Modiv Inc.

Good day and welcome to Modus Industrial Incorporated fourth quarter and full year 2024 conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star zero key. On today's call, management will provide prepared remarks and then we'll open up the call for questions. To ask a question, analysts may press star one on your touchtone phone to get into the queue. If you're using speakerphone, please pick up your handset before pressing the keys. To withdraw your question, please press star 2 on your telephone keypad. Please note this conference is being recorded. I would now like to turn the conference over to your host, John Rainey, Chief Operating Officer and General Counsel. Please go ahead, sir.

Thank you, Rob, and thank you, everyone, for joining us for Motive Industrial's fourth quarter and full year 2024 earnings call. We issued our earnings release before market opened this morning, and it's available on our website at motive.com. I'm here today with Aaron Halfacre, Chief Executive Officer, and Ray Pacini, Chief Financial Officer. On today's call, management will provide prepared remarks, and then we'll open up the call for your questions. Before we begin, I would like to remind you that today's comments will include forward-looking statements under the federal securities laws. Forward-looking statements are identified by words such as will, be, intend, believe, expect, anticipate, or other comparable words and phrases. Statements that are not historical facts, such as statements about our expected acquisitions or dispositions and business plans, are also forward-looking statements. Our actual financial condition and results of operations may vary materially from those contemplated by such forward-looking statements. Discussion of the factors that could cause our results to differ materially from these forward-looking statements are contained in our SEC filings, including our reports on Form 10-K and Form 10-Q. With that said, I would like to call over to Aaron. Aaron, please go ahead.

Thanks, John. Hello, everyone. Welcome. What a great day to come out with earnings. The same day we got tariffs gone. We timed these things perfectly for your entertainment. I am going to have some comments this time, but let's first jump to Ray, and then I'll make comments after that, and then we'll do Q&A.