Core Viewpoint - Full Alliance Group, Inc. has launched an informational website for its next-generation affiliate wallet and financial ecosystem, YAHBEE, through its subsidiary Qubitera Holdings, Inc. [1][10] Group 1: YAHBEE Platform Overview - YAHBEE.COM is now live, allowing early supporters and fintech enthusiasts to explore the platform and sign up for updates [2] - The YAHBEE wallet is in pre-launch phase and is not yet available for public use or investment [2][7] - The platform aims to reward everyday users for engaging in a decentralized payment system, integrating crypto, cash, cards, and affiliate income [3][10] Group 2: Features and Tokenomics - YAHBEE is designed as a multi-tier affiliate wallet that pays users in both FIAT and its native YBEE token [5] - Key features include: - Multi-Tier Affiliate Rewards with 3-level payouts for referrals [6] - Commissions paid in both traditional currency and on-chain tokens [6] - Cross-Chain Compatibility with networks like Ethereum, Solana, and Bitcoin [6] - Revenue-Backed Rewards where 25% of platform fiat revenue is redistributed to affiliates [6] - The official YBEE Token Whitepaper is available, detailing tokenomics, revenue-sharing mechanics, and loyalty rewards [5] Group 3: Engagement and Ecosystem - YAHBEE is positioned as an all-in-one launchpad for products and services, incentivizing users to share ads and earn rewards [8] - The platform promotes incentivized virality, allowing merchants, influencers, and users to earn at various points in the value chain [9] - Users can list products, and YAHBEE's ad network promotes them, facilitating seamless payment processing in both crypto and fiat [13]

Financial Data and Key Metrics Changes - The company achieved a 20% year-over-year revenue growth, reaching just under $52 million for fiscal year 2024, marking a significant milestone by crossing the $50 million threshold [7][39] - Positive adjusted operating income was achieved for the full year of 2024, amounting to approximately $900,000, a turnaround from an adjusted operating loss of $2.4 million in 2023 [43][39] - The net loss for 2024 was $12.6 million, a reduction from a net loss of $24.4 million in 2023, indicating improved financial health [46][43] Business Line Data and Key Metrics Changes - The launch of Always Alpha, a women's sports management firm, began in Q4 2024, with early revenue generation reported in Q1 2025 [8][50] - The digital department expanded with a new affiliate marketing division, tapping into a $17 billion market, which is expected to enhance revenue streams significantly [19][24] Market Data and Key Metrics Changes - The company was recognized as the Agency of the Year on the 2025 Observer PR power list, highlighting its cultural reach and effectiveness in marketing [10][38] - The affiliate marketing sector is identified as a rapidly growing area, with the potential to contribute significantly to overall revenue [19][58] Company Strategy and Development Direction - The company is focused on leveraging its unique collection of marketing companies to create long-term value, particularly through investments in women's sports and digital marketing [12][38] - Strategic investments were made in staffing and expanding service offerings, particularly in the digital department and women's sports management [50][54] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, emphasizing the potential for revenue generation from new initiatives and the overall market environment [39][38] - The company believes its stock is undervalued, with significant upside potential as it continues to grow and expand its service offerings [41][39] Other Important Information - The company reported cash and cash equivalents of $9.1 million as of December 31, 2024, an increase from $7.6 million in 2023, indicating improved liquidity [46][43] - The digital department's new affiliate marketing division is expected to enhance revenue generation capabilities and diversify income streams [19][24] Q&A Session Summary Question: Can you quantify the investments made for growth in Q4? - Management indicated that investments were primarily in staffing for the launch of Always Alpha and the expansion of the digital department, with early revenue already being generated [50][51] Question: Will the new businesses contribute significantly to revenue in 2025? - Management believes that the affiliate marketing services could potentially account for 25% or more of revenue in the coming years, given the growth rate of the digital department [56][58] Question: How did the recent events in LA impact the company? - Management confirmed that while there were some operational impacts in Q1 due to evacuations, the business returned to normal by the time of major events like the Oscars [66][68] Question: What are the plans for the Disrupt agency and its impact? - The Disrupt agency is expected to enhance the company's diversity and client offerings, contributing positively to the overall growth strategy [70][72] Question: What is the outlook for the Youngblood film project? - Management expressed optimism about the Youngblood project, highlighting its potential for success and plans for a premiere at the Toronto Film Festival [76][82] Question: How is the Staple Gin venture performing? - Management reported positive performance and plans for expansion into more states, indicating a strong outlook for the venture [84][85]

Financial Data and Key Metrics Changes - The company generated revenue of $86.4 million in Q4 2024, which was at the high end of the guidance range of $77 million to $87 million [31] - Adjusted EBITDA was $8.7 million, significantly exceeding the guidance range of $2 million to $6 million, marking the fifth consecutive quarter of positive adjusted EBITDA [10][31] - The company reported a net loss of $34.6 million in Q4 2024, compared to a net loss of $12 million in the prior quarter, which included $20 million of goodwill impairment expenses [36][37] - Cash generated from operations improved to $2.6 million for the year 2024, compared to cash used in operations of $22.5 million in 2023, representing a $25.1 million improvement year over year [11][38] Business Line Data and Key Metrics Changes - Digital revenue decreased by 6.2% sequentially to $50.4 million and decreased by 21.4% year over year [32] - Nutrition revenue decreased by 26.6% sequentially to $34.8 million and decreased by 32.8% year over year [33] - Digital subscriber count decreased by 3.4% sequentially to 1.07 million and declined by 19.1% compared to the same period a year ago [32] Market Data and Key Metrics Changes - The transition from a multi-level marketing (MLM) model to an omni-channel model has impacted revenue, particularly in the nutrition segment [32][33] - The company is seeing strong growth in its Amazon business and has launched on Walmart.com, which is expected to grow significantly [23][24][66] Company Strategy and Development Direction - The company has restructured into a single-level affiliate model, phasing out the MLM structure to enhance revenue streams and improve profitability [5][6] - The focus is on an omnichannel strategy that includes direct-to-consumer marketing, Amazon, and conventional retail distribution for nutrition products [7][8] - The company aims to introduce new products under popular brand names like T90X and Insanity within the next twelve months [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that 2025 will be a transition year as the new business model is implemented, which may involve short-term dislocation [12] - There is optimism about the growth potential ahead, particularly in the nutrition segment, as the company can now market products outside the former MLM network [10][26] - The management emphasizes the importance of building profitable revenue and cash flow while leveraging strategic partnerships and new sales channels [30] Other Important Information - The company has retained more of the legacy nutrition subscription file than expected during the transition, indicating a positive customer experience [26] - Partnerships with telehealth providers and initiatives to leverage HSA and FSA accounts are being pursued to enhance product accessibility [28][29] Q&A Session Summary Question: What was the reaction to the transition to the new affiliate model? - Management indicated that the transition was moderately successful, with some affiliates migrating over, but new affiliate acquisition has been slower than desired [44][45] Question: How should the P&L structure be viewed moving forward? - The company expects revenues to approximate 60% digital and 40% nutrition, with gross margins of approximately 85% for digital and 50% for nutrition [48][51] Question: What is the outlook for the nutrition business and retail expansion? - The nutrition segment is seen as a major opportunity, with plans to market products like Shakeology in retail for the first time, which could significantly increase revenue [65][66]