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Technology - Software - Application - NASDAQ - US
$ 12.37
4.26 %
$ 4.11 B
Market Cap
82.47
P/E
1. INTRINSIC VALUE

Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners. Riot Blockchain, Inc. was incorporated in 2000 and is headquartered in Castle Rock, Colorado.[ Read More ]

The intrinsic value of one RIOT stock under the base case scenario is HIDDEN Compared to the current market price of 12.4 USD, Riot Blockchain, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RIOT

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FINANCIALS
281 M REVENUE
8.30%
-63 M OPERATING INCOME
-19.15%
-49.5 M NET INCOME
90.29%
33.1 M OPERATING CASH FLOW
6142.45%
-415 M INVESTING CASH FLOW
-16.88%
749 M FINANCING CASH FLOW
174.84%
84.8 M REVENUE
21.09%
-122 M OPERATING INCOME
-3.82%
-154 M NET INCOME
-82.79%
-56.3 M OPERATING CASH FLOW
-32.51%
-205 M INVESTING CASH FLOW
37.00%
209 M FINANCING CASH FLOW
29.54%
Balance Sheet Decomposition Riot Blockchain, Inc.
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Current Assets 1.01 B
Cash & Short-Term Investments 908 M
Receivables 40.1 M
Other Current Assets 60.2 M
Non-Current Assets 1.04 B
Long-Term Investments 73.4 M
PP&E 725 M
Other Non-Current Assets 244 M
Current Liabilities 121 M
Accounts Payable 23.2 M
Short-Term Debt 2.42 M
Other Current Liabilities 95.4 M
Non-Current Liabilities 42 M
Long-Term Debt 18.9 M
Other Non-Current Liabilities 23.1 M
EFFICIENCY
Earnings Waterfall Riot Blockchain, Inc.
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Revenue 281 M
Cost Of Revenue 254 M
Gross Profit 26.3 M
Operating Expenses 89.4 M
Operating Income -63 M
Other Expenses -13.6 M
Net Income -49.5 M
RATIOS
9.39% GROSS MARGIN
9.39%
-22.46% OPERATING MARGIN
-22.46%
-17.63% NET MARGIN
-17.63%
-2.62% ROE
-2.62%
-2.41% ROA
-2.41%
-3.03% ROIC
-3.03%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Riot Blockchain, Inc.
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Net Income -49.5 M
Depreciation & Amortization 252 M
Capital Expenditures -424 M
Stock-Based Compensation 32.2 M
Change in Working Capital -1.96 M
Others -197 M
Free Cash Flow -391 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Riot Blockchain, Inc.
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Wall Street analysts predict an average 1-year price target for RIOT of $18 , with forecasts ranging from a low of $15 to a high of $23 .
RIOT Lowest Price Target Wall Street Target
15 USD 21.26%
RIOT Average Price Target Wall Street Target
18 USD 45.51%
RIOT Highest Price Target Wall Street Target
23 USD 85.93%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
1 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Riot Blockchain, Inc.
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Sold
0-3 MONTHS
175 K USD 1
3-6 MONTHS
377 K USD 2
6-9 MONTHS
652 K USD 2
9-12 MONTHS
894 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 16, 2024
Sell 175 K USD
D'Ambrosio Lance Varro
Director
- 25000
7.0014 USD
3 months ago
Aug 14, 2024
Sell 138 K USD
Marleau Hubert
Director
- 17861
7.7 USD
3 months ago
Aug 07, 2024
Sell 240 K USD
Cho Hannah
Director
- 27861
8.61 USD
8 months ago
Mar 15, 2024
Sell 390 K USD
Werner Ryan D.
