Good morning, everyone. My name is Sacha Laing, CEO of Adore Beauty Group, and I'm joined today by our CFO, Stephanie Carroll. Thank you for joining us today as we present Adore Beauty 's results for the 2025 financial year. It's been a transformative year for the group, with initiatives under our new mid-term strategy delivering significant uplift in profitability and performance. Record EBIT and profit margins were driven by improved quality of earnings, operational efficiencies, and growing owned brands. Our 2025 result highlights include a record EBITDA of $8.1 million, up more than 67% over the previous year, at a margin of 4.1%. This was in line with our market guidance. Record EBIT of $4 million was a 74.8% increase on the prior year, with margin also in line with guidance. Gross margins of 35.3% was a financial year record, reflecting margin of creative initiatives and operational efficiencies. Revenue of $198.8 million was at 1.6% compared to the prior year. Turning to our key achievements on slide three. In FY 2025, we built a stronger, more profitable business while continuing to offer exceptional value to our customers. Annual highlights include delivering gross margin increases of 190 basis points, record profitability with EBITDA and EBIT margins up 160 and 180 basis points, respectively. We've significantly enhanced our online customer experience with advanced AI personalization and faster site speed. Our newly launched spend-and-save loyalty program, Adore Rewards, has already had more than 440,000 active members, encouraging higher, more frequent orders. Sixty new brands were added to our range, including Biodance, Gucci Beauty, MCo, and Prada Beauty, and we have a strong new brand pipeline for the year ahead. Importantly, in FY 2025, we diversified our operating model, opening four retail stores across the Adore Beauty and iKOU brands. A further three stores opened in early FY 2026, and we have an additional four under construction and opening before the end of the calendar year. High-margin stores support revenue, customer, and margin growth. Slide four demonstrates the impact of our improved quality on group profitability metrics. Our strong profit uplift reflects the growth of our own brands and retail media, combined with disciplined cost management and working capital efficiencies. Inventory turnover was key in our working capital efficiencies, improving 13% over the prior period without impacting stock availability. EBITDA and EBIT margins were in line with guidance, and I'll provide improved guidance for FY 2026 this morning. Notably, this momentum ensures we are on track to exceed our FY 2027 EBIT margin target of 5% of revenue. On slide five, Adore Beauty's leading online experience and engaging content is a key driver to customer loyalty. As shown on slide five, improving quality of earnings has lifted the quality of our active customer base, increasing 2.6% over the prior year's 837,000 active members. We also expanded our contactable database to over 1.3 million members, up 20.4% on last year. Our large and growing contactable database provides a material opportunity to cost-effectively grow active customers, supporting our FY 2027 target of more than 1.25 million active customers. In parallel, loyalty initiatives such as our new Adore Rewards program, increased mobile app adoption, subscription service, and enhanced online personalization all support retention, order frequency, and basket size over the year ahead. Adore Beauty's target and acquisition strategy is focused on profitable new customer growth. As shown on slide six, in the second half of the year, we delivered material improvements in marketing efficiency, growing new customers while significantly reducing marketing spend. Our refined acquisition strategy saw new customers return to growth in the second half of the year, up 4.9% on the corresponding period. We delivered this growth while reducing the cost of new customer acquisition down $15 per new customer over the prior year to $59. We expect marketing efficiencies to drive further improvement, and FY 2026 will benefit from the full impact, the full year impact of our refined customer acquisition strategies and longer-term improved brand awareness that in-store customer acquisition will complement online efficiencies. I'll now hand over to Stephanie to take you through the financials. Thank you, Sacha. In challenging retail conditions, Adore Beauty Group made significant progress towards its mid-term profitability targets. The early impacts of our refresh strategy delivered record EBITDA and gross profit margins, underpinned by strong growth from margin accretive owned brands and retail media, as well as disciplined promotional activity, improved inventory stock turn, and cost management. We also delivered significant growth in operating EBITDA, up 46.4% to $7.9 million at a margin of 4%. As Sacha mentioned earlier, data-driven customer acquisition strategies and refined promotional cadence have improved our marketing efficiency. Marketing as a percentage of sales reduced 1.3 percentage points over the prior corresponding period to 12%. We are continuing to invest in growth levers, including platform enhancements, omnichannel capability, and capital outlay for our retail network. Turning to our balance sheet, the group remains well-funded on a closing cash balance of $12.7 million as at June 30th, 2025 and no debts. Our strong financial position and positive cash flow support our strategic investments, including platform upgrades and new retail stores. During the year, our balance sheet funded the $20 million upfront consideration for iKOU. Importantly, improved inventory turnover has delivered more than $3 million in working capital efficiencies while meeting product availability benchmarks. I'm happy to take questions at the end of the presentation, but for now, I'll hand back to Sacha. Thanks, Steph. As shown on slide 11, we've made significant progress against our three-year plan as we undergo a transformation into an omnichannel beauty platform. We've opened five Adore Beauty stores this calendar year across Victoria, Western Australia, and New South Wales to grow market share, to grow revenues, grow new customers, and secure. We now have secured a strong pipeline of new stores through until late 2026. We grew iKOU sales across all channels, benefiting from increased brand awareness and retail availability, with two new retail stores opening, our first in Victoria. We've delivered gross margin expansion, underpinned by strong growth from margin accretive retail media and optimized inventory management. Improved marketing efficiency enabled us to profitably grow our active customer base as we launched a new loyalty program to support engagement and retention. Operational efficiencies delivered cost of doing business efficiencies across both our core and new channels, and we invested in our core business, enhancing AI personalization capability and site infrastructure. Moving to slide 12. Key to material sales, customer, and profit growth is diversifying into an omnichannel model. A national store footprint materially broadens our addressable market, increases share of wallet, and improved our margin profile. We've opened five Adore Beauty stores this calendar year so far, including our first in Sydney just last week. Our stores are setting a new omnichannel standard, blending the best of our digital DNA with the benefits of in-store product integration, personalized experience, and personal advice from our beauty experts. While early days, our retail stores are collectively exceeding our expectations across all metrics and are supporting our core online business through increased brand awareness and new customer acquisition. New customers represent almost one-third of all in-store transactions, while our existing customers are using our stores to try new brands and products. 