First is the diversification of our revenues, the double-digit growth across so many of our products and geographies. We are seeing many drivers of our growth versus being tied to a single thing. Second is our improving use of AI and machine learning tools not only in our data and targeting that power revenue, but also for our operations that's driving improved efficiency in our coding, quality assurance, regression timelines, and a variety of other administrative and back-office tasks. As an example of thi ...

Financial Data and Key Metrics Changes - The company achieved revenue of $119.1 million for the fourth quarter, representing a 6% year-over-year growth [22] - Adjusted EBITDA for the fourth quarter was $20.5 million, reflecting a 66% increase year-over-year [22] - Non-GAAP earnings per share for the fourth quarter were $0.10, with a GAAP net loss of $18.8 million or $0.18 per share [26] - For the full fiscal year 2025, total revenue was $490.5 million, a decline of approximately 10% compared to the previous year [26] Business Line Data and Key Metrics Changes - The On-Device Solutions (ODS) segment revenue increased by 11% year-over-year, while the Advertising Growth Platform (AGP) segment revenue decreased by 3% year-over-year [22] - Revenue per device (RPD) in the U.S. increased by over 40% year-over-year, and internationally by over 100% year-over-year [8] Market Data and Key Metrics Changes - The company reported a positive trend in international markets, with improved execution and operational strategies leading to increased revenue per device [32][34] - The DTX revenues from non-gaming applications nearly doubled over the past year, indicating a diversification of supply [12] Company Strategy and Development Direction - The company is focused on expanding its device footprint and enhancing its product portfolio for both ODS and AGP businesses [14][15] - Strategic investments are being made in first-party data and AI machine learning platforms to drive growth and improve operational efficiencies [17][19] - The company aims to build deeper media relationships and leverage regulatory changes to enhance its market position [38][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, projecting revenue for fiscal year 2026 to be between $515 million and $525 million [28] - The regulatory environment is seen as favorable, with increasing interest from app publishers in the company's technologies [36][38] Other Important Information - The company extended its credit facility, which is expected to lower its cost of capital in the future [6] - Cash balance at the end of the quarter was $40.1 million, with no new borrowings reported [27] Q&A Session Summary Question: Focus on international RPD growth opportunities - Management highlighted improved execution and increased distribution footprint as key factors driving international RPD growth, with partnerships expanding in regions like Brazil and India [32][34] Question: Activity increase from app publishers due to regulatory environment - Management noted a favorable regulatory environment leading to increased interest from app publishers in their Single Tap and app install technologies, with several new licensees signed [36][38] Question: Future operating expenses outlook - Management indicated that operating expenses are expected to remain relatively flat going forward, with potential increases aligned with business growth [40]

Financial Data and Key Metrics Changes - The company achieved revenue of $119.1 million for Q4 2025, representing a 6% year-over-year growth [23] - Adjusted EBITDA for the quarter was $20.5 million, reflecting a significant 66% increase year-over-year [24] - Non-GAAP earnings per share for the quarter were $0.10, with a GAAP net loss of $18.8 million or $0.18 per share [26] - For the full fiscal year 2025, total revenue was $490.5 million, a decline of approximately 10% compared to the previous year [26] Business Line Data and Key Metrics Changes - The On-Device Solutions (ODS) segment revenue increased by 11% year-over-year [23] - The Advertising Growth Platform (AGP) segment revenue decreased by 3% year-over-year [23] - Revenue per device (RPD) increased by over 40% year-over-year in the U.S. and over 100% internationally [8] Market Data and Key Metrics Changes - The company reported a positive trend in June, expecting improved performance both sequentially and year-over-year [6] - The DTX business returned to growth, with revenues from non-gaming applications nearly doubling over the past year [12] Company Strategy and Development Direction - The company is focused on expanding its device footprint and improving operational efficiency through automation and AI [13][15] - Strategic investments are being made in first-party data and AI machine learning to enhance advertising capabilities [10][16] - The launch of the new version of Ignite is a key milestone, now on over 100 million devices, aimed at generating more revenue and improving service quality [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategy and market opportunities, highlighting a favorable regulatory environment that supports growth [39] - The outlook for fiscal year 2026 anticipates revenue between $515 million and $525 million, with adjusted EBITDA projected between $85 million and $95 million [28] Other Important Information - The company extended its credit facility, which is expected to lower the cost of capital in the future [6] - Cash balance at the end of the quarter was $40.1 million, with no new borrowings reported [27] Q&A Session Summary Question: Focus on international RPD growth opportunities - Management highlighted improved execution and increased distribution footprint as key factors driving international RPD growth, with partnerships expanding in regions like Brazil and India [35] Question: Activity from app publishers regarding Single Tap technology - Management noted a favorable regulatory environment leading to increased interest from app publishers in Single Tap licensing, with ongoing partnerships with companies like Epic and Pinterest [39] Question: Future operating expenses outlook - The CFO indicated that operating expenses are expected to remain relatively flat going forward, with potential increases aligned with business growth [40]