Full Year 2024 Armlogi Holding Corp Earnings Call
Speaker Change: Two off-site's on hold. We appreciate your patience and please continue to stand by.
Operator: Friends, and please continue to stand by.
Operator: Thank you for standing by, and welcome to the Armlogi Holding Corp Fiscal Year 2024 earnings call. Please note that today's call is being recorded.
Speaker Change: Thank you for standing by, and welcome to the arm-laugie, holding corp this school year 2024 earnings call. Please note that today's call is being recorded.
Matthew Ebonante: I will now turn the meeting over to Matthew Ebonante and Best Relations for Armlogi Holding Corp. Thank you, operator, and thanks to everyone joining us today for Armlogi's earnings call to discuss the full year results of 2024. Please note that our earnings press release was issued earlier today, and our annual report on Form 10-K was filed with the Securities and Exchange Commission. Both are available on the Investor Relations section of our website at ir.armlogi.com.
Speaker Change: Thank you, Operator, and thanks to everyone joining us today for Armlogies, earnings call. To discuss the full year results of 2024.
Speaker Change: Please note that our earnings press release was issued earlier today, and our annual report on Form 10K was filed with the Securities and Exchange Commission.
Speaker Change: Both are available on the Investor Relations section of our website at IR.armlogy.com. Joining us on the call today are I.D. Child, Chairman and Chief Executive Officer of Armlogy.
Matthew Ebonante: Joining us on the call today are IED Chow, Chairman and Chief Executive Officer of Armlogi, along with Ian Zow, Chief Financial Officer, and Scott Sue, Board Secretary. The format of our call will consist of comments provided by management, followed by a question and answer session addressing the questions that were submitted by investors. We thank everyone for submitting these questions.
Speaker Change: Along with ANZOW, Chief Financial Officer and Scott Sue, Board Secretary. The format of our call will consist of comments provided by management, followed by a question and answer session addressing the questions that were submitted by investors.
Speaker Change: We thank everyone for submitting these questions.
Matthew Ebonante: Now, before we get started, I'm going to review the safe harbor state. Please note that today's discussion will contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including our financial performance and projection, our growth and revenue and earnings, and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as may, should, expects, anticipates, contemplates, estimates, intends, believes, plans, projected, predict, potential, or hopes, or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the company, our ability to keep pace with new technology and changing market, and the competitive environment of our business.
Speaker Change: Now, before we get started, I'm going to review the safe harbor state. Please note that today's discussion will contain forward-looking statements. In addition, from time to time, we are our representatives may make forward-looking statements orally or in writing.
Speaker Change: We base these forward-looking statements on our expectations and projections about future events.
Speaker Change: which we derive from the information currently available to us.
Speaker Change: Such forward-looking statements relate to future events, or our future performance, including our financial performance and projections, our growth in revenue and earnings, and our business prospects and opportunities.
Speaker Change: You can identify forward-looking statements by those that are not historical in nature.
Speaker Change: It clearly those that use terminology such as may, should expect anticipates, contemplates, estimates, intends, believes, plans, projected, predicts, potential, or hopes, or the negative of these are similar terms.
Speaker Change: In evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the company, our ability to keep pace with new technology and change in marketing.
Matthew Ebonante: These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties or assumption. The forward-looking events discussed on this call and other statements made from time to time by us or our representatives may not occur in actual events, and results may differ materially and are subject to risk, uncertainties, and assumptions about us.
Speaker Change: In the competitive environment of our business.
Speaker Change: These and other factors may cause our actual results to differ materially from any forward-looking statement.
Speaker Change: Forward-looking statements are only prediction. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties or assumption.
Speaker Change: The forward-looking events discussed on this call in other statements made from time to time by us, or our representatives may not occur in actual events and results may differ materially, and are subject to risks uncertainties and assumptions about us.
Heidi Chow: And with that, I would like to hand the call to our first speaker, Heidi Chow, Chairman and Chief Executive Officer of Armagy. Good afternoon, Heidi.
