Cynthia Scott: Good morning, everyone and welcome to Zip's first half '24 results presentation. [Indiscernible] we said that we would achieve positive cash EBTDA during the first half of '24. We achieved this important milestone in Q1 and have gone on to record a strong positive cash EBITDA results for the half of $30.8 million. This result was driven by successful execution of our strategy in our two core markets, ANZ and the Americas, and we're focused on maintaining that discipline and execution through the remainder of FY '24. Our key financial highlights are set up on Slide 3. As you can see from the chart, the positive group cash EBITDA of $30.8 million for the half is a turnaround of $64 million from the prior corresponding period. Cash net transaction margin expanded 90 basis points to 3.5%, and cash gross profit was up 45.9%, with credit losses remaining stable at 1.9% of TTV. This performance was achieved despite a challenging external environment, and a significant increase in interest rates, reinforcing the continued relevance of our products and the important role they play for our customers and merchants. Turning now to operating highlights on Slide 4. In the first 6 months of the year, we delivered $5 billion in transaction volume for more than 38 million transactions. This was driven by particularly strong performance in U.S volumes and increased customer engagement. Group revenue was up 28.9% to $430 million and our revenue margin increased 130 basis points to 8.5%. Active customer numbers finished the half at 6.3 million, with customer growth impacted by our deliberately conservative risk settings. Merchants on our platforms grew 9.3% to over 76,000 reflecting a strong demand for merchants to have this available to their customers. Turning to Slide 5, and our progress against our FY '24 strategy. At the beginning of the year, we set out three clear priorities aligned to our regional strategies, capabilities and competitive position. We said that we would focus on driving profitable growth in our two core markets, innovate new products for our customers and merchants and continue to strengthen our balance sheet and deliver operating leverage. As you can see, on the left, the U.S had a particularly strong seasonal half, with record volumes up 33.3% year-on-year. This was achieved while maintaining strong credit performance, in line with our strategy to deliver sustainable profitable growth. In Australia, we launched a new product in November, Zip Plus, driving the next horizon of growth and designed for an environment where we may see higher for longer interest rates. In delivering on operational excellence, we took further actions to strengthen and simplify our balance sheet with a new $150 million 4-year corporate debt facility. We also saw continued deleveraging of the balance sheet, with this convertible notes reducing from a total of 340.2 million in June to 68.8 million at 31 December. Finally, we took actions to simplify our shareholder register completing a small shareholding sale facility, which will deliver administrative cost savings to Zip. The collective impact of these actions can be seen on the next slide, which captures the significant improvement in our financial performance. 12 months ago we reported a loss of $33 million. Today's result of positive cash EBITDA of $30.8 million reflects disciplined execution of our simplified strategy and reinforces our position as a self sustaining business. Turning now to Slide 7. Zip is committed to delivering sustainable outcomes for all its stakeholders. For our customers, we remain committed to responsible lending, advocating fit-for-purpose regulation with strong consumer safeguards, like Zip add [ph] in place, and supporting customers to develop financially responsible behavior, such as [indiscernible] way forward. For our financial education modules, we provide U.S customers through our apps. Zip remained focused on continuous improvements to our cybersecurity resilience, and the protection of customer privacy and data. And during the half, we have lifted our policies and controls to align with the latest International Information Security Standards. We're committed to driving gender balance at all levels of the company. Female representation is currently 43% of our total workforce, with 60% female representation on our Board. Finally, we continued our commitment to being climate neutral, and progress our work on climate related disclosures. We measured and disclosed our Scope 1, 2 and 3 greenhouse gas emissions, and invested in carbon offsetting initiatives to neutralize our emissions as we've done for the past 3 years. Before I step into the detailed performance of each regions, Slide 9 is a reminder of the important and unique role each of our core market polls in the longer term opportunity for Zip. As we continue our focus on driving sustainable profitability, in ANZ, we will leverage our position as a profitable at scale business with significant market share in unsecured consumer finance solutions. We're continuing to focus on product innovation that will drive the next phase of growth in Australia. This will include new capital light products that broaden our financial services offerings, increase our engagement with customers and deliver new revenue streams. In the U.S., having reached cash EBITDA profitability, we're well-positioned to drive incremental profitable growth and scale, while we continue to innovate for our customers and merchants. Onto Slide 10, to discuss the performance of the Americas business. [Indiscernible] (725) earlier this month in the U.S., I was reminded of the sheer size of the $11 trillion payments opportunity, and how early the point of sale credit journey is in the U.S., which is still below 2% of the total payments, and which Zip is well-positioned to