Slide 1: Investor Presentation
Investor lg Presentation NYSE:IDT — Sidoti Virtual Conference March 19-20, 2025
Slide 2: Forward-Looking Statements
All statements in this presentation that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate, “target” and similar expressions, are forward-looking statements within the meaning of the Pr
Slide 3: IDT at a Glance
VY) IDT|IDT at aGlance i IDT Innovative SaaS and Fintech Provider Newark, NJ 3 5 Headquarters y Public Company Spinoffs $109 MM TIM Adjusted EBITDA? » oT
Slide 4: Businesses Built Around Common Strategic Assets
1) IDT | Businesses Built Around Common Strategic Assets High-Growth, High-Margin Business Segments Traditional Communications Segment NRS Segment: e= POS-platform and payment ee) _IDT Mobile top-up and other solutions for independent es! 1GIT, digital prepaid offerings retailers and advertisers ‘of
Slide 5: High-Growth, High-Margin Businesses
High-Growth High-Margin Businesses
Slide 6: National Retail Solutions (NRS)
Meg National Retail Solutions (NRS) Our integrated cloud software, payment processing, and other POS platform solutions enable independent retailers to operate more profitably The NRS platform also offers advertisers and consumer packaged goods marketers unprecedented reach into urban consumer marke
Slide 7: NRS: Rapid Network Expansion with Extensive Runway
| oe NRS | Rapid Network Expansion with Extensive Runway The Largest POS Platform Serving Active POS Terminals Independent Retailers in the USA POS network - 34,800 active terminalsat ~30,100 independent retail stores* +215, YoY (ss100 ] Core TAM of 200,000 independent retailers: ep I = C-stores and
Slide 8: NRS: Expanding an Already Exceptional Retail Reach
oO ca NRS | Expanding an Already Exceptional Retail Reach 2K NRS Network Footprint Compared to Leading Retail Brands - ha by USA Locations ee Domino's
Slide 9: NRS: One Platform, Multiple Recurring Revenue Streams
NRS | One platform > Multiple Recurring Revenue? Streams Generating Recurring, High-Margin Revenue at $127 MM ARR® aMerchantS Servi es, ~ Retailers subscribe to NRS Pay, a payment processing solution for electronic payments including credit and debit cards and EBTS pdvertsing & Data Recurring Revenu
Slide 10: NRS: Robust Recurring Revenue Growth
HM &@, NRS | Robust Recurring Revenue’ Growth Recurring Revenue ; Powered by terminal | t +52a,¥0" sre network expansion and increasing revenue per $28.9 $267 $239 $24.0 $25 terminal $20 Average monthly recurring revenue per terminal® increased to $310 in 2Q25 from $285 S10 in 2924 $5 2024 3024 4024
Slide 11: NRS: Merchant Services - Featuring NRS Pay
as NRS | Merchant Services - Featuring NRS Pay (7) Merchant Services Revenue & Payment Processing Accounts NRS Pay ~ Provides retailers with credit card and other electronic payment processing Robust YoY Expansion Continued in 2Q25 me 24 2 s6 2 : L5 Merchant Ess ms + 9%, Services revenue : S 32. Pay
Slide 12: NRS: Advertising & Data
| oe NRS | Advertising & Data - Offering Marketers Unparalleled Reach America’s largest independent retailer-hosted Advertisin : EUG Revenue advertising and transaction data network jin millions) | F -15. Advertising ~ Ads are served on the NRS POS ep customer-facing digital screens Py ep enn eater
Slide 13: NRS: SaaS Fee Revenue Growth
| ca NRS | SaaS Fee Revenue Growth Driven by Network Expansion = te se le Retailers pay monthly recurring charges (MRCs) for | t +30, POS Services Retailers can select from several feature-rich software plans. Fees range ep ep ae from $19.95 to $74.95 per month Revenue growth drivers: b = POS networ
Slide 14: NRS: Enhanced Profitability and Strong Growth
| oe NRS |Delivering Enhanced Profitability and Strong Growth Adjusted EBITDA a (in millions) i! Balance of growth and profitability | +65,,%o" ep “Rule of 40”" : 20% sou 4024 1025 2925 Quarters of fiscal years encled July 31
Slide 15: BOSS Money
MONEY. (Qur international remit 2 services enable customers in the U.S. and Canada to send money to friends and family in over 50 destination countries. uults are reported within IDT's Fintech segment. This segment also holds other initiatives, ased bank 7 ” 4 ee. Boread the happiness a ° IDT 5
