Fluence Corp Ltd (EMFGF) Q1 2026 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.719 Good morning. Welcome to the Fluent Corporation Q1 FY2026 00:00:05.719 -- 00:00:10.024 results webcast. My name is Andrew Angus, and I look after investor relations for the 00:00:10.024 -- 00:00:15.111 company. With me today are Ben Fash, the Managing Director and Chief Executive 00:00:15.111 -- 00:00:19.437 Officer, and Ozzy Yarners, the Chief Financial Officer. 00:00:19.437 -- 00:00:21.780 Ben, over to you. 00:00:21.780 -- 00:00:24.183 Thank you, Andrew. Good morning, everyone. 00:00:24.183 -- 00:00:28.600 My name, as Andrew said, is Ben Fash, CEO and Managing Director of Fluent. 00:00:28.600 -- 00:00:33.746 And I'd like to welcome everyone to our Q1 2026 business and financial update. 00:00:33.746 -- 00:00:37.491 As always, thank you for your time today and your interest and influence. 00:00:37.491 -- 00:00:42.718 With me is our CFO, Ozzy Giannis. By now, you've likely seen 00:00:42.718 -- 00:00:47.143 our Q1 business update and Appendix 4C that was recently released. 00:00:47.143 -- 00:00:51.088 I will provide a brief overview of the results and direction of the business and then 00:00:51.088 -- 00:00:56.513 turn it over to Ozzy to provide additional commentary on the financial results. 00:00:59.144 -- 00:01:02.949 There was a lot to be encouraged about regarding Fluence's Q1 results. 00:01:02.949 -- 00:01:07.835 In what is traditionally a relatively slow quarter, EBITDA performed quite well, hitting 00:01:07.835 -- 00:01:12.521 half a million against a prior period EBITDA, which was essentially breakeven. 00:01:12.521 -- 00:01:17.527 This was a result of continued strong execution of our backlog as gross margins 00:01:17.527 -- 00:01:22.093 increased 3% compared to Q1 2025, as 00:01:22.093 -- 00:01:26.696 well as the company m...