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$12.5MFollowers
$IDT Q4 & FY 23 results
Q4:
▫️Revenues -8%
*NRS +4%
*net2phone +19%
*Fintech +33%
*Traditional -13%
▫️Adj. EBITDA -25%
*NRS -66%
*net2phone +325%
*Fintech +7%
*Traditional -9%
▫️net income -54%
▫️accelerated stock repurchases

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NRS Highlights

▫️Record high new POS terminals of 1.744 in Q4
▫️Record high new payment accounts of 1.661 in Q4
▫️Recurring revenue with merchant services +79%
▫️Recurring revenue with SaaS Fees +44%
▫️Advertising & Data -40%, but back in growth mode with +7% qoq
▫️Merchant services + SaaS now account for 67% of recurring revenue which are not dependent of the ad market

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FY 2023 results

▫️Revenues -9%
*NRS +50%
*net2phone +24%
*Fintech +34%
*Traditional -16%
▫️Adj. EBITDA +9%
*NRS +38%
*Net2phone +3 million (vs. -6.1)
*Fintech -1.8 million (vs. -4.6)
*Traditional -9%
▫️Net income +50%
▫️EPS +53%

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