Haivision Systems Inc.

Good afternoon. My name is Emma and I will be your conference operator today. At this time, I would like to welcome everyone to the high vision fourth quarter and fiscal year 2022 earnings conference call. All lines 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, again, press the star 1. Thank you. Mirko, Chairman, CEO, and President of HiVision, you may begin your conference.

Thank you, Emma, and good afternoon, everyone. Again, thank you for joining us. I'm thrilled to be back today to discuss what seems like a long time ago, but our Q4 and our last year's fiscal year results. Now, as demonstrated by the results we announced earlier today, the press release demand for our products remains strong and our business fundamentals have never been stronger now the company achieved record q4 revenue of 37.9 million dollars represents actually a 40.1 percent growth over the previous q4 in 2021 as we continue to deliver on our promise to increase top line growth my company also achieved a record fiscal year revenue of $125.7 million, which represents a 35.8% growth for fiscal 2021. Now, we have been working diligently since September on our fiscal 23 planning and realigning our combined product roadmaps and identifying integration areas of the AWS and HiVision teams. We've implemented all the necessary changes during our Q4 to realize the full acquisition synergies. And we have also reduced our overall headcount by approximately 10% with all associated costs being recorded in our Q4 financials as mentioned in earnings release earlier today. Dan will go into a lot more details later on the call. And we continue making good progress in our Hivision MCS, formerly known as Cinemassive integration and feel we are ready to reap the benefits of this great acquisition

during 2023.