KORE Group (KORE) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Company Participants Vik Vijayvergiya - Vice President, Investor RelationsRonald Totton - President & CEOPaul Holtz - Executive VP, CFO & Treasurer Conference Call Participants Scott Searle - Managing Director, Senior Research AnalystLance Vitanza - MD & Senior Analyst Operator Greetings, and welcome to Core Group Holdings Incorporated First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A q ...

Precipio (PRPO) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Company Participants Ilan Danieli - Founder, President, CEO & Director Operator Welcome to the Precipio First Quarter twenty twenty five Shareholder Update Conference Call. All participants will be in listen only mode. Please note that the conference is being recorded. Statements made during this call contain forward looking statements about our business. You should not place undue reliance on forward looking statements as these statements are b ...

Vivos Therapeutics (VVOS) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Company Participants Brad Amman - CFOKirk Huntsman - Chairman & CEO Conference Call Participants Do Kim - Senior Biotech AnalystLucas Ward - Senior Research Analyst Operator Good day, everyone, and welcome to the Vivo Therapeutics First Quarter twenty twenty five Earnings Call. At this time, participants are in a listen only mode. A question and answer session will follow management's remarks. This conference call is being recorded and ...

Innventure (INV) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Company Participants Lucas Harper - Chief Investment OfficerBill Haskell - CEO, Director & Board MemberDino Foderaro - Chief Revenue OfficerDave Yablunosky - CFO, Director & Board MemberNehal Chokshi - Managing Director Conference Call Participants Chip Moore - Managing Director & Senior Research Analyst Operator Hello, and welcome to InVenture First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a li ...

Precision Optics Corporation (POCI) Q3 2025 Earnings Call May 15, 2025 05:00 PM ET Company Participants Robert Blum - Managing PartnerJoseph Forkey - CEO & PresidentWayne Coll - CFO & Secretary Conference Call Participants None - Analyst None Welcome to the Precipio First Quarter twenty twenty five Shareholder Update Conference Call. All participants will be in listen only mode. Please note that the conference is being recorded. Statements made during this call contain forward looking statements about our b ...

Financial Data and Key Metrics Changes - The company reported a positive adjusted EBITDA of $2.4 million for Q1 2025, marking its first positive EBITDA quarter since 2023 [21] - There were $1 million in personnel-related costs in Q1 that have been eliminated, which would have resulted in a positive adjusted EBITDA of $3.4 million [22] Business Line Data and Key Metrics Changes - Licensing revenue increased significantly by 175% year-over-year, and even without the ByBorg deal, it was still up over 50% [33] - The ByBorg deal, effective January 1, contributes $5 million per quarter, with the first two payments already made [33] Market Data and Key Metrics Changes - The U.S. market represents approximately $35 million of the business, with a 10% price increase implemented to mitigate tariff impacts [12][22] - The company is seeing improvements in its China licensing business despite challenges from the tariff environment [34] Company Strategy and Development Direction - The company is focusing on an asset-light model and aims to reduce overhead while increasing EBITDA [22][28] - There are plans to explore growth opportunities in gaming and hospitality, including potential development of a Playboy Club [23][28] - The company is also looking to expand its content licensing and media strategy, including paid voting campaigns and magazine sales [26][27] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth opportunities in the next few years, particularly in licensing and content [28] - The company is preparing for potential revenue recognition from multi-year deals in the gaming sector [24][35] Other Important Information - The annual meeting for shareholder voting on the second equity investment is scheduled for June 16 [17] - The company plans to release additional magazine issues and capitalize on ancillary revenue streams from its content [25][28] Q&A Session Summary Question: Expectations for Honeybird debt and gross margin changes - Management indicated that they are ahead of plan for the second quarter and expect an easy comparable from last year [9][10] Question: Impact of Chinese tariffs on gross margin - The near-term impact of tariffs is estimated at about $1 million, but price increases and changes in shipping thresholds are expected to mitigate this [10][12] Question: Plans for new product development with ByBorg - Management is excited about new designs and has a minimum guarantee of $20 million per year from ByBorg [14][15] Question: Potential around other licensing categories - Management highlighted ongoing efforts in gaming and hospitality, with potential revenue recognition expected in the second half of the year [20][24] Question: Drivers of the licensing business in the quarter - Licensing was significantly up due to the ByBorg deal and improvements in the China licensing business [33][34]

