Investor Presentaiton
RECENT FINANCIAL RESULTS
Three months ended Sept 30, 2020 vs same
period 2019:
•
•
•
21.8% decrease in revenue from Partners to
$23.4 million
22.3% decrease in Normalized EBITDA to $20.1
million
50.2% decrease in net cash from operating
activities to $10.0 million
27.0% decrease in distributions declared to
$11.1 million.
Per Unit Highlights:
Nine months ended Sept 30, 2020 vs same
period 2019:
7.6% decrease in revenue from Partners to
$77.6 million
21.5% decrease in Normalized EBITDA to $58.7
million
12.0% decrease in net cash from operating
activities to $50.2 million
19.4% decrease in distributions declared to
$36.5 million
Per Unit Highlights:
•
19.5% decrease in revenue from Partners to $0.66
•
7.3% decrease in revenue from Partners to $2.16
•
19.7% decrease in Normalized EBITDA to $0.57
•
20.1% decrease in Normalized EBITDA to $1.63
•
49.1% decrease in net cash from operating activities to $0.28
•
24.8% decrease in distributions declared at $0.31
•
10.9% decrease in net cash from operating activities to $1.39
18.2% decrease in distributions declared at $1.0125
ALARIS
EQUINS
HISTORIC FINANCIAL SUMMARY
(millions CAD$)
Revenue
% change
SG&A
% change
Normalized EBITDA
% change
Net cash from ops
% change
Dividends
19%
2015A 2016A 2017A 2018A 2019A
$82.80 $100.04 $ 89.07 $100.08 $115.97
21% -11% 12%
16%
$ 7.90 $ 9.17 $ 8.06 $ 12.13 $ 10.72
50% -12%
3%
16% -12%
$71.40 $81.84 $ 76.98 $ 80.81 $100.94
24%
15%
-6%
5%
25%
$ 55.90 $73.30 $ 67.25 $ 78.31 $ 74.78
12%
31%
-8%
16%
-5%
$52.60 $58.84 $ 59.03 $ 59.20 $ 60.37
% change
18%
12%
0%
0%
2%
Payout ratio
94%
80%
88%
76%
81%
Shares outstanding (millions)
33.96
36.34
36.45
36.50
36.71
ALARIS
EQUITY PARTNERS COME TRUST
21
22
11View entire presentation