Dlh Holdings Corp. · NASDAQ:DLHC
Dlh — Q1 2025 Earnings Presentation
12 slides from Dlh's earnings presentation, Feb 6, 2025
Slide 1: FY2025 First Quarter Earnings
FY2025 First Quarter Earnings Three Months Ended 12.31.24 February 6, 2025 1 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 2: Call Participants
Call Participants Zach Parker President and Chief Executive Officer Kathryn JohnBull Chief Financial Officer 2 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 3: Forward-Looking Statements
Forward-Looking Statements “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or DLH`s future
Slide 4: CEO key updates
CEO key updates Fiscal 2025 Q1 Recent C6ISR award provides key to future wins; OASIS award yields immediate and long-term benefit • DLH transformation contributes to critical win, positioning company with assets for future growth and expansion • Operating at the intersection of complex surveillance,
Slide 5: Transformed growth pipeline >$4.0B
Transformed growth pipeline Enhanced capabilities, competitive differentiators accelerate organic growth trajectory Digital Transformation & Cybersecurity (“DTC”) Cross-Cutting Record pipeline of new Systems Engineering & Capabilities Leveraged to Create Solutions business opportunities Integration
Slide 6: Qualified new business roadmap
Qualified new business roadmap Leveraging recent awards and capabilities to win complex, mission-critical work Capability Areas FY2025 (13 items qualified, total value of $0.7B) FY2026 (26 items qualified, total value of $1.9B) Representative Opportunities from Across Our Qualified Pipeline: Current
Slide 7: Financials
Financials Kathryn JohnBull, Chief Financial Officer 7 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 8: Q1 FY25 results
Q1 FY25 results $ millions Revenue EBITDA Cash from Operations $11.1 $97.9 $9.9 $90.8 5.1 FY24Q1 FY25Q1 -11.5 FY24Q1 FY25Q1 FY24Q1 FY25Q1 $63.2 million TPS1 $56.7 million TPS + Scaled variable indirect costs - Short-term collections lag (expected to resolve in Q2) - Small business unbundling + Contr
Slide 9: Capital allocation
Capital allocation Focused on debt reduction and organic growth Total debt of $167.0 million as of December 31, 2024 • Increased borrowing to meet short-term capital needs • Short term lag in collections expected to unwind in Q2 • Remain confident that 50 – 55% of EBITDA will convert to debt reducti
Slide 10: Your Mission is Our Passion
Your Mission is Our Passion 10 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 11: Appendix
Appendix 11 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 12: Non-GAAP Reconciliations
Non-GAAP Reconciliations This document contains non-GAAP financial information including EBITDA and EBITDA as a percent of revenue which are not recognized measurements under accounting principles generally accepted in the United States, or GAAP, and when analyzing our performance investors should (