Flow Beverage Corp.

Good morning, everyone. Welcome to Flow Beverages Corp's first quarter 2022 financial results conference call. As a reminder, this conference call is being recorded on March 15, 2022. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question and answer session. Instructions will be provided at that time for research analysts to queue up for questions. I will now turn the call over to Devin Pinnell, Chief Financial Officer. Please go ahead, Devin.

Thank you, Operator. Good morning, everyone, and thank you for joining us today. Flow's first quarter 2022 financial results were released this morning. The press release, financial statements, and MD&A are available on CDAR, as well as the company's website, investors.flowhydration.com. Before we begin, I'll refer you to slide two of our presentation, which contains our caution regarding forward-looking statements. I'm joined on the call today by Nicholas Reichenbach, Flo's founder and executive chairman, and Maurizio Patronello, our chief executive officer. I will now pass the call over to Nicholas. Take it away, Nicholas.

Good morning, everybody. It's been just over a month since our last update but we're thrilled to provide a number of positive developments for flow. Not only are we making great strides on improving profitability, but we are well positioned for our seasonal strong summer growth months with new authorizations from some very large retailers in the US and Canada. We have near-term activations with one of our primary strategic partners, the New York Marathon, and our product innovation pipeline is on track. In January, we reported at the end of 2021 with almost 25,000 points of distribution across North America. Again, it's not the only primary KPI we use to measure our performance, but it does indicate that our DSD direct store delivery strategy that we've implemented in 2021 has been very effective. Within the first two months of this fiscal period, we have added over 800 new stores to our distribution channels. We expect that our points of distribution will grow as we add new distribution partners across Canada and the United States of America. both through our DSD strategy and through our internal sales team. You will see that Flow is getting a bit busier with our marketing and activations in April and May. We are making a big marketing push amongst a number of initiatives around Earth Day. This is a pretty important time of the year for Flow as it aligns with Earth Day, which is which aligns very well with our mission and values of our company and our consumer. We also have some exciting activation campaigns with the New York Roadrunners and the New York Marathon. The New York Marathon Half Marathon is this Sunday, March 20th, and the Brooklyn Half Marathon is Sunday, April 24th. If you're in the area or participating in the event, please keep a lookout on our co-branded products that are being activated at the races. At this time, I'll pass it over to Maurizio to give you our highlights of Q1 2022.