Dmc Global Inc. · NASDAQ:BOOM
Dmc Global — Q2 2025 Earnings Presentation
14 slides from Dmc Global's earnings presentation, Aug 5, 2025
Slide 1: Second Quarter 2025 Earnings Presentation
Second Quarter 2025 Earnings Presentation August 5, 2025 © 2025 DMC. All rights reserved. ARCADIA PRODUCTS’ ALUMINUM FRAMING SYSTEMS USED IN WELCOME CENTER AT VALLE DE ORO NATIONAL WILDLIFE REFUGE, NEW MEXICO
Slide 2: Use of Non-GAAP Financial Measures & Safe Harbor Language
USE OF NON-GAAP FINANCIAL MEASURES & SAFE HARBOR LANGUAGE *Use of Non-GAAP Financial Measures Adjusted net income, adjusted diluted EPS, adjusted EBITDA, net debt, and free-cash flow are non-GAAP financial measures used by management to measure operating performance. For reconciliations of the most
Slide 3: Agenda
AGENDA Opening Remarks and Operational Update • James O’ Leary – Chief Executive Officer Financial Results and Guidance • Eric Walter – Chief Financial Officer Questions and Answers Concluding Remarks NASA’S DISSIPATION ROCKET LAUNCHES THROUGH AN AURORAL SUBSTORM IN THE ARCTIC. ON BOARD IS MoSAIC, A
Slide 4: Second Quarter Summary
SECOND QUARTER SUMMARY • Consolidated sales were $155.5 million, down 2% sequentially and 9% vs Q2 ‘24 • YoY decline reflects lower pricing and softer demand in DynaEnergetics’ primary North American market as well as softer demand in Arcadia’s high- end residential and commercial exterior products
Slide 5: DMC Q2 2025 Financial Highlights
DMC Q2 2025 FINANCIAL HIGHLIGHTS Sales Adjusted EBITDA / % of Sales $200 $25 $24 / 14.3% $171 $159 $155 5.0 25.2 $20 $ 18 / 11.4% $150 28.2 26.6 $16 / 10.4% 3.7 $15 2.7 $100 76.2 65.6 66.9 $10 19.4 $50 14.4 13.5 69.7 $5 65.6 62.0 $0 $0 Q2 '24 Q1 ' 25 Q2 '25 Q2 '24 Q1 ' 25 Q2 '25 $ In Millions $ In M
Slide 6: Second Quarter 2025 Business-Level Financial Performance
SECOND QUARTER 2025 BUSINESS-LEVEL FINANCIAL PERFORMANCE Arcadia DynaEnergetics NobelClad Sales Sales Sales $80 $80 $76 $67 $25 $28 $27 $70 $66 $62 $66 $30 $60 $60 $20 $40 $40 $20 $20 $10 $0 $0 $0 Q2 '24 Q1 ' 25 Q2 '25 Q2 '24 Q1 ' 25 Q2 '25 Q2 '24 Q1 ' 25 Q2 '25 $ In Millions $ In Millions $ In Mill
Slide 7: Deleveraging Progress
DELEVERAGING PROGRESS (2)(3) Total Debt Net Debt (1) $160 $140 $120 $100 $80 $60 $40 $20 $0 '22 '23 '24 '25 '22 '23 '24 '22 '23 '24 '21 '25 '23 '24 '22 Q4 Q3 Q4 Q2 Q2 Q3 Q4 Q1 Q1 Q2 Q2 Q3 Q4 Q1 Q1 (1) Amounts in millions (2) Net of deferred financing costs (3) Total debt does not include a potential
Slide 8: Guidance for Third Quarter 2025
GUIDANCE FOR THIRD QUARTER 2025 Measure Expected Range DMC Consolidated Sales $142M - $150M Adjusted EBITDA attributable to DMC $8M - $12M Note: DMC’s guidance is heavily influenced by macroeconomic concerns, volatility and visibility issues created by current tariff policies and the current level o
Slide 9: Key Objectives for 2025
KEY OBJECTIVES FOR 2025 • Strengthen balance sheet and capital structure to support potential acquisition of remaining 40% interest in Arcadia Products • Adjust cost structure to match market realities • Strengthen Arcadia’s core commercial operations in western and southwestern U.S. regions • Right
Slide 10: Net Debt and Free-Cash Flow
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASUREMENTS – NET DEBT AND FREE-CASH FLOW ($000’s) Q2 2025 Long-term debt $55,112 Current portion of long-term debt 3,563 Less: Cash and cash equivalents (12,427) Total net debt $46,248 Net cash provided by operating activities $15,246 Less: Acquisition of prop
Slide 11: Consolidated Adjusted EBITDA
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASUREMENTS – CONSOLIDATED ADJUSTED EBITDA ($000’s) Q2 2025 Q1 2025 Q2 2024 Net income 321 1,863 6,293 Interest expense, net 1,811 1,699 2,316 Income tax provision 1,419 2,733 2,792 Depreciation 3,707 3,660 3,431 Amortization of purchased intangible assets 4,76
Slide 12: Arcadia Adjusted EBITDA
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASUREMENTS – ARCADIA ADJUSTED EBITDA ($000’s) Q2 2025 Q1 2025 Q2 2024 Operating income, as reported 516 2,996 5,719 Adjustments Depreciation 1,016 1,006 888 Amortization of purchased intangible assets 4,763 4,763 5,278 Stock-based compensation 238 237 281 Rest
Slide 13: DynaEnergetics Adjusted EBITDA
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASUREMENTS – DYNAENERGETICS ADJUSTED EBITDA ($000’s) Q2 2025 Q1 2025 Q2 2024 Operating income, as reported 6,411 5,588 7,052 Adjustments Depreciation 1,822 1,791 1,671 Amortization of purchased intangible assets - - 29 Restructuring expenses and asset impairme
Slide 14: NobelClad Adjusted EBITDA
RECONCILIATIONS OF NON-GAAP FINANCIAL MEASUREMENTS – NOBELCLAD ADJUSTED EBITDA ($000’s) Q2 2025 Q1 2025 Q2 2024 Operating income, as reported 3,407 4,622 4,932 Adjustments Depreciation 781 794 790 Restructuring expenses and asset impairments 211 - - Adjusted EBITDA 4,399 5,416 5,722 2025 Second Quar