Colabor Group Inc. · OTC:COLFF
Colabor — Q4 2024 Earnings Presentation
13 slides from Colabor's earnings presentation, Feb 26, 2025
Slide 1: Earnings Call Presentation Q4 & Fiscal 2024
E A R N I N G S C A L L P R E S E N TAT I O N Q 4 & FISCAL 2024 Fo r t h e 1 6 - we e k p e r i o d a n d ye a r ended December 28, 2024 COLABOR GROUP INC.(TSX: GCL) February 26, 2025 Presented by Louis Frenette, President & CEO And Pierre Blanchette, SVP, CFO 1
Slide 2: Forward Looking Statement Disclaimer
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: Growth and Resiliency in Q4
GROWTH AND RESILIENCY IN Q4 Our diversification within the HRI market and investments to grow our presence in Western Quebec Ending the year in a strong financial situation and healthy contributed to offsett headwinds in the restaurant cashflows provided us with the means to accelerate our channel.
Slide 4: Ramp Up of the New Hybrid Facility (St-Bruno, Quebec)
R A M P U P O F T H E N E W H Y B R I D FA C I L I T Y ( S T- BRUNO, QUEBEC) 2024 ramp-up of the new hybrid Distribution / Wholesale facility: • Q1: chain customers started being served from the new facility. • Q2: Western Quebec customers, previously served from our facility in Eastern Quebec are s
Slide 5: February 2025: Strategic Acquisition Boosts Western Quebec Penetration
F E B R UA RY 2 0 2 5 : S T R AT E G I C A C Q U I S I T I O N B O O S T S W E S T E R N Q U E B E C P E N E T R AT I O N Consolidating our position as the largest Quebec food distributor in the province Strategic Rationale Transaction Highlights: • Accelerates Colabor’s growth trajectory and profit
Slide 6: Maintains a Healthy Customer Mix
M A I N TA I N S A H E A LT H Y C U S TO M E R M I X Alimplus Acquisition PROFORMA Channel Diversification Resulting Combination 3,000 HRI customers 11,000 HRI customers Others Wholesale (down Institutions from 25%) 2% 14% Restaurants 18% (82% from independents) Hotels 1% $225M Other 4% $882M 43% Re
Slide 7: Fourth Quarter 2024 Highlights: Q4 2024 Sales and Profitability
FOURTH QUARTER 2024 HIGHLIGHTS Q4 2024 SALES AND PROFITABILITY 3.2% DISTRIBUTION SALES UP BY 5.6% WHOLESALE SALES DOWN BY 3.8% $196.3M $202.6M • Higher distribution volume; CONSOLIDATED • New territories; SALES • Impact of inflation estimated at 1.9%; • Assets acquired in March 2024; • Lower sales v
Slide 8: Q4 2024 Net Earnings and Cash Flow Trend
Q4 2024 NET EARNINGS AND CASH FLOW TREND Net earnings increased to $0.6M in Q4 2024 ($0.01 per share), from $0.4M in Q4 2023 ($nil per share) NET • Decrease in depreciation and amortization expenses and EARNINGS costs not related to current operations; • Mitigated by an increase in finance expenses
Slide 9: Q4 2024 Net Debt and Leverage Ratio Trend
Q4 2024 NET DEBT AND LEVERAGE RATIO TREND -$13.7M $61.5M Net debt decreased to $47.8M, from $61.5M at Q4 2023 $47.8M • Repayments of credit facility of $7.3M; NET DEBT (1) • Increase of cash of $6,4M. Q4 2023 Q4 2024 Leverage ratio decreased to 2.4x LEVERAGE 2.7x 2.4x • Decrease of net debt. RATIO(2
Slide 10: Q4 2024 Financial Highlights
Q4 2024 FINANCIAL HIGHLIGHTS 16-week period 52-week period (in thousands of dollars, except percentages, per share data and 2024 2023 2024 2023 financial leverage ratio) Sales from continuing operations 202,581 196,320 657,093 659,129 (1) Adjusted EBITDA 11,296 11,652 35,380 37,554 (1) Adjusted EBIT
Slide 11: Share Information (TSX: GCL)
SHARE INFORMATION (TSX: GCL) STOCK PRICE (as at $0.94 February 24, 2025) LAST 52 WEEKS 52-week low-high $0.79 - $1.52 Number of shares issued 102,013,442 and outstanding Average volume (30 days) 122k Market capitalization $95.9M Institutional and ≈ 35% management ownership Analyst coverage: Cormark
Slide 12: Non-IFRS Measures
NON-IFRS MEASURES Reconciliation of Net Earnings to Adjusted EBITDA 2024 2023 2024 2023 (in thousands of dollars) 16-weeks 16-weeks 52-weeks 52-weeks Net earnings from continuing operations 548 354 1,615 6,047 Income taxes 209 190 739 2,299 Financial expenses 3,576 2,729 11,772 6,625 Operating earni
Slide 13: Contact details
1601 René-Descartes Street, Suite 103 Saint-Bruno-de-Montarville (Québec) J3V 0A6 Canada Phone : 450 449-4911 Fax : 450 449-6180 investors@colabor.com 13