Slide 1: Q4 & Year 2023 Results
Q 4 & Y E A R 2 0 2 3 R E S U LT S Fo r t he 1 6 - we ek p er i od a nd ye ar ended December 30, 2023 COLABOR GROUP INC.(TSX: GCL) February 29, 2024 1
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT DISCLAIMER This document is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Colabor Group Inc. and has not been prepared for delivery to, and review by, prospective investors in order to assist
Slide 3: Content
CONTENT • Q4 2023 Phase II of our Turnaround • Q4 2023 Evolution of our Strategic Plan • Q4 2023 Financial results • Share information 3
Slide 4: Phase II of Our Turnaround
PHASE II OF OUR TURNAROUND Our transformation strategy has delivered 11 consecutive quarters of year-over-year revenue growth Successful relocation to our new strategic distribution site Implementation of strategic initiatives sustained in St-Bruno-de-Montarville: strong Q4 2023 results: • In time a
Slide 5: New Hybrid Facility
N E W H Y B R I D FA C I L I T Y ( S T- B R U N O , Q U E B E C ) Rendering image provided by Écoparc Saint- Bruno. 5
Slide 6: Evolution of the 5-Year Strategic Plan
E VO L U T I O N O F T H E 5 - Y E A R S T R AT E G I C P L A N P R O F I TA B I L I T Y GROWTH PEOPLE BRAND G E N E R AT E POTENTIAL REACH AT T R A C T, R E T A I N R EN EW, P R O F ITAB L E G R O W T H FROM 30% TO 90% AND DEVELOP REFRESH OF THE HRI MARKET • Improve customer & product • HR focus on
Slide 7: Fourth Quarter 2023 Highlights
FOURTH QUARTER 2023 HIGHLIGHTS Q4 2023 SALES AND PROFITABILITY DISTRIBUTION SALES UP BY 9.1% +1.6% WHOLESALE SALES DOWN BY 19.0% $193.2M $196.3M • 16 weeks in the fourth quarter of 2023 vs 17 weeks in 2022; excluding the additional week, the growth would CONSOLIDATED have been 5.8% compared to 1.6%;
Slide 8: Q4 2023 Net Earnings and Cash Flow Trend
Q4 2023 NET EARNINGS AND CASH FLOW TREND Net earnings decreased to $0.4M ($nil per share), from NET a net earnings of $1.7M ($0.02 per share) EARNINGS • Higher EBITDA (1) • Higher amortization expenses, costs not related to current operations related to our relocation ($0.8M), and financial expenses
Slide 9: Q4 2023 Net Debt and Leverage Ratio Trend
Q4 2023 NET DEBT AND LEVERAGE RATIO TREND $13.7M $61.5M Net debt increased to $61.5M, was $47.8M at Q4 2022 $47.8M • Use of credit facility for $12M; NET DEBT (1) • Investment in capex for our new site. Q4 2022 Q4 2023 Leverage ratio up at 2.4x • Higher net debt; • Contribution of higher Adjusted EB
Slide 10: Q4 2023 Financial Highlights
Q4 2023 FINANCIAL HIGHLIGHTS 16-week 17-week 52-week period 53-week period period period (in thousands of dollars, except percentages, per share data and 2023 2022 2023 2022 financial leverage ratio) Sales from continuing operations 196,320 193,246 659,129 574,071 (1) Adjusted EBITDA 11,652 9,855 37
Slide 11: Share Information
SHARE INFORMATION (TSX: GCL) LAST 52 WEEKS STOCK PRICE (as at $1.20 February 27th, 2024) 52-week low-high $0.72 - $1.30 Number of shares issued 101,986,464 and outstanding Average volume (30 days) 36k Market capitalization $122.4M Institutional and ≈ 35% management ownership Analyst coverage: Kyle M
Slide 12: Non-IFRS Measures
NON-IFRS MEASURES Reconciliation of Net Earnings to Adjusted EBITDA 2023 2022 2023 2022 (in thousands of dollars) 16-weeks 17-weeks 52-weeks 53-weeks Net earnings from continuing operations 354 1,682 6,047 4,551 Income taxes 190 686 2,299 1,826 Financial expenses 2,729 1,750 6,625 4,780 Operating ea
Slide 13: Contact
1601 René-Descartes Street, Suite 103 Saint-Bruno-de-Montarville (Québec) J3V 0A6 Canada Phone : 450 449-4911 Fax : 450 449-6180 investors@colabor.com 13