Good morning and welcome to ARIES Technologies Earnings Conference Call for the quarter-ended June 30, 2026, Q1 fiscal year 2027. Joining us today is ARIES Chief Executive Officer, Ajay Kure. The call will review the company's results for the quarter-ended June 30, 2026, and discuss the strategic priorities shaping the next stage of its growth. Before we begin, please note that today's discussion contains forward-looking statements, including areas expectations regarding future performance and market opportunities. Actual results may differ materially. Please refer to the company's filings with the U.S. Securities and Exchange Commission and today's earnings release for a full discussion of the risks and uncertainties associated with these statements. Additionally, today's call will include certain non-GAAP financial measures. Reconciliations of these measures to the most directly comparable GAAP measures are available in today's earnings release and on the company's website. With that, I will now turn the call over to Ajay Kure. Please go ahead.

Thank you, Kelly. Good morning and thank you for joining our first quarter fiscal year 2027 earnings call. The quarter ended June 30th, 2026 was a strong start to our fiscal year 2027 and reflects the continuous progress we have made in strengthening our operating model, improving profitability and building a more sustainable business. The operating model we have built over the past year is now delivering results across the three dimensions that matter most. Growth and profitability, positioning, and cash generation. These three themes define the quarter. First, we deliver strong financial performance. The revenue increased 43% year over year to $21.9 million. Income from operations increased to $3.4 million from $0.8 million in the prior year quarter. Net income increased 32% to $2.2 million and operating cash flow increased to $4.8 million from $1.4 million in the prior year quarter. These results demonstrate the operating leverage we have built into the business and are able to translate growth into stronger profitability and cash generation. Second, we continue advancing how we position ALEs in the market. We help enterprises create value through AI transformation and manage operations. Clients increasingly engage us not only to operate business functions, but to help transform enterprise operations through AI, expanding both the scope of our engagement and the value we create. Third, we continued converting the performance into cash. We generated 4.8 million of operating cash flow during the quarter, our sixth consecutive quarter of pouncing operating cash flow. Our strong cash generation enabled us to strengthen the balance sheet, continue settling legacy obligations associated with our business combination transactions and related costs. We purchased more than 10% of our outstanding common share and complete previously announced 1 to 8 shared consultation during the quarters. These results reflect the operating discipline we established throughout the fiscal 2026 and demonstrate strong operating leverage, improve cash generation and consistent execution across our operations in India and Mexico. To see the progress. During the quarters, flight engagements, continue to expand beyond managed operations to include AI transformation, enterprise operations, automation and optimization initiatives. These reflect our continued evolution into AI transformation, enterprise operations provider, expanding both the scope of our client engagement and the value we deliver. Several engagements signed during fiscal 2046 progressed into steady state operations during this quarter contributing to revenue growth and strengthening our long-term client relationships across India and Mexico AI and transformation We believe AI transformation will become one of the most significant driver of enterprise value creation over the coming decade The market is moving from AI experimentation to production creating demand for partners that can help organizations move from strategy and pilots to enterprise-wide deployment and ongoing operations. To address this opportunity, we recently launched AFAL, our agent AI solution offering, built around our forward deploy engineering model. Together with ADESA, our AI native enterprise operations platform, We now provide an integrated capability, spending, strategy, engineering, deployment and manage operations. This enables enterprises to assess, build, deploy and operate AI solution at scale while moving from AI experiment to patient to correction. By combining AI innovation with manage operations, we help organizations create measurable business outcomes and long-term value creation. that remains our objective. Funding enterprises create value through AI transformation and managed operations. Moving back to financial highlights. For the quarter, revenue of 21.9 million compared with 15.3 million in the prior year quarter, an increase of 43%. The previously disclosed customer buyers contributed to 2.7 million to revenue and profitability during the quarters. Gross profit increased to 6.4 million with gross margin increasing to 29.2%. SG&E expenses remain essentially flat at 3 million dollars despite strong revenue growth demonstrating the operating leverage in our business. Income from operations increased to 3.4 million dollars. Net income of 2.2 million dollars representing an increase of 32% from 1.7 in the prior year quarter. Operating cash flow increased to 4.8 million making R6 consecutive quarter of positive operating cash flow. These results reinforce our confidence in the outlook for the remainder of fiscal 2027. Looking ahead, we remain well positioned for the remainder of fiscal 2027. Our confidence in the business continues to be supported by multi-year client engagements, expanding relationships with existing customers, and programs progressing into steady state operations. Accordingly, we are reaffirming our fiscal 2027 guidance of revenue between 80 to 84 million dollars and adjusted EBITDA between 10 to 12 million dollars. Priorities remain unchanged. Discipline execution, property growth and continued margin improvements, strong cash generation and expanding AI Net Client Engagement through AXAI and A-Region. We believe the operating discipline we have built over the past year Thank you for joining us today.

Ladies and gentlemen, thank you for your participation. This does conclude today's teleconference. You may disconnect your phones and have a wonderful day.