Investor Presentaiton
| BUSINESS UPDATE
Dye &
Durham
C$479 million and C$264 million of revenue and Adjusted EBITDA¹, respectively, for the LTM period ended December 31, 2022
Despite macroeconomic headwinds in the real estate market and contracted sales activity (38% decline in quarterly YoY Canadian real
estate transaction volumes), D&D continues to perform well as a business:
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28% and 25% YoY Revenue and Adjusted EBITDA¹ growth, respectively, for the LTM period ended December 31, 2022
In 2022, D&D management has focused on increasing and growing subscription revenue
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A low customer churn rate of 3.9%²
C$17.8 million of FTE costs removed from the business since July 1st, on track to exceed 10% cost savings exiting Q3 FY23
C$208.6M in shares repurchased and retired since Oct. 1, 2022, resulting in a reduction of ~20% of shares outstanding
A unique opportunity to invest in a scaled and highly profitable technology company, delivering non-discretionary mission critical
software
Represents a non-IFRS measure. Please see "Non-IFRS Measures". Additional details regarding the reconciliation of Net Income to Adj. EBITDA are available in the appendix.
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As of December 31, 2022.
When being certain is everything
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