 4-5% growth from new logos, leveraging its strong brand and complementary verticals from the Sterling acquisition [38][39]. - Upsell and cross-sell opportunities are driven by increased demand for risk management and security in employment background checks, particularly in response to rising fraud concerns [54][56]. - The integration of digital identity solutions with I-9 processes is highlighted as a unique offering that addresses current market needs [62][63]. Capital Allocation and Future Plans - The company is focused on completing the integration of Sterling, achieving synergy targets, and deleveraging its balance sheet [64][65]. - First Advantage plans to maintain a conservative approach to M&A, prioritizing debt reduction over new acquisitions in the near term [69][70]. Key Metrics - Retention rate is a key performance indicator, with a target of over 96% [64]. - The company is currently free cash flow positive and has already prepaid $45 million of its debt [65]. This summary encapsulates the key points discussed during the conference call, providing insights into First Advantage's current position, industry dynamics, and strategic direction.

Financial Data and Key Metrics Changes - The company's Q2 revenues reached $391 million, reflecting a 1.5% increase year-over-year on a pro forma basis [25][26] - Adjusted EBITDA for Q2 was $114 million, with an adjusted EBITDA margin of 29.2%, an improvement of 270 basis points compared to the previous year [26] - Adjusted diluted EPS was $0.27, representing a 29% year-over-year increase [26] Business Line Data and Key Metrics Changes - The company reported strong upsell and cross-sell performance, contributing to a 9% growth in the quarter [25] - Retention rates remained high at over 96%, consistent with historical performance [11][26] - The transportation vertical showed positive growth despite macro-related slowing, while retail and e-commerce experienced declines in order volumes [13][14] Market Data and Key Metrics Changes - International growth was robust, with a 7.2% increase in the quarter, outperforming the Americas in all growth algorithm metrics [58][60] - The company noted a normalization in hiring volumes across the macro environment, leading to updated expectations for slightly negative base growth in the second half of the year [16][30] Company Strategy and Development Direction - The company is focused on executing its FA five point zero strategy, which includes increasing market share in target verticals, accelerating international growth, and enhancing product offerings [10][22] - The integration of the Sterling acquisition is ahead of schedule, with a synergy target range increased to $65 million to $80 million within two years [10][27] - The company is leveraging its digital identity solutions as a competitive differentiator in the market [15][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate macroeconomic uncertainties, citing a diverse range of global verticals and customer segments [17][30] - The company reaffirmed its full-year guidance despite updated expectations for base performance in the second half of the year [30][31] - Management highlighted the importance of customer conversations and the overall tone of caution among clients regarding hiring plans [42][53] Other Important Information - The company generated adjusted operating cash flows of nearly $48 million, a 17% increase year-over-year [28] - The cash balance at the end of Q2 was $184 million, providing ample liquidity for future operations [28] - The company plans to continue making voluntary principal debt repayments, showcasing its commitment to reducing net leverage [29][73] Q&A Session Summary Question: Change in base growth assumption for the back half - Management indicated that the change is broad-based and not specific to one vertical, driven by overall market perception and policy uncertainties [38][39] Question: Impact of Jennie I initiative on hiring - Management noted that clients are generally in a wait-and-see mode regarding hiring, with no specific ties to the Jennie I initiative [42][44] Question: Performance of various verticals - Management reported that staffing and financial services performed well, while healthcare saw a slight decline, which is not a major concern [48][49] Question: International growth metrics - International growth was up 7.2% in the quarter, with a diversified go-to-market strategy contributing to this success [57][60] Question: Upsell and cross-sell contributions from Sterling acquisition - Management stated that it is still early to track specific contributions from the Sterling acquisition, with expectations for revenue synergies to materialize more in 2026 [63][66] Question: Trends in July compared to Q2 - Management confirmed that July trends were consistent with Q2, indicating continued strong performance [70][71] Question: Interest outlook and debt repayment - Management confirmed that the updated outlook accounts for recent debt repricing and voluntary prepayments, with expectations for stable interest rates [88][90] Question: Competitive environment post-Sterling acquisition - Management noted that win rates have improved, but emphasized a focus on execution and customer relationships rather than competitor actions [92][96] Question: Digital identity framework developments - Management highlighted ongoing education and client interest in digital identity solutions, but refrained from providing specific revenue metrics at this time [101][102] Question: Impact of One Big Beautiful Bill Act on business - Management indicated it is too early to assess the long-term impacts of the new tax law, but it will support deleveraging and investment in synergy programs [104][105]

