and you Thank joining you, for today. Kenny. Welcome all thank us
the bringing positioning speed few Since over the particular been in and with to myself I I employees. all the I OTI people. see you with past impressed much professionalism been know, I quarters its and OTI you company joined getting the December that in of December, and of what CEO. have with acquainted been can as and the fully As has incoming share quality have I and up
months past and unique the team to on level. my working I firmly the been technology with we the next growing already new of management profitability success. for few strategy believe to with few I long-term company and have means weeks OTI market and that cashless back and are the positioned growth In payments to bring
We for in space in growth in a markets, a area company automated are well-positioned number ATMs. retail key important of smart the the
expect Russian XXXX, to and than continued to around us. in market contactless Due important readers. delivered capabilities for XXXX. on technological and increase up how payment we sales be XX,XXX orders it over and Those year-over-year market. XXXX, proof In retail systems security. This XX,XXX were more advanced advanced level delivered deployments continue the ongoing our certification, In products an we world is an our meet XX% is of highest leading for Russian the over self-service based to to mirror use the we in our one
brought plans our bringing including restructuring our new our mid-June, potential systems than ultimately role sales that goal with Western and towards it the for Marketing. we and our markets hope potential. OTI goal while back at strategy at for received payment ultimately improving be my purchase inherent Japanese quarters, a have and are the on we most with sales, cashless a European our in employees, order in markets U.S. additional execution VP on company to to regard, key core a of we to ahead realize key my elaborate In growth of the A OTI also operational which fully to we coming ahead In of market and of improve to in In sales profitability. marketing have UK us. already expanding part our of business our I begun look team have payment sales, new execution and Japan and the X,XXX systems key market. represent will more XX,XXX further the some vision, long-term for activity, for
our a private raised million we Ivy, from $X.X year, from board a last two in Mr. shareholder, of end the members current placement. At of and
raise of raised of under vote we will with to us million shareholders, our January same pleased conditions conditions, same private April in the XXXX. confidence the private Furthermore, met, those placement. XXXX capital in our we certain under In Ivy strategy. of board a by end with additional we that placement $X.X $X.X million working additional represents approval are including if will our support certain provide are and members. This cash Mr. growth potential Additionally, this
to Assaf, want global Before seeing briefly touch impact on we we the to on move pandemic. from are the I coronavirus
impact. To-date, we significant seen have financial no
a all where recovery and possible which employees, all hope step to who home. those working protect We including shift will complying in to speedy do in be our are are with this taking from that we every we work the instructions behind soon local the regions We due and episode operate possible wish us. unwell virus and
CFO results. with like over the to And our Assaf to I financial summarize hand to would that,
Assaf, please ahead. go