NETSOL Technologies Inc.

Good morning. Welcome to the Netsol Technologies Fiscal Third Quarter 2022 Earnings Conference Call. On the call today are Najeeb Ghori, Chairman and Chief Executive Officer, Roger Allman, Chief Financial Officer, Patty McGlasson, General Counsel, and Senior Vice President, Legal and Corporate Affairs. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. 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. Thank you, Patty. Please proceed.

Good morning, 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 the most comparable GAAP measures. Finally, I would like to remind everyone that this call will be recorded and made available for replay at www.nedsaltech.com and via the link available in today's press release. Now, I'd like to turn the call over to Najeeb. Najeeb?

Thank you, Patty, and good morning, everyone. With our third quarter performance, we remain on track to achieve our fiscal 2022 growth targets of 10% top line growth and 20% growth in recurring revenues. Importantly, for the nine months ended March 31, our team has far exceeded our target, growing annual recurring revenues by 34%. Our pipeline and mix of opportunities in our core business 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. The rollout of our Autos digital platform in partnership with Mini Anywhere accelerated in the third quarter. We ended the March quarter with 17 dealerships subscribed, 11 in California, one in Texas, and expanded this to a total of six states, adding dealerships in Florida, Pennsylvania, New York, and New Jersey. In California, we're now live in 70% of the mini-dealerships, and in Pennsylvania, we've already captured 75% of all dealerships. In the long term, this solution for my U.S.-based monthly mobility startup, Autos, has the potential to be rolled out to over 100 mini-dealerships across all 50 states. Our employees continue to return to our global offices. We ended the quarter with nearly 40% of our employees back in our Lahore Technology Campus, which is home to the majority of our workforce and the heart of our technology operations. Additionally, since the start of the fiscal year, we have increased our headcount when nearly 70 employees mostly stationed in the Nestle Technology Campus in Lahore to support additional implementation work and innovation initiatives. Our results for the first nine months of fiscal 2022 clearly demonstrate we are delivering on our promise of returning to meaningful growth, and we are confident that the investments we will be making in our leadership, workforce, technology, and expanded sales efforts will lead to outsized returns in fiscal 2023 and beyond. With this 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.