78% of existing customers that have shopped in one of our new stores have purchased a brand that they hadn't previously shopped online. Revenue is more than 5% ahead of our targets, and gross margins are nine basis points higher than our core business. In-store conversion is also tracking well, and it's almost three times higher than our online channel. Moving to slide 13. The integration of iKOU within the Adore Beauty Group has been transformative for the brand. Post an integration period in half one FY 2025, slide 13 highlights iKOU's significant momentum in the second half of the year as our existing infrastructure and capability drive growth and efficiencies. iKOU delivered solid revenue growth across all channels in FY 2025, benefiting from improved brand awareness, greater product availability, with more than 100 SKUs now available through the Adore Beauty platform. We also launched the brand on The Iconic as a marketplace partner in early March. We are also investing in expanding iKOU's retail network beyond New South Wales, opening a flagship store in the Melbourne CBD, with another under development right now in the Victorian seaside town of Sorrento. Our new store in Berry in regional New South Wales includes our first in-house spa treatment facility, enabling us to capture a greater share of wallet. iKOU's footprint will continue to grow in FY 2026, with a further 2 stores-3 stores planned in the second half of the year. We are leveraging our group's shared service to realize efficiencies for the iKOU business, such as moving our online fulfillment to Adore's customer fulfillment center in Melbourne. We've recently onboarded a new Managing Director to provide a dedicated leadership focus for this team. Our own portfolio of brands, which now also includes Physiology and AB Lab, is expected to account for more than 6% of group revenue in FY 2026 and more than 8% in FY 2027. Moving to slide 14. Whilst our new growth levers have made strong progress, continuing to grow our online business remains core and a priority for us all. Our investment in our online infrastructure, including AI personalization, improved customer experience, all delivered a 7.8% increase in site conversion through the FY 2025 year. We've replatformed our tech stack, materially improving our site speed, with the time it takes the largest visible element of a page to load now best in class at just over one second. Stay tuned for a full platform refresh later this year. Turning to our disciplined cost management on slide 15. Over the year, we looked at every line of cost in our business to realize efficiencies, in particular across marketing, inventory, and operations. As I mentioned earlier, we delivered a significant improvement in marketing efficiency in half two, benefiting from the in-housing of our digital agency and the refinement of our promotional cadence. Optimized inventory management created $3.1 million of improved working capital while maintaining our in-stock benchmarks. Operationally, we rationalized our technology infrastructure partners. We integrated iKOU's direct to consumer fulfillment into our group operations. We were awarded a three-year shop fit partner. Efficiency improvements will continue in FY 2026 with a new group freight provider to deliver material cost savings from October onwards. Onto our outlook in slides on slide 17. Our FY 2025 performance has demonstrated the early impacts of our multi-growth levers, and we expect a material step change over the coming year as our initiatives really start to take pace. We've had a strong start to the year with trading for the first seven weeks up 9% on the corresponding period from last year. In FY 2026, we are targeting group EBITDA margins of 5% - 6% and group EBIT margins of 2.5% - 3.5%. Profitability improvements will be driven by strong revenue growth, increased revenue contribution from owned brands, growth in retail media, a refined promotional cadence, and disciplined inventory management. Our retail network will, of course, continue to expand with 12 - 14 new stores across Adore Beauty and iKOU planned in FY 2026. We will, in fact, have 15 stores trading across both brands by the end of this FY, sorry, by the end of this 2025 calendar year. We're on track to deliver a national footprint of more than 25 stores by 2027. Slide 18 shows the expected channel growth and channel profile growth of our FY 2026 revenue, importantly showing growth across our core online business and our retail network and owned brand iKOU. All channels are contributing to our growth targets for FY 2026. On slide 19, finally, Adore Group is executing on a clear mid-term strategy to materially grow our business. We are on track to achieve our five targets by the end of FY 2027. To reaffirm, these are total group revenue of more than $260 million, representing a 30% growth on FY 2024, gross margin expansion of more than 200 basis points, and cost efficiencies to deliver 150 basis points improvement in CODD, an EBITDA margin target of over 8% and an EBIT margin target of over 5%. Our own brands, a target is to achieve more than 8% of total product revenue, driving importantly margin improvement. We're targeting more than 1.25 million active customers by the end of FY 2027. As we enter FY 2026 with good trading momentum, we are well progressed in executing our strategic initiatives. I look forward to updating you on our progress at the half year end and I'll hand back to our operator to open the call for any questions. Thank you. If you wish to ask a question via the phones, you will need to press the star key followed by the number one on your telephone keypad. If you wish to ask a question via the webcast, please type your question into the ask a question box. We will pause for a moment to allow questioners to enter the queue. Once again, if you wish to ask a question via the phones, please press star one on your telephone keypad. If you wish to ask a question via the webcast, please type your question into the ask a question box. We will pause for a moment to allow any questioners to enter the queues. As we are showing no questions, I'll now hand back to Sacha Laing for closing remarks. Thank you very much. Thank you all for your time this morning. I would like to take the opportunity to thank the Adore Beauty team. A number of you are on this call today. We've undergone a significant transformation of our business this year, and I'm very appreciative of the support and the way in which all of you have embraced the change. Looking forward to a fantastic 2026, and thank everybody for their time this morning. That does conclude our call for today. Thank you for attending. You may now disconnect.