Dexterra Group, Inc. · TSX:DXT
Dexterra — Investor Presentation (May 2025)
30 slides from Dexterra's investor presentation, May 2025
Slide 1: Investor Presentation May 2025
INVESTOR PRESENTATION May 2025
Slide 2: Cautionary Statement
Cautionary Statement business; inability to restore or replace critical capacity in a timely manner; reputational, competitive and financial risk related to cyber-attacks and breaches; failure to effectively identify and manage disruptive technology; economic downturns can reduce demand for Dexterra
Slide 3: Company Overview (TSX:DXT)
COMPANY OVERVIEW: (TSX:DXT) What we do Powered by passionate people, we deliver quality services and solutions for the management and operation of infrastructure. Market Capitalization $500 million $570 million Market capitalization Enterprise value 62.3 million 50%+ (1) Shares outstanding owned by
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS Established provider Market leader in Low Capital, Profitable, Operating of Facilities diversified remote Business Model Management in a services and large and growing Workforce North American Accommodations outsourced services in Canada Strong Annual Cash Flow & market Balance
Slide 5: Our Business
OUR BUSINESS Remote & Hospitality Services Creating Client Value Through a Fully Integrated Diverse Services Platform Facility Solutions Workforce Support Services Accommodation Structures • Fully Integrated Facility Solutions – includes asset life cycle management, building automation, energy manag
Slide 6: Support Services
SUPPORT SERVICES WHERE WE KEY CLIENT DO BUSINESS SECTORS: • Aviation • Commercial • Industrial • Government • Defence & Security • Education • Healthcare • Hotels & Leisure • Natural Resources • Rail / Transit • Retail 6
Slide 7: Asset-Based Services
ASSET-BASED SERVICES WHERE WE KEY CLIENT DO BUSINESS SECTORS: • Mining • Energy • Infrastructure • Government agencies 7
Slide 8: An Expanding Platform
AN EXPANDING PLATFORM • Large and growing Support Services market North American Market Outlook (in USD Billions) • Building out our North American footprint • Strategic focus on integrated facility management • Capital-light, scalable model • Diverse base of over 400 clients • Investing in sales ca
Slide 9: Our Competitive Advantage
OUR COMPETITIVE ADVANTAGE • Long history and established base of delivering single- service FM and complex IFM contracts • Market leader of Workforce Accommodations in Canada • Community engagement, 80+ indigenous partnerships • Diversified clientele across a breath of sectors Powered by People Inno
Slide 10: Financial Performance
FINANCIAL PERFORMANCE (1) Excludes the results of the Modular Solutions business (“Modular”) which was sold August 30, 2024. (2) Adjusted EBITDA is a non-GAAP financial measure. (3) 2023 results included unusually large wildfire support services. 10
Slide 11: Progress in 2024
PROGRESS IN 2024 ◦ Record revenue and Adjusted Revenue Trend (1) (in millions) Adjusted EBITDA Trend(1)(2) (in millions) EBITDA ◦ Positive returns to Shareholders ◦ Repositioning to Support Services and Asset Based Services ◦ Increased Support Services scale and profitability ◦ Acquired CMI Manageme
Slide 12: Progress on 2025 Business Plan
PROGRESS ON 2025 Revenue Trend ($M) BUSINESS PLAN Q1 Highlights ◦ Continued robust activity levels ◦ Consistent margins ◦ $13 million returned to shareholders Adjusted EBITDA(1) Trend ($M) ◦ 15% Return on Equity ◦ Business story resonating (1) Adjusted EBITDA is a non-GAAP financial measure. Refer t
Slide 13: Financial Strength and Well-Financed
FINANCIAL STRENGTH AND Free Cash Flow (FCF) Conversion of Adjusted EBITDA from WELL-FINANCED Continuing Operations $107 • Credit facility ($260m + $150m 80% accordion) provides flexibility 70% • FCF conversion >50% 60% • Capital Allocation Priorities 50% • Maintain the dividend • Sustaining and limi
Slide 14: Our Strategy and Vision Going Forward
OUR STRATEGY Aspirational Growth Goal AND VISION GOING and Business Mix FORWARD ~85%-90% ~60%-65% ◦ Building our Support Services platform – technology-enabled, scalable, capital-light, EBITDA margins REVENUE EBITDA ◦ Supporting a leading high-margin remote and $1.6B $150M (1) ABS business ~35%- 40%
Slide 15: Our Near-Term Priorities
