Core Insights - Columbus demonstrated solid operational performance in Q1 2025, with improved earnings and a robust business strategy despite a slight revenue decline of 2% [1][2] Financial Performance - Total net revenue for Q1 2025 was DKK 434 million, down from DKK 444 million in Q1 2024, reflecting a 2% decrease [5] - EBITDA increased by 32% to DKK 46 million compared to the adjusted EBITDA in Q1 2024, resulting in an EBITDA margin of 10.7%, up from 7.9% in Q1 2024 [5] - The efficiency rate remained consistent at 62% for both Q1 2025 and Q1 2024 [5] Service Revenue Breakdown - Service revenue by business lines showed a decline in Dynamics 365 (-2%), M3 (-9%), Digital Commerce (-11%), and Other Local Business (-21%), while Data & AI saw a significant increase of 28% [3] - Total sales of services decreased by 3% year-over-year, while total sales of products increased by 29% [3] Market Unit Performance - Revenue from various market units showed declines in Sweden (-11%), Denmark (-6%), Norway (-18%), and Other (-15%), while the UK and US markets experienced growth of 17% and 50%, respectively [4] Outlook - The company maintains its full-year guidance for 2025 based on the financial performance in Q1 2025 and the current order book and pipeline forecast [7]

Group 1 - The combination of capital and innovation is a key driver of economic growth in the rapidly changing global economy [1] - Private equity involves investing in the equity of non-listed companies, typically injecting capital into mature enterprises to enhance value through operational improvements, market share expansion, or strategic restructuring [1][3] - Private equity funds seek long-term investment returns rather than short-term market fluctuations [1] Group 2 - Venture capital focuses on investing in startups or early-stage companies with disruptive technologies and innovative business models, providing necessary funding and valuable industry experience [3][4] - Investment strategies play a central role in both private equity and venture capital, with private equity funds diversifying their portfolios to balance risk and return [4] - Venture capitalists conduct in-depth research on individual projects to identify high-growth potential investment opportunities [4] Group 3 - The digital transformation of the global economy has made sectors like technology, healthcare, and renewable energy hotspots for investment [4] - The rise of Environmental, Social, and Governance (ESG) investment principles is influencing investment decisions, emphasizing corporate social responsibility and sustainability [4] - Private equity and venture capital not only provide funding but also introduce advanced management practices and technological innovations, driving transformation across industries [4][5] Group 4 - Private equity and venture capital are two pillars of modern capital markets, continuously driving economic development and innovation [5] - As the global economy evolves, private equity and venture capital will play a crucial role in shaping market trends and promoting economic growth [5]

Financial Performance - DHI Group's 2024 revenue was $142 million, with a compound annual growth rate (CAGR) of 6% from 2020 to 2024[8] - The company's adjusted EBITDA for 2024 was $35 million, resulting in an adjusted EBITDA margin of 25%[10, 11] - DHI Group's debt stood at $32 million[12] - The company repurchased $70 million worth of shares from 2020 to Q1 2025[13] - Q1 2025 operating cash flow was $22 million[63] Business Segments - ClearanceJobs' 2024 revenue was $54 million, with a CAGR of 16% from 2020 to 2024[43, 77] - ClearanceJobs had 1900 subscription clients[44, 77] - Dice's 2024 revenue was $88 million, with a CAGR of 2% from 2020 to 2024[45, 91] - Dice had 4500 subscription clients[46, 91] Key Metrics - ClearanceJobs Q1 2025 revenue renewal rate was 92% and the revenue retention rate was 106%[81] - Dice Q1 2025 revenue renewal rate was 70% and the revenue retention rate was 92%[94] - DHI Group has approximately 90% annual recurring revenue[18, 49, 109]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $1,130,000,000, an increase of 4% year-over-year in pro forma constant currency, exceeding the midpoint of guidance [5][21] - Non-GAAP earnings per share (EPS) was $1.78, above the guidance range, primarily due to a lower than expected non-GAAP effective tax rate [6][24] - The twelve-month backlog increased by 3.5% year-over-year to $4,170,000,000, supported by a strong pipeline [6][29] Business Line Data and Key Metrics Changes - Revenue from managed services reached a record $747,000,000, up 3.7% from a year ago, accounting for 66% of total revenue [24] - The company reported a non-GAAP operating margin of 21.3%, improving by 10 basis points sequentially and by 290 basis points year-over-year [23] Market Data and Key Metrics Changes - North America saw a slight sequential increase and a 1.4% year-over-year increase in pro forma constant currency [22] - Europe rebounded from previous weaknesses, benefiting from new deal activities and contributions from acquisitions [22] Company Strategy and Development Direction - The company is focused on accelerating the telco industry's adoption of GenAI and enhancing cloud services, with expectations of double-digit growth in cloud-related revenue for fiscal 2025 [16][30] - Amdocs is collaborating with Microsoft for cloud migrations and has secured significant projects in various regions, including the Philippines and Japan [7][10] Management's Comments on Operating Environment and Future Outlook - Management noted rising global macroeconomic uncertainty but believes the company is well-positioned due to its unique business model [18] - The company reiterated a revenue growth outlook of 2.7% for fiscal 2025, with a tightened range of 1.7% to 3.7% [19][30] Other Important Information - The company repurchased $135,000,000 of its own shares and authorized a new share repurchase plan of $1,000,000,000 [27][28] - Free cash flow before restructuring payments was $181,000,000, with a target of $710,000,000 to $730,000,000 for fiscal 2025 [28] Q&A Session Summary Question: Focus on AI contributions to revenue growth and collaboration with NVIDIA - Management indicated that GenAI activities are closely linked to data, with ongoing progress in AI-related projects contributing to revenue growth [34][35] Question: Customer spending behavior changes - Management reported no significant changes in customer spending behavior despite rising macroeconomic concerns [45][46] Question: Fluctuations in accounts receivable and unbilled balances - Management explained that fluctuations are normal due to the nature of various projects and milestones, and they do not guide for these balances due to their unpredictability [47][49] Question: Progress on AI offerings and contracting - Management noted good progress in data-related activities supporting GenAI, with several customers making significant strides, although specific names could not be disclosed [52][54]

