Colabor Group Inc. · OTC:COLFF
Colabor — Q2 2024 Earnings Presentation
13 slides from Colabor's earnings presentation, Jul 24, 2024
Slide 1: Q2 2024 Results
Q 2 2 0 2 4 R E S U LT S COLABOR GROUP INC.(TSX: GCL) July 24, 2024 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 • Phase II of our Turnaround • Evolution of our Strategic Plan • Financial results • Share information 3
Slide 4: Phase II of Our Turnaround
PHASE II OF OUR TURNAROUND Implementation of strategic initiatives helped mitigating the effect of the reduction in consumer spending affecting the restaurant and retail industries in Q2 2024 results: • 1.8% decrease in revenue; A diversified clientele across the distribution activities, • 3% increa
Slide 5: New Hybrid Facility (St-Bruno, Quebec)
N E W H Y B R I D FA C I L I T Y ( S T- B R U N O , Q U E B E C ) Developments of the new hybrid Distribution / Wholesale facility: • Certain chain customers are served from the new facility, service levels are maintained; • At the end of Q2, Western Quebec customers, previously served from our faci
Slide 6: Evolution of the 5-Years Strategic Plan
E VO LU 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 TA I N RENEW, P R O F I TAB L E G R O W T H FROM 30% TO 90% AND DEVELOP REFRESH OF THE HRI MARKET • Improve customer & product • HR focus on at
Slide 7: Second Quarter 2024 Highlights
SECOND QUARTER 2024 HIGHLIGHTS Q2 2024 SALES AND PROFITABILITY -1.8% DISTRIBUTION SALES UP BY 0.7% WHOLESALE SALES DOWN BY 8.4% $164.2M $161.3M • Higher distribution volume; CONSOLIDATED • New territories; SALES • Impact of inflation estimated at 1.5%; • Assets acquired in March 2024; • Lower sales
Slide 8: Q2 2024 Net Earnings and Cash Flow Trend
Q2 2024 NET EARNINGS AND CASH FLOW TREND Net earnings decreased to $1.7M ($0.02 per share), from a net NET earnings of $2.3M ($0.02 per share) EARNINGS • Increase in EBITDA (1); • Increase in depreciation and amortization, and finance expenses related to the increase in lease obligations, particular
Slide 9: Q2 2024 Net Debt and Leverage Ratio Trend
Q2 2024 NET DEBT AND LEVERAGE RATIO TREND -$5.5M $61.5M $56.0M Net debt decreased to $56.0M, from $61.5M at Q4 2023 • Increase of cash; NET DEBT (1) • Repayments of credit facility of $1.3M. Q4 2023 Q2 2024 Leverage ratio decreased to 2.1x LEVERAGE 2.4x 2.1x • Decrease of net debt. RATIO(2) Q4 2023
Slide 10: Q2 2024 Financial Highlights
Q2 2024 FINANCIAL HIGHLIGHTS 12-week period 24-week period (in thousands of dollars, except percentages, per share data and 2024 2023 2024 2023 financial leverage ratio) Sales from continuing operations 161,278 164,186 292,478 298,109 (1) Adjusted EBITDA 9,718 9,294 14,600 14,868 (1) Adjusted EBITDA
Slide 11: Share Information (TSX: GCL)
SHARE INFORMATION (TSX: GCL) LAST 52 WEEKS STOCK PRICE (as at July $1.27 22, 2024) 52-week low-high $0.88 - $1.33 Number of shares issued 101,986,464 and outstanding Average volume (30 days) 35k Market capitalization $129.5M Institutional and ≈ 40% management ownership Analyst coverage: Kyle McPhee,
Slide 12: Non-IFRS Measures
NON-IFRS MEASURES Second quarter Reconciliation of Net Earnings (Loss) to Adjusted EBITDA 2024 2023 2024 2023 (in thousands of dollars) 12-weeks 12-weeks 24-weeks 24-weeks Net earnings (loss) from continuing operations 1,679 2,314 (97) 2,154 Income taxes (recovery) 555 854 (61) 747 Financial expense
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