Wajax Corporation (WJX) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for attending Wajax Corporation's 2025 Second Quarter Financial Result Webcast. On today's webcast will be Mr. Iggy Domodowsky, President and Chief Executive Officer, Ms. Tanya Cassadino, Chief Financial Officer. Please be advised that this webcast is being recorded. Please note that this webcast contains forward-looking statements. Actual future results may differ from expected results. I will now turn the conference over to Tanya Cassadino. Please go ahead. Thank you, Operator. Good afternoon, and thank you for participating in our second quarter results call. This afternoon, we will be following a webcast, which includes a summary presentation of Wage Access Q2 2025 financial results. The presentation can be found on our website under Investor Relations, Events, and Presentations. To begin, I would like to draw your attention to our cautionary statement regarding forward-looking information on slide 2, and non-GAAP and other financial measures on slide three. Please turn to slide four. And at this point, I'll turn the call over to Iggy. Thank you, Tanya. To start, I will provide highlights on our second quarter before turning it back to Tanya for commentary on backlog, inventory, and the balance sheet. And this slide provides an overview of WAJAX. The corporation has 167 years of Canadian operating history and operates across 110 branches with a team of approximately 2,900 employees. During the quarter, our head of equipment categories and revenue sources made up approximately 59% of our total revenue on industrial products, and ERS generated approximately 41%. Turning to slide five, this slide provides an overview of our purpose and values. Wade Jackson's purpose statement is empowering people, build a better tomorrow, which we strive to achieve by livi...