Stingray Group Inc.

Good morning, ladies and gentlemen, and welcome to the Stingray Group Q1 2027 results conference call. At this time, note that all participant lines are in the listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. Also note that this call is being recorded on Monday, August 10, 2026. And I would like to turn the conference over to Mathieu Peloquin. Please go ahead.

Good morning, everyone. Thank you for joining us for Stingrays Conference Call for the first quarter of fiscal 2027, ended June 30, 2026. Today, Eric Boyko, President, CEO, and co-founder, as well as Marie-Helene Fournier, Interim CFO, will be presenting Stingrays operational and financial highlights. Our press release reporting Stingrays first quarter results was issued today before the market opened. Our press release, MD&A, and financial statements for the quarter are available on our investor website at stingray.com and on Setter Plus. Today, the corporation also filed its 2026 annual report, including audited annual consolidated financial statements and MD&A for the year ended March 31, 2026. The 2026 annual report is available on Cedar Flex and on the investor relations section of Stingray's website. I will now provide you with the customary caution that today's discussion of the corporation's performance and its future prospects may include forward-looking statements. The corporation's future operation and performance are subject to risk and uncertainty, and actual results may differ materially. These risks and uncertainties include but are not limited to the risk factors identified in Stingray's Annual Information Form, dated August 7, 2026, which is also available on CEDAR+. Decorporation specifically disclaims any intention or obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable law. Accordingly, you're advised not to place undue reliance on such forward-looking statements. Also, please be advised that some of the financial measures discussed over the course of this conference call are non-IFRS. Refer to Stingrays MD&A for a complete definition and reconciliation of such measures to IFRS financial measures. Finally, let me remind you that all amounts on this call are expressed in Canadian dollars unless otherwise indicated. With that, let me turn the call over to Eric.

Okay. Good morning, Mathieu. Good morning, everyone. Welcome to our first quarter results conference call for fiscal 2027. Second open fiscal 2027 was left off in 2026 only on a margin scale. Driven by robust revenue contribution from tuning acquisition and fast channel segment, we generated overall growth of 65.2% and Organic Growth of 27.5 year-over-year in the first quarter. The integration of TuneIn has been seamless, creating a failover effect on our entire advertising business with revenue synergies reaching a run rate of $45 million nine months post-transaction. On the fast channel side, Stingray's premium ad network continued to outperform with revenue rising nearly 70% in the first quarter, driven by our reselling of TV manufacturers and many more. Our unique ability to sell ads, both on-platform and off-platform, places Signory in a strong competitive position as we have demonstrated to our partners that we can help them enhance monetization of their flash channels. Looking ahead, we remain confident that our tuned-in and flash channel business will contribute to another year of double-digit organic Thank you for joining us today. We are excited about the opportunity to bring programmatic advertising capabilities to our in store business. We are actively working to enable a market solution for a new audience based multiplier model. where one ad reaches a broader audience than one-on-one basis. We see this evolution in the business model as a key catalyst for steering, and we expect to make progress on this front during the current fiscal year. Finally, our in-car entertainment segment continues to gain traction. Building on the earlier Nissan partnership announcement last February, we continue to deploy new features to our cars, in karaoke, and audio services, and to increase our footprint with existing car manufacturers. We remain optimistic, including new partnerships in the coming months. Altogether, broadcast and commercial music or streaming division revenues more than doubled to $126 million in the first quarter of 2027, mainly due to higher advertising revenues from the tune-in acquisition and greater cash channel sales. Later revenues which were adversely affected by reduced betting and government ads year-over-year in Q1, declined 6.5% to 32 million in the first quarter, but has shown great signs of recovery early in the second quarter. We expect radio sales to improve in the second quarter and we're pacing to be above 5%. Before handing the call over to Marie-Helene for her financial review of the quarter, I would like to say a few words about our capital allocation and our leverage ratio. Some of us will notice that our net debt EBITDA to pro forma adjusted EBITDA increased to 2.5 times in Q1, 2027, but this is largely due because we make a strategic decision to re-purchase 1 million shares from Naqad De Defoe for $15.5 million, the acquisition of Radioline and Westport. and because of customer timing difference in collection of advertising revenues. The share buyback will likely push our target of bringing our leverage ratio under 2.0 by the end of fiscal 2027 instead of the year end calendar of 2026. Nevertheless, we believe it is directly in line with our commitment to actively manage senior race capital assets and maximize value for our shareholders. In closing, Our balance sheet remains healthy, providing us with the flexibility to invest in organic growth and pursue strategic acquisitions. With this, I will now call over to Marie-Helene for her financial review.