DMC (BOOM) - 2023 Q4 - Earnings Call Presentation

Financial Highlights - Q4 2023 sales were $174 million[7], with adjusted EBITDA attributable to DMC at $19.6 million[7], flat compared to Q4 2022[7] - Consolidated gross margin was 26.1%[7] - Total adjusted EBITDA, inclusive of NCI, increased by 4% year-over-year[7] - Free cash flow was $15 million[20] Business Segment Performance - Arcadia's sales were $68 million[8], with adjusted EBITDA of $9 million, representing 13.6% of sales[8] - DynaEnergetics' sales were $75 million[8], with adjusted EBITDA of $9 million, representing 12.3% of sales[8] - NobelClad's sales were $31 million[8], with adjusted EBITDA of $8 million, representing 24.7% of sales[8]; NobelClad achieved its highest sales in a decade[20] Financial Strength and Guidance - Net debt was $72 million[23], with a net debt leverage ratio of 0.78x[23] - Q1 2024 sales guidance: DMC Consolidated $168 million - $178 million, Arcadia $67 million - $71 million, DynaEnergetics $77 million - $81 million, NobelClad $24 million - $26 million[33] - Q1 2024 adjusted EBITDA attributable to DMC is expected to be $15 million - $20 million[33]