Decisive Dividend Corp. · TSXV:DE
Decisive Dividend — Investor Presentation (May 2025)
32 slides from Decisive Dividend's investor presentation, May 2025
Slide 1: Investor Presentation May 2025
TSX.V:DE INVESTOR PRESENTATION MAY 2025
Slide 2: Cautionary Statements
TSX.V:DE CAUTIONARY STATEMENTS In this presentation, “Decisive” or the “Corporation” means Decisive Dividend Corporation and, where the context requires, its operating subsidiaries. FORWARD LOOKING INFORMATION Certain statements in this report constitute forward-looking information and forward-looki
Slide 3: The Catalyst
TSX.V:DE THE CATALYST According to the Canadian Federation of Independent Essential factors for owners when selling their business (% response) Business, 76% of business owners plan to exit their business Protecting our current employees 56 34 4 3 within the next 10 years - meaning that over $2 tr
Slide 4: What We Do
TSX.V:DE WHAT WE DO BUY Acquire profitable, well-established, high quality manufacturing companies with enterprise values up to $25M BUILD Support the long-term success of the businesses acquired, with resources to help them achieve their potential HOLD Continue the business legacies of the vendors
Slide 5: Why Decisive?
TSX.V:DE WHY DECISIVE? VENDORS Exit Opportunity Continuation of business legacy Opportunity to cash out Participate in future Decisive growth (min. 10% of purchase price paid in Decisive shares) EMPLOYEES Business as usual Opportunity for equity ownership (Employee Share Purchase Plan)
Slide 6: A Story of Growth & Yield
TSX.V:DE A STORY OF GROWTH & YIELD GROWTH Completed 13 acquisitions in the first 9 years of operations First acquisition completed in February 2015 8 acquisitions completed in a 24-month span to April 2024 Healthy, and growing, pipeline of potential acquisitions Revenue 25% CAGR from 2015
Slide 7: Driving Outsized Returns
TSX.V:DE DRIVING OUTSIZED RETURNS Since the beginning of 2022: ~115% total return1(~26% annualized) Increased the monthly dividend each year (currently $0.54 per share annualized) Completed 8 acquisitions Recognized as one of the top performers on the TSX Venture Exchange in both 2023 and
Slide 8: Acquisition Philosophy
TSX.V:DE ACQUISITION PHILOSOPHY O B J E C T I V E : AC Q U I R E PR O F I T A BL E , W E L L - E S TA B L I SH E D C O M PA N I E S W I T H ST R O N G C A SH F L O W O B J E C T I V E : M AI NT A I N A CQ UI SI T I O N M U L TI P L E D I SC I PL I N E ; H I S TO R I C A L R A N GE 3 . 5 X – 5 . 5 X
Slide 9: Acquisitions – Finished Product Segment
TSX.V:DE ACQUISITIONS FINISHED PRODUCT SEGMENT BUSINESSES 2015 2018 2022 2022 2023 2023 ACQUIRED FOR $7.0M ACQUIRED FOR $10.0M ACQUIRED FOR $8.3M ACQUIRED FOR $11.5M ACQUIRED FOR $6.9M 10% EQUITY / 90% DEBT ACQUIRED FOR $15.5M 16% EQUITY / 84% DEBT 100% EQUITY 60% EQUITY / 40% DEBT 39% EQUITY / 61%
Slide 10: Acquisitions – Component Manufacturing Segment
TSX.V:DE ACQUISITIONS COMPONENT MANUFACTURING SEGMENT BUSINESSES 2016 2018 2019 2023 2023 2024 ACQUIRED FOR $9.4M ACQUIRED FOR $11.8M ACQUIRED FOR $11.6M ACQUIRED FOR $3.3M ACQUIRED FOR $4.9M ACQUIRED FOR $6.3M 72% EQUITY / 28% DEBT 100% EQUITY 10% EQUITY / 90% DEBT 64% EQUITY / 36% DEBT 65% EQUITY
Slide 11: Corporate Snapshot
TSX.V:DE CORPORATE SNAPSHOT SHARE DATA CUMULATIVE ACQ. MAY 6, 2025 FUNDING MIX MAY 6, 2025 5 2 WE E K RA NG E $5.51 - $10.17 1 DEBT 48% T T M A VE RA G E D A I L Y EQUITY 52% VOLUME 2 4 . 8 K - T S XV 2 3 C O M M O N S H A RE S , B A S I C / D IL U T E D LIQUIDITY 1 9. 8 M / 2 0 . 6 M CASH ON HAND +
Slide 12: Debt & Working Capital
TSX.V:DE DEBT & WORKING CAPITAL COMMITTED NET AVAILABLE WORKING CAPITAL EXCL. NET DEBT FACILITIES DEBT ACCORDION MAY 6, 2025 Q1 2025 $30.5M Q4 2024 $30.4M Q4 2023 $19.6M $100M $59M $75M Syndicated credit facility with top tier lending syndicate: National Bank, Royal Bank, Desjardins. Fully revol
Slide 13: Dividend
TSX.V:DE DIVIDEND O B J E C T I V E : P R O V I D E S US TA I N A BL E A N D G R O WI N G D I V I D E N D S T O S H AR E H O L D E R S CUMULATIVE PER SHARE DIVIDENDS PAID DIVIDEND HIGHLIGHTS 2025 $3.26 Monthly dividend payment Cumulative payout since completing first 2024 $3.12 acquisition in 20
Slide 14: Q1 2025 Results Dashboard
TSX.V:DE Q1 2025 RESULTS DASHBOARD REVENUE GROSS PROFIT% 2025 – 38% vs. 2024 – 38% vs. 2023 – 36% ADJUSTED EBITDA PER SHARE 2025 – $0.35 vs. 2024 – $0.21 vs. 2023 – $0.33 FREE CASH FLOW PER SHARE 2025 – $0.20 vs. 2024 – $0.10 vs. 2023 – $0.20 $13.9M $18.7M $30.9M $29.4M $39.2M PROFIT PER SHARE 2021
Slide 15: FYE 2024 Results Dashboard
TSX.V:DE FYE 2024 RESULTS DASHBOARD REVENUE GROSS WORKING PROFIT% CAPITAL, EXCL. NET DEBT 2024 – 37% vs. 2023 – 39% vs. 2022 – 33% 2022 ADJUSTED $15.3M EBITDA PER SHARE 2024 – $1.05 vs. 2023 – $1.45 vs. 2022 – $1.05 2021 CASH FLOW PER FREE SHARE $11.6M 2024 – $0.61 vs. 2023 – $0.90 vs. 2022 – $0.64
Slide 16: 2025 Revenue Diversification
TSX.V:DE 2025 REVENUE DIVERSIFICATION SALES BY PRODUCT TYPE 11% WOOD/GAS STOVE BLAZE BLAZEKING KING& &ACR ACR 19% WEAR HAWK PARTS MACHINE WORKS UNICAST, MICON, PROCORE, TECHBELT Wood/Gas Stove, Agriculture, Industrial, 14% UNICAST, MICON & PROCORE AGRICULTURE Merchandising & Wear Part products Wear
Slide 17: Summary
TSX.V:DE SUMMARY The diversified nature of Decisive's portfolio, the differentiated products it produces, and steps taken by leadership in over the last year, including product and customer development and investments in growth capital expenditures, have better positioned Decisive's businesses for
Slide 18: Blaze King
TSX.V:DE BLAZE KING Blaze King is a recognized leader in the design and production of high quality, high efficiency wood stoves, inserts and gas heating products Their longer burn times and lower wood consumption are achieved by their unique ESTABLISHED combustion system where airflow is managed by
Slide 19: Unicast
TSX.V:DE UNICAST Unicast is known for producing and distributing cost effective, durable wear parts and valves for the cement, mining, and aggregate industries. Wear parts tend to wear out quickly when crushing rock which is done exclusively in ESTABLISHED these industries. The Unicast titanium carb
Slide 20: Slimline
TSX.V:DE SLIMLINE Slimline has been manufacturing and distributing Turbo-MistTM air blast sprayers since 1948, used primarily in the agriculture industry to apply treatments to apples, cherries, grapes, almonds, walnuts, oranges, and peaches ESTABLISHED Slimline designs, manufactures, and sells EcoM
Slide 21: Hawk
TSX.V:DE HAWK Hawk is a precision machining and fabrication shop delivering comprehensive CNC machining solutions for a variety of industries including oil and gas, automotive, electrical and utilities, and agriculture ESTABLISHED Hawk is known for its exceptionally high-quality machined parts, tool
Slide 22: Northside
TSX.V:DE NORTHSIDE Northside is a steel and aluminum fabrication business that leverages in-house engineering or customer designs for cutting and forming through to welding and powder coating, and primarily services the commercial vehicle and forestry industries ESTABLISHED Northside is an authorize
Slide 23: Marketing Impact
TSX.V:DE MARKETING IMPACT Marketing Impact designs, manufactures, and distributes a comprehensive range of merchandising products, systems and solutions for retail customers including grocery stores, convenience stores, and pharmacies ESTABLISHED It also designs and manufactures displays for consume
Slide 24: ACR Heat Products
TSX.V:DE ACR HEAT PRODUCTS ACR manufactures Eco-design Ready woodburning, multifuel, and gas stoves, as well as electric stoves, electric fireplaces and outdoor pizza ovens. ACR has a well-established brand in the United Kingdom marketplace and is known ESTABLISHED for its high-quality and attractiv
Slide 25: Capital I
TSX.V:DE CAPITAL I Capital I designs, manufactures and distributes high-quality road maintenance and construction equipment. Its innovative products include dozer blades, snow blades and wings, gravel ESTABLISHED reclaimers, gravel groomers, lifts, mulchers and mowers, that are used in the 1991 cons
Slide 26: Procore
TSX.V:DE PROCORE Procore designs, manufactures and distributes high-performance radiators and Micon branded high-quality radiator seals and grommets for heavy duty equipment. Its products are designed to help reduce downtime associated with cooling system ESTABLISHED failures of the heavy-duty equip
Slide 27: Innovative Heating Technologies
TSX.V:DE INNOVATIVE HEATING TECHNOLOGIES Innovative Heating Technologies is a well-established manufacturer and developer of high efficiency heating mats and lighting solutions for hog production. The key competitive advantages for its products are durability, anti-microbial ESTABLISHED characterist
Slide 28: Techbelt
TSX.V:DE TECHBELT Techbelt is a manufacturer of polytetrafluoroethylene (“PTFE”) conveyor belts, PTFE tapes, and PTFE materials which are used in a wide range of end markets. Techbelt prides itself on its ability to provide technical solutions for customers and its ESTABLISHED rapid turnaround for d
Slide 29: Leadership Team – Head Office
TSX.V:DE LEADERSHIP TEAM – HEAD OFFICE JEFF SCHELLENBERG JULIE WILSON CHIEF EXECUTIVE OFFICER VP PEOPLE & CULTURE Over fifteen years of senior leadership experience including Over twenty-five years in senior human resources capital markets, finance, acquisitions, and operations leadership roles acro
Slide 30: Leadership Team - Subsidiaries
TSX.V:DE LEADERSHIP TEAM - SUBSIDIARIES ALAN MURPHY JASON SEARLE BLAZE KING ACR HEAT PRODUCTS Over twenty-five years of senior management experience in the wood and gas Over twenty-five years of experience in the UK domestic heating industry delivering fireplace industry technical product design and
Slide 31: Board of Directors
TSX.V:DE BOARD OF DIRECTORS JAMES PATERSON TERRY EDWARDS WARREN MATHEOS LAWYER FORMER CHIEF OPERATING OFFICER, KEY ACCOUNT MANAGER WEST, BOARD CHAIR DECISIVE DIVIDEND JAMIESON LABORATORIES LTD. RISK COMMITTEE G&C COMMITTEE BRUCE CAMPBELL PETER JEFFREY TIM PIRIE PRESIDENT, PRESIDENT, PRESIDENT, STONE
Slide 32: Contact Information
TSX.V:DE CONTACT INFORMATION DECISIVE DIVIDEND CORPORATION #260-1855 KIRSCHNER ROAD KELOWNA, B.C. V1Y 4N7 250-870-9146 WWW.DECISIVEDIVIDEND.COM CONTACT: JEFF SCHELLENBERG, CHIEF EXECUTIVE OFFICER, AT JEFF@DECISIVEDIVIDEND.COM OR RICK TORRIERO, CHIEF FINANCIAL OFFICER, AT RICK@DECISIVEDIVIDEND.COM 32