Montrose Environmental at a Glance
Strong Record of Long-Term Growth
Revenue
2019-2023E CAGR (1): 25% and excluding CTEH 20%
($ in Millions, Dec FYE)
Consolidated Adjusted EBITDA (2)
2019-2023E CAGR: 25%
($ in Millions, Dec FYE)
~$575(3)
$546
$544
~$85
$114
$232
$328
$234
$82
$431
$30
~$490
$315
$234
$246
2019
2020
$52
$73
~$73(3)
$66
2021
2022
2023E
2019
2020
2021
2022
2023E
CTEH
MEG Excluding CTEH
Strong record of long term growth poised to continue
2023E outlook as of May 9, 2023 and does not include Matrix acquisition
(1)
Excludes discontinued service lines, which generated revenues of $17.1 million in 2020, $12.1 million in 2021, and $3.6 million in 2022.
(2)
Consolidated Adjusted EBITDA is a non-GAAP measure. See the appendix to this presentation for a discussion of this measure, including how it is calculated and the reasons why we believe it provides useful information to investors, and a reconciliation for historical
periods to the most directly comparable GAAP measure.
(3) Represents midpoint of 2023E outlook range for Revenue and Consolidated Adjusted Adj. EBITDA of $550-$600 million and $70-$76 million, respectively. 2023E outlook does not include Matrix acquisition
W
© 2023 Montrose Environmental Group, Inc. Proprietary. | 18View entire presentation