Calian Group (CGY) Investor presentation summary

Business overview and market position

• Over 40 years of history with a workforce of 5,800 and a market cap of $542M, generating $747M in 2024 revenues.

• Revenue split: 49% commercial, 51% government; 68% Canadian, 32% international; 70% services, 30% products.

• Key customers span defence, space, health, and government sectors, including major global and Canadian organizations.

Industry tailwinds and growth drivers

• Defence, space, and health sectors are experiencing strong growth due to increased spending, technological advancements, and demographic trends.

• Defence revenues reached $363M in LTM Q2-25, representing 49% of total revenues, with significant exposure across all business segments.

• Ongoing global conflicts and policy changes are driving increased defence and health spending.

Financial performance and execution

• Achieved double-digit revenue and adjusted EBITDA CAGR since 2017, with revenues growing from $343M in 2017 to $747M in 2024.

• Adjusted EBITDA rose from $38M in 2020 to $92M in 2024, with a 21% CAGR.

• Strategic plan targets $1B in revenues and $125M in adjusted EBITDA by FY26, leveraging both organic and acquisition growth.

• Recent acquisitions contributed to 53% of revenue and 59% of EBITDA targets for the 3-year plan.