SVP, CAO
- 35000
11.15 USD
8 months ago
Feb 28, 2024
Sell 261 K USD
Cho Hannah
Director
- 15000
17.42 USD
11 months ago
Dec 08, 2023
Sell 894 K USD
Jackman William Richard
EVP, GENERAL COUNSEL
- 57000
15.6784 USD
1 year ago
Aug 17, 2023
Sell 628 K USD
Marleau Hubert
Director
- 51165
12.28 USD
1 year ago
Jul 17, 2023
Sell 498 K USD
D'Ambrosio Lance Varro
Director
- 26000
19.16 USD
1 year ago
Jun 01, 2023
Sell 3.3 M USD
Yi Soo il Benjamin
EXECUTIVE CHAIRMAN
- 274696
12.02 USD
1 year ago
Jun 02, 2023
Sell 5.1 M USD
Yi Soo il Benjamin
EXECUTIVE CHAIRMAN
- 435833
11.7 USD
1 year ago
Jun 02, 2023
Sell 625 K USD
Yi Soo il Benjamin
EXECUTIVE CHAIRMAN
- 50051
12.49 USD
1 year ago
Jun 01, 2023
Sell 582 K USD
Les Jason
CHIEF EXECUTIVE OFFICER
- 50000
11.63 USD
1 year ago
Jun 02, 2023
Sell 4.51 M USD
Jackman William Richard
EVP, GENERAL COUNSEL
- 371471
12.13 USD
1 year ago
May 31, 2023
Sell 266 K USD
Werner Ryan D.
SVP, CAO
- 22333
11.92 USD
1 year ago
May 30, 2023
Sell 172 K USD
Cho Hannah
Director
- 14000
12.26 USD
1 year ago
May 25, 2023
Sell 550 K USD
Yee Colin M.
CFO
- 50283
10.93 USD
1 year ago
May 25, 2023
Sell 542 K USD
Les Jason
CHIEF EXECUTIVE OFFICER
- 50000
10.83 USD
1 year ago
Apr 17, 2023
Sell 325 K USD
D'Ambrosio Lance Varro
Director
- 26000
12.51 USD
1 year ago
Jan 17, 2023
Sell 166 K USD
D'Ambrosio Lance Varro
Director
- 26000
6.3885 USD
1 year ago
Dec 15, 2022
Sell 100 K USD
Jackman William Richard
EVP & General Counsel
- 25000
4 USD
1 year ago
Dec 07, 2022
Sell 314 K USD
Harris Chad Everett
EVP, CCO
- 75565
4.15 USD
2 years ago
Oct 31, 2022
Sell 181 K USD
D'Ambrosio Lance Varro
Director
- 26000
6.97 USD
2 years ago
Sep 01, 2022
Sell 66.9 K USD
D'Ambrosio Lance Varro
director:
- 10000
6.69 USD
2 years ago
Apr 07, 2022
Sell 44.3 K USD
Marleau Hubert
director:
- 2500
17.73 USD
2 years ago
Dec 15, 2021
Sell 130 K USD
Brooks Megan M.
