1/7/2025

speaker
Jenny
Conference Operator

for conference call and webcast. My name is Jenny, and I will be your conference operator today. As a reminder, today's conference call is being recorded. 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, you can submit your type questions via the webcast. Alternatively, if you would like to ask a question over the telephone, If you would press star, then the number one on the telephone keypad. If you would like to withdraw your question, please press star two. If at any time during this call you require immediate assistance, please press 4-0 for the operator. At this time, I would like to turn the conference over to Mr. Brent Ashton, Chief Executive Officer, and Ms. Katie Martinovich, Interim Chief Financial Officer. Please go ahead, Mr. Ashton and Ms. Martinovich.

speaker
Brent Ashton
Chief Executive Officer

Thanks, Jenny. And good morning to all of you on the call today. I hope that you all had a great holiday break here a week or two ago and are really excited at the recent turning of the calendar year here for 2025. We appreciate you connecting in today. Katie Martinovich, our interim chief financial officer, has joined me on the call here. And Salia Asadzada from Covalon is helping to coordinate the conference call and the webcast today. And she'll now provide us with some instructions.

speaker
Salia Asadzada
Executive Assistant to Chief Executive Officer

Thank you, Brent. Good morning, everyone. My name is and I am the Executive Assistant to Covalent's Chief Executive Officer. I would like to thank everyone for taking the time this morning to attend our conference call. We will be discussing the financial statements, MD&A and press release related to Covalent's fourth quarter and full 2024 fiscal year ended September 30th, 2024. There will be an opportunity for you to ask questions at the end of the call. Before we begin the discussion, I would like to remind participants that this call and webcast are covered by Koblan's Safe Harbor Statement. Certain statements included on this conference call may be considered forward-looking. Such statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from those implied by our statements. And therefore, these statements should not be taken as guarantees of future performance or results. All forward-looking statements are based on management's current beliefs, assumptions, and information currently available to us and related to anticipated financial performance, business prospects, partnership opportunities, strategies, regulatory developments, market acceptance, and future commitments, among other things. Participants on this conference call are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this conference call. Due to risks and uncertainties, including those identified by Kovalan in our public securities filings, actual events may differ materially from current expectations. Kovalan disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. In the management's discussion and analysis, press release, and this call, Kovalan has provided non-GAAP financial measures that are meant to provide further understanding of our results by helping to highlight trends and assist in comparing different periods. The adjusted gross margin and adjusted EBITDA are terms that do not have any standardized meaning and may not be comparable to other companies. These measures are not meant to replace the similar IFRS accounting standard measures, and any adjusting items may recur in the future. I will now turn the call back over to Brent Ashton, Kovalan's Chief Executive Officer.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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