Conifex Timber Inc. (CFF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. This is the conference operator. Welcome to the ConFX Timber Inc. Fourth Quarter 2025 Results Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. I would now like to turn the conference over to Ken Shields, CEO. Please go ahead. Yes. Well, thank you, and good morning, everyone, and welcome to this call covering our Q4 and full year 2025 results. I'm Ken Shields, the chairman and CEO of our company, and I'm joined today by our CFO, Trevor Pruden, and our president, Andrew McClellan. let's quickly deal with a housekeeping item. We will be making forward-looking statements and references to non-IFRS measures, and therefore call your attention to the warning statement set out on pages one and two of our management discussion and analysis document dated March 21, 2025 that we released this morning. In our MD&A, we described the support Tender Fund provided us late last year, and early this year, as well as the support the Business Development Bank of Canada more recently provided us. Their combined support enabled us to overcome liquidity challenges following punishing duty and tariff impositions on lumber exports to the U.S. last fall. On our call this morning, we wish to provide you some background on an International Financial Reporting Standards, or IFRS, accounting protocol that resulted in our long-term debt being temporarily reclassified as short-term debt as of December 31, 2025. The reclassification is expected to be reve...