Dexterra Group, Inc. · TSX:DXT
Dexterra — Q1 2025 Earnings Presentation
15 slides from Dexterra's earnings presentation, May 7, 2025
Slide 1: Q1 2025 Results Analyst & Investor Call
Q1 2025 Results Analyst & Investor Call May 7, 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: Bill McFarland, Board of Directors Chair
Bill McFarland Board of Directors Chair 3
Slide 4: Mark Becker, Chief Executive Officer
Mark Becker Chief Executive Officer 4
Slide 5: Progress on the 2025 Business Plan
Progress on the 2025 Business Plan Q1 Highlights Revenue Trend ($M) ◦ Continued robust activity levels ◦ Consistent margins ◦ $13 million returned to shareholders Adjusted EBITDA(1) Trend ($M) ◦ 15% Return on Equity ◦ Business story resonating (1) Adjusted EBITDA is a non-GAAP financial measure. Ref
Slide 6: Support Services
Support Services An expanding footprint of facilities management, remote, and hospitality services ◦ Revenue growth and profitability improvement ◦ High occupancy at camps ◦ Full quarter inclusion of CMI ◦ Margins consistent ◦ Active pipeline of new sales opportunities and M&A targets 54 74 6
Slide 7: Asset Based Services
Asset Based Services Market leader in the provision of workforce accommodations and access solutions ◦ Access matting lower in Q1 and rebounding ◦ Camp utilization remains strong >90% ◦ EBITDA impacted by mix of business in camps ◦ Margins going forward driven by mix of business ~30-40% 7
Slide 8: Denise Achonu, Chief Financial Officer
Denise Achonu Chief Financial Officer 8
Slide 9: Financial Position & Outlook
Financial Position & Outlook ◦ Strong EBITDA to FCF > 50% annually ◦ Strong balance sheet - Debt to Adjusted EBITDA <1.0X ◦ Renewal of the credit facility ◦ Flexibility for acquisitions ◦ Share buybacks ~ 1 million at average price of $7.69 9
Slide 10: Mark Becker, Chief Executive Officer
Mark Becker Chief Executive Officer 10
Slide 11: Path Forward
Path Forward • Monitoring and managing potential tariff impacts and changing economic conditions ◦ Target return on equity of 15% or above ◦ Capital allocation priorities: – Maintain the dividend – Support selective high-return capital investments – Opportunistic share buybacks under the NCIB – Accr
Slide 12: Questions
y Questions (?) ee
Slide 13: Appendix I - Supporting Charts
Appendix I - Supporting Charts
Slide 14: Revenue Reconciliation - Q1 2025 vs. Q1 2024
Appendix I Revenue Reconciliation - Q1 2025 vs. Q1 2024 14
Slide 15: Adjusted EBITDA Reconciliation - Q1 2025 vs. Q1 2024
Appendix I Adjusted EBITDA Reconciliation - Q1 2025 vs. Q1 2024 15