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Operator
Hello, everyone, and thank you for joining the D2L Inc. Q4 2026 Financial Results Call. My name is Lucy, and I’ll be coordinating your call today. [Operator Instructions]
It is now my pleasure to hand over to your host, Craig Armitage, to begin. Please go ahead.
Craig Armitage
Thank you, and good morning, everyone. Listeners are reminded that portions of today’s discussion will include statements that contain forward-looking information. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from a conclusion, forecast or projection in the forward-looking information. Further, certain material factors or assumptions were applied in drawing a conclusion or making a forecast or projection as reflected in the forward-looking information. For identification and discussion of such risks, uncertainties, factors and assumptions as well as further information concerning forward-looking statements, please refer to the company’s annual management’s discussion and analysis, and the most recently filed annual information form, in each case is filed on the company’s profile on SEDAR+ at www.sedarplus.com.
In addition, during the call, reference will be made to various non-IFRS financial measures, including adjusted EBITDA, adjusted EBITDA margin, adjusted gross margin and free cash flow. These non-IFRS financial measures do not have a standardized meaning prescribed by IFRS and may not be comparable
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