DUG Technology Ltd (DUG) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome ladies and gentlemen to Doug's interim financial statements for the FY25 year. Today we have Matt Lamont, founder and managing director and Daniel Lamont, who's acting CFO joining us. They're gonna take us through the financials. Just a bit of housekeeping, your research analysts are free to ask questions at the end. You can do so via the Q&A function or by raising your hand and you can ask them live. And you can ask those as you go along the way. Handing over to Dan and Matt. Thanks, Dave. Let me share the presentation. It's my pleasure to be with you again today with Dan. And I think it's exciting times for Doug, although the results are not quite what everyone would have hoped for. We're really excited. So let's get on with it. So the highlights of the year is the Audible. It's now growing again and it's growing on the back of the MPFWI. Very strong forward momentum. The software revenue is up 22%. I've been sort of talking about that over the last few releases, saying that we're really excited about software and finally we're starting to see that deliver and I think we'll continue to see that accelerate. Revenue was down a little bit as we flagged it six months ago. We were going to be flat and unfortunately we ended up slightly down on flat. But an EBITDA was soft, but we've been investing a lot because it's sort of like being... two worlds for us, you know, very disappointing on the, on the share price side, but internally everybody can see what's happening. Everybody knows our technology. You can see our customers and our excitement and everything that's going on. And so it's, it's been a funny, funny six months in that regard in such excitement and, and drive and everyone's facing forwards internally, but, but it's uncertainty in the share market. Um,...