IDT CORP

For the period ended Apr 30, 2025. Filed Jun 9, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 30, 2025 · Filed Jun 9, 2025

IDT$82.17+0.4%Stored close · as of Nov 6, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

	April 30, 2025	July 31, 2024
	(Unaudited)	(Note 1)
(in thousands, except per share data)
Assets
Current assets:
Cash and cash equivalents	$199,948	$164,557
Restricted cash and cash equivalents	123,129	90,899
Debt securities	18,683	23,438
Equity investments	5,187	5,009
Trade accounts receivable, net of allowance for credit losses of $8,416 at April 30, 2025 and $6,352 at July 31, 2024	43,084	42,215
Settlement assets, net of reserve of $1,869 at April 30, 2025 and $1,866 at July 31, 2024	25,160	22,186
Disbursement prefunding	43,381	30,736
Prepaid expenses	13,837	17,558
Other current assets	25,865	25,927
Total current assets	498,274	422,525
Property, plant, and equipment, net	38,980	38,652
Goodwill	26,454	26,288
Other intangibles, net	5,372	6,285
Equity investments	6,904	6,518
Operating lease right-of-use assets	2,013	3,273
Deferred income tax assets, net	16,106	35,008
Other assets	6,805	11,546
Total assets	$600,908	$550,095
Liabilities, redeemable noncontrolling interest, and equity
Current liabilities:
Trade accounts payable	$17,250	$24,773
Accrued expenses	91,408	103,176
Deferred revenue	27,513	30,364
Customer funds deposits	121,765	91,893
Settlement liabilities	14,105	12,764
Other current liabilities	15,121	16,374
Total current liabilities	287,162	279,344
Operating lease liabilities	1,213	1,533
Other liabilities	1,682	2,662
Total liabilities	290,057	283,539
Commitments and contingencies	-	-
Redeemable noncontrolling interest	11,357	10,901
Equity:
IDT Corporation stockholders’ equity:
Preferred stock, $.01 par value; authorized shares—10,000; no shares issued	—	—
Class A common stock, $.01 par value; authorized shares—35,000; 3,272 shares issued and 1,574 shares outstanding at April 30, 2025 and July 31, 2024	33	33
Class B common stock, $.01 par value; authorized shares—200,000; 28,528 and 28,177 shares issued and 23,656 and 23,684 shares outstanding at April 30, 2025 and July 31, 2024, respectively	285	282
Additional paid-in capital	307,757	303,510
Treasury stock, at cost, consisting of 1,698 and 1,698 shares of Class A common stock and 4,872 and 4,493 shares of Class B common stock at April 30, 2025 and July 31, 2024, respectively	(143,853)	(126,080)
Accumulated other comprehensive loss	(19,812)	(18,142)
Retained earnings	141,753	86,580
Total IDT Corporation stockholders’ equity	286,163	246,183
Noncontrolling interests	13,331	9,472
Total equity	299,494	255,655
Total liabilities, redeemable noncontrolling interest, and equity	$600,908	$550,095

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.