OverActive Media Corp.

Good day, everyone, and welcome to Overactive Media's first quarter 2026 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. It will remain posted there for the next 30 days. I will now hand the call over to Callie Haley, Senior Director of Global Operations at Overactive Media, for introductions and a cautionary note. Please go ahead.

Thank you, Jenny, and good morning. Everyone, welcome to Overactive Media's first quarter 2026 earnings conference call. A copy of the company's earnings press release, unaudited, condensed, consolidated interim financial statements, and management's discussion and analysis for the three months ended March 31st, 2026, are available on the investor relations section of our website at www.overactivemedia.com and under the company's profile on Cedar Plus at cedarplus.ca. With us on today's call are Adam Adamo, Chief Executive Officer, and Louis Xing, Chief Financial Officer. Today, we will review the financial results for the first quarter of 2026 and recent developments. 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 securities laws, including among others, statements concerning the company's 2026 objectives, the company's strategy to achieve those objectives, the company's ability to secure additional financing, and continue as a going concern, as well as statements with respect to management's beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance, or expectations that are not historical facts. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management and are subject to a number of significant risks and uncertainties, that could cause actual results to differ materially from those anticipated. For description of these risks, please refer to the company's public disclosure documents filed under its profile at taterplus.ca. Our commentary today will also include adjusted financial measures, which are non-IFRS measures. These should be considered a supplement, not a substitute, for IFRS financial measures. Reconciliations between the two can be found in our management's discussion and analysis and our earnings press release, both of which are available on Cedar Plus and on our website. At this time, it's my pleasure to introduce Adam Adamo, Chief Executive Officer of Overactive Media. Adam, please go ahead.

Thanks, Kelly, and good morning, everyone. Good to be on the call with you today. I'll get straight to it. This was the strongest first quarter we've ever reported on both revenue and adjusted EBITDA. Revenue came in at $5.4 million, up 7% over the same quarter last year, and a first quarter record for the company. Our adjusted EBITDA loss narrowed by close to $1 million, or 43%, to $1.3 million, the best first quarter result we've ever posted. We're still running a loss in the seasonally lightest quarter of our year, but the direction is clear, and it's the right one. What I like most is how we got here. This wasn't one lucky line item. Our business operations segment grew 13% and now makes up a majority of our revenue. Our gross profit grew faster than our revenue, and gross margin increased to 59% from 52% a year ago. At the same time, our operating costs came down. That's growth and discipline showing up in the same quarter, which is exactly what we said we'd focus on in 2026. On the commercial side, our partners are leaning in. MovieStar Koi signed a new full-year partnership with Ideolo and Philips for the 2026 season, and we grew our European agency business across a deeper set of clients. We were also named the official national team partner for Canada in conjunction with eSport Canada, with MovieStar Koi as the official co-team partner for Spain at the eSports Nations Cup in Riyadh. That's the kind of recognition that says a lot about where these brands sit in the global game. Live events stayed a strength for us. Movistar COI hosted LEC Versus in Barcelona in front of roughly 15,000 fans. After the quarter closed, we brought the spring road trip to Madrid with another 12,000 fans in the building over the weekend. We keep proving we can fill arenas and put on a show, and we keep getting better and more efficient at it each time. On the servers, our teams kept us on the big stages. Luisa Koi finished third at LEC Versus in Barcelona. Tawana Koi placed third at Call of Duty Major 2, and after quarter end, third again at Major 3. Luisa Koi has locked in a top three finish in the LEC Finals, which will be concluded next week in Berlin. To our players and coaching staff, thank you for the way you represent these brands. Now I'll turn the call over to Louis, our CFO, to walk through the financial results in more detail.