Hello, everyone. Welcome to FansUnite's Q1 Fiscal 2024 earnings call. My name's Prit Singh, and I will be the moderator for today's call. Before we begin, I would like to go over some legal disclaimers. I will pause here for a minute, so our viewers can read. Okay, so on today's call, we will be covering FansUnite's key Q1 Fiscal 2024 financial and operational highlights. We'll also be hosting a Q&A session at the end of the webinar. If you have any questions during the webinar today, feel free to send them in using the Zoom Q&A function at the bottom of your screen. If you're calling in to listen to the webinar today, please email your questions directly to ir@fansunite.com. Again, that's ir@fansunite.com. We will address these questions at the end of the presentation during the Q&A session. Our presenters today will be the CEO of FansUnite, Scott Burton, and CFO of FansUnite, Graeme Moore. I will now turn the conference over to Graeme Moore, CFO of FansUnite, to discuss the company's Q1 2024 financial results. Thanks, Prit. Just so everyone knows how this will be structured, first, I'm gonna speak to the statement of profit and loss for the period ended March 31, 2024. I will then move to the balance sheet. I just also wanna point out here that all comparative figures that I talk to are from continuing operations, so any business units that have been discontinued in the last year or so are not in any comparative figures when you're looking at 2023. So during the three months ended March 31, 2024, revenue increased to CAD 8.3 million, compared to CAD 7.3 million over the same period last year. This change was primarily a result of the company's ability to capitalize on major sporting events, such as the Super Bowl, which was held in Las Vegas this year, and improved results at the March Madness basketball tournaments, as well as growth realized in our diversified revenue streams. The successful launch of regulated sports betting in North Carolina in March 2024 contributed over $450,000 in revenue for the period. Research revenue grew substantially due to the signing of multiple new recurring research engagements, as well as the delivery of multiple bespoke research reports. The research segment contributed $451,000 to revenue for the three months ended March 31, 2024, compared to $46,000 in 2023. Our cost of revenue of $3.1 million for the quarter, as compared to $2.6 million over the same period in prior year, and our gross margin correspondingly of 63%, compares to 65% in the same period prior year. The launch of new states always comes with investment, something we have seen in the past and is expected. With the success realized with Betting Hero Research during the quarter, the company has turned its attention to other growth opportunities, such as Betting Hero Digital. As a proven leader in live activation, we've made initial investments into growing our digital presence while maintaining gross margins of over 60%, which we do feel is a healthy gross margin on a continuing basis. Our net loss from continuing operations for the quarter was CAD 3.9 million, compared to CAD 4.4 million over the same period in the prior year. The decrease was a direct result of our ability to increase revenue during the quarter, as outlined above, compounded by a reduction in non-cash expenses. During the period, non-cash expenses related to accretion of our contingent consideration decreased to CAD 264,000, compared to CAD 569,000 in prior year. Share-based payments decreased to CAD 195,000, compared to CAD 629,000 in the same period in the prior year. These decreases were offset by a revaluation of contingent consideration of CAD 433,000, due to revised payment expectations, largely correlated to the successful Q1 that we had. General and administrative expenses decreased to CAD 708,000 for the quarter, compared to CAD 832,000 last year. Q1 of last year, we did have some large expenditures that we didn't see on the books this year, such as replacing our tablet fleet that we use in our live activation, partially due to obsolescence, but also we had to buy a few more, as our team is growing, and we're in new states and just doing more. Salaries and wages increased to CAD 2.3 million for the three months ended March 31, 2024, compared to CAD 2.2 million over the same period in the prior year. As American Affiliate experiences growth and enters new markets, the team has needed to grow in order to provide proper oversight for our regional teams. The growth experience in the research segment has also contributed to the hiring of research-specific team members, but as we saw there, we had significant revenue growth that we do feel justifies the additional spend. Okay, for the balance sheet. Total assets decreased to CAD 55.6 million on March 31, 2024, compared to CAD 57.4 million as at December 31, 2023. Our tangible assets were reduced by amortization of CAD 4.9 million for the three months, which was offset by increase in our deferred tax asset of CAD 1.1 million, from CAD 3.7 million, as well as