Lightspeed Commerce Inc (NYSE:LSPD) Q1 2025 Results Conference Call August 1, 2024 8:00 AM ET

Company Participants

Gus Papageorgiou - Head of Investor Relations
Dax Dasilva - Founder, CEO & Director
Asha Bakshani - Chief Financial Officer
Jean-David Saint-Martin - President

Conference Call Participants

Dan Perlin - RBC
Andrew Bauch - Wells Fargo
Thanos Moschopoulos - BMO Capital Markets
Timothy Chiodo - UBS
Dominic Ball - Redburn Atlantic
Trevor Williams - Jefferies
James Burns - National Bank
Josh Baer - Morgan Stanley
Todd Coupland - CIBC
Suthan Sukumar - Stifel

Operator

Thank you for standing by. My name is Ian, and I will be your conference operator today. At this time, I'd like to welcome everyone to the Lightspeed First Quarter 2025 Earnings Call. 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. [Operator Instructions]

I will now hand things over to Gus Papageorgiou, Head of Investor Relations. You may begin your conference.

Gus Papageorgiou

Thank you, operator, and good morning, everyone, to Lightspeed's Fiscal Q1 2025 conference call. Joining me today are Dax Dasilva, Lightspeed's Founder and CEO; Asha Bakshani, our CFO; and JD Saint-Martin, our President. After prepared remarks from Dax and Asha, we will open it up for your questions.

We will make forward-looking statements on our call today that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Certain

material factors and assumptions were applied in respect to conclusions, forecasts and projections contained in these statements. We undertake no obligation to update these statements, except as required by law. You should carefully review these factors, assumptions, risks and uncertainties in our earnings press release issued today, our first quarter 2025 results presentation available on our website as well as in our filings with U.S. and Canadian securities regulators.

Also, our commentary today will include adjusted financial measures, which are non-IFRS measures and ratios. These should be considered as a supplement to and not a substitute for IFRS financial measures. Reconciliations between the 2 will be found in our earnings press release, which is available on our website, on SEDAR+ and on the SEC's EDGAR system.

And finally, note that because we report in U.S. dollars, all amounts discussed today are in U.S. dollars unless otherwise indicated.

Before I hand the call over to Dax, I just want to remind everyone that we will be hosting our Capital Markets Day the morning of Wednesday, November 20, at the New York Stock Exchange. Please mark your calendars and more details will follow.