Aimia Inc. · TSX:AIM
Aimia — Q1 2022 Earnings Presentation
20 slides from Aimia's earnings presentation, May 6, 2022
Slide 1: Q1 2022 highlights
Q1 2022 highlights MAY 6, 2022
Slide 2: Forward-Looking and Cautionary Statements
FORWARD-LOOKING AND CAUTIONARY STATEMENTS This presentation contains statements that constitute "forward-looking information" within the meaning of Canadian securities laws ("forward-looking statements"), which are based upon our current expectations, estimates, projections, assumptions and beliefs.
Slide 3: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Following the Corporation strategic update, Aimia does not present Non-GAAP financial measures for its consolidated results. However, in order to complement the analysis of the financial performance of its investments, certain Non-GAAP measures are presented. A reconcilia
Slide 4: Presentation of Financial Information
PRESENTATION OF FINANCIAL INFORMATION The financial information of Aimia, Clear Media, and Kognitiv referred to in this presentation is reported in Canadian dollars (unless otherwise indicated) and have been prepared in accordance with GAAP. The financial information of TRADE X referred to in this p
Slide 5: Today's Speakers
TODAY’S SPEAKERS PHIL MITTLEMAN MICHAEL LEHMANN STEVE LEONARD Chief Executive Officer President Chief Financial Officer © 2022 Aimia. All rights reserved. 5
Slide 6: Agenda
AGENDA Strategic Investment Financial highlights highlights highlights © 2022 Aimia. All rights reserved. 6
Slide 7: Strategic Highlights
STRATEGIC highlights PHIL MITTLEMAN
Slide 8: Strategic Highlights: Q1 2022 Highlights
STRATEGIC HIGHLIGHTS Q1 2022 HIGHLIGHTS Strategic Objectives Results • PLM: • Aimia entered into a binding letter of intent to divest PLM to Aeromexico and continue to make progress towards closing the PLM transaction; application for Mexican antitrust approval has been filed, progress towards compl
Slide 9: Investment Highlights
INVESTMENT highlights MICHAEL LEHMANN
Slide 10: TRADE X
INVESTMENT HIGHLIGHTS TRADE X Gross Vehicle Sales(1)(2) (million CAD) 248.3 117.6 83.0 30.5 44.0 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Cars sold (total volumes) 7,443 3,273 3,369 459 744 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 (1)(3) Average selling price per car sold (CAD per car) (3) (2) (3) 66,
Slide 11: Kognitiv Financial Metrics
INVESTMENT HIGHLIGHTS KOGNITIV FINANCIAL METRICS* Revenue(1) (million CAD) 17.8 14.4 14.0 14.9 14.1 13.1 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Adjusted EBITDA(1)(2) (million CAD) (3) (8.5) (5) (10.0) (10.7) (11.4) (12.0) (4) (13.2) Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 *This pres
Slide 12: Mittleman Investment Management
INVESTMENT HIGHLIGHTS MITTLEMAN INVESTMENT MANAGEMENT Revenue from investment management fees (million CAD) (1) 0.9 0.7 0.6 0.6 0.4 0.5 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Earnings (loss) before income taxes (million CAD) (4) 0.1 (5) (3) 0.0 0.0 0.0 (2) (0.4) (0.7) Q4 2020 Q1 2021 Q2 202
Slide 13: Financial Highlights
FINANCIAL highlights STEVE LEONARD
Slide 14: Consolidated Financial Results
FINANCIAL HIGHLIGHTS CONSOLIDATED FINANCIAL RESULTS (in millions of Canadian dollars) Consolidated Financial Results Q1 2022 Q1 2021 Share of net earnings (loss) of equity-accounted investments (6.9) (4.4) Net change in fair value of investments (12.1) 5.4 Interest, dividend and other investment inc
Slide 15: Holdings Segment Results
FINANCIAL HIGHLIGHTS HOLDINGS SEGMENT RESULTS (in millions of Canadian dollars) Q1 2022 Q1 2021 Share of net income (loss) of equity-accounted investments (6.9) (4.4) Net change in fair value of investments (12.1) 5.4 Interest, dividend and other investment income 4.2 0.2 Total Income (Loss) (14.8)
Slide 16: Movements in Cash and Cash Equivalents
FINANCIAL HIGHLIGHTS MOVEMENTS IN CASH AND CASH EQUIVALENTS* (in millions of Canadian dollars) (1) (1) Includes one-time payment of $0.7 million to an Aimia executive related to the change of his role. *This presentation contains both IFRS and non-GAAP financial measures. (1) A non-GAAP measure. Unr
Slide 17: Slide 17
Slide 18: Clear Media
INVESTMENT HIGHLIGHTS CLEAR MEDIA* Total bus shelter panels Total digital panels 72,000 536 58,000 59,000 61,000 246 276 251 Jun-20 Dec-20 Jun-21 Dec-21 Jun-20 Dec-20 Jun-21 Dec-21 Revenues (million RMB) (1) 0.9 666.6 1,264.7 641.5 623.2 1,035.7 369.1 1H 2020 2H 2020 1H 2021 2H 2021 FY 2020 FY 2021
Slide 19: Clear Media Non-GAAP Financial Measure and Reconciliation
APPENDIX CLEAR MEDIA NON-GAAP FINANCIAL MEASURE AND RECONCILIATION TO (1) DIRECTLY COMPARABLE GAAP MEASURE* (in millions of RMB) Six months ended Six months ended Twelve months ended 30-Jun-21 30-Jun-20 31-Dec-21 31-Dec-20 31-Dec-21 31-Dec-20 Income (loss) before tax (54.7) (473.8) 0.7 140.3 (54.0)
Slide 20: Investor Relations Contact
INVESTOR RELATIONS CONTACT Tom Tran, MBA Head of Investor Relations and Communications Phone: +1 647 208 2166 Email: tom.tran@aimia.com www.aimia.com