AppFolio, Inc.

Good afternoon, and thank you for standing by. Welcome to AppFolio Inc.' 's fourth quarter 2024 financial results conference call. Please be advised that today's conference is being recorded, and a replay will be available on AppFolio's investor relations website. I would now like to hand the conference over to Lori Barker, investor relations.

Thank you. Good afternoon, everyone. I'm Lori Barker, investor relations for AppFolio. And I'd like to thank you for joining us today as we report AppFolio's fourth quarter and full year 2024 financial results. With me on the call today is Shane Trigg, AppFolio's president and CEO. This call is simultaneously being webcast on the investor relations section of our website at appfolioinc.com. Before we get started, I would like to remind everyone of AppFolio's safe harbor policies. Comments made during this conference call and webcast contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties. Any statement that refers to expectations, projections, or other characterizations of future events, including financial projections, future market conditions, business performance, or future product enhancements or development, is a forward-looking statement. ATFOLIO's actual future results could differ materially from those expressed in such forward-looking statements for any reason, including those listed on our SEC filings. ATFOLIO assumes no obligation to update any such forward-looking statements, except as required by law. For greater detail about risks and uncertainties, please see our SEC filings, including our Form 10-K for the fiscal year ended December 31st, 2023, which was filed with the SEC on February 1st, 2024. In addition, this call includes non-GAAP financial measures. Reconciliation of these non-GAAP financial measures with the most directly comparable graph measures are included in our fourth quarter earnings release, which is posted on our investor relations section of our website. With that, I will turn the call over to Shane Trigg. Shane, please go ahead.

Please check your mute button, Shane. Please stand by, ladies and gentlemen. We're having some technical difficulties.