Colabor Group Inc. · OTC:COLFF
Colabor — Q2 2023 Earnings Presentation
12 slides from Colabor's earnings presentation, Jul 25, 2023
Slide 1: Q2 2023 Results
Q 2 2 0 2 3 R E S U LT S COLABOR GROUP INC.(TSX: GCL) July 25, 2023 1
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT DISCLAIMER This document is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Colabor Group Inc. and has not been prepared for delivery to, and review by, prospective investors in order to assist
Slide 3: Content
CONTENT • Q2 2023 Executing our Turnaround (Phase I) • Q2 2023 Evolution of our Strategic Plan • Q2 2023 Financial results • Share information 3
Slide 4: Executing Our Turnaround (Phase I)
EXECUTING OUR TURNAROUND (PHASE I) 9 consecutive quarters of year-over-year revenue growth Now entering the second phase of growth of our 5-year Implementation of strategic initiatives sustained strategic plan: strong Q2 2023 results: • Sustained demand: revenue growth came in part from our • 19% re
Slide 5: First Semester 2023 Highlights
FIRST SEMESTER 2023 HIGHLIGHTS E V O L U T I O N O F T H E 5 - Y E A R S T R AT E G I C P L A N P R O F I TA B I L I T Y GROWTH PEOPLE BRAND G E N E R AT E POTENTIAL REACH AT T R A C T, R E T A I N R EN EW, P R O F ITAB L E G R O W T H FROM 30% TO 90% AND DEVELOP REFRESH OF THE HRI MARKET • Improve
Slide 6: Q2 2023 Sales and Profitability
Q2 2023 SALES AND PROFITABILITY +19.0% DISTRIBUTION SALES UP BY 25.6% $164.2M WHOLESALE SALES UP BY 1.7% $138.0M CONSOLIDATED • Higher volume; • New chains and street customers; SALES • Impact of rising inflation estimated at 6.0%. Q2 2022 Q2 2023 +16.1% $9.3M $8.0M Higher adjusted EBITDA(1) in 2023
Slide 7: Q2 2023 Net Earnings and Cash Flow Trend
Q2 2023 NET EARNINGS AND CASH FLOW TREND Net earnings improved to $2.3M ($0.02 per share), from NET a net earnings of $1.7M ($0.02 per share) EARNINGS • Higher EBITDA (1) ; • Improving operational leverage leading to better fixed cost absorption. Cash flows generated amounted to $11.3M, up from $-1.
Slide 8: Q2 2023 Net Debt and Leverage Ratio Trend
Q2 2023 NET DEBT AND LEVERAGE RATIO TREND -$0.5M Net debt decreased to $47.3M, down from $47.8M at Q4 $47.8M $47.3M 2022 NET DEBT (1) • Increase of cash on hand; • Use of credit facility for $3.3M. Q4 2022 Q2 2023 Leverage ratio down at 2.0x • Contribution of higher Adjusted EBITDA; 2.3x 2.0x • Inve
Slide 9: Q2 2023 Financial Highlights
Q2 2023 FINANCIAL HIGHLIGHTS 12-week period 24-week period (in thousands of dollars, except percentages, per share data and 2023 2022 2023 2022 financial leverage ratio) Sales from continuing operations 164,186 137,986 298,109 235,155 (1) Adjusted EBITDA 9,294 8,006 14,868 10,319 (1) Adjusted EBITDA
Slide 10: Share Information
SHARE INFORMATION (TSX: GCL) LAST 52 WEEKS STOCK PRICE (as at July $0.92 24th, 2023) 52-week low-high $0.68 - $1.02 Number of shares issued 101,986,464 and outstanding Average volume (30 days) 79k Market capitalization $93.8M Institutional and ≈ 35% management ownership Analyst coverage: Kyle McPhee
Slide 11: Non-IFRS Measures
NON-IFRS MEASURES Reconciliation of Net Earnings to Adjusted EBITDA 2023 2022 2023 2022 (in thousands of dollars) 12-weeks 12-weeks 24-weeks 24-weeks Net earnings from continuing operations 2,314 1,690 2,154 37 Income taxes 854 675 747 43 Financial expenses 1,383 979 2,625 1,950 Operating earnings 4
Slide 12: 1620 de Montarville Boulevard
1620 de Montarville Boulevard Boucherville (Québec) J4B 8P4 Canada Phone : 450 449-4911 Fax : 450 449-6180 investors@colabor.com 12