SmartRent (SMRT) Q1 2025 Earnings Call May 07, 2025 11:30 AM ET Speaker0 Thank you for standing by. My name is Van, and I will be your conference operator today. At this time, I would like to welcome everyone to the SmartRent Quarter One twenty twenty five Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I would now like to turn the call over to Kristen Lee, Chief Legal O ...

Sapiens earns Celent Luminary in EMEA & APAC and XCelent Awards for Breadth of Functionality and Customer Service in EMEA "Our recognition by Celent reflect Sapiens' unwavering commitment to delivering solutions that combine cutting-edge technology with deep industry expertise," said Roni Al-Dor, Sapiens President and CEO. "We are proud to achieve Luminary standing across all core P&C domains, enabling our clients to drive digital transformation while ensuring operational efficiency and agility." Sapiens ha ...

Butterfly Network (BFLY) Q1 2025 Earnings Call May 02, 2025 08:00 AM ET Company Participants Heather Getz - Executive VP, CFO & COOJoseph Devivo - President, CEO & ChairJosh Jennings - Managing DirectorSuraj Kalia - Managing DirectorBen Haynor - Managing Director Conference Call Participants Andrew Brackmann - Equity Research Analyst Operator Good morning, and welcome to the Butterfly Network First Quarter twenty twenty five Earnings Call. My name is Carla, and I will be coordinating your call today. During ...

Financial Data and Key Metrics Changes - The company reported a 50% year-over-year revenue growth for Q1 2025, with a normalized growth of 24% excluding the Keep acquisition [6][19] - SaaS revenue reached $111.1 million, exceeding guidance, with an adjusted EBITDA margin of 10% [19][20] - The overall SaaS ARPU increased to $335, with Thrive's ARPU at $320 and Keep's ARPU at $428 [22][23] - The net debt position was $298 million, with a leverage ratio of 2.2 times net debt to EBITDA [27][28] Business Line Data and Key Metrics Changes - SaaS revenue now constitutes 61% of total revenue, marking a significant shift from marketing services to SaaS [7] - Marketing services revenue for Q1 was $70.2 million, reflecting a 42% year-over-year decline as the company transitions clients to SaaS offerings [25][26] - Subscriber growth for SaaS reached 37%, totaling 111,000 subscribers, including 15,000 from Keep [9][21] Market Data and Key Metrics Changes - The company is focusing on expanding its existing customer base, with 17.2% of SaaS subscribers using multiple paid products, up from previous periods [12][22] - Seasoned net revenue retention reached a record high of 103%, indicating strong customer satisfaction and loyalty [23] Company Strategy and Development Direction - The company is transitioning to a fully SaaS-focused model, planning to exit the marketing services business by 2028 [26][28] - The strategy emphasizes deepening relationships with existing customers to drive revenue growth through cross-selling and upselling [12][15] - The company is investing in product development and enhancing its partner channel to support growth [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of their customer base, which primarily addresses non-discretionary needs [30][32] - The company is taking a conservative approach to guidance amid economic uncertainty, despite strong performance indicators [34][75] - Management noted that small businesses are currently prioritizing marketing tools to ensure a full order book [33][40] Other Important Information - The company is experiencing increased traffic expenses due to heightened demand for its marketing center and related add-ons [43][44] - The integration of Keep is progressing well, with positive feedback from partners regarding the combined product offerings [52][54] Q&A Session Summary Question: Can you elaborate on the record high net retention rate and what customers are buying? - Management highlighted that customers are increasingly adopting additional products, contributing to the high net retention rate [37][38] Question: What are the reasons for the decrease in SaaS customer additions this quarter? - Management attributed the decrease to seasonal factors and a strategic focus on existing customer expansion rather than new customer acquisition [57][59] Question: How is the integration of Keep progressing? - Management reported strong integration progress, with partners excited about the combined capabilities of Thrive and Keep [50][52] Question: What is the outlook for the SaaS business in a challenging macro environment? - Management indicated that the current environment is prompting customers to prioritize marketing and sales tools, which could benefit the SaaS business [68][70] Question: Are there any differences in retention between Thrive and Keep customers? - Management noted that both customer bases are resilient, with no significant differences in churn rates observed [80][90]

Core Viewpoint - An all-former-Kraken team has acquired majority ownership in Janover Inc., aiming to bridge the liquidity gap between Traditional Finance and Decentralized Finance, with a focus on implementing a digital asset treasury strategy centered on Solana [1][6]. Company Overview - Janover Inc. (NASDAQ:JNVR) is an AI-powered online platform that connects the commercial real estate industry, providing data and software subscriptions as well as value-add services to property professionals [9]. - The company serves over one million web users annually, including property owners, developers, and various lenders, facilitating billions of dollars in debt financing each year [10][11]. Leadership Changes - Joseph Onorati has been appointed as Chairman and CEO, while Parker White takes on the roles of Chief Investment Officer and Chief Operating Officer. Blake Janover and William Caragol will remain on the board, with Marco Santori joining as a new board member [2]. Treasury Policy and Digital Assets - The Board has adopted a treasury policy allocating its principal holding to digital assets, starting with Solana (SOL). The company plans to acquire Solana validators and stake SOL to generate revenue for further acquisitions [3][12]. - Staking on Solana is identified as a multi-billion dollar business, with validators playing a crucial role in transaction validation and network consensus [4]. Business Model Transition - Janover will continue its transition to a Software as a Service (SaaS) business model, with key personnel remaining involved in daily operations to maintain service quality [5]. Future Growth and Strategy - The company aims to provide investors with economic exposure to the Solana ecosystem through its new treasury policy, marking a significant step in mass DeFi adoption [6][12]. - The leadership team brings extensive experience in digital assets, trading, and operations, positioning the company for future growth [7]. Name and Ticker Change - As part of the acquisition, Janover will undergo a name and ticker symbol change, transitioning to DeFi Development Corporation at a future date [8].

iCAD (ICAD) Q4 2024 Earnings Call March 19, 2025 04:30 PM ET Company Participants Rosalyn Christian - Investor RelationsDana Brown - President, CEO & Chairman of the BoardEric Lonnqvist - CFOMarie Thibault - Managing Director Conference Call Participants Per Ostlund - Research AnalystYale Jen - Senior Managing Director & Senior Biotech AnalystGene Mannheimer - Managing Director, Senior Research Analyst Operator Greetings. Welcome to the iCAD Inc. Fourth Quarter and Full Year twenty twenty four Financial Res ...