OverActive Media Corp.

Good day, everyone, and welcome to the Overactive Media's first quarter 2022 conference call. At this time, participants are in a listen-only mode. A question-and-answer session will follow management's remarks. This conference call is being recorded, and a replay of today's call will be available on the Investor Relations section of Overactive Media's website and will remain posted there for the next 30 days. I would now like to hand the conference call over to Mr. Babak Pedram, Investor Relations for Overactive Media, for introductions and the reading of the safe favor statement. Please go ahead, sir.

Thanks very much, and good morning, everyone. Welcome to Overactive Media's first quarter 2022 earnings conference call. A copy of the company's earnings press release is available on the Investor Relations section of our website at overactivemedia.com. With us on today's call are Chris Overholt, Overactive Media's President and Chief Executive Officer, and Rakesh Shah, Chief Financial Officer. Today, we'll review the highlights and financial results for the first quarter of 2022, as well as recent developments. Please note that unless otherwise specified, all amounts mentioned on today's call are in Canadian dollars. Before we begin, I will read our cautionary note regarding forward-looking information. Certain information to be discussed during this call contains forward-looking statements within the meaning of applicable security laws, including, among others, statements concerning the company's 2022 objectives, the company's strategy to achieve those objectives, as well as statements with respect to management's belief, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance, or expectations that are not historical facts. Such overlooking statements reflect management's current beliefs and are based on information currently available to management and is subject to a number of significant risks and uncertainties that could cause actual results to differ materially from those anticipated. Also, our commentary today will include adjusted financial measures which are non-GAAP measures. These should be considered as a supplement to and not as a substitute for GAAP financial measures. Reconciliations between the two can be found in our MD&A, which is available on CDAR.com and our website. Now, at this time, it is my pleasure to introduce Chris Overholt, President and CEO of Overactive Media, to go over the company's operational highlights. Chris, please go ahead.

Thanks, Patrick, and good morning, everyone. It's great to have all of you with us today as we share our first quarter 2022 earnings report. As we only just recently held our last conference call a little over three weeks ago, today's call will be naturally brief. As I speak to you this morning, I can say with confidence that we are executing our plan for the fiscal year 2022 with precision and as we predicted. Our marketing partnerships business remains strong, our leagues are underway, our teams are progressing nicely within the season, and we continue to enjoy the momentum we witnessed as we wrapped up in 2021. Our focus remains on our core business and executing the fundamentals central to our strategy. First, build strong and enduring relationships with our game publisher partners, driving greater viewership and increased revenue share. Second, leveraging our relationship and authentic connection to the unique generational audience that love these sports to drive marketing partnerships at scale. And finally, focus our investments on these closed franchise leagues and the scarcity opportunity of the franchise model creating significant market appreciation of these core assets over time. These factors remain the key drivers of our business today and are central to our continued growth. As Rakesh will share in more detail in a moment, our business is off to a solid start in Q1. Our total revenue has grown by 62% when compared to the same period last year, driven primarily by our strategic marketing partnerships business. In particular, the addition of Zilliqa, a blockchain solutions provider with a focus on gaming strategies for the metaverse, represents not only a financial boon for the company, but a key strategic partner for Overactive Media as we seek to establish our brands and our broader business offering in this brave new world. Zilliqa will deliver us an opportunity to deliver enhanced fan partner engagement experiences in the digital realm, while tapping into a new audience in the metaverse. Together, we're unlocking the future potential and power of community engagement as the gaming, esports, and entertainment industry evolves. With respect to our team's business, we're focused on talent identification and coach development. As an organization, our goal is to build and deliver consistently top performing teams that compete at the highest levels. And as such, we made some strategic roster changes that will not only improve our overall performance on the stage, but also offer an improved bottom line when compared to Q1 of last year. And of course, looking ahead, we're incredibly excited to bring Canada's first ever Call of Duty League tournament to Canada. The Toronto Ultra Major 3 tournament, powered by Bell, is taking place from June 2nd to 5th at the Matinee Athletic Centre. Formerly known as Maple Leaf Gardens, this historic building will pioneer the new generation of sports with a major esports tournament featuring the best Call of Duty players in the world competing for half a million dollars U.S. in prize money. Major III is expected to attract esports, gaming, sports and entertainment fans alike to an action-packed four-day festival, furthering the city's position as a global leader and in the industry. And so, our momentum continues. We remain keenly focused on our vision for building a sports, media, and entertainment company for today's generation of fans. Thanks once again for joining us today and at this time I'll pass the call on to Rakesh who will provide a more detailed review of our financial results.