Investor Presentaiton

Made public by

sourced by PitchSend

16 of 39

Creator

PitchSend logo
PitchSend

Category

Pending

Published

Unknown

Slides

Transcriptions

#1EXCO Technologies Limited Investor Presentation Shaping a Sustainable Future December 2021#2Cautionary Statement EXCO This presentation contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. We use words such as "anticipate", "may", "will", "should", "expect", "believe", "estimate", "5-year target” and similar expressions to identify forward-looking information and statements especially with respect to growth, outlook and financial performance of the Company's business units, contribution of our start-up business units, contribution of awarded programs yet to be launched, margin performance, financial performance of acquisitions, liquidity, operating efficiencies, improvements in, expansion of and/or guidance or outlook as to future revenue, sales, production sales, margin, earnings, earnings per share, including the outlook for 2026, are forward- looking statements. These forward-looking statements include known and unknown risks, uncertainties, assumptions and other factors which may cause actual results or achievements to be materially different from those expressed or implied. These forward-looking statements are based on our plans, intentions or expectations which are based on, among other things, the current improving global economic recovery from the COVID-19 pandemic and containment of any future or similar outbreak of epidemic, pandemic, or contagious diseases that may emerge in the human population, which may have a material effect on how we and our customers operate our businesses and the duration and extent to which this will impact our future operating results, assumptions about the number of automobiles produced in North America and Europe, production mix between passenger cars and trucks, the number of extrusion dies required in North America and South America, the rate of economic growth in North America, Europe and emerging market countries, investment by OEMS in drivetrain architecture and other initiatives intended to reduce fuel consumption and/or the weight of automobiles in response to rising climate risks, raw material prices, supply disruptions, economic conditions, inflation, currency fluctuations, trade restrictions, our ability to integrate acquisitions, our ability to continue increasing market share, or launch of new programs and the rate at which our current and future greenfield operations in Mexico and Morocco achieve sustained profitability. Readers are cautioned not to place undue reliance on forward-looking statements throughout this document and are also cautioned that the foregoing list of important factors is not exhaustive. The Company will update its disclosure upon publication of each fiscal quarter's financial results and otherwise disclaims any obligations to update publicly or otherwise revise any such factors or any of the forward- looking information or statements contained herein to reflect subsequent information, events or developments, changes in risk factors or otherwise. For a more extensive discussion of Exco's risks and uncertainties see the 'Risks and Uncertainties' section in our latest Annual Report, Annual Information Form ("AIF") and other reports and securities filings made by the Company. This information is available at www.sedar.com or www.excocorp.com EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 2 Ⓡ#3Company Overview • • Business Highlights Manufacturer of tooling for the light metal industries + interior trim components & solutions for the automotive market Very strong growth profile driven by the increasingly rapid adoption of electric vehicles and broader environmental sustainability trends Leading market positions in niche industries; over 65 year operating history Global footprint with 16 plants in 7 countries and 4,900 employees; concentrated in low cost jurisdictions • Financial Highlights Ⓡ EXCO F2021 revenue of C$461 million and EBITDA of C$70 million (15% margin) • Consistently strong free cash flow • Dividend has been increased 13 times in 12 consecutive years • Net-cash position & very strong liquidity F2021 Sales by Customer Location • Meaningful diversity of customers and end markets . Decentralized divisions run as profit centers • TSX-XTC, OTCQX-EXCOF; single share class; insiders own 48% United States 6%5% Europe 11% Mexico 16% Canada Other 62% EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 3#4Principal Business Segments Fiscal 2021 Revenue and EBITDA C$461 million Revenue Neocon 57% Automotive Solutions (C$263M) AFX 43% Casting & Extrusion (C$198M) Polydesign Polytech Fiscal year ended September 30 Extrusion Tooling Large Mould Group Castool Ⓡ EXCO C$70 million in EBITDA (15% Margin) C$40M Casting & Extrusion (20% Margin) C$37M Automotive Solutions (14% Margin) (C$7M) Corporate Expense EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 4#5Strong Growth Profile Ⓡ EXCO Anticipated pathway to a five-year 10% Revenue CAGR with further sizeable potential upside Revenue C$ Millions 250+ 1,000+ 100 ~750 Further 10% CAGR 65 90 Various programs awarded in F21: Above market growth 30 ~460 Two new plants: Morocco; Above market growth operational early F22 - Mexico; from share gains: - Extrusion related ~5% CAGR - Significant content on new EV platforms Will commence between F21-F23 Significant potential for further upside from additional CPV: ~7% CAGR in CPV which is the mid- point of historical range Assumes relatively flat vehicle production upside from potential acquisitions supported by net cash position and unleveraged balance sheet operational early F23 - HPDC related volumes in N.A. ~10% CAGR and Europe LTM Q3 F21 Castool Greenfields Casting and Auto Solutions Auto Solutions Fiscal 2026 Target Extrusion Organic Awarded Programs Organic Potential Acquisitions Fiscal 2026 Target with Acquisitions Fiscal year ended September 30 HPDC: High Pressure Die Cast, CPV: Content Per Vehicle EXCO TECHNOLOGIES LIMITED | 5#6End Customer Sales Diversity Consolidated Sales by Ultimate OEM customer 11 OEM's 16% 4% 4% 5% 6% Non-Automotive 27% EXCO Non - Automotive: Extrusion-related tooling sales, which are sold to a highly diverse range of customers/ end markets, including: Building and Construction ➤ Transportation Consumer Durables Electrical ➤ Machinery & Equipment Key Automotive OEMs: gm Ford 7% 9% 10% 13% STELLANTIS NISSAN ☑ HYUNDAI JAGUAR LAND- ROVER TOYOTA SUBARU. T VOLVO H TESLA RIVIAN EXCO TECHNOLOGIES LIMITED | 6 Ⓡ#7ESG Strategic Priorities EXCO Marketplace ● Leader in innovation for vehicle light-weighting and sustainable production processes Environment ใ Responsible use of resources: energy efficiency, waste management, use of recycled materials and a focus on clean energy People Diversity & inclusion, health & safety, training & development, fair labour practices Society Giving back to local communities Governance ESG . Board diversity and balanced oversight ENVIRONMENTAL SOCIAL 剑。 GOVERNANCE EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 7 Ⓡ#8Exco Values Safety: We strive for all our employees to go home unharmed Entrepreneurial spirit: Our culture fosters idea generation and risk taking Excellence: We set the standard for high quality craftsmanship 4/8 Integrity: We expect honesty and transparency in all our dealings DO-O-DO ODO Accountability: We empower our people to make decisions and reward them accordingly Inclusion: We believe that a diverse workforce delivers the best results Social responsibility: Focused on a sustainable future through implementation of our ESG strategic priorities EXCO EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 8 Ⓡ#9Vision and Mission Mission: We enhance the look and functionality of passenger vehicles and tool up light metal industries for superior performance EXCO Vision: To be the benchmark for innovation, efficiency and quality in the industries we serve EXCO TECHNOLOGIES LIMITED (TSX: XTC) 19 Ⓡ#10Global Presence 16 Manufacturing Locations in 7 Countries and 4,900 Employees EXCO Chesterfield, MI Toledo, OH Troy, MI** Port Huron, MI** Uxbridge, ON Newmarket, ON Markham, ON Dartmouth, NS Matamoros, MX (2) Wylie, TX Queretaro, MX (2) **Sales office Medellin, Colombia Sorocaba, Brazil Tangier, Morocco Kenitra, Morocco Chonburi, Thailand Casting & Extrusion Technologies Extrusion Tooling Group Large Mould Group Castool Group O Automotive Solutions EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 10 Ⓡ#11Automotive Solutions Segment €900.0 EXCO TECHNOLOGIES LIMITED | 11#12Automotive Solutions Segment Ⓡ EXCO An innovative provider of interior trim and convenience solutions to the global auto market Competitive Strengths . Leading supplier of flexible restraint (netting), vehicle protection (cargo trays/ mats) and storage systems • Market Conditions Production significantly disrupted by COVID-19 in 2020 and micro chip shortage in 