11/15/2021

speaker
Operator

Good day, everyone, and welcome to the Neptune Wellness Solutions Incorporated second quarter 2022 earnings call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Walter Pinto, Managing Director of KCSA Strategic Communications.

speaker
Walter Pinto
Managing Director of KCSA Strategic Communications

Thank you, Operator, and good evening, everyone.

speaker
Neptune Wellness Solutions Investor Relations
Investor Relations

Thank you for joining us today for the Neptune Wellness Solutions fiscal second quarter 2022 earnings conference call. With me today are Michael Camerata, President and Chief Executive Officer, and Randy Weaver, Chief Financial Officer. As a reminder, all amounts discussed today are in Canadian dollars. No remarks may contain forward-looking information representing our expectations as of today may be subject to change. Today's conference call contains non-IFRS measures, specifically adjusted EBITDA, to provide investors with supplemental measure of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS financial measures. Management also uses adjusted EBITDA in order to facilitate operating performance comparisons from period to period, prepare annual operational budgets, and assess our ability to meet our capital expenditure and working capital requirements. Adjusted EBITDA is not recognized, defined, or standardized measure under IFRS. Our definition of adjusted EBITDA will likely differ from that used by other companies, including our peers, and therefore comparability may be limited. Non-IFRS measures should not be considered a substitute for or in isolation from measures prepared in accordance with IFRS. Investors are encouraged to review our financial statements and disclosures in their entirety and are cautioned not to put undue reliance on non-IFRS measures and view them in conjunction with the with the most comparable IFRS financial measures. We do not undertake any obligation to update any forward-looking statement, except as may be required by Canadian and U.S. securities laws. Assumptions were made in preparing these forward-looking statements, which are subject to risks, as laid out in our public filings from CDAR and EDGAR. I would now like to turn the call over to Michael.

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