Slide 16: BOSS Money: Powerful & Synergistic Omni-Channel Platform
MW & BOSS | A Powerful & Synergistic Omni-Channel Platform MONEY. Expansive Platform Presence = Transferring $6 billion in principal value (2Q25 annualized) = Backed by nationwide marketing of the BOSS brand AMEXICO } Digital (apps) Channel - Superior User Experience = 40% transaction volume growth
Slide 17: BOSS Money: Strategic Platform Expansion
MW & BOSS | Strategic Platform Expansion MONEY. BOSS Money Transactions (in millions) Strategically Focused Growth Initiatives = Expanding the payout network: Adding new destination markets including Venezuela, Eritrea and, coming soon, Brazil = Payout options: Introducing additional payout options
Slide 18: BOSS Money: Robust Omni Channel Revenue Growth
MW & BOSS | Robust Omni Channel Revenue Growth MONEY. BOSS Money Revenue Growth Highlights (in millions) YoY in 2Q25 | t 2Bhgro" $30 7) sso] 3 8 Digital Channel » ae ul % Revenue $20 2 4, Retail oy Channel a % Revenue 392 4024 1928 225 $15 $10 2024 Quarters of fiscal years enced July 37% IDT
Slide 19: Driving the Fintech Segment's Turn-Around
HW & BOSS | Driving the Fintech Segment’s Turn-Around MONEY. Adjusted EBITDA (in millions) ep (c7) $4.0 . 10.5» $20 Adjusted EBITDA margin” in 2Q25 so compared to no t soo J {soz ] margin (0%) in —_ —_ $0 2024 $1.0) 2024 5024 4a24 1925 2028 Quarters of fiscal years ended July 31 IDT
Slide 20: net2phone
Our cloud-based, unified communications and contact center solutions help businesses succeed by interacting with their consumers with enhanced intelligence and insights 20
Slide 21: net2phone: Compelling Offerings
Mj net2phone | Compelling Offerings Key Features & Functionalities for Today’s Business Environment WM unite it uContact (UCaas) (CCaas) Scalable contact center platform for organizations with high interaction volumes Combines voice, video, and messaging into single interface, making cornmunications
Slide 22: net2phone: Strategic Differentiation
M@ net2phone | Strategic Differentiation Offerings Differentiated by Market, Geography, and Channel eS ea] = Market fragmentation Focus on Mid-Market = Lower friction toward switching costs Distinctive Geography = Focus on Americas Businesses » Tech focus on UX with Deeply Localized = Ux customized
Slide 23: net2phone: Solid Growth
HM net2phone | Solid Growth © Subscription Revenue" & Total Seats Served'* eas Growth Highlights a 420 YoY in 2Q25 2 4 é at é $20 “oo 6g Subscription 3 £ + %, revenueona g £ constant 2 = currency basis § $0 30g ES a % Total seats 9 Z +9 % served a sB s 360 2024 3Q24 4Q24 1925 2Q25, | _ +10: CCaaS se
Slide 24: net2phone: Margin Expansion
WM net2phone | Margin Expansion | Current Drivers = Higher ARPU CCaaS growth = Operating leverage’’ fixed SG&A including technology & development as a % of revenue - decreased to 43% in 2Q25 from 46% in 2Q24 b New Premium Plans and Add-Ons = Al Agent - A powerful, customizable virtual agent to handl
Slide 25: net2phone: Increasing Adjusted EBITDA & Margins
M@ net2phone increasing Adjusted EBITDA & Margins Adjusted EBITDA (in millions) [Passe @ 1 3 % Gp ° Adjusted EBITDA ep margin in 2Q25 compared to 9% in 2024 2024 Quarters of fiscal years ended July 31* IDT
Slide 26: Traditional Communications Segment
Traditional Communications Segment
Slide 27: Traditional Communications: Primary Businesses
Wi Traditional Communications | Primary Businesses Cross-border value transfers through mobile-top-up and other digital prepaid offerings $414 NM TTM Revenue = @ BOSS REVOLUTION International calling serving over 4 MM customers $236 MM TTM Revenue IDT global Voice & SMS Services Terminates & manages
Slide 28: Traditional Communications: Durable Cash Generation
Traditional Communications: Durable Cash Generation $20 $15.0 Adjusted EBITDA $10.0 $5 2024 Adjusted EBITDA (in millions) 1925 2Q28 3024 4024 Quarters of fiscal years ended July 31" 7) 9.5% Adjusted EBITDA margin in 2Q25 compared to 7.6% in 2Q24 IDT 28
Slide 29: IDT Consolidated
IDT Consolidated IDT
Slide 30: IDT: Revenue Inflection
WH NDT | Revenue Inflection Revenue (YoY) oy Growth +24 % Segments'> Traditional -5o Communications % Segment Consolidated Revenue (in millions) ep (2Q24 3024 4Q24 1925 2Q25 Quarters of fiscal years ended July 31st
