Slide 1: Q2 2021 highlights
Q2 2021 highlights AUGUST 13, 2021
Slide 2: Forward-looking and cautionary statements
FORWARD-LOOKING AND CAUTIONARY STATEMENTS Forward-looking statements are included in this presentation. These forward-looking statements are identified by the use of terms and phrases such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will
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: Today's speakers
TODAY’S SPEAKERS PHIL MITTLEMAN MICHAEL LEHMANN STEVE LEONARD Chief Executive Officer President Chief Financial Officer © 2021 Aimia. All rights reserved. 4
Slide 5: Agenda
AGENDA Strategic Investment Financial highlights highlights highlights © 2021 Aimia. All rights reserved. 5
Slide 6: Strategic highlights
STRATEGIC highlights PHIL MITTLEMAN
Slide 7: Q2 2021 strategic highlights
STRATEGIC HIGHLIGHTS Q2 2021 HIGHLIGHTS Strategic Objectives Results • PLM: continued to perform well as it demonstrated ongoing recovery in its operating performance. Aimia received a distribution of $5.3 million in Q2 2021. • Kognitiv: focused on the commercialization of its business and continued
Slide 8: Investment highlights
INVESTMENT highlights MICHAEL LEHMANN
Slide 9: PLM member base and gross billings
INVESTMENT HIGHLIGHTS PLM MEMBER BASE AND GROSS BILLINGS Members enrolled (million) +5.9% YoY 7.0 7.1 7.2 6.6 6.7 6.8 6.8 6.9 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 PLM Gross Billings(1) (million USD) +120.9% YoY 71.6 71.8 +25.1% QoQ 64.3 44.4 37.2 35.5 20.1 26.3 Q3 2019 Q4
Slide 10: PLM distributions and Adjusted EBITDA
INVESTMENT HIGHLIGHTS PLM DISTRIBUTIONS AND ADJUSTED EBITDA* (1) PLM Adjusted EBITDA (million USD) ** YoY 21.5 21.7 22.3 +6.9% QoQ 11.6 12.4 10.2 8.8 -3.4 (2) (3) (4) Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2019 2019 2020 2020 2020 2020 2021 2021 Distributions paid to Aimia (million CAD) -39.8% YoY Temporarily susp
Slide 11: PLM financial metrics
INVESTMENT HIGHLIGHTS PLM FINANCIAL METRICS* (in millions of U.S. dollars, unless otherwise noted) Operational Metric Q2 2021 Q2 2020 1H 2021 1H 2020 Enrolled members 7.2 6.8 7.2 6.8 Financial Metrics Q2 2021 Q2 2020 1H 2021 1H 2020 Gross Billings 44.4 20.1 79.9 84.3 Revenue 48.6 23.4 77.3 78.6 Earn
Slide 12: Kognitiv financial metrics
INVESTMENT HIGHLIGHTS KOGNITIV FINANCIAL METRICS* Revenue (million CAD) Kognitiv announced a sales transaction and partnership agreement with IRI on March 18, 2021 25.2 23.9 14.4 13.1 (2) Q3 2020 Q4 2020 Q1 2021(2) Q2 2021 Adjusted EBITDA(1) (million CAD) (6.3) (9.5) (11.4) (12.0) (2) Q3 2020 Q4 202
Slide 13: Mittleman Investment Management
INVESTMENT HIGHLIGHTS MITTLEMAN INVESTMENT MANAGEMENT Assets Under Management (million CAD) 201.4 230.3 244.8 226.9 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Revenue from investment management fees (million CAD) 0.9 (1) 0.4 0.4 0.5 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Earnings (loss) before income taxes (million C
Slide 14: Clear Media
INVESTMENT HIGHLIGHTS CLEAR MEDIA • Clear Media is the largest outdoor advertising firm in China with a network of Key Highlights: over 59,000 display panels covering 24 cities. • In May 2020, Aimia invested • The company is undergoing a privatization transaction led by a blue-chip $76.2 million to
Slide 15: Financial highlights
FINANCIAL highlights STEVE LEONARD
Slide 16: Consolidated financial results
FINANCIAL HIGHLIGHTS CONSOLIDATED FINANCIAL RESULTS (in millions of Canadian dollars) Consolidated Financial Results Q2 2021 Q2 2020 1H 2021 1H 2020 Share of net earnings (loss) of equity-accounted investments (2.4) 4.0 (6.8) (1.5) Net change in fair value of investments in equity instruments 4.1 4.
Slide 17: Holdings segment results
FINANCIAL HIGHLIGHTS HOLDINGS SEGMENT RESULTS* (in millions of Canadian dollars) Q2 2021 Q2 2020 1H 2021 1H 2020 Share of net earnings (loss) of equity-accounted investments (2.4) 4.0 (6.8) (1.5) Net change in fair value of investments in equity instruments 4.1 4.6 9.5 4.6 Interest income 0.2 0.5 0.
Slide 18: Movements in cash and cash equivalents
FINANCIAL HIGHLIGHTS MOVEMENTS IN CASH AND CASH EQUIVALENTS (in millions of Canadian dollars) (2) (1) • Precog $(25.0) • Other $(2.5) (1) Holdings cash operating costs is calculated as the sum of compensation and benefits, professional, advisory and service fees, technology and other office expenses
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Slide 20: Investor relations contact
INVESTOR RELATIONS CONTACT Tom Tran, MBA Director, Investor Relations Phone: +1 647 208 2166 Email: tom.tran@aimia.com www.aimia.com