Adjusted general and administrative costs increased 27%, primarily due to unfavorable movements in FX and a pickup in travel and entertainment and marketing expenses.

Feb 5, 2026 / CFO / receipt, needs a key / Sarah Ferber, CFO | earnings call 2026-02-05 | transcript b31d2198-74ed-4fb7-a26a-370cee01d6aa | chars 21194-21360 | segment 21

Excluding FX, adjusted general and administrative costs grew 21%, mainly due to a pickup in travel and entertainment and marketing expenses.

Jul 30, 2025 / CFO / receipt, needs a key / Sarah Ferber, CFO | earnings call 2025-07-30 | transcript 5677734f-ed6c-4fa5-8356-4fa008d726a8 | chars 17680-17820 | segment 18

This was partially offset by a pickup in travel and entertainment.

Apr 30, 2025 / CFO / receipt, needs a key / Sarah Ferber, CFO | earnings call 2025-04-30 | transcript 6ca5b5ac-ebae-43bc-ac23-1a0ba92368a5 | chars 16548-16614 | segment 16

Adjusted general and administrative costs increased 34% due to a pickup in travel and entertainment, as well as marketing, which was offset by favorable movements in FX that resulted in approximately a $1.1 million gain in the fourth quarter of 24 versus a $500,000 loss in the fourth quarter of 23.

Feb 6, 2025 / CFO / receipt, needs a key / Sarah Ferber, CFO | earnings call 2025-02-06 | transcript a634080c-a719-4014-8790-f0214a78c27a | chars 19564-19863 | segment 20

Adjusted general and administrative costs increased 22% due to a pickup in travel and entertainment and marketing expenses.

Oct 30, 2024 / CFO / receipt, needs a key / Sarah Ferber, CFO | earnings call 2024-10-30 | transcript 13260232-b4e6-455f-ab73-4b5f4b112876 | chars 17128-17251 | segment 17

General and administrative costs increased due to a pickup in travel and entertainment which on a reported basis was partially offset by FX gains year on year.

Jul 25, 2024 / CFO / receipt, needs a key / Sarah Ferber, CFO | earnings call 2024-07-25 | transcript b8169ecb-ccd2-48a2-bd53-7d2e21cd712a | chars 15375-15534 | segment 16

Adjusted general and administrative costs increased primarily due to an increase in travel and entertainment.

Apr 27, 2023 / CFO / receipt, needs a key / Sarah Ferber, CFO | earnings call 2023-04-27 | transcript 648cf48b-0b13-42a4-ab5a-af24f4fcd418 | chars 20557-20666 | segment 21