Chief Operating Officer
- 5000
25.91 USD
2 years ago
Dec 13, 2021
Sell 125 K USD
D'Ambrosio Lance Varro
Director
- 5000
24.98 USD
2 years ago
Dec 15, 2021
Sell 234 K USD
Marleau Hubert
Director
- 10000
23.35 USD
2 years ago
Dec 06, 2021
Sell 1.4 M USD
MCGONEGAL JEFFREY
Chief Financial Officer
- 50000
28 USD
3 years ago
Sep 02, 2021
Sell 110 M USD
Northern Data AG
10 percent owner
- 3000000
36.61 USD
3 years ago
Sep 01, 2021
Sell 68.2 M USD
Northern Data AG
10 percent owner
- 1850008
36.84 USD
3 years ago
Jun 10, 2021
Sell 720 K USD
Les Jason
Chief Executive Officer
- 23155
31.08 USD
3 years ago
Jun 10, 2021
Sell 822 K USD
Les Jason
Chief Executive Officer
- 26144
31.44 USD
3 years ago
Jun 10, 2021
Sell 22 K USD
Les Jason
Chief Executive Officer
- 701
31.45 USD
3 years ago
Nov 23, 2020
Sell 491 K USD
YI SOO IL BENJAMIN
Director
- 70000
7.01 USD
3 years ago
Nov 23, 2020
Sell 489 K USD
YI SOO IL BENJAMIN
Director
- 70000
6.98 USD
3 years ago
Nov 24, 2020
Sell 506 K USD
Les Jason
Director
- 68500
7.38 USD
4 years ago
Sep 01, 2020
Sell 154 K USD
YI SOO IL BENJAMIN
Director
- 44068
3.5 USD
6 years ago
Dec 29, 2017
Sell 557 K USD
O'Rourke John R. III
President, CEO, Chairman
- 19583
28.45 USD
6 years ago
Dec 29, 2017
Sell 312 K USD
O'Rourke John R. III
President, CEO, Chairman
- 10800
28.9 USD
7 years ago
Jan 04, 2017
Bought 16.9 K USD
Honig Barry C
10 percent owner
+ 4000
4.22 USD
7 years ago
Dec 01, 2016
Bought 94.6 K USD
Honig Barry C
10 percent owner
+ 18731
5.05 USD
7 years ago
Dec 01, 2016
Bought 8 K USD
Honig Barry C
10 percent owner
+ 1600
5 USD
7 years ago
Dec 01, 2016
Bought 5.3 K USD
Honig Barry C
10 percent owner
+ 1000
5.3 USD
7 years ago
Dec 01, 2016
Bought 5.32 K USD
Honig Barry C
10 percent owner
+ 1000
5.32 USD
7 years ago
Dec 01, 2016
Bought 37 K USD
Honig Barry C
10 percent owner
+ 7484
4.95 USD
8 years ago
Oct 19, 2016
Bought 16.9 K USD
Honig Barry C
10 percent owner
+ 6086
2.78 USD
8 years ago
Oct 13, 2016
Bought 66 K USD
Honig Barry C
10 percent owner
+ 28935
2.28 USD
8 years ago
Oct 06, 2016
Bought 34.6 K USD
Honig Barry C
10 percent owner
+ 12777
2.71 USD
8 years ago
Sep 30, 2016
Bought 6.24 K USD
Honig Barry C
10 percent owner
+ 2228
2.8 USD
8 years ago
Oct 18, 2016
Bought 35.9 K USD
Honig Barry C
10 percent owner
+ 13400
2.68 USD
10 years ago
Apr 14, 2014
Bought 71.3 K USD
Hurd Donald R
SVP & Chief Commercial Officer
+ 35000
2.036 USD
12 years ago
Sep 21, 2012
Bought 29.8 K USD
Hurd Donald R
SVP, Chief Commerical Officer
+ 15000
1.99 USD
12 years ago
Aug 03, 2012
Bought 3.95 K USD
SCHOETTLER GAIL
Director
+ 2500
1.58 USD
12 years ago
Jun 29, 2012
Bought 1.92 K USD
Merson Michael R
Director
+ 1000
1.92 USD
12 years ago
Jun 29, 2012
Bought 7.72 K USD
Lundy Steve
President, CEO
+ 4000
1.93 USD
12 years ago
Jun 29, 2012
Bought 3.88 K USD
PUSEY GREGORY
Vice President
+ 2000
1.94 USD
12 years ago
Jun 28, 2012
Bought 9.6 K USD
MCGONEGAL JEFFREY
Chief Financial Officer
+ 5000
1.919 USD
12 years ago
Dec 13, 2011
Bought 5.73 K USD
MCGONEGAL JEFFREY
Chief Financial Officer
+ 3625
1.58 USD
14 years ago
Jul 26, 2010
Bought 10.7 K USD
MCGONEGAL JEFFREY
Chief Financial Officer
+ 15000
