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Lightspeed Commerce Inc.
2/3/2022
on your telephone keypad. If you would like to withdraw your question, again, press the star 1 key. Thank you. Gus Pappagiorno, Head of Investor Relations. You may begin your conference.
Thank you, Operator, and good morning, everyone. Welcome to NiceBeats Fiscal Q3 2022 Conference Call. Joining me today are Dax De Silva, Lightspeed's founder and executive chair, J.P. Chauvet, our newly appointed CEO, and Brandon Nessie, chief financial officer. After prepared remarks, we will open it up for your questions. We will make forward-looking statements on our call today that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Certain material factors and assumptions were applied in respect of conclusions, forecasts, and projections contained in these statements. We undertake no obligation to update these statements except as required by law. You should carefully review these factors, assumptions, risks, and uncertainties in our earnings press release issued yesterday, our third quarter 2022 results presentation available on our website, as well as in our filings with U.S. and Canadian securities regulators. Also, our commentary today will include adjusted financial measures, which are non-IFRS measures. These should be considered as a supplement to and not a substitute for IFRS financial measures. Reconciliations between the two can be found in our earnings press release, which is available on our website, on cedar.com, and on the SEC's Edgar system. In addition, our commentary today will include key performance indicators that help us evaluate our business, measure our performance, identify trends affecting our business, formulate business plans, and make strategic decisions. Such key performance indicators may be calculated in a manner different from similar key performance indicators used by other companies. Note that because we report in U.S. dollars, all amounts discussed today are in U.S. dollars unless otherwise indicated. Before I turn it over to Dax, I want to take this opportunity to remind everyone that Lightspeed will be hosting a webcast to highlight the release of its flagship Lightspeed restaurant offering. The webcast will take place on Tuesday, February 8th at 12.30 p.m. Eastern Time. Please go to the events and presentations section of our IR site to register. With that, I will now turn the call over to Dax.
Thanks, Gus. Good morning, everyone, and thank you for joining us today. I'm sure most of you have seen the press releases from last night announcing both the earnings for the quarter and changes amongst the senior executive leadership team. I was pleased that Lightspeed was again able to deliver results ahead of our previously established outlook with strong organic growth. With regards to changes in the executive leadership team, I will be assuming the newly created role of executive chair and focusing my time setting strategic priorities for the company at the board level and will be directly responsible for all ESG and DEI initiatives. JP Chauvet, my longtime colleague and friend, has been appointed CEO. JP joined Lightspeed in 2012 as its chief revenue officer. He became a board member in 2016 and was promoted to the role of president in April of 2016. JP has driven the company's M&A strategy, was instrumental for our listings on both the Toronto and New York stock exchanges, and led the launch of the highly successful Lightspeed Payments offering. His vision and focus on execution have helped Lightspeed transform from a regional PO provider to a global commerce platform, integrating suppliers, merchants, and consumers. As Lightspeed continues to execute on its mission and recognize its full potential, I can think of no one more qualified than JP to lead the company. Given JP has assumed more and more responsibility during his tenure at Lightspeed, this is a natural progression, and I expect a seamless transition. As Executive Chair, I will remain very involved in Lightspeed's future direction, ensuring the company remains the commerce platform of choice for businesses everywhere, as well as a preferred employer for the world's top talent. On that note, I would like to take this opportunity to publicly welcome our two new board members, Natalie Gaveau and Dale Murray. Both women are distinguished leaders from the technology sector and possess extensive board experience. Ms. Gaveau was a co-founder of one of the largest e-commerce marketplaces in Europe, and Ms. Murray co-founded Omega Logic. Both bring international experience that will be very valuable for the company. I look forward to working with both Natalie and Dale in the months and years ahead. And with that, I will pass it over to JP.
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