Robert Samuels
VP of Investor Relations
Replay available
MARA Holdings, Inc. (NASDAQ: MARA) Q1 2025 earnings conference call, held 2025-05-08. Replay captured from the company's public earnings webcast.

VP of Investor Relations
Chairman and Chief Executive Officer
Chief Financial Officer
Analyst at Jones Trading
Watch the replay and follow the connected company analysis, news, and investor updates for Mara Holdings, Inc..
WEBVTT 00:00:00.031 -- 00:00:04.647 we do appreciate your patience please remain on the line your conference will begin shortly 00:00:04.647 -- 00:00:07.189 thank you 00:00:29.157 -- 00:00:31.157 Good 00:00:43.752 -- 00:00:49.097 day, ladies and gentlemen, and welcome to Morrow's Holdings Quarter 1 2025 Earnings 00:00:49.097 -- 00:00:52.761 Call. All lines have been placed on the listen-only mode. 00:00:52.761 -- 00:00:56.445 If you should require assistance throughout the conference, please press star zero on 00:00:56.445 -- 00:00:59.279 your telephone keypad to reach a live operator. 00:00:59.279 -- 00:01:03.787 At this time, it is my pleasure to turn the floor over to your host, Robert Samuels, 00:01:03.787 -- 00:01:08.812 VP of Investor Relations. Sir, the floor is yours. 00:01:08.835 -- 00:01:14.024 Thank you, Operator. Good afternoon, and welcome to Mara's first quarter 2025 earnings 00:01:14.024 -- 00:01:18.992 call. Thank you for joining us today. With me on today's call are our Chairman and Chief 00:01:18.992 -- 00:01:23.630 Executive Officer, Fred Thiel, and our Chief Financial Officer, Salman Khan. 00:01:23.630 -- 00:01:27.877 Today's call includes forward-looking statements, including those about our growth plans, 00:01:27.877 -- 00:01:32.586 liquidity, and financial performance. These involve risks and uncertainties, and actual 00:01:32.586 -- 00:01:37.454 results may differ materially. We disclaim any obligation to update these statements 00:01:37.454 -- 00:01:42.282 except as required by law. For more details, see the Risk Factor section of our latest 00:01:42.282 -- 00:01:47.487 10-K and other SEC filings. We'll also reference non-GAAP financial measures 00:01:47.487 -- 00:01:52.793 like adjusted EBITDA and return on capital employed, which we believe...