William Vaughan

Greg McKinley

Alexander Rohr

Amigo Alonzo

Iñigo Alonso

Max Martine

Will Carter

- IDT reported strong financial performance for **Q3 fiscal year 2025** (ended April 30, 2025), with consolidated gross profit margin reaching a record **37.1%**, a **470 basis point increase** year-over-year, driven by high-margin growth businesses contributing **61% of consolidated gross profit**.  **[1005731_2146228_1]** **[1005731_2146228_5]**  The company expects to generate at least **$126 million in adjusted EBITDA for fiscal year 2025**, a significant increase from **$89.7 million in fiscal year 2024**.  **[1005731_2146228_5]** 
- **National Retail Solutions (NRS)** saw recurring revenue grow **23% year-over-year to $29.4 million** in Q3 FY2025, generating **$7.2 million in adjusted EBITDA** (23% margin).  **[1005731_2146228_2]** 
- **BOSS Money** digital revenue increased **31% to $24.5 million** in Q3 FY2025, with adjusted EBITDA exceeding **$5 million** (13% margin).  **[1005731_2146228_3]**  The company anticipates a potential benefit from a 1% remittance tax on cash transactions starting January 1, 2026, due to its digital focus.  **[1005731_2146228_6]** 
- **net2phone** achieved a **50% year-over-year increase in adjusted EBITDA to $3.2 million** (15% margin) in Q3 FY2025, with seats served growing **8%**.  **[1005731_2146228_4]** 
- IDT maintains a strong balance sheet with **$224 million in cash** and current investments and **no debt**, supporting a quarterly dividend (increased to **$0.06 per share**) and **$21 million in stock repurchases** over the last year.  **[1005731_2146228_1]** **[1005731_2146228_5]**

IDT (IDT)