0.7129 USD
14 years ago
Mar 30, 2010
Sell 38.4 K USD
HEPLER DOUGLAS I
Director
- 17700
2.17 USD
14 years ago
Dec 30, 2009
Sell 8.8 K USD
HEPLER DOUGLAS I
Director
- 5000
1.76 USD
15 years ago
Aug 10, 2009
Sell 17.6 K USD
HEPLER DOUGLAS I
Director
- 6000
2.94 USD
15 years ago
Aug 06, 2009
Bought 3.14 K USD
Merson Michael R
Director
+ 1100
2.85 USD
15 years ago
Jul 31, 2009
Bought 2.24 K USD
Merson Michael R
Director
+ 800
2.8 USD
15 years ago
Jul 01, 2009
Sell 6.38 K USD
HEPLER DOUGLAS I
Director
- 2500
2.55 USD
15 years ago
Jul 01, 2009
Sell 6.3 K USD
HEPLER DOUGLAS I
Director
- 2500
2.52 USD
15 years ago
May 19, 2009
Bought 15.5 K USD
FAULKNER DARYL
CEO and Executive Chairman
+ 10000
1.55 USD
15 years ago
May 18, 2009
Bought 1.73 K USD
CASPARI ROBERT FREDERICK
COO & Chief Medical Officer
+ 1100
1.57 USD
15 years ago
May 18, 2009
Bought 3.3 K USD
CASPARI ROBERT FREDERICK
COO & Chief Medical Officer
+ 2100
1.57 USD
15 years ago
May 06, 2009
Sell 8.85 K USD
HEPLER DOUGLAS I
Director
- 5000
1.77 USD
15 years ago
Apr 29, 2009
Sell 16.5 K USD
HEPLER DOUGLAS I
Director
- 10000
1.65 USD
15 years ago
Mar 30, 2009
Sell 12.2 K USD
HEPLER DOUGLAS I
Director
- 7500
1.63 USD
15 years ago
Mar 30, 2009
Sell 4.1 K USD
HEPLER DOUGLAS I
Director
- 2500
1.64 USD
15 years ago
Jan 05, 2009
Sell 15.8 K USD
HEPLER DOUGLAS I
Director
- 2500
6.32 USD
15 years ago
Jan 05, 2009
Sell 16 K USD
HEPLER DOUGLAS I
Director
- 2500
6.4 USD
15 years ago
Dec 22, 2008
Sell 14 K USD
HEPLER DOUGLAS I
Director
- 2500
5.58 USD
15 years ago
Dec 22, 2008
Sell 13.8 K USD
HEPLER DOUGLAS I
Director
- 2500
5.51 USD
15 years ago
Dec 23, 2008
Sell 13.8 K USD
HEPLER DOUGLAS I
Director
- 2500
5.53 USD
16 years ago
Sep 12, 2008
Sell 23.6 K USD
HEPLER DOUGLAS I
Director
- 3300
7.15 USD
16 years ago
Sep 12, 2008
Sell 12.2 K USD
HEPLER DOUGLAS I
Director
- 1700
7.16 USD
16 years ago
Sep 12, 2008
Sell 9.93 K USD
HEPLER DOUGLAS I
Director
- 1400
7.09 USD
16 years ago
Sep 12, 2008
Sell 7.71 K USD
HEPLER DOUGLAS I
Director
- 1100
7.01 USD
16 years ago
Jul 22, 2008
Sell 18.8 K USD
HEPLER DOUGLAS I
Director
- 3000
6.25 USD
16 years ago
Jul 22, 2008
Sell 17.7 K USD
HEPLER DOUGLAS I
Director
- 2800
6.31 USD
16 years ago
Jul 22, 2008
Sell 1.26 K USD
HEPLER DOUGLAS I
Director
- 200
6.3 USD
16 years ago
Jul 01, 2008
Sell 15.2 K USD
HEPLER DOUGLAS I
Director
- 2500
6.1 USD
16 years ago
Jul 01, 2008
Sell 15 K USD
HEPLER DOUGLAS I
Director
- 2500
6.02 USD
16 years ago
Jan 29, 2008
Bought 5.92 K USD
Donnelly Richard G
President & CEO
+ 1000
5.92 USD
16 years ago
Jan 29, 2008
Bought 5.91 K USD
Donnelly Richard G
President & CEO
+ 1000
5.91 USD
16 years ago
Jan 18, 2008
Bought 13.2 K USD
PUSEY GREGORY
Chairman
+ 2000
6.62 USD
16 years ago
Jan 18, 2008
Bought 27 K USD
Donnelly Richard G
President & CEO
+ 4000
6.75 USD
17 years ago
Oct 29, 2007
Sell 75 K USD
HEPLER DOUGLAS I
Director
- 5000
15 USD
17 years ago
Oct 16, 2007
Sell 52 K USD
HEPLER DOUGLAS I
Director
- 4000
13 USD
17 years ago
Oct 15, 2007
Sell 42 K USD
HEPLER DOUGLAS I
Director
- 3500
12 USD
17 years ago
Oct 01, 2007
Sell 25 K USD
HEPLER DOUGLAS I
Director
- 2500
10 USD
17 years ago
Oct 01, 2007
