Verimatrix S.A. (0QAU) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

You know that the world is in a situation of instability, whether for wars, the war in Ukraine or the Middle East, or for the approach of the United States on the part of the customs, which has destabilized certain areas of the world. especially in Latin America, in which Verimatrix is the absolute leader. The countries of Latin America, with economic instability since January, they have to make big investments. And we, as Verimatrix, have concentrated to develop other areas in the world, especially in the Middle East and Africa, as you will see, on the figures that Jean-François will show you. We reacted with a very strong market weakness in the first quarter, with integrated solutions to take market shares. These are the clients that you see that we signed in the first half of the year, divided into anti-piracy products and cybersecurity products. And to finish on the second quarter, as a turnover. Compared to the first quarter of 2025, we have progressed by 30.5%. To tell you, Verimatrix has implemented a whole new strategy of commercial forces with our focus on new customers to take market share and we are accelerating our activity on the market to increase both the turnover and the profitability of the company. And by the way, I will show you on the first half of this year, which is slightly lower than the first half of 2024 in turnover, we have progressed the EBITDA, the profitability of the company, by 49%. There is an improvement on the first quarter of 30% and an improvement on EBITDA in the first quarter of 2025 and the first quarter of 2024 of 49%. The company will continue to focus either on profitability or on winning market shares. This is our promise to our shareholders and our focus on companies around the world. Jean-François, do you want to continue...