
Financial Performance - Revenue reached $142.3 million, exceeding guidance, with a reported year-over-year growth of 3.2% [12, 30] - Pro Forma revenue growth was 7.4% year-over-year, excluding fitness solutions [12, 30] - Adjusted EBITDA margin expanded by 360 basis points year-over-year to 31.6% [12, 34] - Levered Free Cash Flow (LFCF) for Q1 2025 was $25.1 million, a 197% year-over-year increase [36, 37] - Adjusted Unlevered Free Cash Flow (aUFCF) for Q1 2025 was $34.3 million, a 14.8% year-over-year increase [38, 39] Payments and Customer Growth - Payments revenue, excluding fitness, grew by 8.4% year-over-year, driven by a 9.0% increase in Total Payments Volume (TPV) [13, 25] - Total Payments Volume (TPV) reached $12.7 billion [16, 26] - The company has enabled 244,000 customers with more than one solution, representing a 28% year-over-year growth [23, 24] AI Initiatives - 40% of customer inquiries are resolved by the AI agent [21] - The AI agent achieves an 85% CSAT (Customer Satisfaction) score on resolutions [21] Capital Allocation - The company increased its share repurchase authorization by $50 million through December 31, 2026 [13, 41] Outlook - Q2 2025 total revenue is projected to be between $144.5 million and $147.5 million [42]