IDT GLOBAL LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -39.2%

  £68,784,026 → £41,795,514

• Cash

  +7.8%

  £964,565 → £1,039,855

• Net assets

  +136.1%

  £3,225,074 → £7,613,349

• Employees

  +4.2%

  24 → 25

• Operating profit

  -6.5%

  £2,617,760 → £2,447,895

• Profit before tax

  -6.5%

  £2,618,285 → £2,448,131

• Wages

  -20.7%

  £1,487,792 → £1,179,847

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Although the company is in a net current assets position of £7.6m in 2025 (2024 - £3.2m) and a shareholders' fund of £7.6m (2024 £3.2m), the parent company, IDT Telecom Inc, has committed in writing to provide financial support to ensure that the company will be able to settle its obligations as and when they fall due and not to recall the amount due from the company of £6.3m (note 13) within 12 months from the date of approval of these financial statements. After making enquiries... directors believe that it is appropriate to prepare the financial statements on a going concern basis.”

Significant events

• “The decrease in revenue reflects the continued, industry-wide decline of international voice calling. Our Carrier Services business is subject to intense revenue and margin pressure as communications globally continues to transition away from international voice calling to video conferencing and other collaboration platforms, low-cost or free messaging services, free peer-to-peer voice calls available when both parties utilize broadband connections, and flat-rate international long-distance plans offered both by the largest mobile network operators and niche mobile virtual network operators. We have worked to counter the impacts of these trends by continually innovating and deploying new features and enhancements to augment the contributions of these offerings while reducing their associated overhead and operating expenditures. In response to the market-wide contraction within the paid communications business, a strategic decision was made to consolidate our service infrastructure. The current market can be more effectively and efficiently supported by our existing New Jersey (USA) facilities. Accordingly, the London and Hong Kong data centers were closed in 2024. This measure significantly reduce operational expenditures and overhead costs.”
• “IDT have a significant number of Technology and Development (T&D) personnel in Belarus. Belarus shares borders with both Russia and Ukraine. In February 2022, in connection with escalating tensions involving Russia and Ukraine, Russian military personnel stationed in Belarus were part of an invasion force by Russian forces into Ukraine. In response to the support and facilitation by Belarus for the invasion, the United States, the European Union and various other nations imposed sanctions against multiple individuals and entities in Belarus. Other potential retaliatory measures could be taken by the United States and other countries, particularly if Belarus were to take a more active role in the conflict. While we continue to monitor the situation in Belarus closely, any prolonged or expanded unrest, military activities, or sanctions could have an adverse effect on our future product roadmap and T&D.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.