Operator

Good morning, everyone, and welcome to the Pivotree Q1 2026 Earnings Call for the 3 months ended March 31st, 2026 [Operator Instructions]

Pivotree would like to remind listeners that certain information discussed today may be forward-looking in nature, reflecting the company's current views with respect to future events. Any such information is subject to risks, uncertainties and assumptions that could cause actual results to differ materially. For more information on risks and uncertainties, please refer to Pivotree's public filings available on SEDAR.

During this call, we'll reference certain non-IFRS financial measures. Although we believe these measures provide useful supplemental information about our financial performance, they're not recognized measures and do not have standardized meanings under IFRS. Please see our MD&A for additional information regarding our non-IFRS financial measures, including reconciliations to the nearest IFRS measures.

Now I'd like to turn over the call to Pivotree's CEO, Bill Di Nardo.

William Di Nardo
CEO & Director

Thank you, Andy. Good morning, everyone. Thanks for joining us on our Q1 2026 conference call. With me, as usual, is Mo Ashoor, our Chief Financial Officer. And as we do each quarter, we published a CEO letter alongside these results. It's available on our website, filed on SEDAR, and I'll be covering many of the key themes from that letter today.

Q1 was the kind of transition quarter we expected, solid profitability and cash generation with real strategic effort being redirected toward retooling our service catalog around AI-enabled delivery. I'm really proud of how the team is executing through this transition. We are certainly