ADDED
Shares held by each executive officer, director and by each person who owns 10% or more of the outstanding Common Stock have been excluded in that such person may be deemed to be affiliates.
This determination of affiliate status is not necessarily a conclusive determination for other purposes.
Management's Discussion and Analysis of Financial Condition and Results of Operations 49 Item 7A.
You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
While many commercial markets remain economically volatile around the globe, our business remains well-positioned to benefit from technology megatrends, including cloud migration, enhanced security needs, automation and robotics, artificial intelligence ( AI ) and machine learning ( ML ) enabling Agentic AI, hyperconnected ecosystems, hybrid work and Internet-of-Things ( IoT ).
All references herein to Fiscal Year 2025 , Fiscal Year 2024 and Fiscal Year 2023 represent the fiscal years ended December 27, 2025 (52 weeks), December 28, 2024 (52 weeks) and December 30, 2023 (52 weeks), respectively.
We expect our continued investment in robotics and automation within our advanced logistics centers will augment our efficient, customer-centric delivery capabilities and that our continued investment in our digital capabilities, including the integration of more than 42 million lines of code and 400 AI and ML models within Ingram Micro Xvantage, which is enhancing and will continue to enrich the experience of our customers and vendors.
Our overall objective is to continue to expand our business and our profitability by delivering innovative and thoughtful solutions to enable business partners to scale and operate more efficiently and successfully in the markets they serve through the ecosystem created by our end-to-end Xvantage platform.
Our suppliers are the world s most trusted technology leaders, along with emerging technology brands, which include the industry s premier hyperscalers, computer hardware suppliers, mobility hardware suppliers, networking equipment suppliers and software publishers such as Microsoft, Amazon Web Services, Google Cloud, NVIDIA, Advanced Micro Devices, Apple, Cisco, Dell Technologies, Hewlett Packard Enterprise, HP Inc., Lenovo, and Super Micro Computer.
Vendors on the platform include Proofpoint, Amazon Web Services, Microsoft, Cisco and Adobe.
REMOVED
The registrant s common stock began trading on the New York Stock Exchange on October 24, 2024.
Management's Discussion and Analysis of Financial Condition and Results of Operations 52 Item 7A.
We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
In the face of significant economic uncertainty and volatility in commercial markets globally, our business remains well-positioned to benefit from technology megatrends, including cloud migration, enhanced security needs, Internet-of-Things ( IoT ), hybrid work, artificial intelligence ( AI ), machine learning ( ML ), and 5G.
In October 2024 we completed an initial public offering ( IPO ), in which we issued and sold 11,600,000 shares of our Common Stock, and Imola JV Holdings, L.P.
agreed to offer and sold 7,000,000 shares of their Common Stock at a public offering price of $22.00 per share.
The underwriters were granted a 30-day option to purchase up to an additional 2,790,000 shares of Common Stock from Imola JV Holdings, L.P., the selling stockholder, which was exercised in full and closed on November 4, 2024.
All references herein to Fiscal Year 2024 , Fiscal Year 2023 , and Fiscal Year 2022 represent the fiscal years ended December 28, 2024 (52 weeks), December 30, 2023 (52 weeks) and December 31, 2022 (52 weeks), respectively.
We expect our continued investment in robotics and automation within our advanced logistics centers will augment our efficient, customer-centric delivery capabilities and that our continued investment in our digital capabilities, including in the integration of more than 20 proprietary AI-driven engines within Ingram Micro Xvantage, will enhance the experience of our customers and vendors.
Our overall objective is to continue to expand our business and our profitability by delivering innovative and thoughtful solutions to enable business partners to scale and operate more efficiently and successfully in the markets they serve.