Sell 48.1 K USD
HEPLER DOUGLAS I
Director
- 4900
9.81 USD
17 years ago
Oct 01, 2007
Sell 982 USD
HEPLER DOUGLAS I
Director
- 100
9.82 USD
17 years ago
Aug 29, 2007
Sell 24 K USD
HEPLER DOUGLAS I
Director
- 4000
6 USD
17 years ago
Aug 29, 2007
Sell 2.98 K USD
HEPLER DOUGLAS I
Director
- 500
5.95 USD
17 years ago
Aug 29, 2007
Sell 2.9 K USD
HEPLER DOUGLAS I
Director
- 500
5.8 USD
17 years ago
Aug 16, 2007
Bought 9.2 K USD
Donnelly Richard G
President & CEO
+ 2000
4.6 USD
17 years ago
Jul 18, 2007
Sell 137 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 25140
5.43 USD
17 years ago
Jul 18, 2007
Sell 32.7 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 6030
5.43 USD
17 years ago
Jul 18, 2007
Sell 34.4 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 6330
5.43 USD
17 years ago
Jul 16, 2007
Sell 8.95 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 1680
5.33 USD
17 years ago
Jul 16, 2007
Sell 2.13 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 400
5.33 USD
17 years ago
Jul 16, 2007
Sell 2.24 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 420
5.33 USD
17 years ago
Jul 17, 2007
Sell 12.7 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 2382
5.33 USD
17 years ago
Jul 17, 2007
Sell 3.04 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 570
5.33 USD
17 years ago
Jul 17, 2007
Sell 3.2 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 600
5.33 USD
17 years ago
Jul 11, 2007
Sell 32.7 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 6992
4.67 USD
17 years ago
Jul 11, 2007
Sell 33.6 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 7208
4.66 USD
17 years ago
Jul 11, 2007
Sell 57.9 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 12408
4.67 USD
17 years ago
Jul 11, 2007
Sell 59.6 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 12792
4.66 USD
17 years ago
Jul 10, 2007
Sell 31.6 K USD
1837 RMB Managers L.L.C.
10 percent owner
- 6910
4.58 USD
7. News
Crypto-Related Investments Surge on Trump Win, MicroStrategy Buy The cryptocurrency euphoria that followed Donald Trump's victory in the U.S. presidential election continued Monday, with everything tied to the digital currency industry powering ahead. investopedia.com - 5 days ago
Why Coinbase, MicroStrategy, and Crypto Stocks Popped on Monday The bull run continues for cryptocurrencies. fool.com - 5 days ago
Why Crytocurrency Stocks Were All the Rage This Week There were numerous positive developments driving the sector higher in recent days. fool.com - 1 week ago
Can Riot Platforms (RIOT) Double Under a Trump Presidency? President Trump's election victory is leading to a buying frenzy in the cryptocurrency markets. 247wallst.com - 1 week ago
Why Stocks in the Bitcoin Universe Soared In October What caused Bitcoin-related stocks to soar in October? Here's an overview of what moved the Bitcoin-based markets last month. fool.com - 1 week ago
Riot Platforms, Inc. (RIOT) Is Considered a Good Investment by Brokers: Is That True? Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? zacks.com - 1 week ago
