Slide 1: Q4 and FY 2021 Earnings Conference Call
Q4 and FY 2021 Earnings Conference Call March 24, 2022 Networking and Core Infrastructure Solutions for Canadian Businesses
Slide 2: Forward-Looking Information
Forward-Looking Information 2 This presentation includes certain forward-looking statements that are made as of the date hereof and are based upon current expectations, which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All
Slide 3: Non-GAAP Measures
Non-GAAP Measures 3 Adjusted EBITDA ARPU The term “ARPU” refers to the Company’s average revenue per customer per month in the period. The The term “EBITDA” refers to earnings before deducting interest, taxes, depreciation and amortization. The Company believes that ARPU is useful supplemental infor
Slide 4: Andy Ramsey
4 Andy Ramsey VP Finance and Interim Chief Financial Officer
Slide 5: Connectivity Revenue
2014 Connectivity All $ figures in CAD millions Q1 2020 $7.5 Q2 2020 $7.4 Q3 2020 $7.1 Q4 2020 $6.7 Q1 2021 $6.7 Q2 2021 $6.6 Connectivity Revenue Q3 2021 $6.5 Q4 2021 $6.5 5
Slide 6: Key Operating Metrics
Key Operating Metrics 6 Backlog Monthly Recurring Revenue ($) Average Revenue Per User ($) Churn Rate (%) Connectivity Connectivity Connectivity $129,676 $131,078 $126,834 $102,911 1.4% 1.4% $1,057 $1,039 $1,032 $1,026 $1,043 $110,481 1.3% 0.9% 0.7% Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q4'20 Q1'21 Q2'21 Q3
Slide 7: Full Year 2021 Financial Highlights
Full Year 2021 Financial Highlights 7 Total Revenue ($ millions) $45.4 $43.3 FY'20 FY'21 20 Net Loss ($ millions) 20 Adjusted EBITDA ($ millions) 18 18 $15.9 16 $15.2 16 14 14 $12.0 12 12 10 $8.3 10 8 8 6 6 4 4 2 2 0 0 FY'20 FY'21 FY'20 FY'21
Slide 8: Capital Expenditures & Liquidity
Capital Expenditures & Liquidity 8 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 7.00 30.0% Cash from Operations ($ millions) 6.00 Capital Expenditures ($ millions) 25.0% 21.2% 20.6% 5.00 20.0% $2.6 $2.5 $2.3 $2.2 4.00 13.8% 13.7% $2.0 12.6% 15.0% 3.00 $2.3 $2.2 10.0% 2.00 $1.5 $1.5 $1.3 5.0% 1.00 0.00 0.0% Q4'20 Q
Slide 9: TeraGo
TeraGo