Ibotta, Inc. (IBTA) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.918 Good afternoon, and welcome to Ibotta's Q1 2025 earnings conference call. 00:00:05.918 -- 00:00:11.926 With us today are Brian Leach, founder and CEO, and Valerie Shepherd, interim CFO. 00:00:11.926 -- 00:00:16.091 Today's press release and this call may contain forward-looking statements. 00:00:16.091 -- 00:00:19.835 Forward-looking statements include statements about our future operating results, our 00:00:19.835 -- 00:00:22.559 guidance for Q2 2025, 00:00:22.559 -- 00:00:27.605 our ability to grow our revenue, factors contributing to our potential revenue growth, 00:00:27.605 -- 00:00:32.913 our ability to support additional scale, and the capabilities of our offerings and technology, 00:00:32.913 -- 00:00:37.859 all of which are subject to inherent risks, uncertainties, and changes. 00:00:37.859 -- 00:00:42.025 These statements reflect our current expectations and are based on the information currently 00:00:42.025 -- 00:00:46.420 available to us, and our actual results could differ materially. 00:00:46.420 -- 00:00:51.285 For more information, please refer to the risk factors in our recent SEC filings. 00:00:51.285 -- 00:00:56.030 In addition, our discussion today will include references to certain supplemental non-GAAP 00:00:56.030 -- 00:01:00.936 financial measures and should be considered in addition to and not as a substitute for 00:01:00.936 -- 00:01:05.701 our GAAP results. Reconciliations to the most comparable GAAP measures are available 00:01:05.701 -- 00:01:10.926 in today's earnings press release and our 10-Q, which are available on our investor relations 00:01:10.926 -- 00:01:13.647 website at investors.ibata.com. 00:01:14.230 -- 00:01:18.881 Also during the call today, we'll be referring to the slide deck posted o...