Speaker Change: And with that, I would like to hand the call to our first speaker, IED Child, Chairman and Chief Executive Officer of Armlogy.
Heidi Chow: Good afternoon, and thank you all for joining us for the all-affishable year 2020-24 fill-in-his-call in which we will discuss the results for the fifth year ending June 30, 2020-24. Armagy is a dynamic and a rapidly growing U.S. space with housing and the logistic service provided. We offer a comprehensive suite of the supply-chance solution in encompassing warehousing management and our fulfillment, catering to the involving users of a business-making and increasingly interconnected work. The e-commerce funds do not buy the internet, and the globalization has created a landscape where merchants increasingly seek to expand their reach through international platforms like Amazon and eBay.
Ilya: Good afternoon, Ilya.
IED Child: Good afternoon. Thank you all for joining us for our fiscal year 2020 24th. In this call, we're going to discuss the results for the 5th of February and the June 30th, 2020.
I'm Logic: I'm Logic is a dynamic and a rapidly growing US-based way of housing and the logistics service provider.
I'm Logic: We offer a comprehensive suite of the supply chains solution.
I'm Logic: In composting, warehousing, management, and the powerful movement, catering to the involving needs of the business in increasingly interconnected work.
I'm Logic: There's heat coming up for them.
I'm Logic: To the wider internet and the globalization has created a landscape where merchants increasingly stick to expand their reach through international platform like Amazon and eBay.
Heidi Chow: However, this expansion comes with a logistic complexity, particularly in cross-border shooting, long-delivered times, high-damage rates, and a peak season, conjection, based on the transformable challenges. Armagy's solution is its creativity and the impact from overseas warehouses, by establishing local storage and facility in target countries, with an Taiwan cross-border merchant, but as part of those work involved, insurance rates and a secure delivery to a consumer of some older placement. This approach is, statistically, the field-delivered time and the damage rate enhancing the overall customer experience. All upcoming men to excellent is inflected in all one-stop warehousing and a logistics service talented to cross-folder e-commerce merchants outside the U.S.
Speaker Change: However, this is ancient, come with a logistics complexity, particularly in cross-border shooting long delivered time.
Speaker Change: 5 damage relief and a big season, Conjection, President Price on the level of Challenger.
Speaker Change: I'm larger, the notion is critical and in tax on overseas warehouses.
Speaker Change: But establishing local storage in the facility in Cancue, the country.
Speaker Change: We, in Taiwan, cross-border notion has taught us those who are involved in sharing space and security delivery to consumer of some older placement.
Speaker Change: This approach is that, consistently, they do believe in time and the danger they are engaging over all customer experience.
Speaker Change: All of the time, it turned to an excellent answer. It's been selected to call one study warehousing and logistics service, talented to cross-folder key commerce merchants outside the U.S., on nice, thickly-by-low-cated warehousing.
Heidi Chow: on nice, think-litty, located warehouse. In fact, it was a state after our technology provided a nationwide footprint and then 10-to-storey space. We also offer full stretch and service from customer workers to transportation and a comprehensive warehouse management. Be sure to terminate the operation for our clients. Our dedication to quality is on a laser. We are able to ISO 9001 standard, ensure tight inventory, accurate and providing 24-7 customer support. This commitment, coupled with our larger volume of process goods, allows us to offer a comprehensive service and a deliver seat to train during our value of transportation.
Speaker Change: It's right to replace the state after our technology, provide a national wire, a footprint, and then 10-toes storage space.
Speaker Change: We offer a full stretcher in public service.
Speaker Change: From the summer of World Cup to the transplantation and accomplishing the warehouse and management. Be sure, feminists and operation for our clients.
Speaker Change: Our dedication to ecology is a wiser, we end up to ISO 2001 standard.
Speaker Change: In sure, high inventory, anti-rac and debt, providing 24-7 customers support.
Speaker Change: This commitment, coupled with our large body and our process goods, allowed us to alter a competitive service and a big let's see.
Speaker Change: Terror, training in our value compensation.
