Slide 1: Q4 2021 highlights
Q4 2021 highlights MARCH 30, 2022
Slide 2: Forward-Looking and Cautionary Statements
FORWARD-LOOKING AND CAUTIONARY STATEMENTS This presentation contains statements that constitute "forward-looking information" within the meaning of Canadian securities laws ("forward-looking statements"), which are based upon our current expectations, estimates, projections, assumptions and beliefs.
Slide 3: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Following the Corporation strategic update, Aimia does not present Non-GAAP financial measures for its consolidated results. However, in order to complement the analysis of the financial performance of its investments, certain Non-GAAP measures are presented. A reconcilia
Slide 4: Presentation of Financial Information
PRESENTATION OF FINANCIAL INFORMATION The financial information of Aimia, PLM, Clear Media, and Kognitiv referred to in this presentation is reported in Canadian dollars (unless otherwise indicated) and have been prepared in accordance with GAAP. The financial information of TRADE X referred to in t
Slide 5: Today's Speakers
TODAY’S SPEAKERS PHIL MITTLEMAN MICHAEL LEHMANN STEVE LEONARD Chief Executive Officer President Chief Financial Officer © 2022 Aimia. All rights reserved. 5
Slide 6: Agenda
AGENDA Strategic Investment Financial highlights highlights highlights © 2022 Aimia. All rights reserved. 6
Slide 7: Strategic Highlights
STRATEGIC highlights PHIL MITTLEMAN
Slide 8: Full Year 2021 Highlights
STRATEGIC HIGHLIGHTS FULL YEAR 2021 HIGHLIGHTS* • Successfully shepherding PLM through Aeromexico’s bankruptcy while receiving over $26 million in dividends in 2021. • Selling our stake in AirAsia’s loyalty program, BIGLIFE, for $22.3 million, realizing a gain of $6.9 million on this transaction, as
Slide 9: Q4 2021 Highlights
STRATEGIC HIGHLIGHTS Q4 2021 HIGHLIGHTS Strategic Objectives Results • PLM: Aimia entered into a binding letter of intent to divest PLM to Aeromexico post Q4 2021. PLM continued to demonstrate strong recovery in its operating performance. Aimia received a distribution of $5.0 million in the fourth q
Slide 10: Capital Allocation Priorities Post PLM Sale
STRATEGIC HIGHLIGHTS CAPITAL ALLOCATION PRIORITIES POST PLM SALE* 1. Accretive Acquisitions: ➢ Aimia intends to utilize the majority of the proceeds from the PLM transaction to pursue controlling stakes in one or more cash generative businesses operating in either the U.S. or Canada to utilize the c
Slide 11: Investment Highlights
INVESTMENT highlights MICHAEL LEHMANN
Slide 12: PLM Member Base and Gross Billings
INVESTMENT HIGHLIGHTS PLM MEMBER BASE AND GROSS BILLINGS Members enrolled (million) 7.3 7.6 6.9 7.0 7.1 7.2 6.8 6.8 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 PLM Gross Billings(1) (million USD) 64.3 57.4 49.6 44.4 37.2 35.5 26.3 20.1 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2
Slide 13: PLM Distributions and Adjusted EBITDA
INVESTMENT HIGHLIGHTS PLM DISTRIBUTIONS AND ADJUSTED EBITDA* (1) PLM Adjusted EBITDA (million USD) 22.3 17.6 14.0 10.2 8.8 11.6 12.4 (3.4) (2) (3) (4) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2020 2020 2020 2020 2021 2021 2021 2021 Distributions paid to Aimia (million CAD) FY 2021: 26.4 FY 2020: 18.3 Temporarily 8.8
Slide 14: PLM Financial Metrics
