Good morning, ladies and gentlemen, and welcome to the EZCORP third quarter fiscal 2023 earnings call. At this time, all participants are in listen-only mode. Later, we will conduct a question and answer session, and instructions will follow at that time. As a reminder, this call may be recorded. I would now like to turn the conference over to Jeff Elliott, Investor Relations with Three Part Advisors. Please go ahead, Jeff. Thank you, and good morning, everyone. During our prepared remarks, we will be referring to slides which are available for viewing or download from our website, investors.ezcorp.com. Before we begin, I'd like to remind everyone that this conference call, as well as the presentation slides, contains certain forward-looking statements regarding the company's expected operating and financial performance for future periods. These statements are based on the company's current expectations. Actual results for future periods may differ materially from those expressed due to a number of risks or other factors that are discussed in our annual, quarterly, and other reports filed with the Securities and Exchange Commission. As noted in our presentation materials, and unless otherwise identified, results are presented on an adjusted basis to remove the effect of foreign currency fluctuations and other discrete items. Joining us on the call today are EZCORP's Chief Executive Officer, Lachie Given, and Tim Jugmans, Chief Financial Officer. I'd now like to turn the call over to Lachie Given. Lachie? Thanks, Tim, and good morning, everyone. Our team's persistent pursuit of operational excellence in executing our current three-year plan has again yielded strong financial results for our stakeholders. Pawn loans outstanding hit a new all-time record of $223.8 million, up 10% for the quarter and 7% on a same-store basis. Merchandise sales were up 12% for the quarter, 7% on a same-store basis. Total Q3 revenue hit a record $249.5 million, driven by higher PSC and sales volumes across all of our regions. Merchandise sales growth margins remained within our targeted range at 36%, with strong inventory turns at 2.8 times. Aged GM inventory was 1.6% of total GM inventory for the quarter, showing an improvement of 60 basis points over Q2. Beginning on slide three, we are a global leader in pawnbroking and pre-owned and recycled retail. We operate 1,212 stores in the U.S. and Latin America, having added another 13 stores this quarter. The macroeconomic environment continues to be a challenge for our customer base as consumers seek cash to satisfy their short-term needs, as well as value for money secondhand products, which also represent a more environmentally responsible way to shop. We strive to provide the best, most convenient experience for our consumers through continuous innovation while positively impacting the environment and the communities in which we serve. Moving on to slide four. Our engaged team drives our success. We are committed to investing in recruitment, retention, and incentivization to ensure our team members are engaged. We promote financial inclusion for underserved communities with our buy, sell, and pawn offerings, providing customers instant cash for any item of value. We provide outstanding customer service, an attractive and well-positioned store footprint, differentiated digital platform, proprietary POS system, and an innovative loyalty program for our customers. We have a very strong and liquid balance sheet, enabling us to fund significant growth in our earning assets, the build-out of new de novo stores, opportunistic acquisitions from what continues to be a robust pipeline, and our share repurchase program. Slide five shows our progression on our three year strategic goals. We believe that we've got the most passionate, productive, tenured, and committed team in the industry, and we continue to find ways to engage, motivate, and retain them. The results of our efforts are evident in the annual company-wide engagement survey that serves as a scorecard of how our culture is transforming. With a record participation of over 90% of our 7,400 team members this year, we scored 84 points, a 3-point jump from last year and nine points above the global benchmarks, including being 10 points above the retail industry and nine points above the financial services industry. The implementation of the Workday ERP across HR and finance this quarter will further improve systems and processes, driving greater efficiencies for our team members and the organization as a whole. Our points-based loyalty program has been extremely well-received and has grown to 3.3 million customers, up 14% sequentially. We strive to increase engagement with personalized marketing campaigns and communications to deliver better customer experience and drive business growth. Turning to our key financial themes for Q3 on slide six. The most significant driver of revenue and earnings, PLO, hit an all-time high of $223.8 million, up 10%, with an associated 14% increase in PSC. Merchandise sales were up 12%, resulting in total revenue for the quarter of $249.5 million, up 16%, which was a record for Q3. Adjusted EBITDA was $27 million for the quarter, up 8%. Inventory turnover remained strong, with aged inventory increasing slightly year-over-year, but improved sequentially by 60 basis points. Cash on the balance sheet came down slightly on a sequential basis, primarily due to increases in PLO and inventory. On slide seven, EBITDA margin was 12% for the last 12 months, ending June 2023, versus 13% in the last 12 months, ending June 2022. As discussed last quarter, the EBITDA margin, as expected, has recently decreased due to the inflationary impact on our expenses. On slide eight, we talk about strengthening the core operations, investing in people and technology in