Vintage Wine Estates, Inc. (NASDAQ:VWE) Q4 2023 Earnings Conference Call October 16, 2023 9:00 AM ET
Company Participants
Deborah Pawlowski - IR
Jon Moramarco - Interim CEO
Kris Johnston - CFO
Conference Call Participants
Operator
Good morning, and welcome to the Vintage Wine Estates Fourth Quarter and Fiscal Year 2023 Financial Results Call. My name is Carla and I will be your operator for today's call. [Operator Instructions]
I would now like to pass the conference over to our host Deborah Pawlowski, Investor Relations of Vintage Wine Estates to begin. Deborah, please go ahead when you’re ready.
Deborah Pawlowski
Thank you, Carla, and good morning, everyone. We certainly appreciate your time today and your interest in Vintage Wine Estates.
On the call with me are Jon Moramarco, our Interim CEO, and Kris Johnston, our CFO.
You should have a copy of our earnings release that went out after market close on Friday and there is a slide deck that will accompany our conversation today that was distributed via email and posted this morning on our website. If you do not have those materials, you can find them at ir.vintagewineestates.com.
Following the market close on Friday, in addition to the release on financial results for the fourth quarter and fiscal year 2023, we also issued a press release announcing that we had closed an amendment to our lending agreement. The amendment can be found in the 8-K that was filed on Friday as well.
In addition, we filed our restated interim period 10-Qs for fiscal 2023, as well as the fiscal 2023 10-K. We recognize that it's unusual to file this kind of information on a Friday aftermarket, so let me give you some background.
Our extended SEC filing deadline was last Friday, and there were several dependencies that needed to be achieved in order to meet that deadline. The 10-K, which also includes immaterial revisions to numbers for fiscal 2022 was dependent upon the restatement of the three quarters and the related changes for 2022's quarters. And the amended credit agreement was dependent upon the final financials. Given that, we did not want to miss the filing deadline. Kris's team and all of our partners, including our auditors, tax accountants, BMO, who is the administrator of our lending agreement, and the nine other lenders in our loan syndicate, as well as our legal advisors, worked tirelessly to make the Friday deadline.