Riot Announces October 2024 Production and Operations Updates Riot Produces 505 Bitcoin in October 2024 and Increases Hash Rate Deployed to 29.4 EH/s CASTLE ROCK, Colo. , Nov. 4, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for October 2024. prnewswire.com - 1 week ago
Compared to Estimates, Riot Platforms, Inc. (RIOT) Q3 Earnings: A Look at Key Metrics Although the revenue and EPS for Riot Platforms, Inc. (RIOT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 weeks ago
Riot Platforms, Inc. (RIOT) Q3 Earnings Surpass Estimates Riot Platforms, Inc. (RIOT) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of a loss of $0.22 per share. This compares to loss of $0.25 per share a year ago. zacks.com - 2 weeks ago
Riot Platforms, Inc. (RIOT) Q3 2024 Earnings Call Transcript Riot Platforms, Inc. (NASDAQ:RIOT ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Phil McPherson - Vice President, Capital Markets & Investor Relations Jason Les - Chief Executive Officer Colin Yee - Executive Vice President & Chief Financial Officer Jason Chung - Executive Vice President, Corporate Development & Strategy Conference Call Participants Mike Colonnese - H.C. Wainwright Darren Aftahi - ROTH MKM Paul Golding - Macquarie Capital Joe Flynn - Compass Point Research & Trading Bill Papanastasiou - Stifel Owen Rickert - Northland Securities Greg Lewis - BTIG Brett Knoblauch - Cantor Fitzgerald Lucas Pipes - B. seekingalpha.com - 2 weeks ago
Riot Platforms Reports Third Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $84.8 million in Total Revenue and Deployed Hash Rate of 28 EH/s CASTLE ROCK, Colo. , Oct. 30, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended September 30, 2024. prnewswire.com - 2 weeks ago
Riot Platforms Set to Report Q3 Earnings: What's in the Offing? The acquisition of Block Mining is expected to have driven RIOT's revenues in the third quarter of 2024. zacks.com - 2 weeks ago
8. Profile Summary

Riot Blockchain, Inc. RIOT

image
COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 4.11 B
Dividend Yield 0.00%
Description Riot Blockchain, Inc., together with its subsidiaries, focuses on bitcoin mining operations in North America. It operates through Bitcoin Mining, Data Center Hosting, and Electrical Products and Engineering segments. As of December 31, 2021, it operated approximately 30,907 miners. Riot Blockchain, Inc. was incorporated in 2000 and is headquartered in Castle Rock, Colorado.
Contact 3855 Ambrosia Street, Castle Rock, CO, 80109 https://www.riotblockchain.com
IPO Date March 31, 2016
Employees 534
Officers Mr. Soo Li Yi Executive Chairman Mr. Ryan Werner Senior Vice President & Chief Accounting Officer Ms. Emma Norris Vice President of Human Resources Mr. Stephen Howell Chief Operating Officer Mr. Philip James McPherson Vice President of Capital Markets & Investor Relations Mr. Colin M. Yee Executive Vice President & Chief Financial Officer Mr. William Richard Jackman Esq. Executive Vice President, General Counsel & Corporate Secretary Mr. Jason Chung Executive Vice President and Head of Corporate Development & Strategy Ms. Maureen Chu Vice President of Associate General Counsel, M&A and Corporate Finance Mr. Jason Les Chief Executive Officer & Executive Director