2021 • • Specialists in manufacturing/cutting/ wrapping and assembly of various interior trim components Approximately 40% of sales are OEM direct (tier 1) and remainder primarily tier 2; no aftermarket Above-market growth potential given trend towards SUV/CUV's and EV's (greater cabin/ cargo space) Launching C$65 million of key new programs F21 - F23 • • Mix of highly innovative accessory and core parts gives exposure to both sales and production cycles Serve North American and European markets from four strategically located plants in low-cost Free Trade Zones: Mexico, Morocco and Canada IHS projects production will rebound towards historical norms in 2022 Vehicle Production/ IHS Projections Number of Units (millions) 22.2 22.0 21.1 18.7 17.1 17.0 16.3 16.6 16.1 15.2 13.0 13.0 2017 2018 2019 2020 2021P 2022P North America ■Europe EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 12#13Automotive Solutions Segment Four businesses provide an expanding array of product offerings Business Manufacturing Location(s) Facility Size • Polytech Mexico 130,000 sq ft • • • Key Products/ Programs EXCO Tier 1 and 2 supplier to a highly diverse customer list for the N.A. market Netting-based storage systems for trunks, seat backs and door panels, etc. Netting-based restraint systems for passenger/ cargo separation Plastic injected moulded consoles, gearshift boots and componentry • Similar products as Polytech . Polydesign Morocco 215,000 sq ft • Cutting and sewing of leather for instrument panels, door panels, consoles, steering wheels, sun visor assembly and wrapping Go-to company for wrapping of automotive parts in Europe Neocon Canada • Tier 1 supplier to 20+ OEM's for the N.A. market • Thermoformed products 77,000 sq ft • Cargo organizer systems . Flooring and protective systems including bumper covers • AX • Mexico 96,000 sq ft Tier 2 supplier of interior trim components to diversified N.A customers Die cut leather sets for seating and most other interior trim applications Leather wrapped, machine and hand sewn automotive interior parts include steering wheels & center caps, shift knobs & boots, brake handles, armrests EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 13 Ⓡ#14Polytech EXCO Leading manufacturer of automotive netting and storage solutions for North America • . • • Business Overview Clear market leader in design, engineering and manufacturing of flexible restraint and storage systems for OEM customers in North America Product portfolio continues to broaden into other automotive interior components such as gap-hiders Vertically integrated operations facilitates low cost and high quality production Mix of accessory and core products sold to a diversified customer list, including approximately 15 OEM's and dozens of Tier 1 customers globally Significant truck/SUV/ CUV and growing EV exposure • 130,000 sq ft facility located in Mexico Console & IP solutions Fabric Steering Column Gap Hilder Fabric Manual Shift Boot Fabric Park Brake Boot Molded Shift Boot & Knob Removable Console Bag Wrapped Armrest/Console Components Seatback Net with Molded Frame @ Seating & Interior Solutions Headrest Covers Wrapped Door Inserts Truck Bed Web Grid Envelope Net Static Cargo Shade Rear Compartment & Trunk Multi Position Net with Track Rear 1/4 Panel Net & Solutions Molded Frame EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 14#15Polydesign Leading manufacturer of automotive netting and wrapped products for Europe Business Overview EXCO • Diversified product portfolio with an emphasis on integrated assemblies that take advantage of our • • vertical integration (injection moulding, foaming, cut, sew, knitting, weaving, braiding) Key products include wrapped parts, netting solutions, injection moulded components and sun visors Primarily a Tier 2 supplier delivering products to approximately 25 unique customers in 29 countries Strategically located to supply Europe more economically than many competitors 215,000 sq ft facility located in Tangier, Morocco Headrests Cargo management Door panel Armrest Consoles Leather-wrapped nets steering wheels Seat back nets Sun visors Shift and brake boots EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 15 Ⓡ#16Neocon EXCO Award winning designer and manufacturer of innovative accessory products for OEM's Business Overview • Diversified and growing portfolio of vehicle protection and storage solutions Market leader in thermoformed cargo trays and chrome plated bumper protectors Cargo