BrightView(BV) - 2022 Q2 - Earnings Call Presentation

Financial Performance - Total revenue increased by 9.2% to $711.9 million in Q2 2022, compared to $651.9 million in Q2 2021[19] - Maintenance Land organic growth was 8.1%[4] - Development organic growth was 23.7%[4] - Adjusted EBITDA decreased by 10.6% to $59.7 million in Q2 2022, with an 8.4% margin[21] - Maintenance Services Adjusted EBITDA decreased by 13.0% to $62.9 million, with an 11.4% margin[21] - Development Services Adjusted EBITDA increased by 17.4% to $12.8 million, with an 8.0% margin[21] Capital Allocation and Debt - The company repurchased 12.3 million shares to date (April)[4] - Debt refinancing was completed, extending maturities to 2027 & 2029[4] - Net Debt to TTM Adjusted EBITDA ratio was 4.4x as of Q2 2022, compared to 3.5x in Q2 2021[24] - Total liquidity was $190.4 million as of March 31, 2022[25] Outlook - The company expects total revenue between $2730 billion and $2770 billion[32, 35]