an increase in receivables from CAD 2.1 million to CAD 8.2 million. The increase in receivables, obviously, it's great to have more assets on your books... But I'll get to the cash position in a little second, which obviously has gone down, not by the increase in AR, but we do see this as we exit our company's busiest quarter. A further increase in foreign exchange rates resulted in the increase of CAD 1 million in asset value for the intangibles and goodwill. Our total liabilities increased to CAD 28.2 million as of March 31, 2024, compared to CAD 27.3 million at year-end. The primary driver of our increase in liabilities was deferred and contingent consideration associated with our 2021 purchase of American Affiliate. That increased to CAD 18.2 million, compared to CAD 17.3 million at year-end. This is partially due to a revaluation, unfavorable exchange rate movements, and accretion. Managing the company's liabilities is a key focus for the management team going forward, and we're looking at optimizing our capital structure in order to maximize shareholder value, as well as put the company in a position to capitalize on opportunities as they arise. A further increase is related to the income tax payable, which increased to CAD 241,000 from a receivable position in the prior year. For the three months ended March 31st, 2024, the company's cash position decreased by CAD 846,000 to CAD 1.4 million. The decrease in cash is primarily due to a CAD 248,000 repayment of debt, CAD 69,000 of routine interest paid, and a total of CAD 316,000 in earn-out consideration paid during the period. The decrease in cash was compounded by the movement in non-cash working capital amounts, which contributed to a decrease of CAD 1.6 million in the period, which was primarily driven by what I mentioned earlier, an increase in receivables, which stand at over CAD 8.2 million as of quarter end. Now, that is a big number, but if you look back, the company has historically seen operator payments lag in March as a result of the timing and busy schedule of both March Madness and Super Bowl. So a lot of our clients are super focused on just performance, performance, performance during the quarter, and we sometimes see the payments lag. Those pick right back up in April and May, and I'm, I'm happy to say that a large, large portion of that CAD 8.2 million that was sitting has been received by the company as of today. Our attention, likewise, as a company, is more focused on customer acquisition and revenue in Q1, and operators historically revert back to normal payments, and our team shifts our focus back onto collections early in Q2. So that's all for the financial update on FansUnite. I'll now turn the call over to Scott Burton, our CEO. Thank you, Graeme. I'll talk about the operations. Covered a lot there, so thank you. Starting with Betting Hero, so we saw they had strong results again, another quarter of revenue growth. Revenue for that line of business, the affiliate business, rose to $8.3 million compared to $7.3 million in the first quarter of 2023. Betting Hero continues to be the premier live activation company in North America, growing both the core business, which is the live activation, and then the new units that Graeme's been talking about, mostly around research and now moving to digital. So we saw year-over-year activation growth in the major events, being the Super Bowl and March Madness in the first quarter of the year. And we expect that trend to keep going throughout the rest of 2024, which is, you know, improved performance over the previous year and previous quarters. The first quarter was also helped by the opening of a new state in North Carolina. We got a bump in, and I believe that one opened in March, so we only had it for, for part of the month, one of the months of the quarter. So we'll continue to see new states regulate, come online, and we're positioned to be in market on day one of those launches. Our ability to do that is due to the, you know, the team infrastructure that Betting Hero group has built out, and then the existing relationships we have with the major operators. So we usually have people on the ground prior to an opening, as well as contracts in place, so we have first-mover advantage in that space. So I just wanna say, as always, we're pleased with how that business is going, the core business with Betting Hero and the activation. We're excited by the growth they have. We saw a big growth in the research arm. They continue to sign new contracts with the largest sportsbook in the U.S., and we're starting to see now repeat business, additional business on top of the, you know, the typical standard research reports are doing, but now the bespoke research, so we're being asked to do a lot more project-based stuff for large operators. On the digital side, our digital activation brand Props, significant growth in revenue in the quarter. We continue to focus on the operational efficiency side of that as well, so we saw that moving towards being a cash flow positive