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Ibotta, Inc. (NYSE:IBTA ) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Shalin Patel – Investor Relations Bryan Leach – Founder and Chief Executive Officer Valarie Sheppard – Interim Chief Financial Officer Conference Call Participants Eric Sheridan – Goldman Sachs Ron Josey – Citi Curtis Nagle – Bank of America Ken Gawrelski – Wells Fargo Mark Mahaney – Evercore Chris Kuntarich – UBS Andrew Boone – Citizens Bank Bernie McTernan – Needham Andrew Marok – Raymond James Shalin Patel Good afternoon, and welcome to Ibotta's Q1 2025 Earnings Conference Call. With us today are Bryan Leach, Founder and CEO; and Valarie Sheppard, Interim CFO.