Black Diamond Group Limited · TSX:BDI
Black Diamond — LodgeLink — Investor Presentation (August 2025)
17 slides from Black Diamond's investor presentation, Aug 11, 2025
Slide 1: Investor Update August 2025
aad LODGELINK INVESTOR UPDATE August 2025
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements. The use of the words “anticipate”, “continue”, “estimate”, “expect”, “will”, “project”, “should”, “believe”, “intend” and similar expressions identify forward-looking statements. These statements involve known and unkn
Slide 3: Who We Are
Who We Are We are disrupting the market, and revolutionizing workforce travel through the application of innovative technology, backed by decades of experience in providing remote workforce accommodation solutions Our vision is to be THE ecosystem for workforce travel LodgeLink is an end-to-end work
Slide 4: What We're Solving
What We’re Solving The Global Distribution System (GDS) has limitations in handling the complexity of workforce travel The problem is complex, and we’re addressing it head on LodgeLink services workforce travel & accommodations that are: Highly variable, with; • Constantly changing itineraries • Lar
Slide 5: The Business Model
The Business Model Current Future Future Margin On Transactions Data & Other Services Advertising & Payments • LodgeLink profits on the spread • SAAS Application - Potential for • Advertise travel support services between buy and sell price for enhanced features, data & reporting (dining and enterta
Slide 6: The Offering & Advantage
The Offering & Advantage LodgeLink addresses problems faced by companies booking crew travel accommodations and streamlines the process for workforce travelers themselves. SAVE TIME > CONTROL COSTS > INCREASE EFFICIENCY Company Perspective TRAVEL EMPLOYEE SELF DIRECT HOTEL LODGELINK MANAGEMENT GROUP
Slide 7: Total Addressable Workforce Travel Market
Total Addressable Workforce Travel Market • Broad base of customers spanning several industries and geographies all share the same challenges • Highly fragmented market being serviced by old, low-tech tools Business Travel Industry Spend Outlook • Presently no leader in the Workforce travel space (2
Slide 8: Industries Served
Industries Served © LodgeLink Inc. All Rights Reserved 8
Slide 9: Properties Listed Growth Trend
Properties Listed Growth Trend Steady supply growth since inception • Vast majority of listed supply is hotel product as much of workforce demand is in smaller cities or remote areas • Recent start-up in Australia where a higher percentage of workforce crews travel to work sites than in North Americ
Slide 10: Geographic Expansion
Geographic Expansion +19,000 properties listed representing +1.8 million rooms of capacity* * As of July 29, 2025 August 11, 2025 © LodgeLink Inc. All Rights Reserved 10
Slide 11: Growth through Acquisition
Growth through Acquisition 2019 2025 • Recently acquired Spencer Group of Companies, the corporate travel division of Spencer Travel, an award-winning travel management company founded in Sydney, Australia in 1998 known for its service excellence and deep industry expertise • The acquisition expands
Slide 12: LodgeLink 3.0: Technology Transition
LodgeLink 3.0: Technology Transition Accelerated investment in product development is leading to realized efficiencies across the platform and enabling innovation and long-term value creation, further differentiating LodgeLink in the marketplace and positioning the Company for exponential growth 1.
Slide 13: Key Performance Indicator: Room Nights Sold
Key Performance Indicator: Room Nights Sold • Product market fit proven • Growing share of travel wallet within existing customer base • Continued customer and geographic expansion with a growing presence in the U.S. and Australia • LodgeLink 3.0 transition resulted in reduced product marketing & fl
Slide 14: Key Performance Indicators
Key Performance Indicators Q2/25 highlights include: • Reacceleration of growth following LodgeLink 3.0 tech transition • Room night bookings of 135,815 grew 5% Y/Y and ~10% sequentially • Net Revenue of $3.3 mm increased ~14% Y/Y and ~25% sequentially 1. Net Revenue Margin is a non-GAAP financial r
Slide 15: Summary
Summary LodgeLink is uniquely positioned to serve the workforce travel market, leveraging decades of experience in solving workforce logistics challenges Very Large Total Addressable Market • Disruptive product offering focused on solving a complex problem within a large addressable market • Market
Slide 16: Thank You
THANK YOU Investor Relations investor@blackdiamondgroup.com © LodgeLink Inc. All Rights Reserved
Slide 17: Non-GAAP & Supplementary Financial Measures
Non-GAAP & Supplementary Financial Measures • Net Revenue Margin is calculated by dividing net revenue by Gross Bookings for the period. Management believes this ratio is an important supplemental measure of LodgeLink's performance and profitability and believes this ratio is frequently used by inte