NETSOL Technologies Inc.

Good afternoon, and welcome to NetSold Technologies' Fiscal First Quarter 2022 Earnings Conference Call. On the call today are Najeeb Ghori, Chairman and Chief Executive Officer, Naeem Ghori, President and Autos CEO, Roger Allman, Chief Financial Officer, and Patty McGlasson, General Counsel. I would now like to turn the call over to Patty McGlasson, who will provide the necessary cautions regarding the forward-looking statements made by management during this call. Please proceed.

Good afternoon, everyone, and thank you for joining us. Following a review of the company's business highlights and financial results, we will open the call for questions. I'll now provide the necessary cautions regarding the forward-looking statements made by management during this call. Please note that all the information discussed on today's call is covered under the safe harbor provisions of the Private Securities Litigation Reform Act. The company's discussion may include forward-looking statements, reflecting management's current forecast of certain aspects of the company's future, and our actual results could differ materially from those stated or implied. These forward-looking statements are qualified by the cautionary statements contained in NetSol's press releases and SEC filings, including our annual report on 10-K and quarterly reports on Form 10-Q. I would also like to point out that we will be discussing certain non-GAAP measures. The press release issued earlier today contains a reconciliation of these non-GAAP financial results to their most comparable GAAP measures. Additionally, the company has posted a presentation to accompany the remarks we plan to make on today's call in the investor section of our corporate website. Finally, I would like to remind everyone that this call will be recorded and made available for replay at www.nedsaltech.com and via link available in today's press release. Now, I'd like to turn the call over to Najeeb. Najeeb?

Thank you, Perry, and good afternoon, everyone. In the first quarter, we capitalized on the strong momentum built over the course of the past year and are firmly positioned to achieve our goals for fiscal 2022. Within our core business, the pipeline and mix of opportunities remain robust, particularly in our European and North American growth markets, giving us confidence in our ability to drive additional contract signings over the coming months. Within our more venture-based operations, the rollout of the auto digital platform in partnership with Mini Anywhere has been a resounding early success, with 10 dealerships subscribed and additional states going online in the near future, we are encouraged by the initial response and total opportunity. Across the company, we have begun a deliberate process to conservatively begin returning our employees to our global offices. In the coming months, we are expecting to have 40% to 50% of our employees back in our Lahore campus or technology campus, which is home to the majority of our workforce. and is at the heart of our technology and operations. Moreover, since the start of the fiscal year, we have increased our headcount by over 30 employees, mostly stationed in Lahore, to support additional implementation work and innovation initiatives. We have also made several strategic hires across our global operations to support our increased sales efforts. We intend to make this year a return to meaningful growth, and we are confident that the investments we'll be making our leadership, workforce, technology, and expanded sales efforts will lead to outsized returns in the coming quarters. With that overview completed, I'll now hand the call over to our CFO, Roger Armand, who will walk us through the financial results of the quarter. Roger?