The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Nicholas Cortellucci - Atrium - Analyst
: Hey John, Congrats on the transaction here. Good to see you guys on all fronts here and making some good moves for cheap pricing, in my opinion.
I wanted to ask you guys about the client concentration. So typically, with ADF, we saw three to four clients making up 80% of revenue or so every
quarter. How does that change post-acquisition once you have water implemented? Does that go to five to six clients making up the bulk of
revenue? Or how do you see it?
Question: Nicholas Cortellucci - Atrium - Analyst
: Got it. Yes. Diversified mix, steady things there. That's great. Okay. And then on margins. So what kind of margins are you expecting out of LAR
now and then looking a couple of years down the line once you've completed these investments, can you get up to those ADF levels?
Question: Nicholas Cortellucci - Atrium - Analyst
: Okay. Perfect. And with that equipment you guys are buying, are you looking to implement any robotics, some of the stuff in the ADF playbook?
Question: Nicholas Cortellucci - Atrium - Analyst
: Okay. Got it. And then on the doubling of the backlog over the next two years, how do you see that playing out? What kind of levers are you guys
pulling on to achieve that?
Question: Nicholas Cortellucci - Atrium - Analyst
: Perfect. Okay, well, yeah, those are the only questions for me. Thanks for the time, guys, and that great presentation here. I'm going to go through
the deck and looks like there's a lot of good information.
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