OUR NEAR-TERM PRIORITIES Deliver revenue growth, expand integrated facilities management pipeline, and enhance profitability ◦ Strong Operating Performance o Support Services organic growth o IFM Acquisitions o Maintain high utilization and margins in Asset Based services ◦ Manage tariff impacts and
Slide 16: Appendix
Appendix
Slide 17: Executive Leadership Team
EXECUTIVE LEADERSHIP TEAM Mark Becker Chief Executive Officer 7 years @ Dexterra 30+ years industry Jeff Litchfield Denise Achonu Sanjay Gomes President, Remote & Hospitality Chief Financial Officer President, Facilities Management Services 1.5 years @ Dexterra 3 years @ Dexterra 12 years @ Dexterra
Slide 18: Board of Directors
BOARD OF DIRECTORS (1) Audit Committee Member (2) Corporate Governance and Compensation Committee Member (3) Enterprise Risk Management Committee Member 18
Slide 19: The Core Values We Live By
THE CORE VALUES WE LIVE BY Accountability Diversity We don’t just walk by. We own our Everyone has a voice. Sharing successes and failures. If we see is how we learn. It’s how we something wrong, we act to make progress and move resolve it. If we see something forward as a team. right, we celebrate
Slide 20: Our Culture
Our Culture We focus on long-term value. We are entrepreneurial – we think like owners, act with initiative, and take smart risks. We operate in a decentralized model with accountability. We encourage share ownership and believe in performance-based rewards. We believe in open communication – no pol
Slide 21: Guiding Principles
GUIDING PRINCIPLES Client-centric approach Sustainable, long-term profitable growth Decentralized model Focus on continuous improvement Disciplined financial management and well financed Promote safety culture Support indigenous relationships & Strong shareholder returns and stakeholder value Strong
Slide 22: Technology and Innovation
TECHNOLOGY AND INNOVATION • Integrated platforms, where analytics and insights converge, validating service performance • Asset and lifecycle management • Predictive labour optimization • Autonomous & robotic cleaning equipment Reducing client costs and unplanned disruptions 22 22
Slide 23: Support Services Strategy
SUPPORT SERVICES STRATEGY IFM is a Key Driver of Growth Fully Integrated • Strong organic growth prospects Relationships • Technology enabled Investments • Investment in the resources and tools necessary for accelerated organic growth and the delivery of a multi-year acquisition program to increase
Slide 24: Our Support Services Contracts
OUR SUPPORT SERVICES CONTRACTS Typical nature of contracts Service Types Pricing Models Integrated Single service and Ranges from fixed price, cost- Complex, multi-service contract that complex multi-service reimbursable, and schedule of rates. consolidates all FM services into one Most contracts pr
Slide 25: Asset-Based Services Strategy
ASSET-BASED SERVICES STRATEGY Key Drivers of Growth Maintain & Build • Strong relationships with key institutions and Market Share partners in the natural resource sector • Protect our foundation, grow market share and position by delivering great service Explore • Assess expansion of operations, tu
Slide 26: Please see Dexterra Group's 2024 Sustainability report
Please see Dexterra Group’s 2024 Sustainability report on our website for more details. 26
Slide 27: Community & Stakeholders
COMMUNITY & STAKEHOLDERS • Indigenous Partnerships • Dexterra Stronger Communities >80 • Direct company giving (1%-2% of net Indigenous income) Partnerships • Employee volunteering • Educational partnerships $13+ million In Annual • Employer-matching donation program for Partnership Business wildfir
Slide 28: Awards & Certifications
AWARDS & CERTIFICATIONS 2023 WINNER REPORT ON BUSINESS FEAA CANADES TOF GROWS WIN NER PAIR BRONZE ey PARTNERSHIP ACCREDITATION AY EET ONS 28
Slide 29: Recent M&A Activity
RECENT M&A ACTIVITY January 2022 January 2023 February 2024 August 2024 Acquired Dana Hospitality LP for $31.5 million. This transaction Acquired VCI Controls Inc., Acquired CMI Management LLC Sold our Modular brought an established and for $4.2 million which (“CMI”) for US$23 million. This Solution
Slide 30: We've been serving North American clients for over 75 years
We’ve been serving North American clients for over 75 years. The companies that began independently, and now form Dexterra Group, have an outstanding record of supporting the infrastructure and built assets that play a vital role in our society. We bring the right teams with the right skills togethe