The Tel-Aviv Stock Exchange Ltd. (TVAVF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. Welcome to the Tel Aviv Stock Exchange fourth quarter and full year 2025 results conference call. All participants are at present in a listen-only mode. Following management's presentation, instruction will be given for the question and answer session. For operator assistance during the conference, please press star zero. As a reminder, this conference is being recorded March 5th, 2026. The recording will be publicly available on TAFE's website. With us online today are Mr. Itay Ben-Zaev, CEO, and Mr. Yehuda Ben-Ezra, CFO. Before I turn the call over to Mr. Itay Ben-Zaev, I would like to remind everyone that this conference is not a substitute for reviewing the company's annual financial statements. quarterly financial statement, and interim report for the fourth quarter and full year of 2025, in which full and precise information is presented and may contain inter alia forward-looking statements in accordance to section 32A, the securities law, 1968. In addition to IFRS reporting, we might mention certain financial measures that do not conform to generally accepted accounting principles. Such non-GAAP measures are not intended in any manner to serve as substitute for our financial results. However, we believe that they provide additional insight for better understanding of our business performance. Reconciliations between these non-GAAP measures and most comparable related GAAP measures are included in tables that can be found in our earnings press release and in the slide presentation accompanying this call. Both can be accessed on the English Maya site and in the investor relations portion of our website at ir.taste.co.il. Mr. Benzev, would you like to begin? Good evening Israel Time everyone and thank you for joini...