Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q3 2022 Earnings Presentation
12 slides from Bombardier Inc. Class A's earnings presentation, Nov 3, 2022
Slide 1: Financial Results
Financial Results For the third quarter ended September 30th, 2022 November 3rd, 2022
Slide 2: Caution Regarding Forward-Looking Statements
CAUTION REGARDING FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, anticipations and outlook or guidance in respect of various financial and global metrics and sources of contributi
Slide 3: Revenues
REVENUES For the three-month periods ended September 30th REVENUES AIRCRAFT REVENUES1 DISTRIBUTION1 DELIVERIES 26% $1.45B $1.46B 12 25 13 74% Q3 2021 Q3 2022 Manufacturing & Other Aftermarket Large Medium Note: Chart data may not be to scale. 3 1. Includes continuing operations only.
Slide 4: Earnings
EARNINGS For the three-month periods ended September 30th ADJUSTED ADJUSTED REPORTED EBITDA1, 2 EBIT1, 2 EBIT1 1, 3 1, 3 1, 4 and Adjusted EBITDA margin and Adjusted EBIT margin and Reported EBIT margin $210M $142M 14.4% $145M $125M 9.8% 8.6% 10.0% $49M $48M 3.4% 3.3% Q3 2021 Q3 2022 Q3 2021 Q3 2022
Slide 5: Free Cash Flow and EPS
FREE CASH FLOW AND EPS For the three-month periods ended September 30th TOTAL FCF1, 2 ADJUSTED EPS1, 4, 5 Q3 2022 $(0.10) $(1.05) Q3 2021 Q3 2022 DILUTED EPS1, 5 $0.20 Cash flows Capex1, 3 Free cash from operating flow1, 2 $(3.97) activities1 Q3 2021 Q3 2022 Note: Chart data may not be to scale. 1.
Slide 6: Slide 6
Slide 7: Financial Performance
FINANCIAL PERFORMANCE For the three-month periods ended September 30th Q3 2022 Q3 2021 Variance Revenues(1) $1,455 $1,449 -% Adjusted EBITDA(1)(2) $210 $142 48% Adjusted EBITDA margin(1)(3) 14.4% 9.8% 460 bps Adjusted EBIT(1)(2) $125 $49 155% Adjusted EBIT margin(1)(3) 8.6% 3.4% 520 bps EBIT(1) $145
Slide 8: Caution Regarding Non-GAAP and Other Financial Measures
CAUTION REGARDING NON-GAAP AND OTHER FINANCIAL MEASURES 8
Slide 9: Caution Regarding Non-GAAP and Other Financial Measures
CAUTION REGARDING NON-GAAP AND OTHER FINANCIAL MEASURES Non-GAAP and other financial measures are measures mainly derived from the consolidated financial statements but are not standardized financial measures under the financial reporting framework used to prepare our financial statements. Therefore
Slide 10: Caution Regarding Non-GAAP and Other Financial Measures
CAUTION REGARDING NON-GAAP AND OTHER FINANCIAL MEASURES Adjusted EPS Adjusted EPS is defined as the adjusted net income (loss) attributable to equity shareholders of Bombardier Inc., divided by the weighted-average diluted number of common shares for the period. Management uses adjusted EPS for purp
Slide 11: Reconciliation of Non-GAAP and Other Financial Measures
RECONCILIATION OF NON-GAAP AND OTHER FINANCIAL MEASURES 1. Includes continuing operations only. 2. Refer to the Consolidated results of operations section for details regarding special items. 3. As of June 13, 2022, Bombardier proceeded with a share consolidation of the Corporation’s Class A shares
Slide 12: Reconciliation of Non-GAAP and Other Financial Measures
RECONCILIATION OF NON-GAAP AND OTHER FINANCIAL MEASURES 1. Includes continuing operations only. 2. Refer to the Consolidated results of operations section for details regarding special items. 3. As of June 13, 2022, Bombardier proceeded with a share consolidation of the Corporation’s Class A shares