Investor Presentaiton
Adjusted EBITDA
(US$ millions)
Annualized Growth of 11.50%
$300.0
$250.0
$220.0
$219.5
$200.0
$150.0
$100.0
$50.0
$-
2020
2021
*Results for 2020 were severely impacted by the COVID-19 Pandemic, and results for 2021 were
impacted by a tight labor market, supply chain disruption and the COVID-19 Pandemic
**Adjusted EBITDA is a non-GAAP financial measure and is not a standardized financial measure under
International Financial Reporting Standards and might not be comparable to similar financial measures
disclosed by other issuers. For additional details, please see "Non-GAAP Financial Measures and
Ratios" in Boyd's MD&A filing (dated November 10, 2023) for the period ended September 30, 2023.
$273.5
2022
THE
Boyd
GROUP
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