Qoria Ltd (FMZNF) Q2 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.940 Good morning, everyone, and thanks for joining our December quarterly presentation. 00:00:05.940 -- 00:00:11.488 And as usual, we'll be going through the presentation and holding questions to the end. 00:00:11.488 -- 00:00:15.694 Everyone's ability to unmute their microphone is turned off at the moment, but I'll turn 00:00:15.694 -- 00:00:19.700 that on at the end once we've finished the presentation. 00:00:19.700 -- 00:00:22.004 So if you raise your hand, I'll be able to do that. 00:00:22.004 -- 00:00:27.152 You can ask questions through the Q&A function at any time, and we'll again hold 00:00:27.152 -- 00:00:29.495 those to the end and answer them at the end. 00:00:29.495 -- 00:00:33.561 and handing over to Tim to take us through the first part of the presentation. 00:00:33.561 -- 00:00:38.588 Great. Thanks, Ben, and thanks, everyone, for your time and your interest in Korea. 00:00:38.588 -- 00:00:43.756 It was a very big quarter for us. There was a record adding $12 million of 00:00:43.756 -- 00:00:48.363 recurring revenue in the quarter, obviously assisted by the foreign exchange, which has 00:00:48.363 -- 00:00:51.027 been very helpful, and I don't think there's signs of that going the other way. 00:00:51.027 -- 00:00:52.809 But 00:00:52.809 -- 00:00:57.035 let's go through it. So we ended the calendar year with... 00:00:57.035 -- 00:01:03.341 supporting 25 million kids, 7 million parents, 21,000 schools across 100 countries. 00:01:03.341 -- 00:01:07.646 On the key financial metrics, we had a 12 million recurring revenue. 00:01:07.646 -- 00:01:12.871 We ended the year at 132 million of ARR. Our operating cash flow 00:01:12.871 -- 00:01:17.996 was positive again at 4.2, free cash flow negative 1.1, which is just negative, and 0...