Thank Thank for for XXXX you. us joining you morning. annual Good our call. year earnings
our Financial Chief Freund, Officer. is Here Ron
an will providing of website. XXXX. answer The summary happy with was our our affected will the and press factors released we by also release, during which any our your should the By today. results business remarks, be be to We of prepared begin release available now, access our principal earlier everyone After questions. have to will of on our that overview you
profitability operations of In cost at million of records. unprecedented success of XXXX, achieved in revenue experienced stood Remarkably, EBITDA strategic reached of growth indicator milestone million. key new our substantial cash initiatives. $X.X the profitability, from and $X.X with The setting The terms flow revenue company generated rate income company underscoring both $XX.X net million. all the $X.X million.
to the trade and across products. high-end with defense tension demand European the of the and situation presidents influence coupled our continue rise budget The U.S. ongoing between China the the in nations Israel, in
in anticipate accelerated the increased trend into extend Since investment backlog we growing years. The to XXXX, the had inspection the that demand persists, and of our our XXX%. upcoming by plan
] [ the of influence has backlog. our ongoing been fully conflict [indiscernible] Israel the in While not
of half the become XXXX. impact evident pronounced second more later to expected We in
We have the streams and by [ diversified market. medical opportunities our revenue exploring achievely ] beyond defense devices
and leading and substantial the for crucial collaboration Our semiconductor a role focus orders whose products machinery strengthening of production with new includes chips. large-scale securing technology play in a customer
Currently, underway our commercial volume. been sales effort to argument has
and Our we key optimize optimal order profitability a focus strategy pricing remains as to to this continue acceptance as rates. to approach achieve
our are execution We actively plan. progressing with investment of accelerated
of investment To we million, approximately anticipate date, entire have orders the an of for end we and to XXXX. committed fulfilling plan by $XX the
line and the investment release, mentioned we accelerated In Viafree [ the ] additional 'XX under component adjustments. significant first commissioning stages press, stages. additionally December the We the and engineering implemented cutting-edge of successfully our installation quarter software. is in and received is press the machine in software is final XXXX, of currently installed Furthermore, press were The a which plan. installed
the to field. During the QX at end our of us this training to is in engineers. of XXXX, plan -- front technological we advancement This position the software complete a the
production building new the seamlessly capacity. We so, new seeks without aim within move have expanded space initiated office expenses incurring existing in overhead production infrastructure. to utilization, our [indiscernible]. up By space to construction the office of for optimize lines additional integrate for freeing This doing we
delay shipment of the country, the program. and logistical to anticipate team in accelerated securities the the of the issue arrival investment the result a challenges of As technical Israel entering the supplier we of potential
delays. to mitigate try efforts significant these to dedicating actively are We
the in increased to are demand for Contextually, domestic focused [ capacity strategic ] importance chips and we seeing repatriate pursued States, to of America U.S. production recognize actively Act we expansion augmenting PCB on of PCB underlying production U.S. the for in In in PCB chips the the for anticipate seeking our the years. substantial company growth The we the the market, are in manufacturing acquired upcoming behind United PCB manufacturing. growth, motivation the
the In February like and participated with I balances used together to the existing This expenses. in investors by XXXX, opportunity this for finance that either for us will public. will in from the cash who and be XXXX, before to bank we take bank future thanks of us The growth. raising or its debt million transaction repaid financing placed our would a continuous from amount the to $XX they the capital have raised we purpose of offering trust and successful raising debt the our loan capital management. our fact company -- M&A allow during the all to
financial Freund, our I results. will our Ron now to over to CFO, the discuss turn call
