Dlh Holdings Corp. · NASDAQ:DLHC
Dlh — Q4 2025 Earnings Presentation
12 slides from Dlh's earnings presentation, Dec 11, 2025
Slide 1: FY2025 Fourth Quarter Earnings
FY2025 Fourth Quarter Earnings Three and Twelve Months Ended 9.30.25 December 11, 2025 1 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 2: Call Participants
Call Participants Zach Parker President and Chief Executive Officer Kathryn JohnBull Chief Financial Officer 2 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 3: Forward-Looking Statements
Forward-Looking Statements “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or DLH`s futur
Slide 4: CEO key updates
CEO key updates Fiscal 2025 Q4 DLH continues to leverage technology and expertise to expand avenues for growth • CMMC Level 2 certification demonstrates cybersecurity excellence, positions company to compete for high-value business in defense markets • Represented government services industry in dis
Slide 5: Advancing Strategic Capabilities to Fuel Innovation
Advancing Strategic Capabilities to Fuel Innovation Digital Transformation & Systems Engineering & Science, Research & Structured around three core capability Cybersecurity (“DTC”) Integration (“SEI”) Development (“SRD”) areas designed to meet the critical missions and evolving needs of our customer
Slide 6: Financials
Financials Kathryn JohnBull, Chief Financial Officer 6 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 7: FY25 Q4 results
FY25 Q4 results $ millions Revenue EBITDA Free Cash Flow $96.4 $81.2 $10.7 $12.2 $10.7 $6.6 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 FY24 Q4 FY25 Q4 $62.2 million TPS1 $54.5 million TPS + Scaled variable indirect costs ↔ Strong cash collections in Q4, paced by a reduction in DSO + Contribution from new contr
Slide 8: FY25 Results
FY25 Results $ millions Revenue EBITDA Free Cash Flow $395.9 $42.0 $344.5 $26.5 $34.0 $23.0 FY24 FY25 FY24 FY25 FY24 FY25 $256.0 million TPS1 $228 million TPS + Scaled variable indirect costs ↔ Strong cash collections second half of the fiscal delivered strong cash flow + Contribution from new contr
Slide 9: Strong collections result over $10M in debt reduction
Strong collections result over $10M in debt reduction Debt reduction, organic growth remain capital allocation priorities Debt reduced by $10.7 million in Q4 to $131.6 million • Mandatory term debt paid through September 30, 2026, a year ahead of schedule • Adequate liquidity available through colle
Slide 10: Your Mission is Our Passion
Your Mission is Our Passion 10 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 11: Appendix
Appendix 11 CONFIDENTIAL & PROPRIETARY © Copyright 2025 DLH Holdings Corp. All Rights Reserved.
Slide 12: Non-GAAP Reconciliations
Non-GAAP Reconciliations This document contains non-GAAP financial information including EBITDA, EBITDA as a percent of revenue, Free Cash Flow which are not recognized measurements under accounting principles generally accepted in the United States, or GAAP, and when analyzing our performance and l