Alexander Rohr's questions to IDT Corp (IDT) leadership • Q3 2025
Question
Alexander Rohr of Emmett Investment Management asked about the NRS advertising business, specifically questioning its run-rate performance and ability to backfill demand after the company intentionally reduced sales to one of its largest programmatic partners.
Answer
CEO Shmuel Jonas stated that while it was too soon for a definitive answer, other ad partners were making up a fair share of the lost revenue. CFO Marcelo Fischer clarified that they have not completely shut down the partner but have significantly reduced their contribution from over 20% of ad revenue a year ago to about 5% currently. He added that the underlying advertising business, excluding that partner, grew about 10%, nearly offsetting the decline.