Max Martine's questions to IDT Corp (IDT) leadership • Q4 2024
Question
Max Martine, a private investor, asked for details on the NRS segment's expansion, questioning if new screen deployments were purely for advertising or POS-related. He also inquired about the new verticals NRS is targeting beyond its core independent retail market.
Answer
Executive Samuel Jonas clarified that NRS is actively deploying screens in new locations like hotel lobbies for advertising, with a recent order for 1,000 more units. For new verticals, he highlighted a focus on adjacent, SKU-based businesses such as hardware stores, liquor stores, and quick-service restaurants (QSRs). Jonas mentioned that QSR is a major focus, with strong demand for their new kiosk products.