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Armlogi Holding Corp.
9/26/2024
Thank you for standing by and welcome to the Arm Lodgy Holding Corp. Fiscal Year 2024 Earnings Call. Please note that today's call is being recorded. I will now turn the meeting over to Matthew Abnante, Investor Relations for Arm Lodgy Holding Corp.
Thank you, Operator, and thanks to everyone joining us today for Armlogy's earnings call to discuss the full year results of 2024. Please note that our earnings press release was issued earlier today, and our annual report on Form 10-K was filed with the Securities and Exchange Commission. Both are available on the investor relations section of our website at ir.armlogy.com. Joining us on the call today are I.D. Chow, Chairman and Chief Executive Officer of Arm Lodging, along with Ian Zhao, Chief Financial Officer, and Scott Stu, Board Secretary. The format of our call will consist of comments provided by management, followed by a question and answer session addressing the questions that were submitted by investors. We thank everyone for submitting these questions. Now, before we get started, I'm going to review the Safe Harbor Statement. Please note that today's discussion will contain forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, our growth in revenue and earnings, and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as may, should, expect, anticipates, contemplates, estimates, intends, believes, plans, projected, predicts, potential, or hopes, or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the company, our ability to keep pace with new technology and changing marketing, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties or assumptions. The forward-looking events discussed on this call and other statements made from time to time by us or our representatives may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. And with that, I would like to hand the call to our first speaker, I.D. Chow, Chairman and Chief Executive Officer of ArmLogic. Good afternoon, I.D.,
Good afternoon and thank you all for joining us for our fiscal year 2024 earnings call in which we will discuss results for the fiscal year ending June 30, 2024. HomeLogic is a dynamic and rapidly growing U.S. space with housing and logistics service provided. We offer a comprehensive suite of supply chain solutions, encompassing warehousing management and fulfillment catering to the involving needs of businesses in increasingly interconnected work. The e-commerce forum, fueled by the Internet and globalization, has created a landscape where merchants increasingly seek to expand their reach through international platforms like Amazon and eBay. However, this expansion comes with a logistic complexity, particularly in cross-border shipping, long delivery times, high damage rates, and peak season congestion present a possible challenge. Amlogic's solution is protected and intact from overseas warehouses by establishing local storage facilities in target countries. We empower cross-border merchants to export those goods in bulk. insurance rates and secure delivery to consumers upon order placement. This approach statistically reduces delivery time and damage rate, enhancing overall customer experience. Our commitment to excellence is reflected in our one-stop warehousing and logistics service talented to cross-border e-commerce merchants outside the U.S. on a locally located warehouse. Equipped with state-of-the-art technology, provide a nationwide footprint and a temple storage space. We offer a full spectrum of service from customer to broker. to transportation and a comprehensive warehouse management. Ensure seamless operation for our clients. Our dedication to quality is unwavered. We are able to ISO 9001 standard. Ensure tight inventory, accuracy, and providing 24-7 customer support. This commitment Coupled with our large volume of processed goods, allow us to offer competitive service and delivery, further strengthening our value proposition. Technology is the heart of our operations. Our proprietary platform anchoring in Amazon Web Service Cloud. empowers us to manage shipment efficiently, provide a real-time update, and ensure the integrity of the deliverer. This technology-driven approach not only reduces costs but also minimizes errors, enhancing customer satisfaction. As we look ahead, our growing strategies are clear and ambitious. We will expand and diversify our customer base, targeting key marketing in China, Southeast Asia, and Mexico. We will enhance our customer supply chain efficiency by broadening our solutions and services, including expanding our international ocean-free capabilities. We will continue to invest in cutting-edge supply chain technology, leveraging AI, data analytics, and smart systems to optimize operations and deliver value insights. And we will pursue industry to expand our capability and generate attractive returns. I will now turn the call over to Ian Chow, our Chief Financial Officer, of his remarks.
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