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IDT Corporation IDT Right Of Use Asset Reduction From Lease Modification

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Other financials

Income statement

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Revenue$315.7M+4.5%
Gross profit$121.3M+8.2%
Operating income$27.2M-3.8%
Net income$23.7M+9.5%
EPS (diluted)$0.84+5.0%

Balance sheet

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Cash & equivalents$215.0M-33.5%
Total debt$1.4M-34.0%
Total equity$357.9M+25.1%
Total assets$698.0M+16.2%

Cash flow

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Operating cash flow$18.5M-75.6%
CapEx$5.1M-5.7%
Free cash flow$13.4M-81.0%

Valuation

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Market cap$1.38B-14.8%
Enterprise value$1.17B-10.3%
P/E16.5×-0.4×
P/S1.1×-0.2×

Profitability

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Gross margin36.9%+2.6pp
Operating margin8.5%+1.6pp
Net margin6.6%-1.3pp
FCF margin4.3%-3.9pp

Returns & leverage

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Return on equity26.1%-12.3pp
Debt / equity0.0×
Current ratio1.9×+0.2×

Where this comes from

Reported directly by IDT Corporation in its filing.

Tagged under the XBRL concept IDT:RightOfUseAssetReductionFromLeaseModification.

The official record: IDT Corporation’s 10-K, filed September 29, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is IDT Corporation's right of use asset reduction from lease modification?
IDT Corporation (IDT) reported right of use asset reduction from lease modification of $800K in Q2 2024.
What does right of use asset reduction from lease modification mean?
Represents the decrease in the carrying value of right-of-use assets resulting from changes to lease terms or the termination of lease agreements. This metric provides insight into the company's real estate and equipment leasing strategy and its ability to optimize its operational cost structure.