Thunderbird Entertainment Group Inc.

Thank you for joining Thunderbird Entertainment Group's fiscal 2024 year-end earnings call. Frank Alfano from Bristol Capital will read the following forward-looking statement disclaimer.

Thank you everyone for joining us. We are here to provide a corporate update and report on Thunderbird Entertainment Group's Q4 2024 results for the 3 and 12 months ended June 30, 2024. Speaking on today's call are Ms. Jennifer Twyner McCarron, CEO and Chair of the Thunderbird Board and Mr. Simon Bodymore, Thunderbird CFO. Ms. Twyner McCarron will provide a strategic overview of Thunderbird Entertainment Group and Mr. Bodymore will review the company's financial Q4 2024. Following the corporate update and financial review, the call will open for a question and answer session. If you would like to ask a question during this time, simply press star then the number one on your telephone keypad. Alternatively, if you have any questions, you could call 1-604-683-3555 extension 2 or email investors at thunderbird.tv and the company will follow up directly after the call. At this time, all lines have been placed on mute to prevent any background noise. I'd like to remind everyone that certain statements made on today's call contain forward-looking information. for purposes of applicable securities laws. Forward-looking statements and information discussed on this conference call include, but are not limited to, statements regarding anticipated adjusted EBITDA growth, sustained growth, and a return to historical profitability levels, resonating with North American kids, using the NCIB opportunistically, yielding cost savings, additional revenue resulting from one animation production, changes in total revenue, future updates from broadcasters, and timing for filming new productions. Forward-looking statements are based on estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which are set out in the company's most recent management discussion and analysis and other public documents filed under the company's profile on CDAR. Although the company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable, Undue reliance should not be placed on these statements, which only apply as of today's date, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Except where required by law, the company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. This conference call is being webcast live, and the archive will be available on the company's website at www.thunderbird.tv following today's call. Please note that Thunderbird reports in Canadian dollars unless otherwise stated. Mrs. Twyner-McCarran will now provide the corporate update.