order to drive earnings. In LATAM, we launched a new intranet that provides enhanced access to information and communications that is driving increased efficiencies. Last quarter, we said that we were focused on better execution in LATAM and bringing down aged inventory to get closer to US levels, and we are pleased with our progress on that front. We've also launched a reimagined US philanthropic strategy to align better with our pillars of people, pawn, and passion. Investing in both our people and technology, we've engaged Workday to provide an enterprise cloud application for our team members with an enhanced toolkit to help build a modern employee experience. We continue to upgrade pricing, POS, and e-commerce capabilities to drive faster transaction times and deliver better customer experience. On slide nine, innovation and growth is our third strategic pillar. Our EZ+ loyalty program has over 3.3 million customers enrolled, versus over 2.9 million last quarter, showing a sequential increase of 14%. We launched personalized marketing campaigns to notify members of their points and reward status to encourage further engagement. In the US, we collected $14.6 million in online payments versus $12.7 million last quarter, showing a 15% increase. Online extensions in the U.S. grew 4% sequentially and now comprise 29% of total extensions, giving our store staff significantly more time to serve customers in stores. Improving the customer experience and growing the customer base remain key to our strategy. We increased global transacting customers, U.S. visits to pawn websites through daily visits to buy online, pick up in-store test websites, U.S. online extensions, and U.S. online layaway payments. We opened 12 de novo stores in Latin America, with five in Mexico and seven in Guatemala. In the Las Vegas area, we opened one luxury de novo Max Pawn store. Slide 10 outlines our ESG highlights for the fiscal third quarter. We are a neighborhood recycler and a compelling component of the local circular economy and have resold over 1.4 million pre-owned items in the quarter, including toxic consumer electronics such as computers, TVs, and phones, as well as tools, musical instruments, household goods, and jewelry. Importantly, we provide an essential, simple, regulated, and transparent financial resource for those who are underserved by traditional sources. Diversity and inclusion are a significant focus and have introduced our fifth affinity group, HOLA, the Hispanic Organization for Leadership Advocacy in the U.S. We have revamped the mission of the EZCORP Foundation in the U.S. and have launched local giving strategies aimed at improving the quality of life in the communities where we live and operate, through supporting financial literacy, food security, and financial stability. I would now like to turn the call over to Tim Jugmans, our Chief Financial Officer, to provide more details on our financial results. Tim? Thanks, Lachie. Slide 11 details our consolidated financial results for the third quarter. PLO ended the period at $223.8 million, up 10% on a year-over-year basis, 7% on a same-store basis, which is the highest in EZCORP history. PSC revenue was up 14% over last year, with growth driven by both increased same store PLO growth and acquisitions. Merchandise sales was up 12% to $143.8 million, our highest third quarter sales results. Merchandise sales gross profit was up 7% due to increased sales, offset by a 200 basis point margin decrease. Inventory turnover is strong at 2.8 times. Aged GM inventory was 1.6%, which is a 60 basis point improvement over the second quarter. We have been successful working on improvements in U.S. and LATAM to drive this Aged GM lower. It was another solid quarter with consolidated EBITDA of $27 million, up 8%. Turning to our U.S. pawn operations on slide 12, PLO rose 12%, driving PSC up 16% year-over-year, primarily driven by high average PLO growth. On the retail side of the business, merchandise sales were up 9%, with merchandise sales gross profit up 3%, with an expected 200 basis point drop in sales margin. Store expenses increased by 14%, primarily due to labor in line with store activity, higher store count, and to a lesser extent, expenses related to our loyalty program. U.S. Pawn EBITDA for the quarter was $34.8 million, up 8% on the prior year due to higher PSC, partially offset by increased expenses. Slide 13 focuses on our Latin American pawn operations. Segment PLO grew 1% for the quarter, down 2% on a same-store basis, primarily due to increased pay downs during the quarter. Last year, there was a change in Mexican law, which increased the profit share to be paid by companies to employees by May 30, which led to this pay down. PSC was up 10% due to high average PLO and PLO yields. Merchandise sales were up 21%, 15% on the same store basis. Merchandise sales gross profit was up 23% due to increased sales and margins up 100 basis points. Store expenses were up 14% and 9% on the same store basis, mainly due to rent increases linked to inflation and higher store count. Inventory turnover remains strong at 3.4 times, with AGM at 2.4%, showing an 80 basis point improvement over Q2 due to improving execution in Latin America. For the third quarter, Latin American Pawn EBITDA improved by 10% to $8.6 million, primarily due to higher gross profit, partially offset by increased expenses. Looking forward on a consolidated basis, we should see PLO levels continue to hit record numbers as we build to the end of the financial year. This also means that PSC will also grow year-over-year as well as sequentially. As communicated in prior quarters, we are likely to continue to see gross margin remain at the lower end of our targeted range of 35%-38%, as we remain focused on strong inventory turns and limited aged