Slide 1: Q1 2025 Earnings
TM Q1 2025 Earnings May 14, 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 Adjusted EBITDA Strength & Net Income
Continued Adjusted EBITDA Strength & Net Income $17.6M $19.2M $2.0M Q1-25 Q1-25 Q1-25 Total TCV Bookings Total Revenue Adjusted EBITDA (4%) QoQ +5% QoQ 10% Margin +4% TTM (11%) TTM +114% TTM 4
Slide 5: Total TCV Bookings Within Expected Range with Strong Mix
Total TCV Bookings Within Expected Range with Strong Mix $17.6M Q1 2025 Total TCV Bookings (15%) YoY | (4%) QoQ $5.4M Q1 2025 TCV MIPS Bookings +85% YoY | (21%) QoQ $15.2M Q1 2025 TCV MIPS + PS Bookings +7% YoY | (8%) QoQ 5
Slide 6: General Observations
General Observations Impact of Tariffs ➢ Seasonal retail clients impacted by tariffs on offshore goods ➢ Retailers with tight inventory cycles seeing margin pressure ➢ Industrial firms holding inventory, delaying price hikes for now ➢ Growing demand for data, automation, and tariff-tracking solution
Slide 7: Q1 2025 Review
Q1 2025 Review pivotree”
Slide 8: Positive Sequential Revenue Trend in Core Growth Segments
Positive Sequential Revenue Trend in Core Growth Segments $19.2M Total Revenue +5% QoQ growth $3.7M Managed & IP Solutions +8% QoQ growth $14.8M PS + MIPS +8% QoQ growth 8
Slide 9: Two Consecutive Quarters of Stable Adjusted EBITDA and Gross Margin Production
Two Consecutive Quarters of Stable Adjusted EBITDA and Gross Margin Production Gross Profit and Adjusted OpEx ($M) Adjusted EBITDA and Net Income ($M) 9
Slide 10: $2.6M Net Cashflow Driven by Core Operations and Working Capital Recovery
$2.6M Net Cashflow Driven by Core Operations and Working Capital Recovery 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