CONCURRENT TECHNOLOGIES PLC (CNC) — Full Year Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the CONCURRENT TECHNOLOGIES PLC final results investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time using the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses where it is appropriate to do so. Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO, Miles Adcock. Good afternoon to you. Good afternoon, and welcome to this, the full year results for CONCURRENT year ending 12/31/2024. I'm joined today by Kim Garrett, our chief financial officer, and Brent Salgett, our chief revenue officer. I know people want me to talk about tariffs. I'll do that later in this presentation. As a reminder of what CONCURRENT is, this is our fortieth year of operating. And for all of those forty years, we have designed and manufactured primarily Intel based single board computers, currently mostly for the defense sector. We've recently added capability to also deliver systems, which are the things that these single board computers plug into alongside other cards that do other things, which we can now also supply either directly ourselves or utilizing third party partners. We're experiencing a period of growth. That growth is driven and fueled by our obsession for putting the latest technology into customers' hands as quickly as possible, ideally first, and we're developing a good track record of that, which we shall describe later. We're also passionate about cultu...