GBG: GB Group PLC (GBGPF) (H1 2025) Earnings Call Highlights: Strong Revenue Growth and Strategic ...

In This Article: Release Date: November 19, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript . Positive Points Negative Points Q & A Highlights Q : Could you give us a sense of what percent of Identity is Americas and how far was it from the 6% Identity growth overall? A : David Ward, CFO: Americas represents about 40% of Identity revenue. While we don't disclose specific performance for geographies, Identity in Americas showed year-on-year improvement, moving back into positive growth territory, but only just. Q : Can you provide more color on the Temu partnership and its potential upside? A : Dev Dhiman, CEO: The relationship with Temu began in April, focusing on cross-border e-commerce. They saw significant improvement in match rates compared to their previous provider, Google, leading to expansion into 20 markets. In August, we expanded into Identity services for age verification, chosen for our international coverage. Q : Are there any areas where regime change in the US could impact your business? A : David Ward, CFO: Stability and decisions could be slightly positive, but we don't foresee any specific impacts. Crypto revenue remains about 1% of total group revenue, unchanged for two years, and we don't expect significant changes there. Q : Can you contextualize the drivers of NRR improvement, such as multi-bureau and international data? A : David Ward, CFO: NRR improvement is driven by upselling, pricing discipline, and initiatives like GBG Trust and GO. Multi-bureau has good penetration, especially in the US, and international data has been a focus, improving competitiveness and customer retention. Q : What are your longer-term growth ambitions for GB Group? A : Dev Dhiman, CEO: While difficult to quantify, our ambition is to accelerate growth. Recent wins, like with Grab and a Magnificent 7 company, show our increased competitive positioning. We aim for ambitious growth, but macro uncertainties still play a role. For the complete transcript of the earnings call, please refer to the full earnings call transcript . This article first appeared on GuruFocus .