First Capital, Inc. (FCAP) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone, and thank you for joining for today's first Capital REITs Q3 2025 results webcast and conference call. As a reminder, all phone participants have been placed in a listen-only mode to reduce background noise, and later you will have the opportunity to ask questions using the star and one on your telephone keypad to signal us. Also, a reminder, today's session is being recorded, and it's my pleasure to turn the floor over for opening remarks and introductions to Mr. Neil Downey. Please go ahead, sir. Thank you, Jim, and good afternoon, everyone. In discussing our financial and operating performance and in responding to your questions during today's call, we may make forward-looking statements. These statements are based on our current estimates and assumptions, many of which are beyond our control and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements. A summary of these underlying assumptions, risks, and uncertainties is contained in our securities filings, including our Q3 MD&A, our MD&A for the year ended December 31, 2024, and our current AIF, which are available on CDAR Plus, and our website. These forward-looking statements are made as of today's date, and except as required by securities law, we undertake no obligation to publicly update or revise any such statements. During today's call, we will also be referencing certain non-IFRS financial measures. These do not have standardized meanings prescribed by IFRS and should not be construed as alternatives to net income or cash flow from operating activities determined in accordance with IFRS. Management provides these as a complement to IFRS measures and to aid in assessing the REIT's perfor...