Investor Presentation Q1 2026 NASDAQ: EZPW PRELIMINARY STATEMENTS FORWARD LOOKING STATEMENTS This presentation contains certain forward-looking statements. These statements are based on the company's current expectations as to the outcome and timing of future events. All statements, other than statements of historical facts, that address activities or results that the company plans, expects, believes, projects, estimates or anticipates will, should or may occur in the future are forward-looking statements. ...

Financial Performance - VF's Q4'25 revenue was $2.1 billion, a decrease of 5% compared to last year (LY), or a 3% decrease in constant dollars (C$)[15] - The company reported an operating loss of $73 million, but an adjusted operating income of $22 million[15] - Adjusted gross margin was 53.4%, an increase of 560 basis points compared to LY[15] - Net debt decreased by $1.8 billion compared to LY, resulting in a leverage ratio of 4.1x, down one full turn[15] - FY'25 free cash flow was $313 million, with an additional $88 million from proceeds from non-core physical asset sales, totaling $401 million[15, 16] Brand Performance - The North Face® revenue increased by 2% (4% C$) compared to LY[19, 35] - Timberland® revenue increased by 10% (13% C$) compared to LY[19, 35] - Vans® revenue decreased by 22% (20% C$) compared to LY[19, 35] - Dickies® revenue decreased by 14% (13% C$) compared to LY[19, 35] Regional Performance - APAC region revenue increased by 0% (2% C$) compared to LY[15, 22] - Americas region revenue decreased by 6% (5% C$) compared to LY[15, 22] - EMEA region revenue decreased by 4% (2% C$) compared to LY[15, 22] Strategic Initiatives - The company achieved its initial target of $300 million in gross cost savings through the Reinvent transformation program[14, 18] - VF is on track towards its medium-term target of $500 to $600 million in net operating income expansion[14, 18]

Core Viewpoint - ANSYS, Inc. reported a strong performance in Q1 2025, with revenue growth and improved earnings per share, while also progressing towards a significant acquisition by Synopsys, Inc. [2][3] Financial Performance - Q1 2025 revenue reached $504.9 million, marking an 8% increase in reported currency and a 10% increase in constant currency compared to Q1 2024 [2][14] - GAAP diluted earnings per share were $0.59, up 47.5% from $0.40 in Q1 2024, while non-GAAP diluted earnings per share increased to $1.64 from $1.39, a rise of 18% [2][7] - The company reported a net income of $51.9 million, a 49.1% increase from $34.8 million in the same quarter last year [5][26] - Annual Contract Value (ACV) for Q1 2025 was $410.1 million, reflecting a 0.7% increase compared to Q1 2024 [6][8] Revenue Breakdown - Revenue by license type showed that subscription lease revenue was $96.9 million (19.2% of total), maintenance revenue was $324.4 million (64.2%), and service revenue was $20.5 million (4.1%) [15] - Geographically, revenue from the Americas was $230.4 million (45.6% of total), while Asia-Pacific contributed $155.7 million (30.8%) [17] Acquisition Progress - ANSYS has entered into a definitive agreement with Synopsys for acquisition, with regulatory approvals from several jurisdictions, including the U.K. and Turkey [3][6] - The transaction is expected to close in the first half of 2025, pending further regulatory approvals [3] Cash Flow and Deferred Revenue - Operating cash flows for Q1 2025 were $398.9 million, a 41.1% increase from $282.8 million in Q1 2024 [6][39] - Total deferred revenue and backlog as of March 31, 2025, was $1.63 billion, down from $1.72 billion at the end of 2024 [19]

Financial Performance Highlights - Total revenues reached $318.9 million, a 12% increase, driven by higher PSC and sales[21] - Merchandise sales totaled $177.4 million, up 8%, with same-store sales increasing by 6%[21] - Gross profit amounted to $185.0 million, a 10% increase, primarily driven by PSC[21] - Diluted EPS stood at $0.34, a 21% increase[25] - EBITDA reached $45.1 million, a 23% increase[25] - The EBITDA margin was 14.1%, up 130 bps[25] Pawn Loan Portfolio - Record-setting Q2 PLO balance of $271.8 million, up 15%, leading to a 12% increase in PSC[16,26] - Strong consumer demand, increase in average loan size and improved customer service continue to propel PLO[26] Store Growth and Expansion - Opened 9 de novo stores in LatAm, comprised of 4 stores in Guatemala, 2 stores in Mexico, 2 in Honduras and 1 in El Salvador[17] - Acquired one store in Guatemala[17] - Consolidated 9 stores in Mexico[17] Balance Sheet - Cash balance of $505.2 million, up from $174.5 million in Q1 FY25, primarily due to the $300 million debt financing (less issuance costs) and cash from operating activities[17]

Core Insights - EZCORP reported a strong second quarter for fiscal 2025, with record pawn loans outstanding (PLO) and significant revenue growth, leading to increased profitability [1][3][6] - The company experienced a 7% increase in total revenues to $306.3 million and a 6% rise in gross profit to $178.5 million compared to the same period last year [6][7] - Adjusted EBITDA rose by 23% to $45.1 million, driven by strong operational performance and effective cost management [3][7] Financial Performance - Total revenues increased by 7% to $306.3 million, with a gross profit of $178.5 million, reflecting a 6% increase [6][7] - Net income grew by 18% to $25.4 million, while adjusted net income increased by 25% to $26.1 million [7] - Diluted earnings per share rose by 14% to $0.33, with adjusted diluted earnings per share increasing by 21% to $0.34 [7] Segment Performance - In the U.S., PLO and adjusted EBITDA increased by 15%, attributed to strong loan demand and disciplined cost management [4][6] - Latin America saw a 17% increase in PLO on a constant currency basis, with adjusted EBITDA growing by 36% due to robust demand for loans and secondhand goods [4][6] - Merchandise sales gross margin decreased slightly to 34%, while aged general merchandise increased to 2.4% of total inventory [9] Capital Management - The company completed a $300 million private offering of senior notes, enhancing financial flexibility and capital structure [5][6] - Cash and cash equivalents at the end of the quarter were $505.2 million, significantly up from $170.5 million as of September 30, 2024 [9] Operational Highlights - Pawn loans outstanding increased by 11% to $261.8 million, driven by higher average loan sizes and strong pawn demand [7][9] - Store expenses increased by 2%, while general and administrative expenses rose by 8%, primarily due to labor costs [9] - The company maintained a store count of 542 in the U.S. and 741 in Latin America, with a net addition of 1 store during the quarter [32]