David Verret

“Before discussing our financial results, I'd like to touch on a few key highlights from the year. We are pleased to report that our portfolio companies have spent the past year strengthening operating disciplines and optimizing their cost structures.”

“Before discussing our financial results, I'd like to touch on a few key highlights from the quarter. Continuing the trend from the first quarter, we are pleased to report that our retail, Retail-Entertainment, and Steel Manufacturing segments delivered operational improvements during the second quarter.”

“Let's jump right in and discuss the financial results for the first quarter ended December 31, 2024. Total revenue for the quarter decreased 5.2% to approximately $111.5 million.”

“Overall, the company delivered a solid third quarter 2022 performance, representing the three months ended June 30, 2022, despite increasing economic headwinds and inflationary pressures.”

“Please note that some of the statements we are making today are forward-looking and are based on our best view of our businesses as we see them today. Earlier today, we filed our Form 10-Q with the SEC.”