Verimatrix S.A. (0QAU) Q2 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.379 Hello everyone, welcome 00:00:03.379 -- 00:00:08.893 to the presentation of Verimatrix which will cover 00:00:08.893 -- 00:00:14.186 the activity of the second quarter of 2024 and then the 00:00:14.186 -- 00:00:19.591 financial results of the first semester. Before starting, I 00:00:19.591 -- 00:00:24.597 will introduce you to all the excuses of Amedeo D'Angelo who was supposed 00:00:24.597 -- 00:00:28.863 to participate in this call and unfortunately there is a little plane problem which is 00:00:28.863 -- 00:00:34.370 very late and therefore he is still in the air so he will not be able 00:00:34.370 -- 00:00:37.051 to join us. 00:00:37.254 -- 00:00:42.701 So, as I told you, we will look at the important points of the quarter from a business 00:00:42.701 -- 00:00:48.277 point of view. We will also focus on the second quarter in terms 00:00:48.277 -- 00:00:53.385 of turnover, on financial results, and then I will finish with the 2024 00:00:53.385 -- 00:00:54.967 prospects 00:00:54.967 -- 00:01:01.577 as we see them today. We will start 00:01:01.577 -- 00:01:06.965 with key elements, and I will start with something important 00:01:06.965 -- 00:01:08.648 for Verimatrix, 00:01:08.648 -- 00:01:12.509 in light of the transformation of the Group. 00:01:12.509 -- 00:01:18.616 Since, as you know, we are trying to transform the 00:01:18.880 -- 00:01:20.663 Verimatrix 00:01:20.663 -- 00:01:23.467 turnover by increasingly orienting 00:01:23.467 -- 00:01:27.751 the business towards much more recurrent revenues. 00:01:27.955 -- 00:01:32.142 And for that, we rely on two important offers. 00:01:32.142 -- 00:01:37.531 The first is a SaaS offer that covers the protection of video content in 00:01:37.531 -- 00:01:41.354 streaming mode. And the secon...