Docebo Inc.

Good morning, everyone, and welcome to the Decebo Q4 2023 earnings call. All participants are currently in listen-only mode. We will open the line for a question and answer session for analysts following the presentation. Instructions will be provided at that time for research analysts to ask questions. We ask that analysts please limit themselves to two questions and return to the queue for any follow-ups. I'd now like to turn the call over to Docebo's Vice President of Investor Relations, Mike McCarthy. Please go ahead, Mike.

Thank you, operator. Before we begin, Docebo would like to remind listeners that certain information discussed today may be forward-looking in nature. Such forward-looking information reflects 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 from those projected in the forward-looking For more information on risks, uncertainties, and assumptions relating to forward-looking statements, please refer to Docebo's public filings, which are available on CDAR and EDGAR. During the call, we will reference certain non-IFRS financial measures. Although we believe these measures provide useful supplemental information about our financial performance, they are 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 measure. Please note that unless otherwise stated, all references to any financial figures are in U.S. dollars. Now, I'd like to turn the call over to D'Arcebo's CEO, Claudio Erba.

Claudio Erba Hello, everybody, and thank you for joining us for our first Ordinance Call. With me today are Alessia Tuffo, our President and COO, and Zuccaro Meda, our CFO. I will begin our call this morning with a short summary of the table success over the past year. Alexa will provide a more detailed overview of Q4 highlight and Sukaran will review our finance performance. Our key grow matrix show the continued improvement as a result of the investments we are making. The table is becoming more effective in identifying the needs of enterprise customer and progressing through their organization to close deals. Overall, our profitable growth strategy resulted in a strong subscription revenue growth of 28% in Q4. Additionally, we achieved an adjusted VBA margin of 13.2% and a free cash flow margin of 14.2% as we ended the year. I'm also proud to say that during the year, we completed two important acquisition that brought strategic technology and valuable domain expertise to our product development team. particularly in the field of AI. People have been successfully integrated within the expected timeline, and their contribution to the digital platform will start to be visible in the marketplace later this year. Their positive financial and operational results enable us to make strategic investments in our future growth and maintain our industry leadership position to innovation. It's from this position of strength that the leadership team and I felt it was the right time for me to transition into the role of chief innovation officer. In my new role, some of the key areas we will focus include identifying novel ideas and trends in the R&D space and finding ways for the table to leverage them. Advising election innovation idea for early stage products, including product positioning, feature creation, and improvement. Leading and doing deep research, serving as one of the Decebo industry experts and evangelists for Decebo positioning as a leader in innovation. And providing ongoing mentorship to the executive leadership team and board on important technology development and positioning matters. As I pass the baton to Alessio, I feel the excitement as I transition into my new position. It's exhilarating to think about the future and the incredible possibilities that lie ahead. As the CEBO continues to grow and evolve, I am certain that there will be even larger and more exciting achievements waiting to be realized. Now, I would like to turn the call over to Alexio.