Financial Data and Key Metrics Changes - Identiv reported net revenue of $5.3 million for Q1 2025, slightly above guidance but down from $6.7 million in Q1 2024, primarily due to the exit of low-margin business [11][12] - GAAP gross margin was 2.5% and non-GAAP gross margin was 10.8% for Q1 2025, compared to 7.3% and 13.4% respectively in Q1 2024, with the decrease attributed to transition costs and lower revenue [12] - GAAP net loss from continuing operations was $4.8 million or $0.21 per share, an improvement from a loss of $5.4 million or $0.24 per share in Q1 2024 [13] - Cash and cash equivalents at the end of Q1 2025 were $132.7 million, with cash usage of $3.3 million during the quarter [14] Business Line Data and Key Metrics Changes - The transition of production from Singapore to Thailand is progressing well, with over 75% of volume now transitioned [50] - The company is focusing on higher-margin opportunities and has made significant progress in its new product development (NPD) pipeline, with 21 active projects [31][32] Market Data and Key Metrics Changes - Approximately 25% of Identiv's business is exposed to U.S. import tariffs due to its manufacturing footprint in Thailand and Singapore [5][16] - The company is preparing for various tariff scenarios and expects to pass along incurred tariffs to customers as surcharges [16] Company Strategy and Development Direction - Identiv is executing its Perform, Accelerate, Transform (PAT) strategic framework to strengthen its core business and expand into high-value applications [7][18] - The company aims to drive future growth through strategic partnerships and innovative product development, particularly in the IoT space [10][36] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing market uncertainty and high volatility, with a cautious outlook due to shifting trade policies and a softening global GDP [5][10] - Despite challenges, the company believes its value proposition remains strong, driven by long-term trends in RFID and IoT solutions [36] Other Important Information - A new strategic partnership with Tag and Track was announced, aimed at enhancing IoT solutions for the pharmaceutical industry [9] - The company is also collaborating with Inplay to develop a new portfolio of BLE-enabled smart labels for logistics applications [9][27] Q&A Session Summary Question: Impact of tariffs on customer pipeline - Management acknowledged some customer concerns regarding indirect impacts from tariffs but noted no significant effects observed so far [40][41] Question: Status of grocery logistics deal - The grocery logistics project is tracking as planned, with initial orders expected by the end of the year and a go-live target for mid-2026 [43] Question: Transition from Singapore to Thailand and margin guidance - Over 75% of production volume has transitioned to Thailand, with expectations to complete the transition by the end of Q2 [50][52] - Margin guidance for Q4 remains uncertain pending the outcome of tariff reviews [53] Question: Order pull-ins in Q1 - Management confirmed that Q1 did not benefit from any pull-ins, maintaining normal order flow [58] Question: Quoting activity in Q2 - There is caution among customers, but no significant concerns for Q2 have been noted, with guidance reflecting potential slowdowns [61]

Investor Presentation May 2025 © 2025 ON24, Inc. | Confidential Legal Disclaimer This presentation contains "forward-looking statements" under applicable securities laws. Such statements can be identified by words such as: "outlook," "expect," "convert," "believe," "plan," "future," "may," "should," "will," and similar references to future periods. Forward-looking statements include express or implied statements regarding our expected financial and operating results, the execution of our capital return prog ...