Heidi Chow: Technology is part of our operations. Our priority platform and career need in Amazon Web Service 12. It allows us to manage a shipment efficiently or find a real-time update and ensure integrity of the consumers. This technology-driven approach not only reduced costs but also minimized the errors. We have a comprehensive customer satisfaction.
Speaker Change: Technology is one of all the power operations.
Speaker Change: I'll try to transform.
Speaker Change: and Korean eat in a Amazon Web Surveys of Trump.
Speaker Change: In terms of to manage a management efficiently, provide a real time update and ensure that integrity of the delivers.
Speaker Change: So this technology has driven approach not only to reduce costs, but also to minimize the errors.
Speaker Change: A chance in customer satisfaction, as we look ahead, all of the real strategy on fear and
Heidi Chow: As we look ahead, our global strategy on fear and issues. We will expand our diversified customer base, targeting key marketing in China. This is the Asia and the Mexico. We are enhancing our customer supply chain efficiency by broadening our solution and the services, including expanding our international ultra-free capability. We will continue to do so in cutting-age supply chain technology, leveraging AI, data and energy, and it's not fit in to optimize the operation and the deliverer value inside. We will pursue easily to expand our capability and regenerate it and translate the term.
Speaker Change: We will expand and power the diversify our customer base, targeting machine marketing in China. Thus is the Asia and the Mexico.
Speaker Change: We are enhancing all of customer supply chain, in efficiency by broadening our solution and the services.
Speaker Change: In closing, expanding our international Ultramarine 3, Kesa Bellaget.
Speaker Change: We were continuing to do what in cutting age supply chain technology, leveraging AI.
Speaker Change: Then I enter it and it's not fit to compromise of operation and then please leave a very valuable insight.
Speaker Change: And we will first soon. Enjoy today.
Speaker Change: To expand our creativity and the generate of the current day in the future.
Ian Zow: I will now turn the call over to EN Channel, our chief financial officer, for his remarks. Thank you, I.D. We achieved several strategy and operational milestone in facial use of 1.24 and subsequent to the year end, which I will go through now. We made, we closed our initial public offering of 1.6 million shares of common stock at a public offering price of $5 per share. For a total of $8 million of gross proceeds to the company before deducting underwriting discounts and offering expenses. Net proceeds from the offering being used to expand the company's warehouse network and develop warehousing energy services, international ocean free services, and port tracking services, among other things.
Speaker Change: Now, I will now turn to the call to over to E.N. Child, our Chief of Signature of all of us in our chief remarks.
E.N. Child: Thank you, ID. We are chief several share to again Operation of Myofstil in Facial Use of 124, and but this went to the year end, which I will go through now.
Speaker Change: In May, we close our initial public offering of 1.6 million shares of public stock at a public offering price of $5 per share.
E.N. Child: For a total of $8 million of gross proceeds to the company before protecting underwriting discounts and offered expenses.
Speaker Change: Net Proceeds from the offering of being used to expand the company's warehouse network and develop warehousing and electricity services, international ocean-free services and or trucking services among other things.
Ian Zow: In addition, we signed a list for a new 733 and 200 square foot warehouse located nearby the port of Savannah in Georgia. In August, that warehouse know as the S-A-V-1 becoming fully operational and has quickly become the biggest and busiest among our night warehouses. S-V-A-1 is decreed with the logistic technology and is decided to support a wild bench of supply chain activities. From storage and distribution to complex logistic solutions. It's strategy location and one of the business ports in the United States provide optical asset for import and exporter. Future enhancing Armlogi service offering. Since June 2024, the facility has handled over 800 container shipments and maintains over 70% occupancy.
Speaker Change: In addition, we signed a list for new 733 and 200 square foot warehouse located near by the port of Savannah in Georgia.
Speaker Change: In August, that warehouse know as the SAB1, becoming fully operational and has quickly become the biggest and species among our Naira houses.
Speaker Change: SRA1 is the equivalent of the logistics technology and is decided to support a relevant of supply chain activities.
Speaker Change: From storage and distribution to complex electricity solution.