general merchandise. As we've seen this quarter, store expenses have increased and will do so on sequential basis, and inflationary pressures continue to affect the business. We also expect G&A expenses to increase sequentially for the same reason. Our focus on growing PLO, selling what we own, and investing in technology to gain efficiencies and enhance customer service continues to drive our improving financial results. I will now turn it over to Lachie for a few closing comments. Thanks, Tim. In closing, I want to thank our EZCORP team for yet another outstanding quarter. We are consistently delivering strong operating and financial results for our stakeholders. Our balance sheet is robust. We grew PLO to the highest level in our history and opened 13 exciting new stores this quarter. We continue to invest in our team and technology while buying back shares. We are committed to improving the experience of our employees and our customers in an environmentally responsible way. Our three year plan and the people who have executed it have produced a very significant financial and operating turnaround for our company. We are very much looking forward to producing even better results for our shareholders over the next three years and beyond. With that, we will open the call for questions. Operator? Thank you. If you would like to ask a question, you may do so by pressing star followed by one on your telephone keypad. To revoke your question, press star followed by two. When preparing for your question, please ensure your phone is unmuted locally. Our first question is from Brian McNamara, from Canaccord Genuity. Your line is now open. Please go ahead. Hey, good morning, guys. Congrats on the, the strong results. A couple for me. First off, I guess in July, the Google search trends for pawn shop near me apparently reached a record high. I'm curious what you're seeing in your stores. I mean, presumably, if you're searching for pawn shop near me, you're not a pawn shop regular per se. Are you guys seeing, you know, new customers and, and, and any color on kind of what would be driving new customers into your stores, whether it be financial difficulty, inflation, or life would be really helpful? Thanks. Thanks. Thanks, Brian. Look, the website activity that we saw as, as we've had in the, put in the announcement, even up until July, has been very, very strong. We've, we've invested in this digital piece now for the last couple of years, and we're really seeing very, very strong trends of customers trying to find us online. In the stores themselves, you know, this macroeconomic environment continues to be tough on our customers, so we're absolutely seeing growth in customers, both in the stores and online. Look, I think all of the trends that we've spoken about in recent quarters continue, and as you can see from our quarterly results here, the numbers are showing some significant momentum. As you think about PLO, obviously, you've guided to, you know, continue to reach kind of record highs. I think your PLO, the inventory ratio, is at 1.5, kind of the high end of your 1.2-1.5 kind of targeted range. Should we expect that, that target range to move higher, or we're kind of at max out there? Any color on kind of where you see PLO, PLO shaping out and obviously as we go into your next fiscal year? Tim, you want to deal with that one? Yeah. We, we say that we wanna continue there's gonna be continued growth in the PLO balance. The demand is still strong. You know, we're talking about hitting record PLO numbers at the end of Q4 as well. We expect demand, unless something strange happens in the economy, we expect it to continue to grow. Answer the question on the ratio, inventory to PLO? On the ratio, yeah, we, we do expect it to stay. It, it will move around a little bit, depending on the seasonality, but we do expect it to stay in that, around that, you know, 1.3 to 1.5 times range. As, you know, there's definitely different selling quarters, like, the Q1 and Q2 are definitely gonna show that we're gonna sell a lot more inventory in those quarters than in, in Q3 and Q4. Like, there's clearly seasonality in your business. Is that kind of gone out the window this year? Are you- can it, can it continue to kind of sequentially improve that impressive, impressive number? Is the expectation that you kind of settle in some more seasonality next year for PLO? I mean, the, the big thing that happened this year was the PLO, the, the, you know, the lack of pay down in tax season, and, you know, I think you read all lending companies all saw the same thing. It wasn't just us. Look, that, that is a big swing factor in seasonality. I would expect it's gonna get a little closer to normal, but, you know, various commentators are saying different things about what they, what they're gonna see for next tax season. I think that's the big one. Yeah, I think generally, you know, this is a seasonal business, and we'll, we'll probably rotate back into that rather than, you know, continuing with unusual years. Great. Thanks, guys. Best of luck. Thanks, Brian. Thanks, Brian. Our next question comes from Brian Nagel from Oppenheimer. Your line is now open. Please go ahead. Hi, this is Andrew Chasen on the phone for Brian Nagel. Thanks for taking our question. I just wanted to start with merchandising margins. Can you discuss a little bit further, I know you said in your prepared remarks, but can you discuss a little bit further the puts and takes in the quarter that drove the margin closer to the lower end of the 35%-38% range? Just again, just as a little bit of a follow-up, do you expect these pressures to remain at these Q2 levels over the next several quarters? Are there other external factors that we should be considering that might push margins below that 35% boundary? Look, I think