Atlas Critical Minerals Corporation · NASDAQ:ATCX
Atlas Critical Minerals — Atlas Technical Consultants — Q1 2022 Earnings Presentation
17 slides from Atlas Critical Minerals's earnings presentation, May 11, 2022
Slide 1: First Quarter 2022 Earnings Presentation
May 10, 2022 FIRST QUARTER 2022 EARNINGS PRESENTATION
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS 2 The statements contained in this presentation that are not purely historical are forward - looking statements and involve a number of risks and uncertainties. Our forward - looking statements include, but are not limited to, statements regarding our or our management tea
Slide 3: Presenters
PRESENTERS Joe Boyer Chief Executive Officer 30+ years of experience Oversaw the delivery of infrastructure planning, engineering, architecture, construction management, environmental consulting and program management services as CEO, Atkins North America Previously held the position of President of
Slide 4: Q1 2022 Highlights
Q1 2022 HIGHLIGHTS Strong Organic Growth, Solid Operating Performance, and Record Backlog 1 . Adjusted EBITDA, Net Revenue, Adjusted Net Income and Adjusted EPS are not financial measures determined in accordance with GAAP. For a definition of Adjusted EBITDA, Net Revenue, Adjusted Net Income and Ad
Slide 5: Macro Trends Driving Growth
Infrastructure Renewal of assets overdue for improvement, replacement and connectivity to ensure safety and reliability Environmental & Climate Actions to sustain, remediate and strengthen natural and built assets and support the transition to a low - carbon economy MACRO TRENDS DRIVING GROWTH Focus
Slide 6: Growth Drivers: Where We Add Value
CLIENTS’ ESG DRIVERS Testing, Inspection & Certification Environmental Solutions Program, Construction & Quality Management Engineering & Design Quality, Safety & Risk Management Smart Cities Future of Mobility Materials Innovation Climate Adaptation & Resilience Renewable Energy Transition Ecosyste
Slide 7: Project examples: King County and LA Metro
Atlas provided construction management and environmental compliance services on an in - water work restricted schedule for King County. Construction was performed along the Duwamish River and incorporated existing wetlands. Atlas was responsible for monitoring contractor's compliance with project pe
Slide 8: TranSmart & Alliance Acquisitions
TRANSMART & 1 ALLIANCE ACQUISITIONS Expands Atlas’ Transportation Technology Capabilities • TranSmart and 1 Alliance acquisitions exemplify Atlas’ M&A strategy: x Add technical expertise to cross - sell to Atlas’ clients x Add geographic markets with strong funding tailwinds and high value customers
Slide 9: M&A Integration Success
M&A INTEGRATION SUCCESS Accelerating Growth Through Cross - Selling Synergies Cross - Selling Highlights Integration Highlights • Atlas/Alta Vista, through a JV with WSP, secured the $115M Penn Station Access CM/PM project by leveraging Alta Vista’s relationships and local resume, supported by Atlas
Slide 10: Record Backlog
RECORD BACKLOG 2017 $502M 2022 $851 M ….plus, an additional ~ $110M of new awards pending contract execution …. BACKLOG & KEY WINS Record backlog fueled by cross - selling Q1 Key Wins Value End Market Service Walsh Group/Sundt JV, Construction Quality Assurance $5M Transportation PCQM TxDOT, Austin
Slide 11: Financial Highlights
(Dollars in Millions) 11 1 . Adjusted EBITDA, Net Revenue, Adjusted Net Income, and Adjusted EPS are not financial measures determined in accordance with GAAP. For a definition of these metrics and a reconciliation to our most directly comparable financial measure calculated and presented in accorda
Slide 12: Strategic Priorities
STRATEGIC PRIORITIES Driving Value Through Growth and Capital Structure Improvement Organic Growth M&A Improve Capital Structure ESG • Cross - selling of services across customers and geographies • Increase penetration with larger regional and national customers • Capitalize on favorable end - marke
Slide 13: Full Year 2022 Outlook
FULL YEAR 2022 OUTLOOK Reaffirming 2022 outlook with robust backlog and continued market tailwinds 1 . Adjusted EBITDA, Net Revenue, Adjusted Net Income and Adjusted EPS are not financial measures determined in accordance with GAAP. For a definition of Adjusted EBITDA, Net Revenue, Adjusted Net Inco
Slide 14: Summary
Growth is being driven by increased demand from both public and private sector customers and supported by secular trends such as the aging of infrastructure and increased focus on environmental sustainability. Executing on accretive and deleveraging M&A, integration efforts, cross - selling initiati
Slide 15: Appendix
APPENDIX 15
Slide 16: Reconciliation to GAAP: Net Income (Loss) to Adj. EBITDA
RECONCILIATION TO GAAP Net Income (Loss) to Adj. EBITDA 1 6 ATLAS TECHNICAL CONSULTANTS, INC. AND SUBSIDIARIES UNAUDITED RECONCILIATION OF GROSS REVENUES TO NET REVENUES Amounts in thousands For the quarters ended April 1, 2022 April 2, 2021 (Unaudited) Gross Revenue $ 135,187 $ 123,269 Subcontracto
Slide 17: Reconciliation to GAAP: Net Income & EPS to Adjusted
RECONCILIATION TO GAAP Net Income (Loss) & EPS to Adj. Net Income and Adj. EPS 1 7 For the quarters ended April 1, 2022 April 2, 2021 (Unaudited) Net loss $ (4,418) $ (14,790) Amortization of intangible assets 4,604 3,164 Write - off of deferred financing costs - 15,197 Other non - recurring expense
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