Slide 31: IDT: GP Expansion Powered by Rotation to Growth Businesses
WH DT | GP Expansion Powered by Rotation to Growth Businesses Gross Profit (inmillions) | t +16», co 7) sD = fe) 3] 7% ep Ce ) 7 . ' Gross profit 2024 324 4024 1025 margin in 2Q25 compared to 33% {Traditional communications Segment {© Growth segments Quarters of fiscal years ended July sist » IDT a
Slide 32: IDT: Increasing Profitability Backed by a Strong Balance Sheet
BI DT | Increasing Profitability Backed by a Strong Balance Sheet il +56, vor) Adjusted EBITDA (in millions) $35 10 $5 2024 3024 4024 1025 2025 [El Adjusted esITDA ss _Adjusted EBITDA Margin Quarters of fiscal years ended 3uly Ist 2% 10% 6% 4% 2% “Adjusted EBITDA and Adjusted EBITDA Margin Adjusted
Slide 33: Bottom Line - Not Your Typical Small Cap Company
BH IDT | Bottom line - Not Your Typical Small Cap Company Profitable - Track record of increasing cash-flow generation Fast Growing - Three high margin, tech driven businesses pursuing large market opportunities M&Aactivity Shareholder Return - Creating value for shareholders through @ @ e Fortress
Slide 34: Thank You
Thank You invest@idt.net
Slide 35: Footnotes
Footnotes Fy (2) Throughout this presentation, TTM refers to the twelve month period ended January 31, 2025. All quarterly results presented refer to three month periods of the fiscal year ended: October 31* (1Q), January 31 (2Q); April 30" (3Q); July 31* (4Q). Throughout this presentation, Adjusted
Slide 36: Footnotes, continued
Footnotes, continued (il) The “Rule of 40” is a commonly used metric to evaluate the performance of software asa service (SaaS) providers. It postulates that a SaaS company’s growth rate when added to its free cash flow rate should equal or exceed 40 percent. For NRS, the “Rule of 40" result for 2Q2
Slide 37: Non-GAAP Reconciliation
Non-GAAP Reconciliation
Slide 38: Non-GAAP Reconciliation
BM IDT | Non-GAAP Reconciliation IDT’s Adjusted EBITDA is a non-GAAP measure, Generally, a non-GAAP measure is a numerical measure of a company’s performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the mest directly co
Slide 39: Non-GAAP Reconciliation, continued
BM IDT | Non-GAAP Reconciliation, continued ‘Other operating (expense) gain, net, which is a component of income loss} from operations, is excluded from the calculation of Adjusted EBITDA. Other operating (expense) gain, net includes, among other items, legal fees net of insurance claims related to
Slide 40: Non-GAAP Reconciliation: NRS
WM IDT | FINANCIALS - Non-GAAP Reconciliation - Slide 14 Reconciling Income from Operations to Adjusted EBITDA forNRS (USD in thousands) 2924 3Q24 4Q24 1Q25 2Q25 Income from operations 5,349 4,768 6,048 6,613 9,127 Depreciation and amortization 777 819 870 960 995 Severance expense - 14 5 7 - Other
Slide 41: Non-GAAP Reconciliation: Fintech Segment
WM IDT | FINANCIALS - Non-GAAP Reconciliation - Slide 19 Reconciling (Loss) Income from Operations to Adjusted EBITDA for the Fintech Segment (USD in thousands) 2924 3Q24 4Q24 1925 2925 (Loss) income from operations (736) (553) 2,543 3,236 3,097 Depreciation and amortization 725 723 732 735 758 Seve
Slide 42: Non-GAAP Reconciliation: net2phone
WM IDT | FINANCIALS - Non-GAAP Reconciliation - Slide 25 Reconciling Income from Operations to Adjusted EBITDA for net2phone (USD in thousands) 2Q24 3Q24 4Q24 1925 2925 Income from operations 367 476 845 999 1,104 Depreciation and amortization 1552 1,574 1,568 1,558 1575 Severance expense - 73 23 (1
Slide 43: Non-GAAP Reconciliation: Traditional Communications
WM IDT | FINANCIALS - Non-GAAP Reconciliation - Slide 29 Reconciling Income from Operations to Adjusted EBITDA for the Traditional Communications Segment (USD in thousands) 2924 3Q24 4Q24 1925 2925 Income from operations 14,618 12,467 13,944 15,672 18,068 Depreciation and amortization 2,029 1,978 1,
Slide 44: Non-GAAP Reconciliation: IDT Consolidated
WM IDT | FINANCIALS - Non-GAAP Reconciliation - Slide 32 Reconciling Income from Operations to Adjusted EBITDA for IDT Consolidated (USD in thousands) 2924 3Q24 4Q24 1Q25 2Q25 Income from operations 16,018 11,432 20,139 23,640 28,317 Depreciation and amortization 5,099 Pa ia la I 5,095 5,241 5,250 S