Dexterra Group, Inc. · TSX:DXT
Dexterra — Q3 2024 Earnings Presentation
17 slides from Dexterra's earnings presentation, Nov 6, 2024
Slide 1: Q3 2024 Results
Q3 2024 Results Analyst & Investor Call November 6, 2024
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 Chair speaking remarks
Bill speaking script: Thanks to everyone for joining and I am pleased to report: • Record EBITDA in Q2 with stronger results in all business units • Management's focus on profitability and execution continues to make a difference and set Dexterra up for future success • On an annualized basis we are
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 Trend(2) Q3 Highlights ◦ Strong results and execution ◦ Robust WAFES activity and IFM growth ◦ Improving IFM margins ◦ Closed on Modular sale Adjusted EBITDA(1)(2) Trend 5
Slide 6: Integrated Facilities Management
Integrated Facilities Management A growing Support Services business with an expanding footprint. IFM Revenue & Adjusted EBITDA Trend ◦ Positive impact of CMI Acquisition ◦ Q3 Adjusted EBITDA margins 6.2% ◦ Labour cost management ◦ 6%+ margins expected in Q4 and 2025 ◦ Healthy sales pipeline both in
Slide 7: Workforce Accommodations, Forestry, Energy Services
Workforce Accommodations, Forestry, Energy Services A diversified Support Services and Asset Based Business with a strong client base. Revenue & Adjusted EBITDA Trend WAFES ◦ Robust natural resource and infrastructure market activity ◦ High camp occupancy and >90% asset utilization ◦ New long-term c
Slide 8: Denise Achonu, Chief Financial Officer
Denise Achonu Chief Financial Officer 8
Slide 9: Financial Position
Financial Position ◦ Annualized Adjusted EBITDA conversion to FCF > 50% ◦ 3.2 million share buy back program initiated ◦ Strong balance sheet - debt to EBITDA approximately 1.0X ◦ Flexibility for acquisitions ◦ Quarterly dividend to shareholders maintained ◦ Simplify organizational structure and ext
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 IFM 50%-60% ◦ Target return on equity of 15% in the near term ◦ Strong foundation for profitable growth ◦ Strong balance sheet 11
Slide 12: Question & Answer Period
Question & Answer Period Questions (2) Lo
Slide 13: APPENDIX I - Supporting Charts
APPENDIX I - Supporting Charts 13
Slide 14: Revenue Reconciliation Q3 2023 vs Q3 2024
Appendix I Revenue Reconciliation Q3 2023 vs Q3 2024 14
Slide 15: Adjusted EBITDA Q3 2023 vs Q3 2024
Appendix I Adjusted EBITDA Q3 2023 vs Q3 2024 15
Slide 16: Revenue Reconciliation Q2 2024 vs Q3 2024
Appendix I Revenue Reconciliation Q2 2024 vs Q3 2024 16
Slide 17: Adjusted EBITDA Q2 2024 vs Q3 2024
Appendix I Adjusted EBITDA Q2 2024 vs Q3 2024 17