Fg Nexus Inc. · NASDAQ:FGNX
Fg Nexus — Fundamental Global — Q2 2025 Earnings Presentation
14 slides from Fg Nexus's earnings presentation, Aug 13, 2025
Slide 1: Q2 2025 Investor Presentation
Q2 2025 Investor Presentation August 13, 2025
Slide 2: Legal Disclaimer
Legal Disclaimer 2 This Presentation is being provided to you by GreenFirst Forest Products Inc. (“GreenFirst” or the “Company”) for informational purposes only. Cautionary Note Regarding Forward-Looking Information This Presentation includes information, statements, beliefs and opinions which are f
Slide 3: Overview
Overview Joel Fournier, Chief Executive Officer
Slide 4: Q2’25 Highlights
Q2’25 Highlights 4 ▪ EBITDA of ($5.2M) for Q2’25 ▪ Average realized lumber selling price of $713/mfbm for Q2’25 ▪ Sales Volumes of 109,7MFbm, record quarter with our key home center partner, despite economic uncertainty ▪ Cost of sales, net of by-products revenue of $672/mfbm for Q2’25 ▪ Q2’25 Produ
Slide 5: Q2’25 Highlights (cont.)
Q2’25 Highlights (cont.) 5 ▪ Signed an agreement with third party to explore building a torrefy pellet plant at Chapleau to improve the long- term by-product consumption. ▪ Higher levels of inventory mainly on WIP. Plan in place to reduce this by Q4’25. ▪ Currently installing the new sawline, planer
Slide 6: US Housing Starts Forecast
US Housing Starts Forecast 6 Source: FEA
Slide 7: Financial Summary
7 Financial Summary Peter Ferrante, CFO
Slide 8: Q2’25 Financial Comparison
Q2’25 Financial Comparison 8 1Adjusted EBITDA is a Non-GAAP measure and does not have standardized meaning under GAAP or IFRS. As a result, it may not be comparable to information presented by other companies. For an explanation and reconciliation of Adjusted EBITDA to related comparable financial i
Slide 9: Net Income Change – Q2’25
Net Income Change – Q2’25 9 Q2'24 vs Q1'25 Net Income Change 15,000 12,552 156 10,000 5,000 - (5,000) EBITDA = ($10,220) (18,010) Net Loss = ($10,513) (2,524) (383) (10,000) - 83 (2,011) (19) (357) (15,000)
Slide 10: Cash Flow Breakdown Q2’25
Cash Flow Breakdown Q2’25 10 Q2'25 Cashflow Waterfall 30,000 Cashflow used in Ops Begin End = $7,598 Cash 2,465 4,372 20,202 ABL 12,000 12,500 25,000 20,000 15,000 Cashflow from Cashflow used in Financing = ($704) 10,000 Investing = ($4,987) (16,991) (409) 5,000 9,367 500 Total Cash (4,987) (698) In
Slide 11: Maximum Availability Year-over-Year
Maximum Availability Year-over-Year 11
Slide 12: GreenFirst Vision and Mission
GreenFirst Vision and Mission 12 Vision GreenFirst Forest Products aims to grow its business in the lumber sector and become one of the largest wood producer in Ontario. Mission To become one of the top quartile lumber producers in North America by prioritizing continuous improvement, strategic capi
Slide 13: Thank You
PRODUITS FORESTIERS GREENFIRST FOREST PRODUCTS [& GREENFIRST
Slide 14: Questions & Answer
Questions & Answer [& GREENFIRST