Nexliving Communities Inc · TSXV:NXLV
Nexliving Communities — Investor Presentation (May 2025)
17 slides from Nexliving Communities's investor presentation, May 2025
Slide 1: May 2025 Investor Presentation
May 2025 Investor Presentation
Slide 2: Disclaimer
Disclaimer Forward-Looking Information This presentation contains certain statements, which may constitute “forward looking information” under Canadian securities law requirements and “forward looking statements” under applicable securities laws (collectively, “forward-looking information”). Forward
Slide 3: The Case for Secondary Markets
The Case for Secondary Markets Vancouver / NexLiving Toronto Markets Home Prices $1.1 million $395k Rents $2,200-3,500 $1,200-1,800 Apartment Size 550-750 sqft 850-1,200 sqft Unemployment Rate 8.7% 5.9% Population 10-yr CAGR ~1.5% ~2.0% Rent 10-yr CAGR ~5% ~5% Cap Rate 3.75-4.75% 4.50-5.50% Borrowin
Slide 4: NexLiving Communities At a Glance
NexLiving Communities At a Glance 2,083 97.4% +2.1% 63% Organic YTD of buildings Suites Occupancy NOI growth < 10 years old * As of May 23, 2025 * As of March 31, 2025 * As of March 31, 2025 * Built or fully renovated in past 10 years $1.73 59% 5.94% Share Price Discount to NAV Implied Cap Rate * As
Slide 5: High Growth Multi-Family Owner and Operator
High Growth Multi-Family Owner and Operator Portfolio Growth Units 2,083 1,998 1,166 1,016 705 502 243 31 2018 2019 2020 2021 2022 2023 2024 Current LTM NOI and Margin 16.3 14.3 11.712.3 11.011.6 9.9 8.8 7.7 6.7 5.4 6.0 4.6 3.8 4.3 2.7 3.1 1.6 2.0 0.9 1.2 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 6: Focus in High Growth Secondary Markets
Focus in High Growth Secondary Markets NexLiving Portfolio Geography Moncton Val D’Or Saint John Winnipeg National Capital Region Cornwall Lindsay Oshawa Strathroy Population Growth (2017-2024) 16.9% Region Province Units 13.0% National Capital Region ON/QC 634 Greater Moncton NB 569 Saint John NB 3
Slide 7: Newer Midcap Buildings With Amenities
Newer Midcap Buildings With Amenities 7
Slide 8: Skin in the Game Drives Strong Growth
Skin in the Game Drives Strong Growth (1) Shareholder Summary Same Property NOI Growth 14.2% Basic Shares Outstanding 32.8 (MM) 9.7% 9.7% Deferred Share Units 0.4 8.7% 4.8% Fully Diluted 33.2 Insider Ownership 55% 2022A 2023A 2024A 2025E NXLV NXLV Average Peer Average Note: 2025 Company forecast. Pe
Slide 9: Company Strategy
communities ins NexLiving
Slide 10: Management Team and Board of Directors
Management Team and Board of Directors Management Team Board of Directors STAVRO STATHONIKOS, President, CEO and Director JEFFREY YORK, Chairman ▪ 20-year capital markets career with broad experience in the ▪ CEO of Altea Active. Formerly Co-CEO of Farm Boy Inc. areas of institutional equities, capi
Slide 11: Focus on Per Share Value Creation
Focus on Per Share Value Creation LTM FFO(1) Per Share (f.d.) Period YoY Growth 2022 +63% 2023 +40% 2024 +2% 2025E +38% $0.18 $0.19 $0.19 $0.18 $0.18 $0.17 $0.15 $0.14 $0.14 Retained $0.12 Growth Capital $0.10 $0.10 $0.08 $0.06 $0.06 $0.04 Dividend 2.3% yield Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 12: Structure Enhances Returns
Structure Enhances Returns Deliberate Focus and Structure Capex Per Unit ▪ Young portfolio has overall capex per unit lower $6,155 than those of public peers $5,330 Young Portfolio ▪ High organic NOI growth by containing costs and $4,591 Requires Lower growth without capex intensive tenant turnover
Slide 13: Capital Recycling Case Study
Capital Recycling Case Study Pleasant - Cash Flow Summary McLaughlin - Cash Flow Summary Year Cash Flow Notes Year Cash Flow Notes 2020 ($1.0MM) $1.0MM equity issued to vendor + fees 2020 ($3.7MM) $2.5MM cash + $1.2MM equity to vendor 2021 +0.1MM Free Cash Flow (FCF) (1) 2021 +0.2MM FCF 2022 +0.1MM
Slide 14: Reasons To Invest Now
Reasons To Invest Now 2021 2024 Target Inflection Point Large 991-suite acquisition last year driving significant free cash flow and per share accretion NOI $1.6MM ➟ $14.2MM ➟ $30MM+ Shareholder Alignment Margins 56.5% ➟ 59.4% ➟ +65% 55%+ Insider Ownership Internalized management team Per Share valu
Slide 15: Capital Structure Summary
Capital Structure Summary
Slide 16: Balanced Capital Structure
Balanced Capital Structure Adjustments for Subsequent Events Debt Maturity Profile $140M $131.0M 9.0 8.0 Capitalization 31-Mar-25 Winnipeg Pro-Forma $120M 7.00% 7.0 $100M Share price $1.73 $1.73 6.0 Shares outstanding 32.8 32.8 $80M $68.6M 5.0 Vested DSUs 0.2 0.2 $60M $51.4M 4.0 Market Cap (f.d.) $
Slide 17: Non-IFRS Financial Measures
Non-IFRS Financial Measures Non-IFRS Financial Measures This presentation contains several non-IFRS financial measures and ratios that management believes provide relevant supplementary information to both management and investors in measuring the operating and financial performance of the Company.
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