Tim, Tim will answer the specifics on the puts and calls, but I think, you know, it's important for everyone to note here that we run a business that starts at the loan counter, but flushing of inventory is critical to what we do, and margin falls out of that. I think the macroeconomic environment continues to be difficult, so I think we're just wanting to make sure that we are flushing inventory as quickly as we can, and that naturally puts pressure on margin. Look, I think we're pretty happy with terms, and that is very helpful in driving further loan balance increases. Tim, why don't you, why don't you answer the piece on any puts and takes in margin this quarter? Sure. I think it's important to look at the margin on also a sequential basis here. We've continued to see the margin come down year-over-year, every single quarter. The negotiation at the counter has definitely increased as we've had more inventory in the store, and so the customer has more choice, and the customer also has less money than they used to. A combination of those factors are putting a little bit more pressure on the margin. You also see that on a sequential basis, aged general merchandise is also coming down, so that is a key factor of ensuring whether or not our inventory is healthy. Making sure that we continue to have a healthy inventory balance does affect, it does put some pressure on margin. On your question on, can it, you know, is it, you know, what would make it go below that range? I think the, the big, the big things that would do that is if the economy got significantly worse and put significant pressure on our customers. I think that then we would want to ensure that there's even better pricing in our stores to really encourage consumers to purchase our goods, which will put a little bit of pressure. Overall, what we are trying to do here is we have the flex to make the money on either the PSC or the gross sales gross margin, and we flex those depending on where our customer is, to ensure that we're maximizing our gross profit line at all times. That is the aim, and the fact that we have very short-term loans allows us to make changes very quickly as the economy changes. Thank you very much. No worries. Thanks, Brian. As a reminder, if you would like to ask a question, you may do so by pressing star followed by one on your telephone keypad. We can pause here briefly to allow questions to be registered. Our next question comes from Brian McNamara from Canaccord. Your line is now open. Please go ahead. Sorry for hogging all the questions today, guys, but I'm curious your view on. That's fine. on the share price. I know you guys are, you know, you're frustrated with it, and your results are shining through. I'm just curious, give the market some kind of, you know, indication of your view of kind of how undervalued the stock is right here, as results come through and it seemingly not being rewarded in the share price. Thanks, guys. Yeah, sure, Brian. Look, I think you're right. It is frustrating, given we all earn a very significant part of our compensation in stock, not only do we want to drive shareholder value for all of you, but for ourselves as well. We are very much focused on what drives that price higher. I think the number 1 thing that the team can do is to drive financial results. I think we're kind of three years, almost three years into our strategic plan, and we're doing that every single quarter. My personal view is it's, you know, it's highly undervalued. You know, it's worth much, much more than where it's trading at today. I think hopefully, people are gonna make a good amount of return by getting involved now. I think what management can do here is, is to drive growth, drive scale, and do that in a fundamentally conservative fiscal way, where we are very liquid so that we can grow our PLO, we can make acquisitions. The pipeline remains really strong for that. You know, we've got some, we've got some debt coming due in the next two years, not, not a whole, not a whole heap or anything, but, we're gonna be liquid to be able to do that in cash if we would like to. I think, you know, we are doing all the right things. We are earning the market's trust, we are proving up our acquisition strategy, and I think if we just keep doing that, you know, my, my personal view is that this stock, you know, will, will be much, much higher in the next short, medium, long term. Great. Maybe one for Tim on the, the inflationary impact on your expense base, like, when do you expect that to kind of tail off? Is that in the next couple of quarters? Is that another kind of fiscal 2024 event? How should we think about expenses kind of moving forward, given the, the inflationary catch-up you guys have experienced this fiscal year? We, so there, there's still going to be some, going through into 2024. We don't expect the, the rises that we have seen in, in this year to be as much, but we do see some coming through. We still got, especially in Latin America, you've got changes in labor laws, increasing those costs. You have-- we have rental agreements, especially in Latin America, that are linked to inflation. You do- you, we will see some, just not as great. We're really focusing on ensuring that we continue to drive even greater revenue growth to ensure that, we can continue to grow the bottom line. Great. That's all for me. Thanks, guys. Thanks, Brian. Thanks, Brian. We have no further questions at this time. With that, I will hand back to Lachie Given for final remarks. Thank you everyone for joining the call. We really appreciate your time. I look forward to talking to many of you today and tomorrow. Thank you to the EZCORP team for another outstanding quarter. Thanks, guys. This concludes today's call. Thank you for your participation. You may now disconnect your line.