Dear Shareholders,
This is a day of extreme pleasure as I address my shareholders who have invested in our
company with their hard-earned savings. The company looks forward to many more share
holders and together, we will grow and prosper as we strive to make our world a better
place for everyone.
I am supported by a very sincere and enterprising team. I call them "twinkle
twinkle little stars" - stars who have toiled to bring up the company to where we are
now. I am very proud of them and their families for supporting them to work from home
efficiently during the pandemic crisis, delivering brilliant performance during those
difficult days.
I have a vision for izmo - as a company that not only creates great value for
shareholders and employees, but helps make the world-at-large a better place too. I am
confident that with your continued support, these dreams will come true for all of us. For
that, I endeavor to work for you.
Translating this vision into reality, izmo has not only strengthened its customer base
but have also launched new products, solutions, and experiences that have the potential to
augment automotive retailing globally.
As you read this, apps like izmoEmporio are helping automotive dealers with sparse
inventory market their vehicles efficiently using virtual showroom experiences. With
automotive production facing a prolonged slowdown that is likely to spill over into the
next year, products like izmoEmporio have the potential to capture markets worldwide, like
it's previous iterations.
In line with our vision and strategy, we continue to invest in R&D, product
innovation, and a competitive workforce, to stay ahead of the market. Our R&D
continues to be focused on our 3-fold strategy - to grow existing products in existing
markets, expand new products in existing markets, and introduce existing products in new
markets.
Once again, I would like to place on record my great appreciation for the entire team
at izmo and all our stakeholders for their relentless dedication and support, helping the
Company scale greater heights.
Yours Faithfully,
Shashi Soni
Chairperson.