Dexterra Group, Inc. · TSX:DXT
Dexterra — Q4 2024 Earnings Presentation
17 slides from Dexterra's earnings presentation, Mar 7, 2025
Slide 1: Q4 2024 Results
Q4 2024 Results Analyst & Investor Call March 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 2024 Business Plan
Progress on the 2024 Business Plan Revenue ($M) Q4 Highlights ◦ Record revenue and Adjusted EBITDA in 2024 ◦ Positive returns to shareholders ◦ Repositioning to Support Services and Asset Based Services Adjusted EBITDA(1) ($M) ◦ Increased Support Services scale and profitability (1) Adjusted EBITDA
Slide 6: Support Services
Support Services A suite of facilities management and hospitality solutions with an expanding footprint. Revenue and Adjusted EBITDA ($M) ◦ Significant revenue growth and profitability improvement ◦ Positive impact of CMI acquisition ◦ Mobilization of new longer-term contracts 12 18 ◦ Margins expect
Slide 7: Asset Based Services
Asset Based Services Workforce accommodation structures, access matting, and space rentals for clients in the natural resources and infrastructure sectors Revenue and Adjusted EBITDA ($M) ◦ Robust natural resource market ◦ High asset utilization ◦ Normalized wildfire season in 2024 compared to 2023
Slide 8: Denise Achonu, Chief Financial Officer
Denise Achonu Chief Financial Officer 8
Slide 9: Business Resegmentation, Financial Position, & Outlook
Business Resegmentation, Financial Position, & Outlook ◦ Why resegment the business? ◦ Strong EBITDA to FCF conversion rate >50% ◦ Strong balance sheet - debt to EBITDA <1.0X ◦ Renew bank facility ◦ Share buybacks 9
Slide 10: Mark Becker, Chief Executive Officer
Mark Becker Chief Executive Officer 10
Slide 11: Path Forward
Path Forward ◦ Continued execution, profitability, and predictable results ◦ Target return on equity of 15% in near term ◦ Monitoring tariff and trade developments ◦ Capital allocation priorities: – Maintain the dividend – Support selective high-return capital investments – Opportunistic share buyba
Slide 12: Questions
y Questions (?) ee
Slide 13: Appendix I - Supporting Charts
Appendix I - Supporting Charts
Slide 14: Revenue Reconciliation - 2024 vs. 2023
Appendix I Revenue Reconciliation - 2024 vs. 2023 14
Slide 15: Adjusted EBITDA Reconciliation - 2024 vs. 2023
Appendix I Adjusted EBITDA Reconciliation - 2024 vs. 2023 15
Slide 16: Revenue Reconciliation - Q4 2024 vs. Q4 2023
Appendix I Revenue Reconciliation - Q4 2024 vs. Q4 2023 16
Slide 17: Adjusted EBITDA Reconciliation - Q4 2024 vs. Q4 2023
Appendix I Adjusted EBITDA Reconciliation - Q4 2024 vs. Q4 2023 17