IDT CORP

IDT Corporation (NYSE: IDT) operates as a fintech and communications solutions provider serving underserved consumer and B2B markets through a portfolio of synergistic businesses. The company maintains its corporate website at www.idt.net and employs approximately 2,400 personnel across more than 30 countries on five continents.

IDT's operations are organized into four reportable segments. National Retail Solutions operates a leading point-of-sale terminal network serving independent retailers across the United States, including convenience stores, bodegas, liquor stores, and small-format grocers. The Fintech segment, anchored by BOSS Money, provides international remittance services to customers sending money to 50 destination countries. net2phone delivers AI-powered unified communications and contact center solutions to businesses primarily across North and South America. The Traditional Communications segment encompasses IDT Digital Payments, which offers mobile airtime top-up and prepaid digital services; BOSS Revolution, an international calling service; and IDT Global, a wholesale voice and SMS provider.

In fiscal 2025, IDT generated total revenues of approximately $1.2 billion distributed across segments as follows: Traditional Communications contributed 69.8 percent, Fintech 12.6 percent, National Retail Solutions 10.5 percent, and net2phone 7.1 percent. The company serves a customer base exceeding seven million people, predominantly first and second-generation immigrants within the United States.

IDT's competitive advantages stem from its established BOSS consumer brands and complementary B2B offerings including NRS, net2phone, and IDT Global. The company operates a nationwide network of over 32,000 independent retailers utilizing NRS's POS platform and approximately 25,000 BOSS Revolution and BOSS Money retail agents. IDT maintains proprietary technology infrastructure, extensive VoIP and cloud services expertise, and in-house product development capabilities.

The company's strategic approach emphasizes organic development of high-margin growth businesses financed through cash flows from mature operations, enabling debt avoidance and capital return to shareholders through stock repurchases and quarterly dividends. IDT's history includes multiple successful spinoffs of subsidiaries including Genie Energy, Zedge, and Rafael Holdings, demonstrating its track record of value creation and portfolio optimization.