Financial Data and Key Metrics Changes - The company is on track to achieve EBITDA positive status in Q4 2025, with operational changes being implemented to ensure this outcome [3] - Q1 operating expenses decreased approximately 25% compared to Q1 of the prior year, continuing into Q2 with further reductions [15] - Q1 gross margin increased to 44% from 38% for fiscal year 2024 [16] - Q1 net loss decreased by 20% compared to Q1 2024, indicating improved financial health despite revenue decline [17] Business Line Data and Key Metrics Changes - Mobile revenue represented 15% of total revenue in Q1, with expectations to grow to at least 25% by 2025 [16][33] - The company has delivered multiple successful campaigns, including a notable partnership with Chipotle that resulted in significant consumer engagement [12] Market Data and Key Metrics Changes - The average daily time spent by Generation Z and Generation Alpha on mobile games exceeds 88.5 minutes, highlighting the growing engagement in interactive entertainment [4] - The company is gaining trust from iconic brands, positioning itself as a leader in the playable media space [11] Company Strategy and Development Direction - The company is focused on reducing costs, increasing gross margins, and diversifying revenue streams to mitigate risks associated with major platform changes [15][16] - The acquisition of SuperSocial is seen as a strategic move to enhance capabilities and expand partnerships within the Roblox ecosystem [18][35] Management's Comments on Operating Environment and Future Outlook - Management acknowledges potential macroeconomic headwinds but currently does not see significant budget cuts, only delays in marketing and advertising budgets [32] - The company remains optimistic about its revenue pipeline, with approximately $20 million in active opportunities across 97 unique programs [17] Other Important Information - The company emphasizes the importance of playability in marketing, stating that it is a permanent and growing form of engagement [40] - The company is committed to pursuing additional capital raise opportunities to support operational needs and strategic growth [24] Q&A Session Summary Question: What does the recent acquisition say about potential targets? - The acquisition demonstrates the company's capability to support inorganic growth and provide a good partnership for companies looking to accelerate their growth [23] Question: Does the recent equity raise provide enough room to reach breakeven? - The company plans to pursue additional capital raise opportunities while aiming for EBITDA positive status in Q4 [24] Question: Are different agencies approaching the company now that it is focused on mobile? - The expansion into mobile has opened up diverse opportunities and conversations with agencies and brands [25][26] Question: How will macroeconomic factors impact the business? - The company is monitoring marketing budgets closely, noting that while cuts are not evident, delays are occurring [32] Question: What is the expected growth of mobile revenue? - Mobile is expected to represent at least 25% of total revenue by 2025, with positive growth trends observed [33] Question: Can you elaborate on the strategic importance of the SuperSocial acquisition? - The acquisition enhances the company's position within the Roblox ecosystem and provides opportunities to showcase capabilities to exciting IP owners and brands [35][36]