unit in the quarter, and we keep looking for additional ways to maximize the value of that brand and the site. So I think the message here is our first quarter results show that all the hard work that we did and have talked about for a number of these calls now is proving effective and moving us in a positive direction. Our focus remains on growing the existing business, both organically and through new diversified units. In addition to growing with existing partners in states we're operating, we'll continue to see the benefits, and it can be quite large benefits, each time a new state regulates and opens up to sports betting. Then as we move towards iGaming or online casinos also opening up in additional states. So aside from the revenue growth and operational efficiency measures, we're focused on the balance sheet. Graeme's talked about it, we talked about it in the year-end call. That just means we're going to be clearing out liabilities such as the debt payable and other creditors. You know, the success of the restructuring efforts we've done allows us to make. Gives us the focus now and supports the ability to use our positive operating cash flow to satisfy obligations, as opposed to needing to look for outside sources of capital to help that. So again, we focused on the revenue and operational side last year for the big part of it, and now we're moving towards cleaning up on the balance sheet and eliminating the debts, and have cash to fund growth as we go forward. So I think that's it for my part. We'll move to the Q&A that Prit will be hosting. Hi. Thanks, guys. As mentioned at the top of the call, if you do have any questions, please do submit them to the Q&A function at the bottom of your screen. Alternatively, if you're calling in today, please email us at ir@fansunite.com. Again, that's ir@fansunite.com. First question: has the final Betr payment been fulfilled? Yeah, I can speak to that. So we sold Chameleon source code on May 7th of last year to Betr. With it came four different milestone payments. Two of them were time-based, two of them were kind of more contingency-based. We have received the two time-based payments now, as well as one of the contingency-based ones. So, what we have left is one contingency payment that is outstanding for CAD 750,000 in cash, and CAD 500,000 more in Betr warrants/shares. Okay, thank you. The next question: Are there any discussions with Hero Research on obtaining contracts with the states of California, Texas, and Georgia before they become legal? Yeah, we, we've done that a few times. So, operators will ask us... We can't speak to the contracts we have in place right now, 'cause most of them are confidential with our partners, but, we do get asked to go into markets pre-launch and do research for groups. It could be, you know, customer surveys or looking for what people are looking for in their apps or if they've seen apps or gone to other states and used apps, which ones they use. So, we can get business prior to a state opening up. Perfect. Is there an update with Hero Hotline and potential launch date? Yeah, there's work going on. It's... Some of the folks just shifted, but yeah, they are doing a lot of additional work right now for partners and looking at the digital side. We don't have- I don't have a specific date on when the, the hotline will go live, but more of the focus right now has been on getting the digital product up to speed. That will allow them to, to support partners online and then move towards more of the, the hotline that they've talked about. Okay, thank you. Can you provide more insight into Props.com's performance in Q1 2024? Yeah. So Props did very well. I think if anyone listened to the last call, we talked quite a bit about it. We again spent a lot of time on the infrastructure, so the things that people don't see, but allowed us to generate, you know, significant revenue from the platform that we put together. So we have a proprietary affiliate platform that can host, you know, as many sites as we want. It's got better advertising tools, so better banner products and things we can do for the partners, and then we moved our focus to some other groups. So we saw growth outside of the sports betting products and a lot in the fantasy sweepstakes space. It was a bit of product getting better and focus on customers changing to a bit of a different market, which proved successful, and we'll keep moving that direction. Okay, perfect. So if anyone has any questions, please do submit them in the Q&A function at the bottom of your screen. Alternatively, you can call in at ir@fansunite.com. Again, that's IR... Sorry, email us at ir@fansunite.com. Just waiting momentarily. Okay, it doesn't look like there's any other questions. If for whatever reason we missed your questions, please do email us at ir@fansunite.com and we can get back to you promptly. Scott, Graeme, thank you for your time, and for our viewers, thank you for listening. There will be a recording of this webinar we can send to everyone. Thanks again.