Financial Data and Key Metrics Changes - The second quarter revenues reached $391 million, reflecting a 1.5% increase year-over-year on a pro forma basis [23] - Adjusted EBITDA for Q2 was $114 million, with an adjusted EBITDA margin of 29.2%, an improvement of 270 basis points compared to the previous year [24] - Adjusted diluted EPS was $0.27, representing a 29% year-over-year increase [24] Business Line Data and Key Metrics Changes - The transportation vertical showed positive growth despite macro-related slowing in base volumes, driven by upsell and cross-sell initiatives [11] - The retail and e-commerce sector experienced a decline in order volumes due to tariffs impacting U.S. consumers [11] - Healthcare hiring momentum tapered slightly, but the overall outlook for the industry remains positive [12] Market Data and Key Metrics Changes - International growth was strong, with a 7.2% increase in the quarter, particularly in EMEA and the U.K. markets [56] - The overall customer retention rate remained high at over 96% [24] - The macro environment has led to a normalization of hiring volumes, with a cautious tone among customers regarding their hiring plans [14] Company Strategy and Development Direction - The company is executing its FA 5.0 strategy, focusing on increasing market share in target verticals, accelerating international growth, and enhancing product offerings [8] - The integration of the $2.2 billion Sterling acquisition is ahead of schedule, emphasizing customer retention and synergy realization [8][9] - The company aims to achieve adjusted EBITDA margins of 28% for the full year, reflecting a meaningful expansion from 2024 [29] Management's Comments on Operating Environment and Future Outlook - Management noted a shift in base growth expectations for the second half of the year to slightly negative due to macroeconomic uncertainties [14][28] - Despite the cautious outlook, management remains confident in the company's ability to generate upsell and cross-sell revenues [29] - The company anticipates continued strong performance in the second half, supported by a robust deal pipeline and high customer retention [29] Other Important Information - The company has increased its synergy target range to $65 million to $80 million within two years, with $47 million already actioned as of Q2 [25] - The company is focused on reducing net leverage towards approximately three times adjusted EBITDA within 24 months post-acquisition [27] - The passing of the One Big Beautiful Bill Act is expected to significantly reduce cash tax payments for 2025, enhancing free cash flow [31] Q&A Session Summary Question: Change in base growth assumption for the back half - Management indicated that the change is broad-based and not specific to one vertical, driven by overall market perception [36][38] Question: Impact of Jennie I initiative on hiring - Customers are generally in a wait-and-see mode regarding hiring, influenced by broader policy uncertainties rather than specific initiatives [40][41] Question: Performance of verticals, particularly staffing - Staffing held its own, with financial services performing well, while healthcare saw a slight decline, which is not a major concern [46][48] Question: International growth metrics - International growth was up 7.2% in the quarter, with a diversified go-to-market strategy contributing to this success [56][58] Question: Upsell and cross-sell contributions from Sterling acquisition - Early revenue synergies from the Sterling acquisition are expected to materialize more in 2026, with current focus on improving customer experience [62][66] Question: Trends in July compared to Q2 - July trends were consistent with Q2, indicating continued strong performance despite cautious outlook for the second half [70][72] Question: Sales force adjustments due to weaker demand - The company is not reducing the sales force but is maintaining it to capitalize on expected demand as macro uncertainties clear up [116]

Network Activity - Frequency is identified as the most active network within the Polkadot ecosystem [1] Digital Identity - The platform emphasizes user control over digital identity [1] - Frequency encourages users to claim their universal handle [1]

Core Viewpoint - Frequency Holdings Inc has transitioned from Yuenglings Ice Cream Corp to a multi-brand technology holding company focused on cybersecurity, AI, and digital identity, marking a significant strategic shift [1][3][4] Group 1: Company Structure and Strategy - Frequency Holdings is modeled after Berkshire Hathaway and Alphabet, with subsidiaries operating independently while benefiting from shared strategic leadership [2] - The flagship operating company, ReachOut, is acquiring and scaling cybersecurity-focused managed service providers (MSPs) across the US [2] - The company aims to unveil additional ventures in decentralized identity and artificial intelligence in the coming quarters [1][4] Group 2: Leadership and Vision - CEO Rick Jordan emphasizes that the name change represents a broader vision of building a platform that accommodates multiple companies, each with its own identity [3] - Kevin Harrington, a board member, supports the vision, highlighting the right timing and industry conditions for growth [3][6] - David Meltzer, another board member, expresses commitment to innovation and value creation within the company [3][8] Group 3: Company Background - Frequency Holdings is focused on high-growth ventures in cybersecurity, AI, digital identity, and IT infrastructure, with ReachOut as its lead operating brand [4] - The company previously operated under the name Yuenglings Ice Cream Corp and traded under the symbol YCRM, with the new name and symbol effective immediately [1][3]