capture. There's a tremendous opportunity -- growth opportunity across both online and in-store for Zip's products. With more America wanting to budget in a way that is inclusive and flexible, Zip is playing a greater role in providing short-term unsecured credit to the other 100 billion adult Americans underserved by the traditional finance industry. With a firm focus on strategy execution, the Americas business generated strong positive cash EBITDA in the first 6 months of FY '24, demonstrating the potential of this market. Record top line growth is $3.1 billion in transaction volumes, and $214.7 million in revenue was generated during a particularly strong seasonal uplift during the half. This was driven by increased customer engagement through higher margin channels such as the app and install. As reflected in the chart, TTV and transactions per active customer were up 36.2% and 30%, respectively, well ahead of FY '23 levels on an annualized basis. While customer numbers declined slightly versus the first half of '23, we've seen good momentum in the customer base with MTUs up 10% on average versus the prior corresponding period. Our product strategy is progressing very well with high engagement through our app. We're demonstrating product market fit with our physical cards, which is continuing to drive incremental volume and engagement. We've continued to add cardholders who are now generating over 30% of install volumes, up 311% year-on-year. And we've outperformed relative to the macro environment, with this volume growth at 33% highlighting the strength of our product offering. Turning now to Slide 11. This slide covers U.S credit performance in more detail and shows that as volume growth has accelerated, we've successfully maintained bad debt performance below our target levels. This reinforces the capabilities of our sophisticated credit positioning platform that enables us to provide appropriate credit to American underserved customers and respond quickly to changing market conditions throughout the credit cycle. Our focus on credit performance, so Zip maintained loss levels at or below 1.4% of cohort TTV as we scale new product features to drive responsible repayment behavior. These included features such as enabling self service, the payment date changes, flexible installments and gamified repayments. We've continued to strengthen our proprietary credit positioning capabilities with cash flow underwriting, and new machine learning models for returning customers, which will provide ongoing support to business as we scale further. Turning now to ANZ on Slide 12. The ANZ business continues to deliver very strong results. Revenue was up 23% year-on-year, with revenue margins expanding 320 basis points to 11%, reinforcing the strengths and benefits of our two sided business model. While TTV and customer growth was hampered by deliberate adjustments to our credit risk setting, we delivered a solid cash EBITDA result as revenue growth more than offset the significant increase in funding costs over the period. With 2.3 million active customers and over 10 years of operating data, we have a deep understanding of our customer needs. In November, we launched a new product in Australia Zip Plus to an existing group of Zip customers, providing access to greater spending power and financial flexibility. Zip Plus has been designed for an environment where we may see higher-for-longer interest rates, and is expected to drive TTV and margin growth over time. While it's early days, customer engagement has been strong with 93% of customers liking or loving the new product, and recent transactions to MTU has been doubled, that's for Zip Pay customers. During the half, we also launched with a number of new merchants in targeted verticals, including [indiscernible] and bolstering our presence in health care with HBF dental. Verticals where we continue to see ongoing consumer spending despite a softer retail environment. Our strong market position in the travel vertical is performing well, and our differentiated Zip Money product positions our strong [indiscernible] vertical. Moving to Slide 13, for more detail on the performance of the Australian loan book [ph]. With our account base product construct in Australia, and well over $2 billion in receivables return to metrics on the loan book is the best way to think about the performance of the business and the significant future [indiscernible] The chart on the left hand side shows the return on the loan book or excess spread, similar to a net interest margin measure. Highlights from the Australian portfolio with the improvement in yield to 17.5%, up 338 basis points over the last 12 months and the increase in excess spread. Excess spread was up 106 basis points to 6.2% despite a $27 million increase in funding costs versus the first half '23, demonstrating the resilience of Zip's business model in a rising interest rate environment. The right hand side provides further detail on our credit performance. The chart shows an improvement in [indiscernible] we saw in the second half of '23 as a result of the softening in the broader consumer credit market. As we've consistently demonstrated, we have a proven ability to manage credit outcomes through different external cycles. Our product construct and capital recycling provides Zip with a unique advantage and the ability to respond quickly and adjust risk settings as needed. Actions such as tightened lending criteria and reduced exposure to higher risk customer cohorts have driven an improvement in credit quality and loss performance, which you can see particularly as we exited the first half of '24 and we expect net bad debts to continue to trend down during the second half. I'll hand over now to Gordon to cover Zip's financial performance.
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