Netting Applications • . • Significant SUV/ CUV and growing EV exposure driven by outsized cargo areas in these vehicles Highly creative team with full in-house capabilities including design, manufacturing, process research and material development Tier 1 supplier to 20+ automotive OEM's in North America; market share gains from aftermarket providers 77,000 sq ft facility located in Halifax, Nova Scotia Cargo Storage Solutions Bumper Protectors Branded Applications Interior Comfort Accessories Door Scuff Protectors Tray Liners Cargo Containment Solutions Tailored Cargo Liners Seatback Protectors Chrome Mirror Accents Protective Side Body Molding @ All Weather FloorMats EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 16#17AX Leading supplier of hand wrapped interior trim components in North America Business Overview EXCO • Leading independent supplier of hand wrapped interior trim components TR Specialists in cutting leather and other trim materials • . . • for seating and various applications Tier 2 supplier to a diversified customer base, serving domestic and non-domestic OEM's Growth is expected in overall market for leather and leather-like interior components as OEMs continue to look to add content in their vehicles Long relationship with premium European tannery 96,000 sq foot facility located in Mexico to serve the North American market PRNO S-D 15+ 12 3 San Ⓡ EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 17#18@ A156 10L60 DIE 77 30.000 Casting & Extrusion Segment EXCO TECHNOLOGIES LIMITED | 18#19@ Casting & Extrusion Segment EXCO World's largest independent provider of tooling for the Extrusion and Die Cast markets Competitive Strengths • Large scale, diversified operations with a total of 12 tooling plants in six countries • Upgraded equipment and commonality of . Market Conditions Aluminum use is growing across many applications with significant increased demand within the automotive industry driven by environmental sustainability trends, including the adoption of EV's Increased aluminum demand favorable for both extrusion and die-cast North American Light Vehicle Aluminum Content • . • Leading market positions in both die-cast and extrusion tooling; global leader in 3D printed tooling solutions for die-casting manufacturing processes Fragmented market; competitors lack the financial strength, market reach and capabilities of Exco Exposure to long cycle programs & essential services provides stability to revenues in economic downturns Approximately 50% of tooling revenues derived from a diverse number of non-automotive end markets Net pounds per vehicle 565 520 466 397 340 306 258 212 165 139 120 84 1975 1980 1985 Ducker Worldwide 1990 1995 2000 2005 2010 2015 2020 2025 2028 EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 19#20@ Casting & Extrusion Segment EXCO Vehicle light-weighting provides significant growth opportunity across the entire segment Ever more stringent fuel efficiency and emission reduction standards are driving the development of increasingly advanced engines and transmissions by OEM and tier 1 suppliers Better fuel economy and lower emissions are also driving transition from steel to aluminum alloys in the production of non- powertrain structural components Electric vehicles make extensive use of aluminum components to reduce weight and maximize battery performance Aluminum components and associated tooling are becoming larger and more complex, playing to Exco's strength normalized to CAFE 857 15 75 55 Miles per gallon (gasoline equivalent), 65 45 35 25 2000 Passenger Car Fuel Efficiency historical performance enacted target 2005 Mexico 2018: 39 36 EU 2030: 81 China 2025: 58 Canada 2025:55 US 2026: 48 31 16 11 2010 2015 2020 2025 2030 The International Council on Clean Transport Kilometers per liter (gasoline equivalent) EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 20#21Casting & Extrusion Segment Ⓡ EXCO Both Internal Combustion Engine and Electric Vehicles are using an increasing number of extruded and die-cast aluminum components to reduce weight Roof Rails Rear Bumper Beams Rear Subframes B Pillars Rockers Flo Instrument Panel Beam Components Electronics Housing Shock Towers Transmission Housings Engine Blocks Engine Cradles Grill Opening Reinforcement Battery Boxes Seat Crossmembers Door Intrusion Beams Front Bumper Beams EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 21#22Casting & Extrusion Segment Giga-sized Castings Provide Significant Growth Opportunities · • • Castool is the primary supplier of tooling (shot sleeves, inserts, rings, plunger tips, shot rods, etc) for Tesla's Giga presses globally Provides significant near term growth opportunities as Tesla ramps up factories in Berlin and Texas Molds and associated tooling (shot sleeves, rings, tips, rods, etc) are becoming much larger and increasingly complex to produce these larger castings We expect traditional OEMs and their tier suppliers to follow Tesla's lead over time Exco is making significant additional investments in its people, equipment and processes to remain a leading supplier and capture anticipated growth T T Tesla @Tesla - Feb 4 World's biggest die casting machine Tesla 860 17 3.7K @Tesla - Feb 4 30K It can cast front & rear vehicle underbodies in a single piece each - down from 70+ parts for same sections previously EXCO EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 22 Ⓡ#23Casting & Extrusion Segment Three related business groups covering die-cast and extrusion tooling Group Business Large Mould EXCO Manufacturing Locations Total Group Facility Sizes Key Products/ Programs Ⓡ EXCO Design and manufacture of large high pressure die-cast moulds . Ontario, Canada Toledo, Ohio 200,000 sq ft • Rebuild of existing moulds • Queretaro, Mexico ENGINEERING . • Ontario, Canada • Extrusion Tooling ETS Michigan, USA Integrated additive manufacturing Design and manufacture of dies for aluminum extrusion • Texas, USA 210,000 sq ft • Queretaro, Mexico EXCO TOOLING SOLUTIONS • Medellin, Colombia . Sorocaba, Brazil . Ontario, Canada Castool CASIOOL • Chonburi, Thailand 150,000 sq ft Proprietary supporting tooling and systems for the die-cast and extrusion markets TOOLING SYSTEMS Kanitra, Morocco *Kenitra facility currently under construction EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 23#24Large Mould Group EXCO Aluminum-focused tooling for automotive powertrain and structural components . • • • Business Overview Largest independent manufacturer of high pressure die-cast (HPDC) moulds in N.A.; exclusively focused on large moulds Moulds for both powertrain and non-powertrain components Mix of revenues from new programs and ongoing rebuild work Industry-leading design, engineering, manufacturing equipment and processes; currently upgrading all capabilities to handle "giga-sized" moulds Tier 1 partner to North American, European and Asian OEM's 3,500 ton die-casting machine and foundry to test products and replicate customer processes. Furnaces deliver standard aluminum alloy, structural aluminum alloy & magnesium C 701 600-20 EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 24. Ⓡ#25@ Exco Additive Manufacturing EXCO Global leader in the additive manufacturing of tool steel for die casting applications • Business Overview • Four, quad-laser, large scale additive machines dedicated for tooling applications Fully integrated into large mould design to provide enhanced overall die performance and life over conventionally built tools Thermal and stress simulation drives design and optimizes cooling channel placement Dedicated 5-axis machining centers and in-house heat treatment ensures speed of execution and quality control F2019 Winner of Automotive Industry PACE Award Automotive News PACE AWARD 25 ARMA Automotive News PACE 25 AWARD BE LEAD. REACH, CONNECT. EXCLUSIVE LEAD SPONSOR: APMA 2019 WINNER Conformal cooling channel on a 3D-printed water jacket. EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 25#26@ Extrusion Tooling Group EXCO Largest designer and manufacturer of dies for aluminum extrusions in the Americas Business Overview Extruded Products by End Market¹ • Six manufacturing locations in the Americas (Ontario, Michigan, Texas, Mexico, Brazil, Colombia) Transportation/Auto 10% Building & Construction 10% 31% • Estimated market share of 30% in North America · • · Commonality of design and manufacturing process across plants provides unmatched flexibility Leading edge technology and upgraded machinery Very diverse end-market demand; majority non-auto and a number of "essential" industries Automotive applications growing double digits through light-weighting & electric vehicle demands Customer consolidation and competitor shake-out benefiting well-capitalized players such as Exco 10% 37% 1 The Aluminum Association, Exco Consumer Durables Electrical | Machinery & Equipment Other EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 26#27CASIOOL TOOLING SYSTEMS® EXCO Equipment, accessories and