Thank you so much, Frank. Hello, and my name is Jennifer Twyner-McCarran. I am the CEO and Chair of Thunderbird Entertainment Group. On behalf of the company, I'd like to thank you all for joining today's call to discuss Thunderbird's fiscal 2024 year-end results. Thunderbird CFO Simon Bodymore is with me, and we appreciate you taking the time to hear the company's earnings update. Once Simon and I are finished, we will happily answer any and all of your questions and provide clarity where needed. While Simon will go over the numbers in more detail, I want to open by sharing that we are thrilled to end our fiscal 2024 on solid footing, exceeding our forecasted targets and returning to profitability with three consecutive profitable quarters. Our strong Q4 results and overall fiscal 2024 performance underscores that Thunderbird remains a healthy, successful business, even with today's challenging media industry headwinds. Once these media industry headwinds eventually become tailwinds, which they will, no one is better positioned than Thunderbird to soar. With great visibility to the future, we are lined up to build significant value for our shareholders with a robust content pipeline and incredibly strong industry relationships. This brings me to our update on the work conducted by the Strategic Advisory Committee. After a very thorough strategic review process, which included working with ACF Investment Bank, the Board, and the Special Committee, which was formed to oversee and run the process, unequivocally determined that we did not see anything more compelling than our own exciting growth plan. And executing on our targeted growth, along with exploring the possibility of uplifting to the TSX to increase visibility and liquidity is currently the best way to maximize value for our shareholders. As evidenced by our strong fiscal 2024 year end numbers, we have fared extremely well in a tough market. Our board and special committee is unanimously aligned on the future focus and direction of the business and we consider the review process to be complete at this time. We remain committed to growth and to seeking increased liquidity wherever possible for successful outcomes for both the business and our shareholder base. We will always be open to new opportunities and we'll continue to have those conversations at all times. I will add that everyone that looked at our company Thunderbird found us to be a true gem of a company with something really special happening. There are just headwinds within the market at this juncture. We want to thank our shareholders for their patience and commitment to Thunderbird. Truly thank you all as we diligently evaluate the best pathway forward for the company. While the service work remains very strong for our company, our IP ownership is growing, as evidenced by the recently announced The Day You Begin, a brand new animated original special from Atomic Cartoons, which is heading to PBS Kids. The Day You Begin is based on the New York Times bestselling picture book of the same name by MacArthur Fellow, National Book Award, and Newbery Honor-winning award author Jacqueline Woodson. Thunderbird manages and controls global media distribution rights for this family special, which showcases the excitement and trepidation experienced by children on their first day of school. Thunderbird Distribution will debut the special to prospective international buyers at global sales market MIP Junior MIPCOM, which is taking place in Cannes, France later this month. Myself and our president of CP and Global Distribution, Richard Goldsmith, will be attending. Our strategy also includes working on productions that serve different genres to maximize our reach and access new audiences. Kids and Family does remain the stickiest, with Ampere Analysis recently reporting that a robust lineup of kids content reduces the likelihood that American households will cancel the streaming services. We're so proud of Atomic's strong foothold in this domain, but also continue to see increasing opportunity in factual and scripted. In addition to balancing the types of productions we work on and the genres we cater to, Thunderbird distribution and brands also diversifies our business and product offerings while expanding our reach. Officially launched at Licensing Expo in fiscal 2023, we used this opportunity to showcase several key properties on a global stage, including Mittens and Pants, Marmicorno, Starfall, and Highway Through Hell. One year later, here are some of the updates. Sandra Bird acquired the global media and consumer products right to the adorable preschool series Mittens and Pants. Following this season, one was sold to buyers across 34 territories, including France TV and Warner Brothers Discovery in fiscal 24. In addition, Mittens and Pants has also been adopted by several U.S. streaming platforms, including NBC's Peacock, Roku, Tubi, public library-affiliated streamer Canopy, and children's free ad supporting streaming TV or fast streamers, Happy Kids, Cadoodle TV, and Sensical, and I could keep going. This series' international pawprint just continues to grow. And in fact, we recently announced sales to platforms that include BEIN, MENA season one, Norway season one and two, Alibaba's Youku, and China season one and two, and additionally, China-based content distributor, Beijing 24. will be selling both seasons of the series of The Territory. I go over all of this just to show you the reach that a show with more than 29.2 million views and followers and comments on all of this continues to explode. With Mermacorno's Starfall series set to debut in early 2025, the teams involved are incredibly busy. In fiscal 24, we announced new territory distribution deals in the U.S. with HBO Max, with the UK Pop, Canada, Chorus Entertainment for YTV, Stack TV, and Teletoon Plus, LATAM, Max and Cartoon Network, and Southeast Asia, also Cartoon Network. Thunderbird Brands and Tokidoki also announced a partnership with renowned toy maker Jazzwares to act as a global master toy licensee for a number of distribution channels, including mass market e-commerce and direct-to-consumer platforms. This comprehensive licensing program will include play sets, You know, lots of figures, Squishmallows, Halloween and pet costumes, and more. Now, Vanna was also named as Mermacorn of Starfall's Canadian licensing agent, covering all major categories outside of toys and publishing in Canada. And this summer, our LA team attended San Diego's Comic-Con and had a chance to experience firsthand the excitement that is building for this brand and series. And GPM's Highway Through Hell absolutely knows no bounds. This series is so special and represents one of the longest running unscripted series in Canada. In fiscal year 2024, the hit GPM series reached another major milestone and was renewed for season 14 on Discovery Channel. Season 13, meanwhile, is in post-production and will exceed the historic 200th episode mark to reach 204 episodes. GPM and GPM president and head of scripted Lindsay McAdam also oversaw and shot the widely anticipated movie for Tubi Originals called Sideline, The Cubian Knee, which is premiering on November 27th, starring Instagram sensation Noah Beck, who has over 30 million followers, and Sienna Agdong, famous from Resident Evil franchise. Banajay writes, also introduced a dedicated Highway Through Hell branded fast channel that features the first 10 seasons of the long-running hit docu-series. This channel, which also features GPM's Heavy Rescue 401, launched in March in the UK and in Australia in April. Recently, Band of J Rights also acquired segment rights for Highway Through Hell. This includes an official Highway Through Hell YouTube channel and short-form segments published on social media platforms. As we know, everyone is looking for those bite-sized digestible content, including Highway Through Hell's official show page on Facebook. Bell Media also launched the CTV Gridlock Fast Channel, which features classic episodes of Highway Through Hell and the entire series of Heavy Rescue 401. It should be noted that Thunderbird is further expanding its presence on Fast Channels through several productions, including Kim's Convenience Season 2 of the pop culture-focused docu-series Celebrity Style Story, as well as Strades with Season 1, recently being picked up by Tubi. In addition, Thunderbird's distribution, Mittens and Pants, is also reaching new audiences on fast channels as well. As well as our other adorable series, which we own, called Boost New. Last month, we announced new sales of Boost New with the series and its little red ball, rolling into nine more territories, including on fast channels like Tubi and Happy Kids, as well as other streamers like Peacock. On a related note, we're thrilled to share that Boost New recently received a coveted Common Sense Selection for Families and SEAL from Common Sense Media, the leading source of entertainment and technology recommendations for families. We're so proud to announce that recently Thunderbird was again included on the Globe and Mail list of Canada's top growing companies with a verified three-year revenue growth of 105%. Following a year of navigating industry headwinds, this recognition is significant and underscores why we believe Standing alone at this point and going forward is our most optimistic option. We're also so proud of the growth that we have achieved and are super excited for all that is to come, which I will share more of later. Again, I can't underscore enough when these media industry headwinds inevitably become tailwinds, no one is better positioned than Thunderbird to soar. With this, I will now pass things on to Simon to go over the numbers.