Jandy Tomy

“Like Alex, I'm pleased with our steady and sustained performance. For the quarter, we delivered strong revenue, adjusted EBITDA, and operating cash flow. We continue to drive profitable growth even amidst challenging economic headwinds, a testament to the benefits of our diversified set of solutions.”

“Like Alex, I'm pleased with our continued momentum. We delivered strong results in the second quarter.”

“I'm pleased with our solid start to the year. Revenue totaled $158 million, a 3% increase compared to the prior year. Dealer revenue grew 6% to $140 million as a result of 4% growth in dealer customers and 1% growth in ARPD driven by strong customer retention rates and further adoption of our digital solutions.”

“And welcome to our fourth quarter and full year 2020 conference call. Before I turn the call over to Alex, I’d like to draw your attention to our forward-looking statements and the description and definition of non-GAAP financial measures, which can be found in our presentation.”

“A part of the DI business involves digital advertising, where we assist dealers with their SEO and SEM expenditures. This was an area that saw some reduction. Additionally, as Sonia mentioned, we offered discounts on the website aspect of the business.”