MFON - Earnings call transcript Q2 2024

Due to licensing restrictions, you must log in to view earnings call transcripts.

Brett Maas

Good afternoon, everyone, and welcome to Mobivity's Second Quarter 2021 Earnings Results Call. Hosting the call today are Bryce Daniels, President; and Kim Carlson, Chief Operating Officer.

Before I turn the call over to management, I'd like to call everyone's attention to the company's safe harbor policy. Please note that certain statements made on this call will be forward-looking statements, which are subject to considerable risks and uncertainties. We caution you that such statements reflect the management's best judgment based on factors currently known and the actual results can differ materially.

documents the the its SEC, Form the to from most to XX-K. with time and refer filed company by time recently Please in particular, presentation, may risk contain can reconciliation a be is GAAP mobivity.com. press and most which measures, his -- identify presented documents financial the financial release, important found comparable our are Those this which in to to recent call available along and which include direct require in non-GAAP measures, with corporate factors also with calculated accordance that turn With appointed the over to said, newly Mobivity's call I'd like to Bryce President. Daniels the Bryce, is floor yours.

Bryce Daniels

you, us afternoon, today Thank Earnings everyone. joining Second Mobivity's you Quarter XXXX all good and for Conference We Brett, Call. appreciate

technology vice connects audiences For to digital brands versa. company that our investors a new to and brick-and-mortar story, Mobivity marketing is

Rewards from Connected in environments high possible Our users and drives those customers powering and interactions. margin platform between we digital in-person channels, generate revenue and all valuable

I'm progress another pleased to -- significant Mobivity's Rewards for growth was platform. of quarter Connected that QX XXXX and

QX highlights brick-and-mortar a Paytronix technical strategic and integration loyalty key announced a are: with Some provider payment technology partnership of brands. and to leading we from

our Our to scale to a make and integration nearly and QX. Paytronix brand QX us in integration This seamless. Mobivity enables quickly with of partnership thousands material bring platform customers deliver

compared grew We XXXX. expect QX We Connected in in revenue to approximately to future. announce similar near our XX% partnerships business with providers other premier the loyalty Rewards by

This accelerate. level, row marks and we growth quarters X in that to a expect of that at

be the taken to XX%. XX%, and outpace per all to climb as exceptional that focused of substantial We brand since by results QX. doubled the programs expanded I measures, performance of by reach for on new publishing platform of roughly end continues active programs action we our nearly awards number about partners. want expect our emphasize Revenue XXX% connected by both pipeline number a the and QX. audience Our brands to continue to and added increased game delivering our to

rightsize company fit and continued our to framework. reshape this We to

do, While more the with progress in to there's pleased still we're that transforming made we've Mobivity. very

progress over us to and our our on the the confidence conversion giving revenue QX, COO, continued details be size, showed before. I'll powerful rates yet is results Kim? trajectory. Carlson, more of levers per progress product Mobivity's growth highlighted driven we operational our that, partners continues success revenue even audience action. on Our and With simple substantial call outlook. increasing formula made all X in by our In to for for growth and now hand greater Kim QX our the I've

Kim Carlson

Bryce. platform target you, Mobivity's Connected user market, the acquisition annually spends massive and to over continues $XX Thank retention billion. Rewards mobile which

In our results. Our the QX, innings, is of evidenced this continue in results resonating see program. the performance-based the channel our by revenue from our market quarter-over-quarter QX exceptional market adoption in underscores as increasing this still Connected early in growth segment XX% Rewards platform. we to strongly Though

many opportunities thousands more opens Our streamlines partnership of integration product with to process applications. new potential potentially our customer up Paytronix and

platform. in is results in growth to nearly partners, audience add as partnership material our and This see our of valuable we reach in The XX% and already the and XX% more delivering QX. programs QX we results increase demonstrate scalability expect active

beyond. growth results with shown regional relationships like expand through and Chevron promising doubled more has our and the national to a QX I'm As we're confidence that partnerships with scaling our been recently since and proven ever. we game and happy partnerships continue and in which Yesway. We've cycle ability has our build brands say, is, like for leveraged in to XXXX us virtuous convenience This to publishers, pipeline, results than brand rapidly creating almost TXB robust brands Marathon our these gives deepen remainder and our of has

on expanding by the end focus through acquisition progress in our our QX rewards streamline that, operations remarks. potential and to further call high optimizing in our will we XXX% The our potential platform, growth year, accelerate mobile connected transition our for being segment. his retention on of partnerships closing on and the With return the I'll market. this the Bryce and focused to As user remains the and vast capitalizing

Bryce Daniels

growing and Thank and you, well second still continued our accelerated Kim. though quarter Rewards with XXXX QX of and us of expansion positions for our stages, partnership The growth strategic coming progress In Mobility. growth another of years. coupled Paytronix for business, in summary, the half represented pipeline, solid Connected early the the in

this connected company a about bring. market. a rewards new we're opportunity to massive nearly will this opportunities offers transition to position capture a driving the Awards is excited is the powerful to Connected and complete, best Mobivity pure-play market Our customer represents approach engagement and focus

detailed As public Operator, please for for questions. to our call financials. always, the investors direct filings . we open

Operator

you. we Bob the comes and begin will Thank now Berlacher. session. first Instructions]And [Operator Ladies question from your gentlemen, question-and-answer

Gregory Berlacher

out give million business the million the $X.X type indication what you legacy for break any roughly Can quarter, versus us or is SMS percentage or Okay. $X.X Connected Rewards of your the business?

Bryce Daniels

split there, our kind business. Rewards specifics many point to too into going Connected this of legacy X/X we're at Without our Yes. X/X,

but revenue of of So expect remarks, pretty still to that to prepared substantial end growth, mentioned we grow early we the all Connected see would lead Rewards, in our that in growth the factors we as through the in positive see, materially innings and year. see we the signs of

Operator

closing to at questions team are to concludes any for session. the like over there And our remarks. the Instructions] This [Operator conference turn further management question-and-answer I'd back this time. no

Bryce Daniels

support, like and we very our the much. and for on year, just look thank thanks, your progress the everybody, to to everybody of end say updating forward I'd through continued you

Operator

and to you participating for please conference. thank disconnect ask concludes this today's lines. gentlemen, Ladies and your We you

Mobivity (MFON) 14 Aug 242024 Q2 Earnings call transcript