MARA Holdings, Inc. (NASDAQ:MARA) Q1 2025 Earnings Conference Title Might 8, 2025 5:00 PM ET
Agency Members
Robert Samuels – Vice President, Investor Relations
Fred Thiel – Chairman & Chief Authorities Officer
Salman Khan – Chief Financial Officer
Conference Title Members
Stephen Glagola – JonesTrading
Operator
Good day, girls and gents, and welcome to MARA’s Holdings Quarter 1 2025 Earnings Title. All traces have been positioned on listen-only mode. [Operator Instructions] Proper now, it’s my pleasure to point out the bottom over to your host, Robert Samuels, VP of Investor Relations. Sir, the bottom is yours.
Robert Samuels
Thanks, operator. Good afternoon, and welcome to MARA’s first quarter 2025 earnings identify. Thanks for turning into a member of us right now. With me on right now’s identify are our Chairman and Chief Authorities Officer, Fred Thiel, and our Chief Financial Officer, Salman Khan. Instantly’s identify consists of forward-looking statements, along with these about our growth plans, liquidity and financial effectivity.
These include risks and uncertainties, and exact outcomes may differ materially. We disclaim any obligation to switch these statements, in addition to as required by regulation. For further particulars, see the Menace Parts a part of our latest 10-Okay and totally different SEC filings. We’ll moreover reference non-GAAP financial measures like adjusted EBITDA and return on capital employed, which we take into account are important indicators of MARA’s working effectivity because of they exclude certain objects that we don’t take into account immediately replicate our core operations.
Please see our earnings launch for reconciliations to in all probability essentially the most comparable GAAP measures. We hope you’ve received had the likelihood to be taught our Shareholder Letter and watch for your options. We’ll begin with some prepared remarks from Fred and Salman, after their suggestions, we’re going to be conducting an analyst interview with administration. Instantly’s session could be carried out by Stephen Glagola and analyst at Jones Shopping for and promoting.