Calian Group (CGY) Investor presentation summary

Strategic vision and growth objectives

• Aims to become a multi-billion-dollar, purpose-driven company by FY26, targeting $1B in revenues and $125M in adjusted EBITDA, with a focus on both organic and acquisitive growth.

• Deploying $250–$300M in capital for acquisitions, with an expected IRR above 15% before synergies and leverage.

• Key performance indicators include revenue growth, operating free cash flow (OFCF) generation and conversion, leverage ratio, and capital allocated to acquisitions.

Financial performance and capital allocation

• Achieved a 5-year revenue CAGR of 18%, with approximately 7% organic and 10% acquisitive growth.

• Gross margin expanded from 21.8% to 31.0% over five years, and adjusted EBITDA CAGR reached 25%.

• Nearly 50% of the 3-year adjusted EBITDA M&A target has been achieved, with recent acquisitions averaging a 4.9x LTM EBITDA multiple.

• Maintains a strong balance sheet, under-levered with net debt/adj. EBITDA at 0.1x at end FY23, and ample liquidity with a $255M credit facility.

Shareholder value creation

• OFCF per share, adjusted EBITDA per share, and adjusted EPS have all shown consistent growth through each 3-year strategic plan.

• OFCF CAGR of 28% over five years, with a target of $220M in OFCF and ~70% conversion from adjusted EBITDA.

• No requirement for equity issuance to fund growth, relying on internally generated funds.