illumin Holdings Inc. (ILLM) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Before we begin the official remarks, I will read the cautionary note regarding forward-looking information. Certain information to be discussed during this call contains forward-looking statements within the meaning of applicable security laws, including, among others, statements concerning the company's objectives, the company's strategy to achieve those objectives, as well as statements with respect to management's beliefs, plans, estimates and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management and is subject to a number of significant risks and uncertainties that could cause actual results to differ materially from those anticipated. please refer to the cautionary statement and the risk factors identified in our filings with CDAR for a more detailed explanation of the inherent risks and uncertainties that could affect such forward-looking statements. Following the presentation, we will conduct a Q&A session. I would now like to turn the conference call over to Simon Cairns, Chief Executive Officer. Thank you, Steve. Welcome everyone and thank you for joining us for today's first quarter 2025 earnings call. I'll begin by reviewing some of the highlights from our quarterly results where we posted 17% revenue growth supported by 148% revenue growth in our recently reinvigorated Exchange Services line. I'll also discuss our improving marketing and sales initiatives. As our quarter started slower than we targeted, we adjusted our marketing and selling tactics on a week-to-week basis, and by the time we exited th...