IDT (IDT) Sidoti Small-Cap Virtual Conference summary

Company overview and financial highlights

• Operates six interrelated businesses, focusing on three high-margin, high-growth segments: NRS, Boss Money, and net2phone.

• Maintains a strong balance sheet with over $170 million in cash and no debt.

• Higher interest rates benefit the balance sheet due to positive cash positions.

• Market cap is approximately $1.2 billion, with a 35-year operating history.

• Returns value to shareholders through increased dividends and $15.8 million in stock repurchases over the last 12 months.

NRS (National Retail Solutions) performance and strategy

• Largest POS platform for independent retailers, with 34,800 active terminals in 30,100 stores.

• Addressable market estimated at 200,000 stores, leaving 86% untapped.

• Recurring revenues from payment processing, advertising/data, and SaaS fees; recurring revenue per terminal rose 9% YoY to $310/month.

• Q2 revenue grew 32% YoY, with adjusted EBITDA margin at 31%.

• Go-to-market via direct sales, call centers, and technology/payment processing partners; focus on both network expansion and upselling existing base.

Boss Money (fintech segment) growth and outlook

• International money remittance business, serving nearly 50 countries.

• Transaction volumes up 36% in Q2, with digital channel transactions up nearly 40% YoY.

• Q2 revenue up 34% YoY, annualized run rate at $134 million.

• Achieved positive adjusted EBITDA last year; fintech segment margin at 10.5% in Q2.

• Aims for 15%-25% adjusted EBITDA margins as scale increases.