Speaker Change: It's judging location and one of the business for in the United States, but why optical assets for imported and exported? Future Enhancing on-logic service offering.
Speaker Change: Thanks to Student 24, the facility has handled over 800 containers shipment and maintains over 70% occupancy.
Ian Zow: We will also become an authorized warehouse provider for seller on the team will marketplace in June. Through this collaboration, we will offer a team with sellers streamlined asset to our warehousing facility until and to a world logistic service to provide fast order fulfillment and improved inventory management. This collaboration will allow us to serve more e-commerce sellers and will allow team seller to leverage Armlogi's logistic expertise to improve delivery speeds, reduce operational costs, and enhance overall customer experience. Furthermore, we announced a strategy partnership with MassMode Group, a manufacturer and distributor of PowerSport Vehicle and Pentium Boat, to provide shame library housing and logistic service for the assembly and distribution of vehicles, with the aim of meeting the rising market demand across key U.S.
Speaker Change: We'll also become an authorized warehouse provider for a seller on the T-Moo Marketplace in June.
Speaker Change: Through this collaboration, we will offer a team with solar-stream-like access to our warehousing facility until and till world logistics service to provide fast-order fulfillment and improve inventory management.
Speaker Change: This collaboration will allow us to serve more e-commerce sellers and will allow team of sellers to leverage on-logges, not just the expertise to improve delivery speeds, reduce operational costs and enhance overall customer experience.
Speaker Change: Furthermore, we announced a strategy partnership with mass-mokroup, a manufacturer and distributor of PowerSport Vehicle and Tintun boat.
Speaker Change: To provide you in my warehousing and logistics service for the asset rate and distribution of rear cost. With the aim of meeting the rising market demand across key U.S. regions.
Ian Zow: regions. This collaboration has restored in the integration of MassMode quality control standards into Armlogi's distribution process, the improving our service reliability. Under the terms of agreement, we will manage the reception of container shipments containing MassMode's vehicle kits from Asian suppliers. We will provide asset to our facility located throughout the U.S., which are equated with technology and specialized equipment necessary for handling and storage, large, and bulky items, but hearing to the ISO Mathmo will conduct vehicle assembly within our warehouse, while we will always see even to rematchment, storage service, and the logistics required for delivering the assembly vehicle to their final order destination across the United States.
Speaker Change: This collaboration has been saw in the integration of mass-mode quality control standards into a multi-disappusion process, the improving our service reliability.
Speaker Change: Under the turns of agreement, we will manage the reception of continuous shipment, containing mass-mostria co-kiss from Asian suppliers.
Speaker Change: We will provide asset to our facility located through the U.S., which are equidded with technology and special life, equipment, necessary for handling and storage large and bulky items.
Speaker Change: But hearing to the ISO-901 Industrial Standards
Speaker Change: Massmore will conduct vehicle assembly within our warehouse, while we will always see even to rematchments, door service and the electricity required for delivering the assembly vehicle to their final order destination across the United States.
Ian Zow: In July, we announced the leasing of a new 50,000 square feet warehouse in the city of Indonesia, California, to support our expansion tracking operations and our partnership with Massmo Group. The facility, which is equated with state-of-the-art infrastructures and technology, will provide additional storage and further streamline the distribution process. That's according to the end of the official years of point 24, we announced the expansion of our tracking department in July, supplying its capacity and extensive service to key clients, including Amazon. We enhanced our logistics service and expand our customer base, particularly in the East Fort Logistics Industry, investments in staffing, training, and equipment to meet rising demands and improve our service quality.
Speaker Change: In July, we announced a leasing of a new 50,000 square feet warehouse in the city of the industry, California, to support our expansion, trucking operations, and our partnership with Masmo Group.
Speaker Change: The facility which is equipped with state-of-art infrastructures and technology will provide additional storage and further streamline the distribution process.
Speaker Change: Subsequent to the end of official years of 2024, we announced the expansion of our trucking department in July, doubling its capacity and extensive service to key clients, including Amazon.
Speaker Change: We enhance our electricity service and expand our customer base, particularly in the East for electricity industry, investments in staffing, training and equipment and to meet rising demands and improve our service quality.