Financial Performance - Total revenue for the first quarter of 2025 was $64.7 million, a decrease of 24.0% compared to the same period last year, primarily due to customer cancellations and downsells [2][5] - Net loss for the first quarter of 2025 was $14.1 million, or $0.15 per share, compared to a net loss of $35.6 million, or $0.40 per share, for the first quarter of 2024 [5][24] - Adjusted EBITDA for the first quarter of 2025 was $0.2 million, down from $0.5 million in the first quarter of 2024 [6][24] Customer Activity - The company signed a total of 50 deals in the first quarter, including 45 expansions and renewals and 5 new customers [3][5] - The trailing-twelve-months average revenue per enterprise and mid-market customer increased by 2.4% to $640,000 from approximately $625,000 in the prior year [3] Strategic Initiatives - The CEO highlighted the company's "innovation without disruption" approach, which allows customers to adopt AI and digital capabilities seamlessly [4] - The company is advancing strategic partnerships, including a planned integration with Amazon Connect in the second quarter [4] Financial Guidance - For the second quarter of 2025, total revenue is expected to range from $57 million to $60 million, representing a year-over-year decline of 29% to 25% [11] - For the full year 2025, total revenue is projected to be between $240 million and $255 million, reflecting a year-over-year decline of 23% to 18% [12] Cash Position - The company's cash balance was $176.3 million at March 31, 2025, down from $183.2 million at December 31, 2024 [9][32]

Core Insights - HeartCore Enterprises, Inc. is a leading enterprise software and data consulting services company based in Tokyo, scheduled to present at the Sidoti Micro-Cap Conference on May 21-22, 2025 [1][2] Company Overview - HeartCore offers Software as a Service (SaaS) solutions to enterprise customers both in Japan and globally [3] - The company provides data analytics services that enable businesses to create customized web experiences through superior design [3] - HeartCore's customer experience management platform includes marketing, sales, service, and content management systems, enhancing customer engagement [3] - The company also focuses on digital transformation, offering services such as robotics process automation, process mining, and task mining [3] - HeartCore's GO IPOSM consulting services assist Japanese companies in going public in the U.S. [3]

Financial Data and Key Metrics Changes - Total net revenue for Q1 was $48.9 million, down 10.1% year over year, but down 8.5% on a same station basis, reflecting early progress in stabilizing revenue trends amid market volatility [9][10] - Total operating expenses were $45.2 million, down nearly $4 million or 8.1% compared to the prior year, indicating effective cost management [17][19] - Adjusted EBITDA for Q1 was $1.1 million, up 28% from $900,000 in the prior year, showcasing improved profitability despite revenue decline [19][20] Business Line Data and Key Metrics Changes - Digital revenue accounted for 22% of total revenue, with digital segment operating income growing from $100,000 in Q1 2024 to $1.9 million in Q1 2025, highlighting the success of digital product margin optimization [5][24] - Consumer services remained the largest revenue category, accounting for 30% of total revenue, but declined 15% year over year, with legal services growing nearly 5% and HVAC growing 12% [10][11] - National revenue, excluding political, declined 12.7%, while local direct revenue increased by 0.3% year over year, indicating resilience in direct advertiser relationships [14][15] Market Data and Key Metrics Changes - The advertising environment remains cautious, with overall demand under pressure and year-over-year declines consistent with broader industry trends [10] - Foreign automotive revenue was up 7.5%, but domestic automotive declined 5%, reflecting market concerns and shifting inventory dynamics [12][13] - Local agency revenue declined 19.9% year over year, while local direct revenue's growth reflects the strength of local relationships [14][15] Company Strategy and Development Direction - The company aims to accelerate digital growth, improve revenue quality, and execute with discipline, focusing on high-margin digital products and advertiser relationships [4][6] - A landmark multiyear partnership with the University of Michigan Athletics was established, enhancing the company's omnichannel sports strategy [6][7] - The digital transformation is seen as a long-term engine for value creation, with ongoing investments in content, technology, and audience development [22][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing macroeconomic challenges but emphasized a commitment to cost management and strategic product realignment to protect margins [34] - Revenue is currently pacing down 10% in Q2, primarily due to continued macroeconomic pressure, but proactive measures are being taken to offset these headwinds [34] - The company remains focused on building sustainable advertiser relationships and optimizing its digital portfolio for future growth [17][34] Other Important Information - The company ended Q1 with $12.2 million in cash on hand, down from $13.8 million at the end of fiscal year 2024, reflecting ongoing financial management efforts [20] - Capital expenditures were $800,000 in the quarter, slightly down from $900,000 in the prior year [21] Q&A Session Summary Question: Update on cost savings initiatives - The company has realized the full amount of cost reductions implemented in 2024 in Q1, with an additional $1.3 million in cuts made in Q1, expected to impact Q2 results [35] Question: National revenue performance - National revenue is weaker in 2024 compared to the previous year, with Boston experiencing declines while Philadelphia and New Jersey showed positive growth [36] Question: M&A discussions and opportunities - There were multiple discussions earlier in the year regarding M&A, but uncertainty in the economy has softened these discussions; the company remains open to beneficial swaps [37]

