Slide 1: Q3 2024 Results
Q 3 2 0 2 4 R E S U LT S COLABOR GROUP INC.(TSX: GCL) October 17, 2024 1
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT DISCLAIMER 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 assist
Slide 3: Content
CONTENT • Phase II of our Turnaround • Evolution of our Strategic Plan • Financial results • Share information 3
Slide 4: Phase II of Our Turnaround
PHASE II OF OUR TURNAROUND Implementation of strategic initiatives helped mitigating the effect of the reduction in consumer spending affecting the restaurant and retail industries in Q3 2024 results: • 1.6% decrease in revenue; A diversified clientele across the distribution activities, • 1,8% decr
Slide 5: New Hybrid Facility (St-Bruno, Quebec)
N E W H Y B R I D FA C I L I T Y ( S T- B R U N O , Q U E B E C ) Developments of the new hybrid Distribution / Wholesale facility: • Certain chain customers are served from the new facility, service levels are maintained; • Since the end of Q2, Western Quebec customers, previously served from our f
Slide 6: Evolution of the 5-Year Strategic Plan
E VO L U T I O N O F T H E 5 - Y E A R S T R AT E G I C P L A N P R O F I TA B I L I T Y GROWTH PEOPLE BRAND G E N E R AT E POTENTIAL REACH AT T R A C T, R E T A I N R EN EW, P R O F ITAB L E G R O W T H FROM 30% TO 90% AND DEVELOP REFRESH OF THE HRI MARKET • Improve customer & product • HR focus on
Slide 7: Third Quarter 2024 Highlights
THIRD QUARTER 2024 HIGHLIGHTS Q3 2024 SALES AND PROFITABILITY -1.6% DISTRIBUTION SALES UP BY 1.5% WHOLESALE SALES DOWN BY 10.1% $164.7M $162.0M • Higher distribution volume; CONSOLIDATED • New territories; SALES • Impact of inflation estimated at 1.1%; • Assets acquired in March 2024; • Lower sales
Slide 8: Q3 2024 Net Earnings and Cash Flow Trend
Q3 2024 NET EARNINGS AND CASH FLOW TREND Net earnings decreased to $1.1M in Q3 2024 ($0.01 per NET share), from $3.5M in Q3 2023 ($0.03 per share) EARNINGS • Decrease in EBITDA (1); • Increase in finance expenses related to the increase in lease obligations, particularly the one for our premises loc
Slide 9: Q3 2024 Net Debt and Leverage Ratio Trend
Q3 2024 NET DEBT AND LEVERAGE RATIO TREND -$10.8M $61.5M $50.7M Net debt decreased to $50.7M, from $61.5M at Q4 2023 • Repayments of credit facility of $5.5M; NET DEBT (1) • Increase of cash. Q4 2023 Q3 2024 Leverage ratio decreased to 2.6x LEVERAGE 2.7x 2.6x RATIO(2) • Decrease of net debt. Q4 2023
Slide 10: Q3 2024 Financial Highlights
Q3 2024 FINANCIAL HIGHLIGHTS 12-week period 36-week period (in thousands of dollars, except percentages, per share data and 2024 2023 2024 2023 financial leverage ratio) Sales from continuing operations 162,034 164,700 454,512 462,809 (1) Adjusted EBITDA 9,484 11,034 24,084 25,902 (1) Adjusted EBITD
Slide 11: Share Information
SHARE INFORMATION (TSX: GCL) STOCK PRICE (as at $1.39 October 15, 2024) LAST 52 WEEKS 52-week low-high $1.05 - $1.52 Number of shares issued 102,013,442 and outstanding Average volume (30 days) 96k Market capitalization $141.8M Institutional and ≈ 40% management ownership Analyst coverage: Cormark S
Slide 12: Non-IFRS Measures
NON-IFRS MEASURES Third quarter Reconciliation of Net Earnings to Adjusted EBITDA 2024 2023 2024 2023 (in thousands of dollars) 12-weeks 12-weeks 36-weeks 36-weeks Net earnings from continuing operations 1,164 3,539 1,067 5,693 Income taxes 591 1,362 530 2,109 Financial expenses 2,823 1,271 8,196 3,
Slide 13: Contact
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 13