Lightspeed Commerce Inc.

Good afternoon. My name is John, and I will be your conference operator today. At this time, I would like to welcome everyone to the Lightspeed second quarter 2025 earnings call. All lights have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I would now like to turn the call over to Gus Papagiorgio, head of investor relations. you may begin your conference.

Thank you, operator, and good morning, everyone.

Welcome to Lightspeed's fiscal Q2 2025 conference call. Joining me today are Dax De Silva, Lightspeed's founder and CEO, Asha Bhakshani, our CFO, and J.D. Samothan, our president. After prepared remarks from Dax and Asha, 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 earlier today our second quarter 2025 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 and ratios. 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+, and on the SECs at your system. Note that because we report in U.S. dollars, all amounts discussed today are in U.S. dollars unless otherwise indicated. Our commentary today is focused on our business and Q2 financial results. As you can appreciate, we will not be taking questions concerning the company's ongoing strategic review. We respectfully refer investors to the press release we issued on September 25th and our quarterly filings made today with U.S. and Canadian securities regulators. Before I pass the call on to DAX, I also want to announce that in light of such ongoing strategic review, we will postpone our capital markets pay previously scheduled for November 20th. We note that there can be no assurances given at this time as to the outcome of our strategic review and that no further announcements or comments in respect of this matter will be made except as required under our regulatory obligations. With that, I will now turn the call over to Dax.