TECSYS Inc. (TCS) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to Texas second quarter fiscal year 2024 results conference call. Please note that the complete second quarter report, including MD&A and financial statements, were filed on Cedar Plus after market closed yesterday. All dollar amounts are expressed in Canadian currency and are prepared in accordance with international financial reporting standards. The company has added a companion presentation to today's call, which is available on their website at www.texas.com slash investors. Some of the statements in this conference call, including the question and answer period, may include forward-looking statements that are based on management's beliefs and assumptions. Actual results may differ materially from such statements. I would like to remind everyone that this call is being recorded on Friday, December 1st, 2023 at 830 a.m. Eastern Time. I would now like to turn the conference over to Mr. Peter Brereton, Chief Executive Officer at Texas. Please go ahead, sir. Thank you, and good morning, everyone. Joining me today is Mark Mettler, our Chief Financial Officer. We appreciate you joining us for today's call. As many of you saw in our results posted yesterday, our company closed our second quarter with continued overall revenue growth, underpinned by 37% SaaS revenue growth. Our SaaS bookings for the quarter were up 34%, and we have a healthy RPO, also up 34% over the same time last year. Our customer count continues to grow, and we've added new lenders in both Canada and the U.S., spanning commercial and government entities. I wanted to take a moment to highlight some key accomplishments in Q2 and how we see them laying the foundation for value creation. If you're following along on our company or companion presentation, I'll be speaking ...