...A. In Q1, we drove 8% bookings growth, and we expanded normalized EBITDA margin to 31%, propelling free cash flow to 26% growth supporting our North Star of maximizing free cash flow over the long term. B. Commerce growth remained strong this quarter and annualized gross payments volume increased at a healthy pace with the primary driver continuing to be conversion within our existing base of customers. C. Our recently launched high-margin offerings such as GoDaddy Capital, our Merchant Cash Advance program, and same-day payouts, while still small, are gaining traction. D. In Q1, we delivered A&C revenue growth of 17%, expanded normalized EBITDA margins over 200 basis points and grew free cash flow to $411 million. E. We also have fully utilized the remaining portion of our 2022 $4 billion authorization to retire over 25% of our fully diluted shares outstanding since inception of the program. F. Total revenue was at the top end of our guided range, growing 8% on a reported and constant...
