Information Services Corporation

Good day and thank you for standing by. Welcome to the ISC second quarter 2025 earnings conference call and webcast. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 11 on your telephone. You will then hear an automated message advising you your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker, Jonathan Hackshaw, Senior Director, Investor Relations and Capital Markets. Please go ahead.

Thank you, Michelle, and good morning to everyone joining us today. Welcome to ISE's conference call for the quarter ended June 30th, 2025. On the call today are Sean Peters, President and CEO, and Bob Antichow, Chief Financial Officer. This morning, Sean will take you through some of the highlights of the quarter. Bob will then provide some comments on our financial and operating performance for the quarter before passing the call back over to Sean for some closing remarks. Before we begin, we would like to remind everyone that we will only be summarizing results today. The company's financial statements and MD&A have been filed on CDAR Plus and are available on our website. We encourage you to review those reports in their entirety. I would also like to remind you that any statements made today that are not historical facts are considered to be forward-looking statements within the meaning of applicable securities laws. The statements may involve a number of risks and uncertainties that are described in detail in the company's CDAR Plus filings. Those risks and uncertainties may cause actual results to differ materially from those stated. Today's comments are made as of today's date and will not be updated except as required under applicable securities laws. Today's conference call is being broadcast live over the internet and will be archived for replay shortly after the call in the investor section of our website. With that, I would now like to turn the call over to Sean.

Thank you, Jonathan. Good morning to everyone joining us for today's call. The second quarter of 2025 reflected a solid performance across the business, demonstrating the strength of our diversified operations and the value of our strategic approach. Registry operations performed steadily, supported by the ongoing reliability of the Saskatchewan registries. While land registry transactions and high-value registrations were both down year over year, This was offset by higher average real estate values and new revenue from the Bank Act Security Registry, which commenced operations in July 2024. Our services segment was also able to deliver a steady performance, supported by continued growth in the higher margin recovery solution division. Driving this was an increase in individual asset recovery assignments from existing customers and higher delinquencies in the automotive lending market, alongside a rise in completed vehicle sales, for which we earn a commission. Finally, looking at our technology solution segment, we were pleased with notable increases in both top and bottom line metrics compared to the same period in the prior year. These improvements underscore the segment's move towards enhanced operational efficiency and stronger market traction, as demonstrated by our refined processes, disciplined cost management, and an expanding customer base. These trends position technology solutions for sustained future growth as we build on this momentum to capture emerging opportunities. In summary, we delivered a solid second quarter performance through our resilient business model and operational focus. Our disciplined financial strategy and ability to execute effectively continue to strengthen our business, positioning us to drive sustained value creation and pursue our long-term objectives of confidence. I'll now turn the call over to Bob to discuss some financial highlights in more detail before providing some closing remarks.