Ian Zow: In August, we announced our participation in the low carbon fuel standard program, including electrical forklift across our California warehouse operations to reduce greenhouse gas emissions. The initiative under for our commitment to embrace the renewable energy technologies and our role as the forward thinking organization that prioritized substantial ability in its operations. In addition, our participation in this program qualifies our technology for a monthly energy rebate.
Speaker Change: In August, we announced our participation in the low-carbon fuel standard program, including electrical fortlates across our California greenhouse operation to reduce greenhouse gas and emissions.
Speaker Change: The initiative on the four-hour commitment to embrace the renewable energy technologies and our role as a forward-thinking organization that prioritizes substantial ability in its operations.
Speaker Change: In addition, our participation in this program qualify our energy for monthly energy rebate.
Ian Zow: This wide-angle strategy and operational milestone achieves a facial years point 24 and beyond will allow us to better serve our existing clients as well as expanding our reach to the new market.
Speaker Change: This viable strategy and operational milestone achieved a facial year 24 and beyond we're allowed us to better serve our existing client as well as expanding our rigs to the new market.
Scott Sue: Now, I would turn it to Scott Chu, our second three, for our logic to provide an overview of our financial performance. Thank you, Ian, and good afternoon, everyone.
Speaker Change: Now, I will tell you to Scott Chu, a board secretary for Ablogy, to provide an overview of our financial performance.
Scott Sue: For further information regarding our four-year 2.24 financial results and the discoters, please refer to our only release and the annual report on phone 10K, start with the SEC. For the revenue for the four-year and June 30, 2024, we are 100.67 million of 123.6% from 135 million in fiscal year 2023. Our transportation service segment report the revenue of 115.3 million, an increase of 18.8% from 97 million in fiscal year 2023. The increase was driven by the rapid expansion of our business in 2023, as we expanded our warehouse operational capacities in California and New Jersey. This segment comprises receiving third-party carrier services for all costs.
Scott Chu: Thank you again, and we have to know as we want. For further information regarding our four year 224 financial results and the discultures, please refer to our Indian release and the annual report on phone 10K, called with the HEC.
Scott Chu: Public revenue for the 4-year-end June 32,244 were a 100 in the 67 million, up 23.6% from 135 million in preschool year 2023.
Speaker Change: Our transportation service segment report the revenue of 115.3 million, an increase of 18.8% while 97 million in fiscal year 2023.
Speaker Change: The increase was driven by the rapid expansion of our business in 2003. But we expanded our warehouse operation or capacities in California and the New Jersey.
Speaker Change: This segment comprises receiving third-party carrier services for all customers.
Scott Sue: A worth housing services segment generated 51.5 million, a 38.1% increase from 37.3 million in fiscal year 2023. This course was driven by the course in our transportation services. The segment comprises humanitarian management and the storage of the members.
Speaker Change: Our work housing service is segment generated 51.5 million, so 3.1% increase 1.77.3 million in fiscal year 2000. This course was driven by the gross in our transportation services.
Speaker Change: This statement comprises even to the management and the storage openings.
Scott Sue: On all the services segment generated revenue of 0.6 million in fiscal year 2024, which was a decrease of 0.5 million compared to previous years. The segment by delivery consists of customs brokerage services. Our course of sales were 148.9 million in fiscal year 2024, an increase of 36.2%, or 39.6 million, compared with the 109.3 million in fiscal year 2023. This increase in course is pretty much driven by growth in transportation and the warehouse in services, leading to higher expenses across warehouse operations, particularly rental, labor, and operational expenses. The course of profit margin decreased from 19.1% in fiscal year 2023 to 10.8% in 2024, although the profit margin of our transportation services, which include our ocean freight and the truck deliveries, remains stable or slightly higher compared to 2020. Our profit margin for our warehouse in services decreased during the same period.
Speaker Change: While all the services segment generated revenue of 0.6 million in fiscal year 2024, which was the decrease of 0.1 million compared to previous years.
