CSP Inc Q4 2024 Earnings Call Transcript

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

Question: Joseph Nerges - Segren Investments - Analyst : Good morning guys. How are you today?

Question: Joseph Nerges - Segren Investments - Analyst : Just one quick accounting point here, Gary last year I think you mentioned in our fourth quarter, we had a, a credit of 2.1 million for an employment retention credit in our in our reporting of the fourth quarter of last, last fiscal year. So that, that, that obviously that, that number, you know, and when we're comparing fourth quarter this year versus fourth quarter last year, that credit didn't fall into this year. So that, that's a considerable number. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. DECEMBER 20, 2024 / 3:00PM, CSPI.OQ - Q4 2024 CSP Inc Earnings Call

Question: Joseph Nerges - Segren Investments - Analyst : I'll go on to the, not your question. But, we talked about last year acquired what we call proof of concept and I realized the trade shows that, you referred to were very recent. In fact, we were in one last, last week I believe in Oman. But, but, the Rockwell was last month and then the Atlanta Show I think was the month previous whatever. So I'm assuming there's an enormous amount of leads come out of all those shows. But do we have any proof of concepts? Have we, have we started testing any of these companies or even even prior to where are we at today with testing, how many people are out there? How can I say testing, testing a ZT Protect today?

Question: Joseph Nerges - Segren Investments - Analyst : Yeah, but even, even prior to that, we've, we've had proof of concepts ongoing even from earlier this year.

Question: Joseph Nerges - Segren Investments - Analyst : And just, just, just to clarify you, you've, you've made it pr s on this before, but you, we have three fortune 500 companies now that are utilizing AC T A chemical company. The you know, the power company that we just referred to and the pharmaceutical company that we announced earlier this week, as well as well as the government. You know, the Western intelligence agency that, that are utilizing AC t protect. So we're not talking about small customers here that have, have looked at it and approved it. I just want to clarify that. So.

Question: Joseph Nerges - Segren Investments - Analyst : Just I appreciate that. And one other point on the stock buy back be like 2,800 shares. IiI, all I'm saying is I think you guys and the board ought to get maybe slightly more aggressive. I know, we have a little more volume in the shares now than we did a year ago. But so we can't, we can buy more shares under the market conditions. But I would think that you guys should be seriously considering maybe be, maybe upping the amount of shares that can be repurchased under the program and I'll leave. I'll move on to somebody else's questions. Thanks again guys.

Question: Will Lauber - Visionary Wealth Advisors - Analyst : Yeah. Guys, just so people can realize and help us get a handle on how much money you guys are putting into this a GT effort for hopefully a huge payoff down the line. What would the earnings have been that division for this year?

Question: Will Lauber - Visionary Wealth Advisors - Analyst : So could you guys put an approximation it? I mean, could we have earned a dollar a year?

Question: Will Lauber - Visionary Wealth Advisors - Analyst : More than a dollar a year. . Okay. Okay. My next question was the increase in your recurring revenue as a percentage is pretty impressive when you look out say three maybe five years down the line. What, what percentage do you think that could be? And what's kind of your internal goals?

Question: Will Lauber - Visionary Wealth Advisors - Analyst : Okay. All right, thank you.

Question: Jeffrey Stevens - Long Pond Capital - Analyst : That's what's going on guys.

Question: Jeffrey Stevens - Long Pond Capital - Analyst : Yeah. Good, good. I wanted to look, I look back a couple of years ago. You guys had a relationship with NVIDIA with Aria. You guys were, did you guys did a little a little announcement with them that they're, they, their hardware and they're using your software? Is it possible that they have, you, have you had conversations, conversations with them with for a ZT?

Question: Jeffrey Stevens - Long Pond Capital - Analyst : All right. Well, thank you so.