TAT Technologies Ltd.

firm supporting Iran Younger, TAT's internal head of investor relations. Hosting today's call is Egal Zamir, our president and CEO, and Ehud Benyar, our CFO. Before getting started, we'd like to draw your attention to the fact that certain matters discussed on this call today may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other provisions of the federal securities laws. These forward-looking statements are based on management's current expectations and are not guarantees of future performance. Actual results could differ materially from those expressed in or applied by these forward-looking statements. The forward-looking statements are made as of the date of this call and, except as required by law, TAT Technologies assumes no obligation to update or revise them. Investors are cautioned not to place undue reliance on these forward-looking statements. For a more detailed discussion of how these and other risks and uncertainties could cause TAT's actual results to differ materially from those indicated in these forward-looking statements, please see our annual report on Form 20F for the fiscal year ended December 31st, 2024 and other filings we may make with the SEC. The financial measures discussed today include non-GAAP measures. We believe investors focus on non-GAAP financial measures in comparing results between periods and among our peer companies that publish similar non-GAAP measures. Please see yesterday evening's Form 6K, our earnings release, and the investor section of our website at tat-technologies.com for a reconciliation of non-GAAP financial measures to GAAP measures. Non-GAAP financial information should not be considered in isolation from or as a substitute for or superior to GAAP financial information, but is included because management believes it provides meaningful information about the financial performance of our business and is useful to investors for informational and comparative purposes. The non-GAAP financial measures that we use have limitations and may differ from those used by other companies. Now, with all of that said, I would like to turn the call over to Egal.

Good morning, everybody, and thanks for joining us for the first quarter learning calls. I really appreciate your interest in the support as we reviewed the company's performance and discussed our strategic direction moving forward. As you probably see, we started 2025 on a strong note, delivering another quarter of double-digit revenue growth with profitability growing even faster than revenue, reinforcing the momentum we established last year, or actually I would say in the last three years, Our focus on customer operation excellence, market expansion and strategic growth continue to drive results that are ahead of the industry average. We expect to continue and outpace the industry for the foreseeable future. First quarter revenue increased by 23.6% to $42.1 million, up from $34.1 million in the same period last year. This growth was fueled by strong demand across our core business lines, along with... Gentlemen, I just want to check that you still hear me.

We have a... Yeah, we heard you, but there was a little pause. You're back online now, Igor, so please speak.