ADF Group Inc Q2 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Nicholas Cortellucci - Atrium Research Corporation - Analyst : Good morning, Jeff and John, hope you guys are doing well. Couple of questions here. Firstly, I know we had the $35 million delay, but inventory

Question: Nicholas Cortellucci - Atrium Research Corporation - Analyst : Okay, understood. And we saw great improvement with the margins this quarter. So I wanted to ask you guys how sustainable that is. I know last quarter you're talking about not being the steady state, but you came out again with a vastly improved margins. So just curious on the sustainability of that and how you see that coming in the next couple of quarters?

Question: Nicholas Cortellucci - Atrium Research Corporation - Analyst : So you ended the quarter in very large net cash position here, and we expect you guys to keep generating cash over the next couple of quarters. So it seems like ADF is going to be in another position to allocate capital, whether it's increasing the dividend or buying back stock. So am I right in assuming that we should see some more capital allocation over the next couple of quarters? Or are we still next year?

Question: Nicholas Cortellucci - Atrium Research Corporation - Analyst : Okay, great. And then just a last one for me. Do you have any updates or color on new contracts for the Los Angeles Olympics in 2028, or any other secular trends that are worth mentioning that that should drive new contracts over the next coming quarters?

Question: Nicholas Cortellucci - Atrium Research Corporation - Analyst : Okay, understood. That's all for me. Thanks for the time, guys.