Financial Data and Key Metrics Changes - Total net revenue for Q1 was $48.9 million, down 10.1% year over year, but down 8.5% on a same station basis, reflecting early progress in stabilizing revenue trends amid market volatility [9][10] - Total operating expenses were $45.2 million, down nearly $4 million or 8.1% compared to the prior year, indicating effective cost management [17][19] - Adjusted EBITDA for Q1 was $1.1 million, up 28% from $900,000 in the prior year, showcasing improved profitability despite revenue decline [19][20] Business Line Data and Key Metrics Changes - Digital revenue accounted for 22% of total revenue, with digital segment operating income growing from $100,000 in Q1 2024 to $1.9 million in Q1 2025, highlighting the success of digital product margin optimization [5][24] - Consumer services remained the largest revenue category, accounting for 30% of total revenue, but declined 15% year over year, with legal services growing nearly 5% and HVAC growing 12% [10][11] - National revenue, excluding political, declined 12.7%, while local direct revenue increased by 0.3% year over year, indicating resilience in local advertiser relationships [14][15] Market Data and Key Metrics Changes - The automotive category saw mixed results, with foreign auto up 7.5% but domestic auto down 5%, reflecting broader market concerns [12][13] - Local agency revenue declined 19.9% year over year, while local direct revenue's growth reflects the strength of direct advertiser relationships [14][15] - Overall audio cume increased by 5.6%, with significant ratings gains in key markets like Charlotte and Detroit, both up 33% [30][31] Company Strategy and Development Direction - The company aims to accelerate digital growth, improve revenue quality, and execute with discipline, focusing on high-margin digital products and advertiser relationships [4][6] - A landmark multiyear partnership with the University of Michigan Athletics was established, enhancing the company's omnichannel sports strategy [6][7] - The digital transformation is seen as a long-term engine for value creation, with ongoing investments in content, technology, and audience development [22][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing challenges in a cautious advertising environment, with revenue currently pacing down 10% in Q2 due to macroeconomic pressures [33][34] - The company remains committed to cost management while funding initiatives in digital, content, and technology to drive long-term shareholder value [34] - Management expressed confidence in the ability to unlock sustainable growth and margin expansion across digital platforms [29][34] Other Important Information - The company ended Q1 with $12.2 million in cash on hand, down from $13.8 million at the end of fiscal year 2024, reflecting ongoing financial management efforts [20] - Capital expenditures were $800,000 in the quarter, slightly down from $900,000 in the prior year [21] Q&A Session Summary Question: Update on cost savings initiatives - The company has realized the full amount of cost reductions implemented in 2024 in Q1, with an additional $1.3 million in cuts made in Q1, expected to impact Q2 results [35] Question: National performance in 2024 - National revenue is weaker in 2024 compared to the previous year, with Boston experiencing declines while Philadelphia and New Jersey showed positive growth [36] Question: M&A discussions and opportunities - There were multiple discussions earlier in the year regarding M&A, but uncertainty in the economy has softened these discussions; the company remains open to beneficial swaps [37]