IDT Aims for $126M in Adjusted EBITDA in FY22 with NRS, BOSS Money, and Net2Phone Growth

Thursday, Jun 5, 2025 8:17 pm ET1min read

IDT targets full-year $126M adjusted EBITDA, driven by growth in NRS, BOSS Money, and AI-powered net2phone. The company aims to expand its customer base and revenue streams through strategic acquisitions and investments. The earnings call transcript provides insights into IDT's business strategy and financial performance.

IDT Corporation (NYSE: IDT) reported robust third-quarter results for fiscal year 2025, showcasing significant growth across its business segments. The company's adjusted EBITDA increased by 57% year-over-year to $32.2 million, driven by strong performance in its National Retail Solutions (NRS), BOSS Money, and net2phone segments. CEO Shmuel Jonas highlighted the company's focus on developing new offerings to leverage its platform and enhance customer experiences.

Key highlights from the quarterly report include:
- Revenue Growth: Total revenue grew by 1% year-over-year to $302.0 million.
- Gross Profit Margin: Gross profit margin increased by 470 basis points to 37.1%.
- Operational Performance: Income from operations surged by 133% to $26.6 million, while GAAP EPS increased to $0.86 from $0.22, and Non-GAAP EPS rose to $0.90 from $0.38.
- Segment Performance:
- NRS: Recurring revenue increased by 23% to $29.4 million, with a 37% increase in Merchant Services & Other revenue. The segment's adjusted EBITDA grew by 28.6% to $7.2 million.
- BOSS Money: Transactions increased by 27% to 6.0 million, and revenue rose by 25% to $34.4 million. The segment's adjusted EBITDA increased by $4.8 million to $5.0 million.
- net2phone: Subscription revenue grew by 7% to $21.5 million, while adjusted EBITDA increased by 50% to $3.2 million.

Looking ahead, IDT aims to expand its customer base and revenue streams through strategic acquisitions and investments. The company is targeting a full-year adjusted EBITDA of $126 million, reflecting its commitment to growth and innovation. Jonas emphasized the company's dedication to providing enhanced services to its customers and thanked its employees and stockholders for their support.

References:
- [1] https://www.morningstar.com/news/globe-newswire/9464317/idt-corporation-reports-third-quarter-2025-results

IDT Aims for $126M in Adjusted EBITDA in FY22 with NRS, BOSS Money, and Net2Phone Growth

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