Sabio Holdings Inc. (SBIO) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Savio Holdings' 2025 Earnings Call. The financial statements and management discussion and analysis are available on CDAR+. Today is Friday, May 1st. Joining us are Savio's founder and Chief Executive Officer, Aziz Ramatullah, and our Chief Financial Officer, Sajid Premji. After management's remarks, we will open the call for questions. Analysts may raise your virtual hand, and investors may submit questions in the question and answer window. Before we begin, please note that today's remarks may contain forward-looking statements and information. These statements involve known and unknown risks and uncertainties. Please refer to the filings on CDAR Plus for more information. All figures are stated in U.S. dollars unless noted otherwise. With that, I now turn it over to Aziz. Thank you, Martin. Good morning, everyone. Our performance in 2025 reflects a year that was both transformative and volatile. We entered the year with a clear mandate, drive top-line growth while diversifying into programmatic and international markets. That strategy delivered strong early results with a 34% year-over-year growth in the first half. As the year progressed, macroeconomic pressures, particularly tariff impacts across two key sectors of auto and telco sectors, disrupted momentum, resulting in a flat second half relative to the first, something we had never experienced in our 11-year history. Despite these headwinds, we delivered 10% top-line growth excluding political inadequacy, driven by expansion into new products and global markets. More importantly, we have established a stronger foundation for future growth through diversification and scale. We transitioned from a business where 97% of revenue in 2024 was driven by a single product and one...