Dexterra Group, Inc. · TSX:DXT
Dexterra — Investor Presentation (March 2025)
26 slides from Dexterra's investor presentation, March 2025
Slide 1: Investor Presentation March 2025
Investor Presentation March 2025
Slide 2: Cautionary Statement
Cautionary Statement In this presentation, all amounts are in Canadian dollars, unless otherwise indicated. Any graphs, tables or other information in this presentation demonstrating the historical performance of Dexterra Group Inc. (“Dexterra” or “Dexterra Group”) or of any of its business units co
Slide 3: Company Overview: (TSX:DXT)
Company Overview: (TSX:DXT) What we do Powered by passionate people, we deliver quality services and solutions for the management and operation of infrastructure. Market Capitalization • Market capitalization: $500 million • Enterprise value: $570 million • Shares outstanding(1): 63.0 million • 50%+
Slide 4: Investment Highlights
Investment Highlights Established provider of Market leader in Streamlined and Shares undervalued in Facilities Management diversified remote refocused business the market in a large and growing services and model via modular North American Workforce business divestiture outsourced services Accommod
Slide 5: Our Businesses
Our Businesses Creating Value Through a Diverse Support Services Platform Support Services Facility Management (FM) services pertain directly to the building asset itself as well as services that improve the wellbeing and experience of the clients within facilities. Hospitality, operations and maint
Slide 6: Support Services
Support Services Where we do business Key Client Sectors • Aviation • Commercial • Industrial • Government • Defence & Security • Education • Healthcare • Hotels & Leisure • Natural Resources • Rail / Transit • Retail 6
Slide 7: Asset-Based Services
Asset-Based Services Where we do business Key Client Sectors • Mining • Energy • Infrastructure • Government agencies 7
Slide 8: An Expanding Platform
An Expanding Platform Increasing IFM Support Services Outsourcing Trend • Growing our operating footprint throughout Canada and expanding into the US • Diverse base of over 400 clients • Dynamic – move quickly to meet clients' needs (e.g., wildfires) • Scaling Support Services business with capabili
Slide 9: Our Competitive Advantage
Our Competitive Advantage Long history and established base of delivering single service FM and complex IFM contracts Market leader of Workforce Accommodations in Canada Community engagement, 80+ indigenous partnerships Diversified clientele across a breath of sectors Powered by People Client-centri
Slide 10: Financial Performance
Financial Performance (1) Excludes the results of the Modular Solutions business (“Modular”) which was sold August 30, 2024. (2) Adjusted EBITDA is a non-GAAP financial measure. (3) 2023 results included unusually large wildfire support services. 10
Slide 11: Progress in 2024
Progress in 2024 Revenue Trend (1) (in millions) 2024 Highlights ◦ Record revenue and Adjusted EBITDA ◦ Positive returns to Shareholders ◦ Repositioning to Support Services and Asset Based Services ◦ Increased Support Services scale and profitability ◦ Acquired CMI Management, LLC, an IFM U.S. busin
Slide 12: Financial Strength and Well-Financed
Financial Strength and Well-Financed Credit facility ($260m + $150m accordion) provides flexibility Capital Allocation Priorities $81 $65 $65 $107 $107 1) Maintain the dividend 2) Sustaining and growth capex (~2%-2.5% of revenue) 3) Opportunistic share buy-backs 4) Accretive acquisitions Free Cash F
Slide 13: Our Strategy and Vision Going Forward
Our Strategy and Vision Going Forward 3-4 Year Expected Growth and Business Mix • Building our Support Services platform – technology- ~85%-90% enabled, scalable, capital-light, EBITDA margins • Supporting a leading high-margin, Asset-Based Services business REVENUE $1.6B • Innovative solutions for
Slide 14: Our Near-Term Priorities Driving Performance
Our Near-Term Priorities Driving Performance • Deliver revenue growth, expand our integrated facilities management pipeline and enhance profitability • Build on sustainable, predictable results • Deliver Strong Operating Performance • Support Services organic growth • IFM Acquisitions • Maintain hig
Slide 15: Appendix
Appendix
Slide 16: The Core Values We Live By
The Core Values We Live By Accountability Diversity Partnership Trust We don’t just walk by. Everyone has a Service is what we sell. By Our actions speak We own our successes voice. Sharing is how asking for, listening to and louder than our words. and failures. If we see we learn. It’s how we actin
Slide 17: Guiding Principles
Guiding Principles Client-centric approach Sustainable, long-term profitable growth Decentralized model Focus on continuous improvement Disciplined financial management and well financed Promote safety culture Support indigenous relationships & Strong shareholder returns and stakeholder value Strong
Slide 18: Executive Leadership Team
Executive Leadership Team Mark Becker JD MacCuish Chief Executive Officer Executive Vice President, Strategy & Corporate Planning Cindy McArthur Denise Achonu Chief Human Resources Officer Chief Financial Officer Sanjay Gomes President, Integrated Christos Gazeas Facilities Management Executive Vice
Slide 19: Board of Directors
Board of Directors (1) Audit Committee Member (2) Corporate Governance and Compensation Committee Member (3) Enterprise Risk Management Committee Member 19
Slide 20: Support Services Strategy
Support Services Strategy IFM is a Key Driver of Growth Fully Integrated • Strong organic growth prospects Relationships • Technology enabled Investments • Investment in the resources and tools necessary for accelerated organic growth and the delivery of a multi-year acquisition program to increase
Slide 21: Our Support Services Contracts
Our Support Services Contracts Typical nature of contracts Service Types Single service and complex multi-service Pricing Models Procurement Process Seasonality Ranges from fixed price, cost-reimbursable, and Sole source and competitive RFP process, Project work, food services for educational schedu
Slide 22: Asset-Based Services Strategy
Asset-Based Services Strategy Key Drivers of Growth Maintain & Build • Strong relationships with key institutions and Market Share partners in the natural resource sector • Protect our foundation, grow market share and position by delivering great service Explore • Assess expansion of operations, tu
Slide 23: Sustainability
Sustainability Please see Dexterra Group’s 2024 Sustainability report on our website for more details. 23
Slide 24: Awards & Certifications
Awards & Certifications “eo Progressive & Aboriginal [ixeiirss s anurences LEVEL fo} oe , Canadian Council for Aboriginal Business FD Great Place To Work. Certified JAN 2024 - JAN 2025 CANADA
Slide 25: Recent M&A Activity
Recent M&A Activity January 2022 Acquired Dana Hospitality LP for $31.5 million. This transaction brought an established and unique culinary and hospitality brand with a quality sales and management team, while expanding Dexterra’s culinary client base into education, healthcare, and leisure activit
Slide 26: We've been serving North American clients for over 75 years
We’ve been serving North American clients for over 75 years. The companies that began independently, and now form Dexterra Group, have an outstanding record of supporting the infrastructure and built assets that play a vital role in our society. We bring the right teams with the right skills togethe