Speaker Change: The second month by February consists of customs brokerage services.
Speaker Change: Our course of sales were 148.9 million in fiscal year 2020, and increase of 36.2% for a 39.6 million. Compare with the 109.3 million in fiscal year 2020.
Speaker Change: This increase in cost is pretty re-driven by growth in transportation and we're a housing service.
Speaker Change: leading to higher expenses across world-house operations. I'll take you with you, Ren Ho, Deborah, and the operational logistics.
Speaker Change: Post-profit margin decreased for 1.1% in fiscal year 2022 to 10.8%.
Speaker Change: In 2024, although the property margin of our transportation services, which include our hotel freight and the truck deliveries, which means stable or a slightly higher compared to 2.7 countries, all property margin for our worth housing services, decreased during the same period.
Scott Sue: Zero and the other miscalculated expenses increased by 2.2 million to 10 million for fiscal year 2024, from 7.8 million for fiscal year 2023, representing an increase of 28%. The increase was due to increase of the miscalculated activities for different rigs related to office supplies and the repairs and the maintenance to accommodate our business expansion.
Speaker Change: Here are the administrative expenses, increased by 2.2 million to 10 million for fiscal year 224, while 7.0 million for fiscal year 233, representing an increase of 28%.
Speaker Change: The increase was due to increase of the miscreative activities where different rigs related to office supplies and the repose and the maintenance, but accommodate of different expansion.
Scott Sue: Our net income was 7.4 million, and the 30.9 million for the 4-year and June 30, 2024, and the 2023 respectively.
Speaker Change: Our next income was 7.4 million and a 30.9 million for the 4 year and June 32, 2024 and a 2,238 perspective.
Scott Sue: In conclusion, we ask you several important strategic initiatives and the diverse strong revenue growth in fiscal year 2024. Looking ahead, we are confident in our ability to navigate the evolving logistic landscape and the continued driving value for our shareholders and opponents. Our success would not be possible without our hard-working employees, or your customers, and the value of our shareholders. Thank you for your continuous support and the behavior in our region. We look forward to updating you on our business during future earnings calls.
Speaker Change: In conclusion, we asked to several important strategic initiatives.
Speaker Change: and let the diverse strong radio girls in fiscal year 2024.
Speaker Change: Looking ahead, we are confident in our ability to navigate the evolving logistic landscape and the computer driving video for our shareholders and partners.
Speaker Change: Also, success would not be possible, we thought of how working for us, so your customers and the video will share a holders.
Speaker Change: Thank you for your continuous support and the debuting of the region. We look forward to updating you on our business during future and in course. Thank you, Nate.
Scott Sue: Thank you very much.
Scott Sue: Thank you, Scott.
Matthew Ebonante: We will now move to the question-and-answer portion of the call. Again, thank you to everyone who has submitted questions. Our first question. While our logic's growth is impressive, could you elaborate on the current competitive landscape? Who are your main competitors and how does our logic differentiate itself in this space? That's a great question.
Speaker Change: Thank you Scott. We will now move to the question and answer portion of the call. Again, thank you to everyone who has submitted questions.
Speaker Change: Our first question, while our modgies growth is impressive, could you elaborate on the current competitive landscape, who are your main competitors, and how does our modgies differentiate itself in this space?
Heidi Chow: Thank you, Matt. The real housing and logistics industry is indeed highly competitive. We pay competition from both established players and emerging startups. However, Armlogi differentiates itself through several key factors. Firstly, our focus on quality is evident in our ISO 90101 certification and high inventory accuracy that's a part. Secondly, our ability to handle bulky items efficiently since our special luxury house infrastructures and technology gives us a unique advantage. Finally, our comprehensive one-stop solution, including international offer and fridge and advanced supply chain technology, offers a level of convenience and value that many competitors struggle to match.
Speaker Change: Let's have a great question. Thank you, Matt. The real housing and logistics industry is indeed highly competitive. We think competition from both the established players and emerging startups.
Speaker Change: However, I'm not sure if you appreciate yourself through several key factors. Firstly, our focus on quality evident in our ISO 901 certification and high inventory accuracy can support.
