Slide 1: Facilities by ADF Plc: Interim results
Facilities by ADF Plc : Interim results 6 months ended 30 June 20252025 LEADI NG SER VICE PROVIDER TO
Slide 2: Highlights
Highlights Facilities by ADF 2
Slide 3: Highlights
Highlights § Revenue increased 14% to £17.4m primarily due to the Autotrak acquisition in H2 24 § Adjusted EBITDA £2.2m (H1-24: £2.5m). H1 performance reflects slow Q1 with momentum building through Q2 as production levels begin to normalise and pipelines recover § Utilisation rates improving with c
Slide 4: Strategy and Overview
Strategy and Overview Facilities by ADF 4
Slide 5: ADF Overview
ADF Overview § Leading provider of premium serviced production facilities, location services and ground protection to the UK Film and high-end television market (“HETV”) § Production fleet made up of over 800 technical vehicles, including artiste trailers and mobile production offices § Headquarters
Slide 6: CAD Services
CAD Services § Leading provider of premium serviced production facilities to the UK Film and high-end television market (“HETV”) § Work with many of the world’s largest film and HETV companies on shows such as Star Wars Andor, Marvel’s Fantastic Four, Apple’s Slow Horses, Netflix The Witcher, The Ge
Slide 7: Location One
Location One § Leading provider of specialist on-location based services to the film and TV industry § Headquartered in Barking, East London, with local branches in Glasgow, Newcastle, Manchester, Bristol, South Wales and Chobham § Broad range of products including air conditioning, power generation
Slide 8: Autotrak
Autotrak § Leading provider of portable roadway and ground protection to the UK Film and high-end television market (“HETV”) § Acquired in September 2024 for a maximum consideration of £21.3M § Work on major film and HETV productions including Amazons Rings of Power, Skyfall, Bridgerton, Star Wars R
Slide 9: Strategy
Strategy Organic Growth § Capex prioritised for higher margin revenue streams, new complementary services and maintenance § Trialing a storage offering for Film and TV at Longcross with a temporary facility; initial contract with Skydance Efficiency § Greater focus on financial KPIs including order
Slide 10: KPI's
KPI’s i Order book and Pipeline § YTD revenue to 31 August £25.7m § Order book at 31 August £14.1m of which £10.6m relates to FY25 § Weighted pipeline £5.0m of which £2.2m for delivery in FY25 § Revenue recognised and secured plus weighted pipeline at 31 August represents > 90% of FY25 expectations
Slide 11: KPI's
KPI’s i Headcount Headcount 400 350 § Current headcount 321, the lowest 300 250 since December 2022, including the 200 150 addition of Autotrak in September 24 100 50 § Average length of service 3.8 yrs 0 22 23 24 3 4 5 23 24 25 23 24 -2 -2 -2 n- n- n- p- p- c- c- c- ar ar ar De De De Ju Ju Ju Se Se
Slide 12: Our Markets
Our Markets Underlying market drivers remain positive § Industry challenges easing; UK continues to receive substantial investment § UK Film and HETV production spend in H1-FY25 was £3.2bn (H1-FY24: £2.9bn) note * • Total spend on feature films static at £1.1bn (H1-FY24: £1.1bn) • Total spend on HET
Slide 13: Financials
Financials Facilities by ADF 13
Slide 14: H1-FY25 in Review
H1-FY25 in Review Financial review: § Slower than expected Q1 with momentum building in Q2 § H1-25: • Revenue: £17.4m (H1-24: £15.2m) • Adjusted EBITDA: £2.2m (H1-24: £2.5m) • Group net debt reduced to £13.2m (H1-24: £13.0m) • FY25 interim dividend of 0.3 pence per share • Capex H1-25 £4.2m includin
Slide 15: Profit and Loss
Profit and Loss i Group P&L (thousands) H1-24 H2-24 H1-25 § First full contribution from Autotrak following Revenue acquisition in September 2024 CAD Services 11,548 13,385 10,792 Location One 3,638 4,073 3,126 § Underlying revenues in H1-25 were down 8% Autotrak 0 2,558 3,450 on H1-24 with ongoing
Slide 16: Balance Sheet
Balance Sheet i Fixed Assets § Capex £2.4m, plus £0.4m assets transferred from assets under construction. £1.9m of capex for 2,000 ground protection panels in late Q2 – adding 12% capacity § IFRS16 assets of £1.4m were also added, primarily the expansion of the operational hub at Longcross Hire Purc
Slide 17: Cash flow
Cash flow i Cash Flow £M's H1-24 H2-24 H1-25 Profit before tax (796) (2,042) (1,987) Depreciation and amortisation 2,569 2,934 3,225 § Cash generated from operating activities £4.8m Impairment of goodwill 0 2,449 0 (H1-24: £2.7m) Gain of deferred consideration 0 (60) 0 Loss / (profit) on sale of fix
Slide 18: Capital allocation
Capital allocation The Board has adopted a capital allocation policy in pursuit of its objective to maximise long-term shareholder returns: 1. Organic growth: invest in capital equipment to support demand in our chosen markets. This investment will enable us to better serve our customers; 2. Regular
Slide 19: Outlook
Outlook Facilities by ADF 19
Slide 20: Outlook
Outlook § Our market position, high quality fleet and excellent customer service proposition position the Group well for future growth § Trading in the first six months has been challenging for CAD Services and Location One § Market continues to be impacted by frozen budgets, reduced production spen
Slide 21: Appendices
Appendices Facilities by ADF 21
Slide 22: ADF: board of directors
ADF: board of directors Russell Down Alexandra Innes Chairman Senior Independent Non-Executive Director • Executive career spans investment banking, • Experienced executive with board experience in the global capital markets, and investment management, UK and internationally most latterly as Managin
Slide 23: Our |.
c 1 Our |. credits /BRITANNIA be m ePpix 9 TO SEE MORE OF PROJECTS VISIT (By www.tacilitiesbyadf.cor ojects 14