Everforth (EFOR) Investor presentation summary

Financial performance and outlook

• Trailing twelve-month revenues reached approximately $4.0B, with an adjusted EBITDA of $401M and a 10% EBITDA margin as of Q2 2026.

• Free cash flow for the trailing twelve months was $221M, with a cumulative $2B generated over the past six years and a 69% conversion rate of adjusted EBITDA.

• Q3 2026 revenue guidance is $994M–$1,024M, with adjusted EBITDA of $95M–$105M and a margin of 9.6%–10.3%.

• Three-year organic revenue CAGR is targeted at 4%–6%, with adjusted EBITDA margin improvement of 200–300 basis points.

• Cumulative free cash flow target for 2026–2028 is $1.05B–$1.2B, assuming 60–65% conversion of adjusted EBITDA.

Strategic transformation and growth

• Shifted from IT staffing to high-value, solutions-led work, divesting non-core assets and expanding through strategic acquisitions.

• Focused on six high-growth markets: cloud, data & AI, application engineering, experience, cybersecurity, and enterprise platforms.

• Industry-aligned go-to-market strategy with no single industry representing more than 23% of revenues, ensuring portfolio resilience.

• Deep partnerships with hyperscalers, enterprise platforms, and data/AI innovators enhance differentiation and market access.

• AI is embedded across the portfolio, with value creation focused on integration, change management, and process redesign.

Capital allocation and balance sheet

• Disciplined capital allocation prioritizes organic growth, strategic M&A, debt repayment, and opportunistic share repurchases.

• Repaid $23.9M in debt in Q2 2026; net leverage ratio stands at 2.4x, with a target of 2.5x adjusted EBITDA.

• $923M remains under the $1B share repurchase program, with $11.5M repurchased in Q2 2026.

• Refinanced and upsized revolving credit facility to $600M, extending maturity to 2031 and maintaining $331M in total liquidity.