Financial Data and Key Metrics Changes - The company reported record fee-based revenue of $315 million in the first quarter, representing a 67% year-over-year increase, and now has an annualized fee-based revenue of nearly $1.3 billion [23] - The loan platform business has reached an annualized run rate of over $6 billion in originations, contributing more than $380 million in additional high-margin, high-return fee-based revenue [23] Business Line Data and Key Metrics Changes - In the SoFi Money segment, the rollout of self-service wires was completed, making it the only company offering digital person-to-person payments via phone number or email [21] - SoFi Invest improved its single stock presentations and expanded alternative investment opportunities, including investments in privately held companies like Anthropic [21] Market Data and Key Metrics Changes - The appetite for loans from members and capital markets remains strong, with the company achieving its best quarter ever for originations, selling or transferring over $3 billion in personal and home loans [25] - The company signed over $8 billion in loan platform business partnerships, which is expected to accelerate volume in the second quarter [25] Company Strategy and Development Direction - The company is focused on diversifying revenue towards more capital-light, fee-based sources to ensure durable growth and strong returns [23] - Investments are being accelerated in innovation and brand building, with a strong belief in the growth potential of the business [20] Management's Comments on Operating Environment and Future Outlook - Management expressed strong conviction in the company's outlook and emphasized the importance of investing during economic uncertainty to drive member and product growth [20] - The company is building from a position of strength as a comprehensive digital platform, with a relevant value proposition for its members and clients [20] Other Important Information - The company plans to launch additional products and features, including a personal loan product for prime credit card customers and new AI-driven features [22] - The company does not take on ongoing credit risk or capital requirements for loans, which presents an opportunity to generate more fee-based revenue [26] Q&A Session Summary Question: How are you thinking about investing in the business during this time of economic uncertainty? - Management is accelerating investments in innovation and brand building, citing strong member and product growth as a result [20] Question: How do you plan to further diversify your revenue? - The company is on a path to diversify revenue towards capital-light, fee-based sources, achieving record fee-based revenue of $315 million in Q1 [23] Question: What is the current appetite for SoFi's loans from consumers and the capital markets? - The appetite remains strong, with record originations and significant partnerships signed to drive future volume [25]

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $247 million, a slight decline from $249 million in Q1 2024, reflecting a decrease of $2 million or 1% year-over-year [11][20] - Gross profit percentage decreased to 19% in Q1 2025 from 20% in Q1 2024, indicating a decline in profitability [21] - The company reported a net loss of $7 million for Q1 2025, compared to a net income of $32 million in the prior year, a decrease of $39 million [21][22] - Operational EBITDA for Q1 2025 was $2 million, down from $4 million in Q1 2024, reflecting a decline of $2 million [22] Business Line Data and Key Metrics Changes - The Advanced Materials and Chemical Group (AM and C) is highlighted as crucial for Kodak's future, with ongoing investments in growth initiatives [11][12] - The commercial print business is transitioning from controlled introduction to controlled production of the Prosper Ultra 520 press, with several units being installed at customer sites [12] Market Data and Key Metrics Changes - Demand for various types of film, including still motion picture and NDT, continues to grow, prompting investments in expanding film production capacity [12] - The company remains committed to U.S.-based manufacturing, which is expected to reduce environmental impact and ensure high quality and reliable supply [13][27] Company Strategy and Development Direction - Kodak is focused on operational efficiencies and cost reductions, having shut down unprofitable businesses to concentrate on growth areas [9][19] - The company is committed to maintaining and expanding U.S. manufacturing across all business lines, which is part of its long-term strategy [27] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by global economic uncertainty but emphasized the company's commitment to executing its long-term plan [8][19] - The management expressed confidence in the core business performance and the potential for long-term gains despite short-term challenges related to tariffs [10][28] Other Important Information - The termination and settlement process for the U.S. Pension plan is proceeding as planned, with expectations to use reverted assets to reduce long-term debt [15][17] - The company ended Q1 2025 with a cash balance of $158 million, a decrease of $43 million from the end of 2024, primarily due to investments in growth initiatives and increased costs [22][25] Summary of Q&A Session - There was no formal Q&A session during the call, but the Investor Relations team is available for follow-up inquiries [7]