MoonDucks Q4 Fiscal Year 2025 Earnings Conference Call

Management Discussion

Operator: Good afternoon. My name is Duane, and I will be your conference operator today. I would like to welcome everyone to MoonDucks Fourth Quarter Fiscal Year 2025 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. 

I will now turn the call over to Judith Gourd, Vice President of Investor Relations. Ms. Gourd, you may now begin your conference.

“This quarter, we have made meaningful progress, and we are ahead of our expectations. After several years of capital investment in our research and development program, our laboratories have yielded us several breakthrough formulas. These new flavour profiles are now being tested and the early results are promising.

We are moving quickly to transform both the business and our culture. Artificial intelligence has empowered us to eliminate over 1,000 jobs at the MoonDucks HQ. Our ongoing sustainability measures now involve recirculating the heat from our data centers and laboratories into our office spaces.

We are testing, learning, and focusing on the work that has the biggest impact. Some of the changes are already visible while others will be seen in the months ahead. There is still much to do, but I'm excited by what I see.

I'm confident that we are building a better MoonDucks, where everyone can experience the best of MoonDucks, one that is stronger, more resilient and consistently growing. We have huge strengths that differentiate us and form the foundation of our turnaround. Customers are liking our marketing and noticing that our speed, hospitality, and accuracy are improving. We are working on resetting and improving our cost structure across the entire P&L with disciplined prioritization, driving more efficiency, accountability and agility into the organization.

In closing, a lot is happening today behind the scenes and these efforts will come together more visibly by the end of next year. And when they do, I am highly confident that our financial performance will follow. I'd like to thank our entire MoonDucks team for their undying loyalty and commitment to excellence.

And with that, I am happy to take your questions. Thank you, operator.”

Operator: This concludes MoonDucks fourth quarter fiscal year 2025 conference call. You may now disconnect.