Arq, Inc. · NASDAQ:ARQ

Arq — Advanced Emissions Solutions — FY2021 Earnings Presentation

15 slides from Arq's earnings presentation, Mar 9, 2022

  1. Slide 1: Fourth Quarter & Full Year 2021 Earnings Results Call

    Advanced Emissions Solutions, Inc. Advancing Cleaner Energy Fourth Quarter & Full Year 2021 Earnings Results Call March 9, 2022 © 2022 Advanced Emissions Solutions, Inc. All rights reserved.

  2. Slide 2: Safe Harbor

    SAFE HARBOR This presentation includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking statements include statements or expectations regarding net, af

  3. Slide 3: Fourth Quarter 2021 Business Summary

    FOURTH QUARTER 2021 BUSINESS SUMMARY Advanced Purification Consolidated Results Outlook Refined Coal (“RC”) Technologies (“APT”) & Capital Allocation Expect continued top-line Q4 revenue was $23.3M compared Q4 distributions were $7.3M Q4 net income of $5.8M strength in APT segment to $16.3M compared

  4. Slide 4: Financial Highlights

    FINANCIAL HIGHLIGHTS EQUITY METHOD EARNINGS REVENUES NET INCOME (LOSS) $60 $100 $69 $67 $31 $6 $0 $26 $20 $7 $5 $(20) December 31, December 31, December 31, December 31, December 31, December 31, December 31, December 31, December 31, December 31, December 31, December 31, 2021 2020 2021 2020 2021 2

  5. Slide 5: APT Segment Growth Opportunities

    APT SEGMENT GROWTH OPPORTUNITIES Adjacent Markets Power Generation Industrial and Municipal More specialized applications, Water Currently the North American offering higher margin and higher In response, we have provider-of-choice in mercury growth commercial market developed a solid market removal

  6. Slide 6: 2022 Priorities

    2022 PRIORITIES ENHANCE LONG-TERM PROFITABILITY IN APT SEGMENT: • Capitalize on highly efficient and low-cost world class manufacturing facilities • Pursue optimal customer mix to leverage enhanced value creation through new customer contracts • Structurally upgrade customer contracting terms to min

  7. Slide 7: Appendix

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  8. Slide 8: Appendix A: Operating Tons: Royalty vs. Non-royalty

    Appendix A: Operating Tons: Royalty Vs. Non-royalty Three Month Ended Operating Tons Twelve Months Ended Operating Tons QTD - Total YTD - Total December 31, 2021 Royalty Non-Royalty December 31, 2021 Royalty Non-Royalty (1) (1) Tonnage 6,639 1,083 7,722 Tonnage 49,307 15,292 64,599 Count (#) (2) 13

  9. Slide 9: Appendix B: 10-K Balance Sheet

    Appendix B: 10-K Balance Sheet(1) (1) See complete, audited Consolidated Financial Statements and Notes related thereto within the Annual Report on Form 10-K for the period ended December 31, 2021. 9

  10. Slide 10: Appendix C: 10-K Income Statement

    Appendix C: 10-K Income Statement(1) (1) See complete, audited Consolidated Financial Statements and Notes related thereto within the Annual Report on Form 10-K for the period ended December 31, 2021. 10

  11. Slide 11: Appendix D: 10-K Cash Flow

    Appendix D: 10-K Cash Flow(1) (1) See complete, audited Consolidated Financial Statements and Notes related thereto within the Annual Report on Form 10-K for the period ended December 31, 2021. 11

  12. Slide 12: Appendix D: 10-K Cash Flow (continued)

    Appendix D: 10-K Cash Flow (continued)(1) (1) See complete, audited Consolidated Financial Statements and Notes related thereto within the Annual Report on Form 10-K for the period ended December 31, 2021. 12

  13. Slide 13: Appendix E: Non-GAAP Financial Measure & Adjusted EBITDA Reconciliation

    Appendix E: Non-GAAP Financial Measure & Consolidated Adjusted EBITDA Reconciliation to Net Income & Segment Adjusted EBITDA to Segment Operating Income Note on Non-GAAP Financial Measures To supplement the Company's financial information presented in accordance with GAAP, the Company is providing n

  14. Slide 14: Appendix F: Consolidated Adjusted EBITDA Reconciliation to Net Income (Loss)

    Appendix F: Consolidated Adjusted EBITDA Reconciliation to Net Income (Loss) 14

  15. Slide 15: Appendix G/H: Segment Adjusted EBITDA Reconciliations

    Appendix G: RC Segment Adjusted EBITDA Reconciliation to Segment Operating Income Appendix H: APT Segment Adjusted EBITDA Reconciliation to Segment Operating Income (Loss) 15

Advanced Emissions Solutions — FY2021 Earnings Presentation on 6ix