IDT (IDT) presents at Virtual LD Micro Main Event XIV

IDT Corporation Overview - IDT Corporation was founded in 1990 by Howard Jonas and is headquartered in Newark, NJ, with approximately 1700 employees, including 400 in research & development[4] - IDT has shown significant growth, increasing from a market cap of $54 million to $4.9 billion in 12 years[6] Financial Performance - IDT's FY2021 revenue was $1.4 billion, a 7.5% increase[7] - The company's consolidated Adjusted EBITDA less CAPEX has increased from $12 million in FY2017 to $58 million in FY2021[7] - Traditional Communications revenue for fiscal year 2021 was $1329 million[39] net2phone (Cloud Communications) - net2phone has 226,000 seats[10] and $47 million in annualized revenue[10] - net2phone operates in 9 countries across 3 continents[15] - net2phone is experiencing substantial growth, with 44% YoY growth in some regions and 56% YoY growth in others[15] NRS (FinTech) - NRS POS terminals increased from 10,000 in 4Q20 to 14,000 in 4Q21, a 40% increase[31] - NRS PAY accounts increased from 2,500 in 4Q20 to 5,600 in 4Q21, a 124% increase[31] - Total revenue for NRS increased from $4.676 million in 4Q20 to $8.217 million in 4Q21, a 76% increase[31] Mobile Top-Up - Mobile Top-Up is experiencing rapid topline growth[43] - Mobile Top-Up is growing at 56% YoY[48]