Sylogist Ltd.

Thank you for standing by. This is the conference operator. Welcome to the syllogist limited fourth quarter 2025 results conference call and webcast. As a reminder, all participants are in listen only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. I would now like to turn the conference over to Jennifer Smith with LoadRock Advisors. Please go ahead.

Thank you, Michael, and good morning. Joining me to discuss Syllogist's fourth quarter and full year 2025 results are Craig O'Neill, Syllogist's Interim Chief Executive Officer, along with Sujit Kinney, the company's Chief Financial Officer. The call is being recorded live at 8.30 Eastern Time on March 19, 2026. I'd like to remind everybody that our Q4 2025 press release, MD&A, financial statements, and accompanying notes have been issued and are available for download on CDAR+. Please note that some of the statements made on today's call may be forward-looking, actual events or results may differ materially from those expressed or implied, and syllogist disclaims any intent or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. A complete safe harbor statement is available in both the MD&A press release as well as on syllogist.com. We encourage all of our investors to read it in its entirety. Additionally, we are reporting our financial results in accordance with IFRS accounting standards for IFRS. Today, we may also refer to and discuss non-IFRS performance measures. which should be viewed as supplemental. We have included in our MD&A the definition of certain non-IFRS performance measures used by the company. Furthermore, all the dollar figures expressed on this call are in Canadian dollars unless otherwise stated. Now, I will be turning the call over to Craig for his opening remarks. Following that, Sujit will provide an overview of our Q4 and full year financial performance with Craig returning to conclude with closing remarks, after which we will open the line for Q&A. With that, I'll hand the call over to Craig.

Great. Thanks, Jen, and good morning, everybody. Thank you for joining us today. Before we get into today's results, I want to emphasize that the focus of this call is on our operating results and the go-forward plan for the business. The ongoing process regarding board matters and the proxy contest is being overseen by a special committee of the board. The board has also been actively engaged in the search for a permanent CEO The job spec was finalized in February and under the leadership of the CEO search subcommittee comprised of Kim Fennell, Errol Olson and Tracy Edkins, the board has been actively interviewing candidates. You'll have seen the company's press release on Monday and in these circumstances management does not intend to discuss that topic further or take specific questions about the situation on this call. So with that in mind, I'd like to turn to the business itself and share some reflections from my first few weeks as interim CEO. It's actually been approximately six weeks since I joined the Syllages team. And since then, I've invested significant time and energy to better understand the business and our products, the markets that we serve, and our teams across the company. And what I've learned is really encouraging. We have a committed and a highly skilled group of people here. We have a portfolio of ERP, CRM and other mission critical software solutions that are highly effective at addressing the needs of our customers. And we built a strong presence and reputation in our target markets. Our fiscal 2025 and Q4 2025 results are reflective of the journey the company has been on over the past few years. That journey has been a transformation and transformation really is not too strong a word. To describe the changes that have been underway village has moved from being what I would characterize as a legacy player. A soccer vendor with older products that followed old school or old style model of perpetual licenses and maintenance with a high degree of one time professional services revenue. Whereas today, we are a modern SaaS business with modern products that customers license through subscriptions and that are implemented by a partner ecosystem, a major transformation. We believe these changes will create sustainable long-term value for our stakeholders going forward. While the journey isn't complete, I'm pleased to report that in Q4, SILA just continued its forward progress, and our results are showing early signs of improving revenue quality and operational efficiency. SAS revenue stayed strong, reaching 73% of recurring revenue in Q4, compared to 70% of our recurring revenue during the same period last year, while our SAS ARR increased 9% year over year. Additionally, recurring revenue as a percentage of total revenue reached a high of 81% for Q4 compared to 72% during the same time last year. In addition, our partner led sales and delivery strategy gained traction in Q4 with 43% of ARR bookings being partner driven. While total revenue declined slightly, this was driven by the company's strategic decision to transition professional services work to our partners. Our SaaS ARR, recurring revenue mix, and our platform depth grew significantly during the reporting period as we moved away from lower quality revenue streams. With that, I will turn it over to Sujit to walk you through the detailed financials for the quarter and the year. Sujit?