Xtract One Technologies Inc. (XTRAF) Earnings Call Transcript & Summary

Okay. So administratively, we'll take the script as read, and all motions passed on the basis of proxies received. Peter Evans, over to you.

Well, thank you, everyone. I'm just going to have a couple of quick words here since we just recently did an earnings announcement. Thank you to everyone who's joined us today for this AGM. Let's start by thanking our shareholders for their continued support for Xtract One, support for a very, very dedicated group of employees for the company and, of course, to our customers. Fiscal 2025 was a year of setting a solid foundation for growth with continued adoption of the SmartGateway solution as well as introduction of the new One Gateway solution, along with expansion into new markets and new geographies. We continue to meet new milestones as a business, and I'm very much looking forward to fiscal 2026, where we can further capitalize on those investments and milestones that we've achieved and continue to see the trend for business expansion for innovation and achieving even more milestones. We're playing in an interesting market that's got an unprecedented level of demand and some very interesting challenges in a very unpredictable macroeconomic, social and societal environment. But having said all that, I couldn't be happier with how we've navigated through these business challenges and how we've scaled the business for growth over the past 5 years or so. And so doing this, though, if I think about it for a company that did approximately $40 million or so 5 years ago to one where we announced in excess of about $16 million in our most recent quarter. This to me is a reflection of the brand we're trying to build as a company, the trust that we're building with all of our customers and our ability to deliver pragmatic innovation that's driven by those customer needs. So thank you, everyone, for joining us today. I look forward to yet another compelling year of business. And at this point, I'll turn it back to you, Brian, or unless we want to move to Q&A.

No, I think just on the basis of attendees, it might be a little bit complicated to accommodate that. So to the extent anybody has questions, of course, there's an Investor Relations info -- or contact info readily available, feel free to submit those separately. As for the meeting, we'll consider this adjourned. Thank you, everybody, for taking the time. Have a good day.

Thanks, Peter. Thanks, everybody. Bye-bye.

Thanks, everyone.