Slide 1: Q4 F2024 Earnings Call
Q4 F2024 Earnings Call November 28, 2024
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. We may use words such as “anticipate”, “may”, “will”, “should”, “expect”, “believe", "estimate", “5-year target” and similar expressions to ide
Slide 3: Operations Review
Darren Kirk Chief Executive Officer Operations Review
Slide 4: Q4 F2024 Operations Overview – Automotive Solutions
Q4 F2024 Operations Overview Key Highlights in the Quarter – Automotive Solutions • Overall industry vehicle production estimated down 5% in N.A and down 6% in Europe vs prior year quarter • Production curtailed in response to rising dealer inventory levels; Scheduling was a challenge through the qu
Slide 5: Q4 F2024 Operations Overview – Casting and Extrusion
Q4 F2024 Operations Overview Key Highlights in the Quarter – Casting and Extrusion • Segment revenue was up C$3.7M/ 5% year over year • Segment EBITDA was C$13.3M compared to C$11.8M last year, with the segment margin improving from 16% to 18% • Strong ongoing demand for new HPDC moulds and rebuilds
Slide 6: Financial Review
Matthew Posno Chief Financial Officer Financial Review
Slide 7: Q4 F2024 Financial Overview
Q4 F2024 Financial Overview Consolidated Results Versus Prior Year Period • Revenue of $155.4M; down 3% compared to $160.2M last year • Modestly higher C&E segment revenues more than offset by decline in Auto Solutions segment • Lower automotive production in North America and Europe with short-noti
Slide 8: Q4 F2024 Financial Overview
Q4 F2024 Financial Overview Consolidated Results Versus Prior Year Period • Casting and Extrusion segment revenues up 5% and EBITDA up 13% (Margin increased to 18% from 16%) • Automotive Solutions segment revenues down 10% and EBITDA down 22% (Margin decreased to 12% from 14%) • EPS of $0.20 versus
Slide 9: Consolidated Revenue Reconciliation
Q4 F2024 Financial Overview Consolidated Revenue Reconciliation C$ Millions 160 (8) 4 155 Q4 F23 Automotive Solutions Casting & Extrusion Q4 F24 EXCO TECHNOLOGIES LIMITED | 9
Slide 10: Consolidated EBITDA Reconciliation
Q4 F2024 Financial Overview Consolidated EBITDA Reconciliation C$ Millions 22.9 (2.7) 1.5 (1.1) 20.6 Q4 F23 Automotive Solutions Casting & Extrusion Corporate Q4 F24 EXCO TECHNOLOGIES LIMITED | 10
Slide 11: Automotive Solutions Segment
Automotive Solutions Segment Segment EBITDA decrease due to higher labour and severance costs as well as lower sales C$ Millions C$ Millions Revenue Segment EBITDA Margin Segment EBITDA 15% (10%) (1.9%) 7 (23%) 80 . 10 60 10% 40 5 5% 20 0 0% 0 Q4 F23 Q4 F24 Q4 F23 Q4 F24 Q4 F23 Q4 F24 EXCO TECHNOLOG
Slide 12: Casting & Extrusion Segment
Casting & Extrusion Segment Segment margins increased due to product mix and good operating performance C$ Millions C$ Millions Revenue Segment EBITDA Margin Segment EBITDA 5% 20% 14 13% 80 1.2% 12 60 15% 10 8 40 10% 6 4 20 5% 2 0 0% 0 Q4 F23 Q4 F24 Q4 F23 Q4 F24 Q4 F23 Q4 F24 EXCO TECHNOLOGIES LIMI
Slide 13: Financial Leverage & Liquidity
Financial Leverage & Liquidity Balance Sheet net leverage of 0.9x as at September 30, 2024 Exco Net Debt • LTM EBITDA of C$82.2M Long Term Debt Bank Indebtedness/ Other • C$150M committed revolver matures March 31.6 Cash 2027 • Balance sheet net debt of $73.4M C$ Millions • C$47M of Liquidity 105 •
Slide 14: Questions
Questions EXCO TECHNOLOGIES LIMITED | 14
Slide 15: Exco – Precision in Motion
Excoy Precision in Motion