INVESTMENT HIGHLIGHTS PLM FINANCIAL METRICS* (in millions of U.S. dollars, unless otherwise noted) Operational Metric Q4 2021 Q4 2020 FY 2021 FY 2020 Enrolled members 7.6 7.0 7.6 7.0 Financial Results Q4 2021 Q4 2020 FY 2021 FY 2020 Gross Billings 57.4 37.2 186.9 147.9 Revenue 52.7 35.8 175.4 141.6
Slide 15: Kognitiv Financial Metrics
INVESTMENT HIGHLIGHTS KOGNITIV FINANCIAL METRICS* Revenue(1) (million CAD) 21.3 17.8 14.4 14.0 14.9 13.1 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Adjusted EBITDA(1)(2) (million CAD) (5.7) (3) (8.5) (10.0) (11.4) (12.0) (4) (13.2) Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 *This presentat
Slide 16: Mittleman Investment Management
INVESTMENT HIGHLIGHTS MITTLEMAN INVESTMENT MANAGEMENT Revenue from investment management fees (million CAD) (1) 0.9 0.7 0.6 0.4 0.4 0.5 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Earnings (loss) before income taxes (million CAD) (4) 0.0 (5) 0.1 0.0 (0.1) (0.4)(3) (0.7)(2) Q3 2020 Q4 2020 Q1 202
Slide 17: Clear Media
INVESTMENT HIGHLIGHTS CLEAR MEDIA* Total bus shelter panels Total digital panels 72,000 536 58,000 59,000 61,000 246 276 251 Jun-20 Dec-20 Jun-21 Dec-21 Jun-20 Dec-20 Jun-21 Dec-21 Revenues (million RMB) (1) 0.9 666.6 1,264.7 641.5 623.2 1,035.7 369.1 1H 2020 2H 2020 1H 2021 2H 2021 FY 2020 FY 2021
Slide 18: TRADE X
INVESTMENT HIGHLIGHTS TRADE X Gross Vehicle Sales(1)(2) (million CAD) 275.1 117.6 83.0 73.7 30.5 44.0 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2020 FY 2021 Cars sold (total volumes) 7,845 3,273 3,369 459 744 1,381 Q1 2021 Q2 2021 Q3 2021 Q4 2021 FY 2020 FY 2021 (1)(3) Average selling price per car sold (C
Slide 19: Financial Highlights
FINANCIAL highlights STEVE LEONARD
Slide 20: Consolidated Financial Results
FINANCIAL HIGHLIGHTS CONSOLIDATED FINANCIAL RESULTS (in millions of Canadian dollars) Consolidated Financial Results Q4 2021 Q4 2020 FY 2021 FY 2020 Share of net earnings (loss) of equity-accounted investments (1.7) 3.1 (10.2) 1.4 Net change in fair value of investments in equity instruments (5.5) 6
Slide 21: Holdings Segment Results
FINANCIAL HIGHLIGHTS HOLDINGS SEGMENT RESULTS* (in millions of Canadian dollars) Q4 2021 Q4 2020 FY 2021 FY 2020 Share of net earnings (loss) of equity-accounted investments (1.7) 3.1 (10.2) 1.4 Net change in fair value of investments in equity instruments (5.5) 6.4 11.9 9.5 Interest, dividend and o
Slide 22: Movements in Cash and Cash Equivalents
FINANCIAL HIGHLIGHTS MOVEMENTS IN CASH AND CASH EQUIVALENTS* (in millions of Canadian dollars) (1) (1) (2) *This presentation contains both IFRS and non-GAAP financial measures. (1) A non-GAAP measure. Unrestricted cash as presented on this slide excludes cash held through Precog of $0.1 million as
Slide 23: Appendix
Slide 24: Clear Media Non-GAAP Financial Measure and Reconciliation
APPENDIX CLEAR MEDIA NON-GAAP FINANCIAL MEASURE AND RECONCILIATION TO DIRECTLY COMPARABLE GAAP MEASURE* (in millions of RMB) Six months ended Six months ended Twelve months ended 30-Jun-21 30-Jun-20 31-Dec-21 31-Dec-20 31-Dec-21 31-Dec-20 Income (loss) before tax (54.7) (473.8) 0.7 140.3 (54.0) (333
Slide 25: Investor Relations Contact
INVESTOR RELATIONS CONTACT Tom Tran, MBA Head of Investor Relations and Communications Phone: +1 647 208 2166 Email: tom.tran@aimia.com www.aimia.com