Colabor Group Inc. · OTC:COLFF
Colabor — Q1 2025 Earnings Presentation
12 slides from Colabor's earnings presentation, May 1, 2025
Slide 1: Q1 2025 Results
E A R N I N G S C A L L P R E S E N T AT I O N Q1 2 0 2 5 Q 1 2 0 2 5 R E S U LT S COLABOR GROUP INC.(TSX: GCL) May 1, 2025 Presented by Louis Frenette, President & CEO And Pierre Blanchette, SVP, CFO 1
Slide 2: Forward Looking Statement Disclaimer
FORWARD LOOK I N G STATEMENT DI SCLAI M ER 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 a
Slide 3: Growth and Resiliency
GROWT H AN D RESI LI EN CY Our diversification within the HRI market and investments to grow our presence in Western Quebec allow us to continue to gain market share and mitigate the slowdown in the restaurant industry as well as the anticipated impact of the renewal of the supply agreement with an
Slide 4: February 2025: Strategic Acquisition Would Boost Western Quebec Penetration
F E B R U A RY 2 0 2 5 : S T R AT E G I C A C Q U I S I T I O N W O U L D B O O S T W E S T E R N Q U E B E C P E N E T R AT I O N Consolidat ing our posit ion a s t he la rge st Que be c food dist ribut or in t he provinc e Strategic Rationale Transaction Highlights: • Accelerates Colabor’s growth
Slide 5: Maintains a Healthy Customer Mix
M A I N TA I N S A H E A LT H Y C U S T O M E R M I X Alim plus Ac quisit ion PROFORM A Cha nne l Dive rsific at ion Re sult ing Com binat ion 3 ,0 0 0 H RI c ust om e rs 1 1 ,0 0 0 H RI c ust om e rs Others Wholesale (down Institutions from 24%) 2% 14% Restaurants 18% (82% from independents) Hotels
Slide 6: First Quarter 2025 Highlights
FI RST QUART ER 2 0 2 5 H I GH LI GH T S Q1 2 0 2 5 SALES AN D PROFI TABI LI T Y DISTRIBUTION SALES UP BY 3.0% 0.4% WHOLESALE SALES DOWN BY 3.8% $131.2M $131.7M • Higher distribution volume; • New clients; CON SOLI DAT ED • Assets acquired in March 2024; SALES • Mitigated by the renewal of a supply
Slide 7: Net Loss and Cash Flow Trend
Q1 2 0 2 5 N ET LOSS AN D CASH FLOW T REN D Net loss increased to $4.0M in Q1 2025 ($0.04 per share), N ET from $1.8M in Q1 2024 ($0.02 per share) LOSS • Decrease in adjusted EBITDA (1); • Increase in costs not related to current operations; • Mitigated by an increase in income taxes recovery. Cash
Slide 8: Net Debt and Leverage Ratio Trend
Q1 2 0 2 5 N ET DEBT AN D LEV ERAGE RAT I O T REN D -$0.7M Net debt decreased to $47.1M, from $47.8M at Q4 2024 $47.8M $47.1M • Repayments of credit facility of $5.8M; N ET DEBT (1 ) • Decrease in cash of $5.0M. Q4 2024 Q1 2025 Leverage ratio increased to 2.8x LEV ERAGE 2.4x 2.8x • Decrease of adjus
Slide 9: Financial Highlights
Q1 2 0 2 5 FI N AN CI AL HIGHLIGHTS 12-week period (in thousands of dollars, except percentages, per share data and 2025 2024 financial leverage ratio) Sales from continuing operations 131,702 131,200 (1) Adjusted EBITDA 2,278 4,882 (1) Adjusted EBITDA margin (%) 1.7 3.7 Net loss from continuing ope
Slide 10: Share Information
SH ARE I N FORM AT I ON (TSX: GCL) STOCK PRICE (as at April $0.99 30, 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 $101.0M Institutional and ≈ 35% management ownership Analyst coverage: Corm
Slide 11: Non-IFRS Measures
N ON -I FRS MEASURES First quarter Reconciliation of Net Loss to Adjusted EBITDA 2025 2024 (in thousands of dollars) 12-weeks 12-weeks Net loss from continuing operations (4,022) (1,776) Income taxes recovery (1,428) (616) Financial expenses 2,649 2,589 Operating (loss) earnings (2,801) 197 Expenses
Slide 12: 1601 René-Descartes Street, Suite 103 Saint-Bruno-de-Montarville (Québec) J3V 0A6 Canada
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 12