Ideanomics Inc (NASDAQ:IDEX) Q2 2019 Earnings Conference Call - Final Transcript

Aug 14, 2019 • 08:30 am ET


Ideanomics Inc (NASDAQ:IDEX) Q2 2019 Earnings Conference Call - Final Transcript


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Greetings, and welcome to Ideanomics Second Quarter 2019 Earnings Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions]

It is now my pleasure to introduce your host, Tony Sklar, Vice President of Communications and Head of Investor Relations. Thank you. You may begin.

Tony Sklar

Thank you, operator, and welcome to the Ideanomics second quarter 2019 earnings conference call. Joining me today, I am pleased to have, a pre-recorded session by Dr. Bruno Wu, Chairman of the Ideanomics. Due to some travel disruption that he is currently experiencing, he had planned to be on the call for sure, but we were able to get a pre-recorded message for our investment community. I have Alfred Poor, our Chief Executive Officer; and Ms. Cecilia Xu will be reading our financial statements for presentation.

A webcast of today's call will be archived and available on the Events and Presentation section of our corporate website for a minimum of 30 days. As a reminder, this conference is being recorded. During the call, we will make forward-looking statements such as dialog regarding our revenue expectations or forecasts for the quarters and full fiscal year 2019 and 2020 related to our business. These statements are based on our current expectations and information available as of today and are subject to a variety of risks, uncertainties and assumptions. Actual results may differ materially and as a result various risk factors that have been described in our periodic filings with the SEC. As a result, we caution you against placing undue reliance on these forward-looking statements. We assume no obligation to update the forward-looking statements as a result of new information or future events except as required by law.

In addition, other risks and uncertainties are more fully described in the Ideanomics public filings with the US Securities and Exchange Commission, which can be reviewed at Today, August 14, 2019, company filed its 10-Q with the SEC and afterwards issued a press release announcing the financial results. So participants on this call, who may not have already done so, needless to look at these documents, and as we provided of the summary of the results on this call.

The format for today's call will be as follows: We will play the message from Dr. Bruno Wu, our Chairman of Ideanomics, who will address the investment community with his vision and strategy. Mr. Alfred Poor, our CEO, will speak to the company's overview, business strategy and as well, the activities and developments for the second quarter 2019. And Mrs. Cecilia Xu will speak to the company's operating and financial results for the second quarter 2019, and then everybody's favorite, our live Q&A session.

I will now hand the conversation over to our pre-recorded Dr. Wu's message.

Dr. Bruno Wu

Dear shareholders, it is my great pleasure to address our shareholders and investment community. Over the past quarter, we have made some very significant milestones and gained momentum on many of our newly signed joint ventures and deals. We continue