Investor Presentation 9 September 2025 For personal use only Cobram Estate Olives Limited ABN: 32 115 131 667 Disclaimer This presentation is dated 9 September 2025 and has been prepared by Cobram Estate Olives Limited (ABN: 32 115 131 667) ("CBO" or "the Company") in connection with an institutional placement of new fully paid ordinary shares ("New Shares") in the Company ("Placement"), an offer of New Shares to eligible shareholders under a Share Purchase Plan ("SPP"), and a block trade of fully paid ordi ...

BOULDER, CO, Sept. 05, 2025 (GLOBE NEWSWIRE) -- FST Corp. (Nasdaq: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that it will participate in the 27th Annual H.C. Wainwright Global Investment Conference, taking place September 8th through September 10th, 2025. Sebastian Tadla, Chief Financial Officer, and Kathee Lin, Head of Investor Relations of FST Corp., will deliver a company presentation and be available for on ...

Key points Sold 26,314 Apple shares for $5.32 million in Q2 2025 The transaction represented 0.13% of 13F reportable assets under management Post-trade Apple stake: 257,609 shares valued at $52.85 million as of June 30, 2025 Apple remains a notable holding, but its proportion of this fund's AUM decreased from 1.44% to 1.30% following the trade. What happened According to a U.S. Securities and Exchange Commission filing published on Aug. 6, 2025, Richard Bernstein Advisors LLC reduced its Apple position by 2 ...

Core Insights - Construction Partners, Inc. (ROAD) is trading at a premium with a forward 12-month P/E ratio of 40.7, significantly higher than the broader Construction sector (18.76) and the S&P 500 index (22.64) [2][4] - The company's vertically integrated business model and diverse product offerings are enhancing its prospects amid favorable public infrastructure spending [4][18] - ROAD stock has increased by 37.1% over the past three months, outperforming both the industry and notable competitors [5] Business Model and Growth Strategy - The vertically integrated model reduces supply-chain risks and supports an EBITDA margin of 15.2% [6] - The Lone Star acquisition has expanded ROAD's geographic reach and added 10 HMA plants, aiding in the execution of its ROAD-Map 2027 strategy [6][10] - The company aims for annual revenue growth of 15-20% and EBITDA margin expansion of 13-14% through its strategic business model [8] Financial Outlook - For fiscal 2025, ROAD expects revenues between $2.77 billion and $2.83 billion, indicating a year-over-year growth of 52.2-55.5% [12] - Adjusted EBITDA is forecasted to be between $410 million and $430 million, reflecting a year-over-year growth of 85.9-94.9% [12] - Earnings per share (EPS) estimates for fiscal 2025 and 2026 have increased to $2.17 and $2.73, representing growth of 63.2% and 25.7% respectively [13] Technical Indicators - ROAD stock is trading above both the 50-day and 200-day simple moving averages, indicating a bullish trend and positive market sentiment [15] Analyst Sentiment - Analysts show optimism towards ROAD, with 60% of recommendations classified as "Strong Buy" [19][22]

Financial Performance - In Q1 2025, Carvana achieved a new company retail unit sales record of 133,898[11] - Carvana reported a net income of $373 million with a net income margin of 8.8% in Q1 2025[11] - The company's GAAP operating income was $394 million, resulting in a GAAP operating margin of 9.3% in Q1 2025[11] - Adjusted EBITDA for Q1 2025 reached $488 million, with an Adjusted EBITDA margin of 11.5%[11] - Carvana has consistently driven Adjusted EBITDA margin within its 2018 long-term financial model range of 8% to 13.5% for four consecutive quarters[24, 25] Growth and Strategy - Carvana's retail units sold grew 46% year-over-year, with an Adjusted EBITDA margin 2x the industry average among public automotive retailers[12] - The company aims to sell 3 million retail units per year at an Adjusted EBITDA margin of 13.5% within 5 to 10 years[26] - Carvana is expanding its production locations, expecting to have 34-36 locations by year-end at a capital expenditure of $2 to $3 million per site[40] Market Position - E-commerce adoption in the U S used vehicle market is still in an early stage, with Carvana representing approximately 1% of the market[18] - Carvana is focused on improving customer offering, increasing awareness and trust, and expanding selection to drive growth[14, 17, 20]

Core Viewpoint - Construction Partners, Inc. (ROAD) has experienced a significant share price increase of 52.3% over the past three months, outperforming its industry, sector, and the S&P 500 index [1][2]. Group 1: Business Model and Growth Prospects - The company's vertically integrated business model provides a competitive advantage, optimizing the supply chain and enhancing profitability while reducing volatility risks [4][20]. - ROAD aims for annual revenue growth of 15-20% and EBITDA margin expansion of 13-14% as part of its ROAD-Map 2027 goals [5]. - The company has diversified its offerings, allowing for both organic growth through service expansion and inorganic growth via acquisitions, enhancing its market reach [6][20]. Group 2: Recent Developments and Financial Outlook - The Lone Star Acquisition, completed on November 1, 2024, has expanded ROAD's geographic footprint and contributed positively to its business [7][9]. - For fiscal 2025, ROAD expects revenues between $2.77 billion and $2.83 billion, reflecting a year-over-year growth of 52.2-55.5% [10]. - Adjusted EBITDA is forecasted to be between $410 million and $430 million, indicating a year-over-year growth of 85.9% to 94.9% [10]. Group 3: Earnings Estimates and Market Sentiment - Earnings estimates for fiscal 2025 and 2026 have increased by 10.3% and 1.5%, respectively, reflecting strong growth expectations of 60.9% and 26.5% year-over-year [11][12]. - Technical indicators show that ROAD stock is trading above both the 50-day and 200-day simple moving averages, indicating a bullish trend and positive market sentiment [13][20]. Group 4: Valuation and Investment Considerations - ROAD is currently trading at a premium compared to its industry peers based on a forward 12-month price-to-earnings (P/E) ratio, suggesting strong market potential despite challenges in determining a suitable entry point for investors [17][19]. - The favorable fundamentals and technical trends support the view that ROAD is a solid investment choice in the current market environment [21].

Core Insights - Ethan Allen's vertically integrated structure provides a competitive advantage amid recent tariffs affecting furniture retailers reliant on global supply chains [1][2] - The company manufactures approximately 75% of its furniture in North America, allowing for a focus on quality and competitive pricing [2][4] - Ongoing investments in technology have enhanced manufacturing efficiency while preserving craftsmanship [3] Company Overview - Founded in 1932 in Vermont, Ethan Allen operates manufacturing plants in Vermont and North Carolina, as well as facilities in Mexico and Honduras [2] - The company has been recognized as America's 1 Premium Furniture Retailer by Newsweek, highlighting its reputation for quality and service [2][4] - Ethan Allen combines state-of-the-art technology with personal service, offering a full range of home furnishings and complimentary interior design services [4]