Orbit Garant Drilling Inc. · TSX:OGD
Orbit Garant Drilling — Investor Presentation (May 2025)
19 slides from Orbit Garant Drilling's investor presentation, May 2025
Slide 1: Investor Presentation
May 2025 INVESTOR PRESENTATION TSX: OGD
Slide 2: Cautionary Statements
Cautionary Statements Forward-Looking Information Certain statements contained herein constitute “forward-looking statements” which reflect the current expectations of management regarding the Company’s future growth, results of operations, performance, business prospects and opportunities based on
Slide 3: Company Overview
Company Overview ~ 1,100 Employees 187 Drill Rigs Underground & Surface Drilling Diversified Business Mix (nine months ended March 31, 2025) Customers Regions Resource Exposure 3
Slide 4: Our Competitive Strengths
Our Competitive Strengths Long-standing customer relationships with leading global mining companies Innovator in technology deployment and specialized drilling (surface and underground) Solid balance sheet provides financial flexibility Strong market opportunities 4
Slide 5: Strong Customer Relationships with Global Mining Companies
Strong Customer Relationships with Global Mining Companies Core competitive strengths support long-term customer relationships 5
Slide 6: Full Service Offering with Expertise in Specialized Drilling
Full Service Offering with Expertise in Specialized Drilling Surface Underground Specialized Drilling • Standard diamond coring / core rod • Standard rod / core rod • Drilling projects that are in remote • Standard / reverse circulation and locations or, because of the scope, • AWL - HWL calibre gra
Slide 7: Strategic Plan Delivering Results
Strategic Plan Delivering Results Revenue Adjusted EBITDA 1 Adjusted Gross Net Earnings 2 ($ millions) ($ millions) ($ millions) Margin 1 6.5 21.7% 3.2 48.2 48.4 50.0 6.4 6.2 21.5% 45.3 43.5 19.7% 2.7 5.6 17.6% 16.5% 3.9 2.0 1.5 -1.2 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q3 24
Slide 8: YTD 2025 Financial Review
YTD 2025 Financial Review ($ millions, except margin % and per Nine months ended Nine months ended share amounts) March 31, 2025 March 31, 2024 Revenue 141.9 135.9 Gross profit 20.7 13.6 Adjusted EBITDA1 18.3 8.0 Adjusted Gross Margin1 19.3% 15.3% G&A expenses 12.5 12.2 Net earnings (loss) 7.4 (0.1)
Slide 9: Solid Balance Sheet
Solid Balance Sheet As at As at ($ millions) March 31, June 30, Improving Debt to Adjusted EBITDA Ratio 2025 2024 30 4.00x Total assets 135.4 119.9 24.7 3.50x Total Debt / Adjusted EBITDA Ratio Adjusted EBITDA LTM ($millions) 25 22.4 Total current liabilities 33.4 27.0 3.00x 20 19.1 17.8 2.50x Long-
Slide 10: Declining Gold Reserves Driving Need for Future Drilling
Declining Gold Reserves Driving Need for Future Drilling Major Gold Producers’ Years of Reserves Remaining, 2010 vs. 2019 2010 years remaining 2019 years remaining The mineable reserves of most senior gold producers have dropped sharply, driving the need for significant spending on exploration and m
Slide 11: Rebounding Global Exploration Budgets
Rebounding Global Exploration Budgets Annual nonferrous exploration budgets, 1997-2024 20,000 • 2024 aggregate global nonferrous Exploration Budget (US$ millions) exploration budgets were an estimated US$12.5 billion 15,000 ♦ ~3% decline from 2023 levels • Third highest annual level since 2013 despi
Slide 12: Supportive Commodity Prices
Supportive Commodity Prices Gold Price (USD$) (May 13, 2025) Copper Price (USD$) (May 13, 2025) • Spot gold price reached record high of ~US$3,500 per ounce • Copper traded at record highs above US$5.20 per pound in in May 2025 March 2025 • Current price of gold (~US$3,245) has more than doubled • S
Slide 13: Capacity Available to Deploy Drilling Equipment
Capacity Available to Deploy Drilling Equipment (Average Annual Utilization Rate %) 90% 80% 69% Optimal utilization rate of 70% 62% 63% 60% 50% 58% 56% 54% 58% 59% 55% 57% ~80% 43% 45% 40% 40% 35% Targeting near-term 30% utilization rate of 20% 10% 386* ~70% 0% 2012 2013 2014 2015 2016 2017 2018 201
Slide 14: Investment Highlights
Investment Highlights • Industry leader in mineral drilling innovation and specialized drilling (underground & surface) • Comprehensive infrastructure with turn-key customer solutions and vertically-integrated manufacturing operations • Long-term relationships with leading senior and intermediate mi
Slide 15: Appendix
APPENDIX FORAGE ORBIT GARANT 7ins/ years DRILLING
Slide 16: Capital Market Profile
Capital Market Profile ANALYST COVERAGE: TSX: OGD Recent close (May 12, 2025): $1.40 52-week high / low: $1.63 / $0.47 Market Cap: ~$52 million Shares Outstanding: 37,452,840 Fully Diluted: 39,732,840 Institutional / retail: ~ 40% / 60% (float) Management own approximately 23% of shares outstanding,
Slide 17: Board of Directors
Board of Directors • More than 30 years of experience in capital markets, including senior roles in institutional sales André Pagé ¹ ² • Former Managing Director at Desjardins Capital Markets Chair of the Board • Former Managing Director for Institutional Sales at BMO Capital Markets Pierre Alexandr
Slide 18: Senior Management
Senior Management • Joined Orbit Garant in 2010 • Appointed President & CEO in December 2024 Daniel Maheu • Previously served as Orbit Garant’s Chief Financial Officer (2021 – 2024) President & Chief Executive Officer • Held management positions at transport companies from 1998 to 2010, including Co
Slide 19: Reconciliation of Non-IFRS Financial Measures
Reconciliation of Non-IFRS Financial Measures (unaudited) 3 months ended 3 months ended 9 months ended 9 months ended • “EBITDA” and “Adjusted EBITDA”: EBITDA is defined as net earnings (in millions of dollars) March 31, 2025 March 31, 2024 March 31, 2025 March 31, 2024 (loss) before interest, taxes
Orbit Garant Drilling — Investor Presentation (May 2025) on 6ix