Aug 14, 2024 / 10:30PM GMT
Michael Mcconnell - Adacel Technologies Ltd - Non-Executive Independent Chairman of the Board
Thank you, and good morning, everyone. Thank you for attending our call this morning. I'll open with a few brief comments and then hand the call over to Daniel. It was both a frustrating and disappointing year. The team did a terrific job securing a number of important and large contracts. That's the good news. Regrettably, the timing of the contracts were delayed relative to our internal plans and expectations, resulting in operational efficiencies and a consequent impact on in-year profitability.
However, as we look forward to fiscal year '25, we are optimistic given the multiple significant contract wins, the ongoing management efforts to optimize our cost structure, and a robust pipeline of new opportunities. Notably, those related to revolve our product targeted at the remote tower space. Accordingly, we are forecasting fiscal year 2025 EBITDA to be in the range of USD4 million to USD5 million.
I'll now turn the call over to Daniel Verret, our Chief Executive Officer. Daniel?
Full Year 2024 Adacel Technologies Ltd Earnings Call Transcript
Aug 15, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers