Terago Inc. · TSX:TGO
Terago — FY2023 Earnings Presentation
9 slides from Terago's earnings presentation, Mar 7, 2024
Slide 1: Q4 and FY2023 Earnings Conference Call
Q4 and FY2023 Earnings Confe re nce Call March 7, 2024 Networking and Core Infrastructure Solutions for Canadian Busine sse s
Slide 2: Forward-Looking Information
Forward-Looking Information 2 This presentation includes certain forward-looking statements that are made as of the date hereof and are based upon current expectations, which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All
Slide 3: Non-GAAP Measures
Non-GAAP Measures 3 Adjusted EBITDA ARPU The term “ARPU” refers to the Company’s average revenue per customer per month in the period. The The term “EBITDA” refers to earnings before deducting interest, taxes, depreciation and amortization. The Company believes that ARPU is useful supplemental infor
Slide 4: Parveen Mithra, Interim Chief Financial Officer
4 Parveen Mithra Interim Chief Financial Officer
Slide 5: Connectivity Revenue
2014 Connectivity All $ figures in CAD millions Q4 2022 $6.3 Q1 2023 $6.5 Q2 2023 $6.5 Q3 2023 $6.5 Connectivity Revenue Q4 2023 $6.5 5
Slide 6: Key Operating Metrics
Key Operating Metrics 6 Average Revenue Per User ($) Churn Rate (%) Connectivity Connectivity 1.3% $1,164 1.2% $1,063 $1,101 $1,104 $1,127 1.0% 0.9% 0.9% Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23
Slide 7: Full Year 2023 Financial Highlights
Full Year 2023 Financial Highlights 7 Connectivity Revenue ($ millions) $26.0 $25.9 FY 2022 FY 2023 Net Loss ($ millions) 4.50 Adjusted EBITDA ($ millions) $4.1 $13.2 4.00 3.50 $3.4 $11.6 3.00 2.50 2.00 1.50 1.00 FY 2022 FY 2023 FY 2022 FY 2023
Slide 8: Adjusted EBITDA & Liquidity
Adjusted EBITDA & Liquidity 8 Balance Sheet at December 31, 2023 ($ millions) Cash and cash equivalents $4.4 Short-term investments $0.2 Adjusted EBITDA ($ millions) Cash from Operations ($ millions) 1.5 $1.1 $1.1 1 $0.8 $1.2 $1.2 0.5 $0.9 $0.8 0 $0.5 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 -0.5 -$0.2 -1 Q4'2
Slide 9: Connectivity Powering Change
CONNECTIVITY POWERING CHANGE TERAGO))