5/14/2025

speaker
Operator
Conference Operator

please press star followed by one on your telephone keypad. And to withdraw your question, it's star followed by two. It's now my pleasure to hand over to Darlene Webb to begin. Please go ahead when you're ready.

speaker
Darlene Webb
Director of Investor Relations

Thank you very much, operator, and good morning, everyone. On today's call, we'll be discussing Energia's earnings for the first quarter of 2025, which ended March 31st, 2025. If you're following along with our slides, my comments are directed to slides one through three. On slide two, you'll see that on our call today, I am joined by Mr. Asaf An, Energia's Chief Executive Officer, Mr. Greg Wolk, Energia's Chief Financial Officer, and Dr. Yaniv Sherson, Energia's Chief Operating Officer. Before beginning our formal remarks, we would like to refer you to slide three of the presentation, which contains the caution on forward-looking information and a note on the use of non-IFRS measures. Listeners are reminded that today's discussion may contain forward-looking statements that reflect current views with respect to future events. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in these forward-looking statements. ANAGEA does not undertake to update any forward-looking statements except as may be required by applicable laws. Listeners are urged to review the full discussion of risk factors in the company's perspective, which is filed with Canadian securities regulators. And with that, I'll turn the call over to Asaf.

speaker
Asaf An
Chief Executive Officer

Thank you, Darlene, and good morning, everyone. We are now on slide four. When I stepped into this role, we said that Nigeria would do three things. Simplify the business, focus on execution, and we stole financial discipline. Nine months later, guess what? We're doing exactly that through discipline, expansion, and our strategic growth. We said we would move towards a capitalized model. We have. We said we would grow our capital sales business. We are. We said we would control cost and stabilize operation. We're doing exactly that. Moving to slide five. With quarter results, short progress we expected to make. In several key areas, we are ahead of where we plan to be. A capital sales performance is a path target. Our backlog has more than doubled compared to the same time last year, and that momentum continues to grow. This is not a one-time event. It reflects a steady commercial activity, the strength of our technology, and the ability to deliver. We are now on slide six. In Q1, we took deliberate steps to strengthen our capital market presence, with Nigeria now trading on the OTCQX under the ticker ANRGF. This listing enhances visibility improves accessibility for our US investors, and aligns with our focus of building long-term value through discipline execution. We are now on slide seven. The message is clear. We are executing, we are growing, and we are entering this year with strong momentum. We could not have reached this point without the people who make it happen every day. The GR 2.0 is more than a strategy. It is a shift in mindset. One that is now fully embedded across the company. Our teams are aligned. Our priorities are very clear. And across every part of the business, the focus is the same. execution, accountability, and results. The progress we are seeing is not the result of one or two decisions. It is a product of consistent follow through every day. We are not eating off. We are moving with purpose and maintaining the discipline that has carried us this far. We are proud of what we have accomplished to date. The signals are strong, and we believe we are well positioned to continue building a stronger and more resilient energy. To take you through the numbers and execution, I will now turn the call over to Greg, followed by Yaniv. Take it over, Greg.

Disclaimer

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