tooling for aluminum die-cast machines and extrusion presses • . Business Overview Proprietary consumable tooling components and modular systems designed to dramatically increase overall efficiency through improved uptime & reduced scrap Systems-based design results in significant recurring revenues from related tooling components Increasing size and complexity of components (such as Tesla's large structural castings) are driving the need for highly engineered tooling solutions Dummy Blocks Plunger Tips Die-Cast Shot Sleeves • • • Products promote energy conservation and environmental friendliness Clear market leader; highly diverse customer base and Extrusion Containers global reach through 3 manufacturing plants Patented products, materials and processes CASTOOL SUPEROVEN Die Ovens Ⓡ EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 27#28Financial Results EXCO TECHNOLOGIES LIMITED | 28#29Revenue by Segment Ⓡ EXCO Anticipated pathway to a five-year 10% Revenue CAGR with further sizeable potential upside C$ Millions 1 Potential Acquisitions Automotive Solutions Casting and Extrusion 461 456 412 263 268 231 181 198 F2020 Fiscal year ended September 30 188 F2021 TTM Q3 F2021 10% CAGR ~750 - 1,000+ 250+ ~400 ~350 F2026 Target EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 29#30EBITDA by Segment Expect to maintain industry leading margins in both reporting segments C$ Millions 1 Potential Acquisitions ~120-160+ EXCO Corporate Automotive Solutions Casting and Extrusion 40+ 70 71 11% CAGR ~60 53 37 40 28 ~70 32 40 38 EBITDA Margin F2020 F2021 TTM Q3 F2021 F2026 Target Auto Solutions 12% 14% 15% -15% Casting & Extrusion 18% 20% 20% -20% Consolidated 13% 15% 16% ~16% Fiscal year ended September 30 EXCO TECHNOLOGIES LIMITED | 30 Ⓡ#31Net Income EXCO Strong revenue growth profile and margin focus drives significant expected profit gains C$ Millions 42.0 38.4 27.4 F2020 F2021 TTM Q3 F2021 Basic and Diluted EPS $0.69 $0.98 $1.07 12% CAGR ~75.0 Target F2026 (without acquisitions) $1.90 @ EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 31#32Cash Flow Generation EXCO Exceptional EBITDA to free cash flow conversion with proceeds prioritized for growth capex and shareholder returns C$ Millions F2021 53% EBITDA Conversion $0.95/ share of FCF $0.39/ share returned I I to shareholders I 70 (8) (15) (10) 37 (28) (16) (6) EBITDA Taxes/Interest/ Working Capital Maintenance Free Cash Flow Other Capex Net Growth I Dividends Capex Net Cash Consumed Fiscal year ended September 30 EXCO TECHNOLOGIES LIMITED | 32 @#33Capital Expenditures EXCO Near Term Capex will Remain Elevated to Support Strong Organic Growth Initiatives C$ Millions Fiscal year ended September 30 55 F2022 Budgeted Capex Castool Greenfields 43 Growth Capex 12 Maintenance Capex Maintenance Energy Efficient Heat Treatment Equipment Casting & Extrusion Capacity Increases Auto Solutions Capacity Increases @ EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 33#34Dividend EXCO In February 2021 Dividend was increased 5% to an annualized rate of 40 cents per share CAD Cents/ Share 10.5 14% CAGR 40.0 @ F2011 F2012 F2013 F2014 F2015 F2016 F2017 F2018 F2019 F2020 F2021 EXCO TECHNOLOGIES LIMITED | 34#35Financial Leverage & Liquidity Balance Sheet in a $19M Net Cash Position as at September 30, 2021 EXCO C$ Millions 40 40 30 20 20 10 Exco C$19M Net Cash Ⓡ • Annual EBITDA of C$70M • C$50M committed revolver matures February 2023 I Bank Indebtedness/ Other • Cash 24 24 0 6 -10 Balance sheet cash of $24M • Significant cushion to bank facility covenants EXCO TECHNOLOGIES LIMITED | 35#36Questions ? EXCO EXCO TECHNOLOGIES LIMITED (TSX: XTC) | 36 Ⓡ

Download to PowerPoint

Download presentation as an editable powerpoint.

Related

Q4 & FY22 - Investor Presentation image

Q4 & FY22 - Investor Presentation

Financial Services

FY23 Results - Investor Presentation image

FY23 Results - Investor Presentation

Financial Services

Ferocious - Plant Growth Optimizer image

Ferocious - Plant Growth Optimizer

Agriculture

Market Outlook and Operational Insights image

Market Outlook and Operational Insights

Metals and Mining

2023 Investor Presentation image

2023 Investor Presentation

Financial

Leveraging EdTech Across 3 Verticals image

Leveraging EdTech Across 3 Verticals

Technology

Axis 2.0 Digital Banking image

Axis 2.0 Digital Banking

Sustainability & Digital Solutions

Capital One’s acquisition of Discover image

Capital One’s acquisition of Discover

Mergers and Acquisitions