Speaker Change: Secondly, our ability to handle bulky items efficiently thanks to our special life-trade house, infrastructure and technology, give us a unique advantage.
Speaker Change: Finally, our comprehensive one-stop solution, including international offer of rich and advanced supply chain technology, offer a level of convenience and value that many companies is chuckle to match.
Heidi Chow: Can you address some of the potential challenges related to your expansion plans, including the complexity of international expansion, the need for significant capital investment, and the potential for execution risk? Sure. We are fully aware of the challenge associated with the extension. International extension requires careful navigation of regulatory and cultural differences. We are fully aware of this risk by conducting thorough market research and adopting a serious approach to expansion. Capital investment is indeed necessary, but we have a strong child record of financial management and are open to exploring various funding options to support our growth. As for execution risk, we have a seasoned management team with a proven ability to execute complex projects.
Speaker Change: Can you address some of the potential challenges related to your expansion plans, including the complexity of international expansion that mean for significant capital investments, and the potential for execution risk?
Speaker Change: Sure. We are fully aware of the challenge associated with the extension. International expansion required careful.
Speaker Change: Navigation of regulatory and cultural differences.
Speaker Change: We are mitigating this risk by contacting through a more dangerous research and adopting a serious approach to expansion.
Speaker Change: Capital investment is in being necessary, but we have a strong charback or a financial management and are open to exploring rarest funding option to support our growth.
Speaker Change: As for execution risk, we have a seasoned management team with a proven ability to execute a complex project.
Heidi Chow: We are also invested in robust project management system and processes to ensure a smooth implication.
Speaker Change: We are also invested in robust project management system and processes to ensure a smooth implication.
Heidi Chow: In our last question, our module's emphasis on technology is commendable. However, could you provide more specifics on the expected return on investment from needs technology investments, and how will these investments translate into tangible benefits for the company and its shareholders? That's an estimate question. Our technology investments are shared again into driving a long-term sustainable growth. We expect this investment to you as significant ROI through several advantage. Firstly, improving efficiency and automation will lead to cost saving and increasing productivity. Secondly, advanced data and analytics and supply chain optimization will enable us to make more informed deficient, leading to better inventory management, faster delivery time, and enhance our customer certification.
Speaker Change: In our last question, our modgies emphasis on technology is commendable. However, could you provide more specifics on the expected return on investment from these technology investments?
Speaker Change: And how will these investments translate into tangible benefits for the company and its shareholders?
Speaker Change: Let's add an S.E.M.Cression
Speaker Change: Our technology investments are shared with you and M2 driving the long turn.
Speaker Change: Sustainable growth, we expect this investment to you as a significant ROI through a several advantage. Firstly, improving efficiency and automation will lead to cost saving and increasing productivity.
Speaker Change: Secondly, advanced data analytics and supply chain optimization will enable us to make more informed deficient leading to better inventory management faster delivery time and enhance our customer setification.
Heidi Chow: Finally, our technology platform will open up our new revenue stream, such as offering value as services to our customers and partners. This benefit will unlimited translate into the increased profitability and shareholder value.
Speaker Change: Finally, our technology platform will open up our new revenue stream, such as offering value as services to our customers and partners. This benefit will be a limited chance to increase profitability and shareholder value.
Matthew Ebonante: Well, thank you, Ian, and thanks to everyone for participating on today's call. We look forward to providing additional updates in the near future. In the meantime, we can be reached at info@armlogi.com, or you can contact me at Matthew at strategic-IR.com.
Speaker Change: Thank you in and thanks to everyone for participating on today's call. We look forward to providing additional updates in the near future.
Speaker Change: In the meantime, we can be reached at info at armlogy.com or you can contact me at Matthew at strategic-yr.com.
Operator: Ladies and gentlemen, that concludes our conference for today. Thank you for your participation.
Speaker Change: Ladies and gentlemen, that concludes our conference for today. Thank you for your participation. You may now disconnect.
Operator: You may now disconnect.