Adcore Inc. (ADCOF) Q3 2024 Earnings Conference Call Transcript

Adcore Inc. (OTCQX:ADCOF) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET

Company Participants

Nick Campbell – Head of IR
Omri Brill – CEO and Founder
Amit Konforty – CFO

Conference Call Participants

Nick Campbell

Okay. Good morning, and welcome to Adcore’s Q3 2024 Earnings Call. Today, we’ll be going over the company’s Q3 results. On the call today, you have myself, Nick Campbell, I’m Head of IR here at Adcore; you have Omri Brill, CEO and Founder; and you’ll hear from Amit Konforty, Adcore’s CFO.

The agenda for today will begin by going over some forward-looking statements, followed by the CEO opening remarks and then followed by the CFO financial highlights and finally, Q&A. [Operator Instructions].

Before we begin, I would like to remind everyone today that during the call, we will be making forward-looking statements that are somewhat uncertain in nature. These statements are subject to risks and uncertainties, so please bear that in mind while listening to the call. I’ll give everyone a minute to review the disclosure before moving on.

Okay. Thank you all for your patience. We’ll now begin with Omri Brill’s portion for the CEO opening remarks. Omri, the floor is yours.

Omri Brill

Thank you very much, Nick, and good morning, everyone. It’s my pleasure to discuss the company Q3 financial report today, and let’s start with the presentation. So all-in-all, it was a very positive quarter for us. All the important metrics that the company consider as key metrics in terms of our financial statement, whether it’s gross margin, gross profit and also growth in specific markets that we believe are strategic to the company were quite positive, and let’s dive into, let’s say, some highlights of these numbers.

So top line revenue concluded in Q3 2024 was $7.8 million. It’s a

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