Enterprise Group (E) Investor Presentation summary

Company overview and market position

• Leading provider of mobile site infrastructure and services for Canadian resource and construction industries, with a strong presence in Alberta and Northeastern British Columbia.

• Market leader in rapidly growing natural gas turbine electrification systems, serving top-tier energy producers.

• Sole provider of low-emission site electrification systems, with exclusive supplier status announced in September 2024.

• Management and insider ownership at approximately 35%, with a history of insider buying and share buybacks.

• Guided by an experienced leadership team with a track record of strategic execution and value creation.

Financial performance and growth

• Achieved 12% year-over-year revenue growth and $12.1M operating cash flow for the first nine months of 2024.

• Adjusted EBITDA margin reached 40% for the first nine months of 2024, reflecting strong profitability.

• Revenue increased from $15.5M in 2020 to $33.5M in 2023, with gross margin and EBITDA margins improving significantly.

• Nine-month 2024 revenue was $26.8M, with gross margin at 47% and EBITDA at 40%.

• Market capitalization at $130M, net equity at $53.4M, and cash position estimated at $8.1M as of Q3 2024.

Operations and client base

• Operations include Evolution Power Projects (natural gas to electricity), Westar Oilfield Rentals, Artic Therm International (flameless heaters), and Hart Oilfield Rentals.

• Evolution Power Projects substitutes 10–20 diesel generators per facility, reducing emissions and noise while improving safety.

• Client list features major industry leaders such as Canadian Natural, Chevron, Cenovus, Suncor, ConocoPhillips, and Petronas.

• Expansion into mining and off-grid construction markets is underway, leveraging existing customer relationships.