Craig Armitage
Host, Investor Relations
Replay available
D2L Inc. (TSX: DTOL) Q1 2026 earnings conference call, held 2025-06-11. Replay captured from the company's public earnings webcast.

Host, Investor Relations
Chief Executive Officer
Chief Financial Officer
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Analyst, CIBC
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Analyst, BMO Capital Markets
Analyst, National Bank
Analyst, Raymond James
Good morning and thank you all for attending today's D2L Inc Q1 fiscal financial results conference call. My name is Brica and I will be your moderator for today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If you would like to ask a question, press star one on your telephone keypad. This morning's call is being recorded on June 11th, 2025 at 8.30 a.m. Eastern Time. I would now like to pass the conference over to your host, Craig Armitage. Thank you. You may proceed. Thank you and good morning, everyone. Listeners are reminded that portions of today's discussion will include statements that contain forward-looking information. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from a conclusion, forecast, and projection in the forward-looking information. Further, certain material factors or assumptions were applied in drawing a conclusion or making a forward forecast or projection as reflected in the forward-looking information. For identification and discussion of such risks, uncertainties, factors, and assumptions, as well as further information concerning forward-looking statements, please refer to the company's annual and interim management's discussion and analysis and the most recently filed annual information form. And each case is filed under the company's profile in CDAR Plus at www.cdarplus.com. In addition, during this call, reference will be made to various non-IFRS financial measures, including constant currency revenue, adjusted EBITDA, adjusted EBITDA margin, adjusted gross margin, and free cash flow. These non-IFRS measures do not have a standardized meaning prescribed by IFRS, They may not be comparable to si...