Operator

Thank you, everyone, for joining us. My name is Nitin Saini, and I'll be the operator for today's call. Welcome to Tribe Property Technologies Fiscal Fourth Quarter and Year-End 2025 Financial Results Conference Call. This call is being recorded. We will also be having a question-and-answer session at the end of the call.

On our call today, we have Tribe's CEO, Joseph Nakhla; and the company's CFO, Scott Ullrich.

I trust that everyone has received a copy of our financial results press release that was issued earlier today. Listeners are also encouraged to download a copy of our financial statements and management discussion and analysis on SEDAR+.

Please note, portions of today's call, other than historical performance, include statements of forward-looking information within the meaning of applicable securities laws. These statements are made under the safe harbor provisions of those laws. Forward-looking statements are based on management's current views and assumptions. Please review our press release and Tribe's reports filed on SEDAR+ for various risk factors that could cause actual results to differ materially from our projections.

We use terms such as gross profit, gross margin, adjusted EBITDA and recurring revenue on this conference call, which are non-IFRS and non-GAAP measures. For more information on how we define these terms, please refer to the definition set out in our management discussion and analysis. In addition, reconciliations between any adjusted EBITDA and net income is included in the press release this morning.

Please note that all financial information is provided in Canadian dollars unless otherwise noted.

With