Financial Data and Key Metrics Changes - Sales for Q4 FY 2025 were $60 million, exceeding the estimated range of $15.5 million to $16.3 million [8][10] - Gross margin was reported at 29.3%, which was higher than expected given the circumstances [8][10] - Adjusted EBITDA for Q4 was within the estimated range of $3.3 million to $3.9 million [10] Business Line Data and Key Metrics Changes - C2B fabric sales accounted for $4.4 million in Q4, which was $500,000 more than predicted [18] - Total sales of C2B fabric for the entire fiscal year 2025 reached $7.5 million [19] - Production exceeded sales in Q4, allowing for a significant positive impact on EBITDA and inventory levels [16][17] Market Data and Key Metrics Changes - The company highlighted its position in niche military aerospace programs, including radomes and hypersonic materials, which are expected to drive future growth [32][76] - The A320neo family backlog remains strong with over 7,256 aircraft orders, although supply chain issues are affecting delivery rates [39] Company Strategy and Development Direction - The company is focusing on expanding its manufacturing capabilities to meet increasing demand, particularly in defense and missile programs [87][89] - A major new expansion of manufacturing facilities is planned, with an estimated capital budget of $35 million [86][94] - The company is also exploring joint ventures in Asia to enhance its manufacturing capabilities [67] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong demand in military defense markets and the successful ramp-up of production capabilities [76][87] - The company is committed to maintaining high standards of quality, aiming for a perfect score in supply chain performance [69] - Management acknowledged the challenges posed by supply chain issues but indicated that they have been able to mitigate tariff impacts effectively [72][74] Other Important Information - The company has entered into a new agreement to advance €4.58 million to Aireon for new manufacturing equipment, which will enhance C2B fabric production capacity [59] - The company has a strong history of cash dividends, having paid over $600 million in the last twenty years [83] Q&A Session Summary Question: Will the C2B fabric manufacturing equipment funded by Park be located at Aireon's facility or Park's facility? - The equipment will be located at Aireon's facility, and Aireon will own and operate it [78] Question: Does the Park MRAS LTA provide for any further price increases through 2029? - No, except for price increases related to increases in the cost of certain raw materials [79] Question: What is the status of the hypersonic missile program trials? - Trials are progressing well, with materials being built and tested, and updates expected in about six months [63][65]

Financial Data and Key Metrics Changes - Total revenues for Q1 2025 were $900,000, an increase from $800,000 in Q1 2024, primarily driven by increased charger hardware sales [11] - Margins on products, services, and grant revenues improved to 39.9% from 34.7% year-over-year, with product and service revenue margins rising to 32.6% from 26.8% [11][12] - Operating costs, excluding cost of sales, were $6,000,000 in February 2025, down from $7,500,000 in February 2024, indicating improved operational efficiency [13] - Net loss attributable to common stockholders decreased to $6,900,000 from $7,000,000 year-over-year, reflecting lower operating expenses [14] - Cash position improved to approximately $1,200,000 as of March 31, 2025, an increase of $800,000 from December 2024 [15] Business Line Data and Key Metrics Changes - The company received 28 orders for new charging stations in Q1 2025, compared to only one order in Q1 2024, indicating significant growth in demand [3] - The hardware and service backlog increased to $19,700,000 from $18,300,000 at the end of 2024, suggesting a positive outlook for future sales [18] Market Data and Key Metrics Changes - Megawatts under management increased by 3.6% from Q4 2024 to 31.8 megawatts, and by 19.5% compared to Q1 2024, with 7.1 megawatts from stationary batteries and 24.7 megawatts from EV chargers [17] Company Strategy and Development Direction - The company is focusing on reducing cash burn and enhancing profitability while executing on its M&A strategy, including the acquisition of Fermata Energy [10][20] - A new subsidiary, NuVi Japan, has been established to drive energy storage business in Japan, indicating a strategic expansion into international markets [6][7] - The company is also opening capital in New Mexico to local investors to align interests and support infrastructure projects [5] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the transition to a drop ship model and the potential of the New Mexico contract, which could represent over $400 million in capital deployment [4][5] - The management is confident in the timing of their entry into the Japanese market and the establishment of NuVi Japan [7] - Future growth is anticipated in megawatts under management as the company continues to commission its backlog of customer orders [17] Other Important Information - The company announced the acquisition of Fermata Energy assets, which is expected to enhance its software development capabilities and expand long-term opportunities [9] - A new Digital Asset Management Committee has been formed to oversee a diversified portfolio of cryptocurrency investments [10] Q&A Session Summary Question: What are the expectations for the transformation and opportunities ahead? - Management emphasized the ongoing transformation and the opportunities being pursued, looking forward to sharing more updates in the coming months [23]

CAVA Group (CAVA) Q1 2025 Earnings Call May 15, 2025 05:00 PM ET Speaker0 Good afternoon, ladies and gentlemen, and welcome to the Cava First Quarter twenty twenty five Earnings Conference Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on 05/15/2025. I would now like to turn the conference over to Matt Milenovich. Please go ahead. Speaker1 Good afternoon, and welcome to Cabo's First Quarter twenty ...