Slide 1: Q2 2025 Earnings
TM Q2 2025 Earnings August 13, 2025
Slide 2: Disclaimer
Disclaimer In this presentation, all amounts are in Canadian dollars, unless otherwise indicated. Capitalized terms that are not defined in this presentation have the meanings ascribed to them in the prospectus. Any graphs, tables or other information in this presentation demonstrating the historica
Slide 3: Introductions
Introductions Bill DiNardo Mo Ashoor Chief Executive Officer Chief Financial Officer 3
Slide 4: Continued Strong Bottom Line, Green Shoots In Go-To-Market
Continued Strong Bottom Line, Green Shoots In Go-To-Market $14.8M $14.2M $1.7M Q2-25 Q2-25 Q2-25 MIPS + PS TCV Bookings MIPS + PS Revenue Adjusted EBITDA +15% TTM (5%) TTM +168% TTM 10% Margin 4
Slide 5: MIPS + PS TCV Bookings Holding Steady at $14-15 Million
MIPS + PS TCV Bookings Holding Steady at $14-15 Million $14.8M Q2 2025 TCV MIPS + PS Bookings +19% YoY | (3%) QoQ $3.5M Q2 2025 TCV MIPS Bookings +15% YoY | (35%) QoQ $11.3M Q2 2025 PS Bookings +20% YoY | +15% QoQ 5
Slide 6: General Observations
General Observations New Logos & Customer Expansion ➢ New Logo acquisition and proving value quickly is a priority for the remainder of FY25 ➢ One-third of customers expanded their annual spend, illustrating demand for our solutions ➢ Land and expand initiatives in progress to drive a return to aggr
Slide 7: Q2 2025 Review
Q2 2025 Review pivotree”
Slide 8: Steady Revenues from the MIPS and PS Categories
Steady Revenues from the MIPS and PS Categories $17.3M Total Revenue (10%) QoQ growth $3.7M Managed & IP Solutions +2% QoQ growth $14.2M PS + MIPS (4%) QoQ growth 8
Slide 9: Consistent Adjusted EBITDA Results Tracking to a Run-Rate of $7.0 to 7.5M
Consistent Adjusted EBITDA Results Tracking to a Run-Rate of $7.0 to 7.5M Gross Profit and Adjusted OpEx ($M) Adjusted EBITDA, and Net Income ($M) 9
Slide 10: Core Business Generating Cash Flow Inclusive of Working Capital Uses
Core Business Generating Cash Flow Inclusive of Working Capital Uses 10
Slide 11: Priorities in 2025
Priorities in 2025 Continue to Execute On and Close Our New Logo Pipeline Initiatives Invest in the Growth of Managed & IP Solutions Revenue Generate EBITDA and Cash Flow 11
Slide 12: Q&A
Q&A TM