Financial Performance - Semperit Group's H1 2025 revenue decreased by 72% to EUR 3205 million compared to EUR 3455 million in H1 2024 [23] - EBITDA decreased by 352% to EUR 307 million, with a margin of 96% compared to 137% in H1 2024 [23] - Earnings after tax turned negative to EUR -112 million, compared to a positive EUR 96 million in H1 2024 [6] - Free cash flow decreased by 411% to EUR 139 million [22, 23] - CAPEX decreased by 514% to EUR 185 million [23] Segment Performance - Semperit Industrial Applications (SIA) revenue decreased by 47% to EUR 1336 million [50] - SIA EBITDA decreased by 192% to EUR 242 million, with a margin of 181% [50] - Semperit Engineered Applications (SEA) revenue decreased by 90% to EUR 1869 million [50] - SEA EBITDA decreased by 469% to EUR 147 million, with a margin of 79% [50] Balance Sheet - Cash and cash equivalents stood at EUR 1129 million [6, 22, 38] - Equity ratio was 455% [6, 38] - Net financial debt was EUR 1186 million, with a net financial debt/EBITDA ratio of 17x [22, 38] Outlook - The company confirmed its FY 2025 operational EBITDA guidance of EUR 65 million - EUR 85 million [6, 43] - CAPEX is expected to be around EUR 50 million [43]

Financial Performance Highlights - Record H1 2025 revenue reached $967 million, a 23% increase year-over-year, and Adjusted Profit Before Tax was $203 million, up 27% year-over-year[7, 19] - Record Q2 2025 Adjusted Profit Before Tax was $106 million, a 16% increase year-over-year and a 10% sequential increase from Q1[7] - Q2 2025 revenue increased by 18% to $500 million, reflecting diversified revenues[7, 19] - H1 2025 Adjusted Profit Before Tax margin was 21%, an increase of 80 basis points year-over-year[19] - Adjusted Basic EPS for H1 2025 was $2.05, a 21% increase year-over-year[16, 19] Business Segment Performance (Q2 2025) - Clearing revenue increased by 12% to $139 million[21] - Agency and Execution revenue increased significantly by 59% to $261 million[21] - Market Making revenue decreased by 9% to $41 million[21] - Hedging and Investment Solutions revenue decreased by 17% to $6 million[21] Capital and Liquidity - The company issued $500 million in 3-year senior unsecured notes[7] - Private equity shareholder ownership reduced to approximately 17%[7] - Total Funding Sources reached $5.7 billion in June 2025[41] Client Activity and Volumes - Clearing volumes increased by 12% to 3,212 million contracts in Q2 2025[28] - Agency and Execution - Energy volumes increased by 25% to 532 million contracts in Q2 2025[28] - Agency and Execution - Securities volumes increased by 13% to 3,026 million contracts in Q2 2025[28]

Financial Performance - Revenue increased by 30% to $65309 million in Q2 2025[18], driven by a 39% increase in the average gold price to $3186/oz[18] - Net profit attributable to shareholders of the Company rose by 147% to $20487 million in Q2 2025[18] - Adjusted earnings per share increased by 155%[16] - Operating cash flow increased to $281 million[16] - The company's net cash position was $82 million, excluding $18 million in fixed term deposits[16] Operational Highlights - Blanket Mine production increased to 21442 ounces in Q2 2025[18], a 1% increase compared to Q2 2024[18] - Full-year production guidance for Blanket Mine was raised to 75500–79500 ounces[16] - Blanket Mine's on-mine cost per ounce increased by 44%[30] - Blanket Mine's AISC per ounce increased by 74%[32] Strategic Initiatives - The solar plant was sold for $224 million[13] - Exploration program underway at Motapa, with diamond drilling of 178798 meters and reverse circulation drilling of 9638 meters completed[59] - The company is exploring cost-saving and phasing options for the Bilboes feasibility study[16] Reporting Changes - Caledonia will no longer publish quarterly financial statements and MD&A reports[41]

Financial Performance - In Q2 2025, total revenues were US$194 million [9], a decrease of 133% year-over-year [45] - Net income for Q2 2025 was US$07 million [9] - Non-Mainland China revenue contribution was 668% in Q2 2025 [42] - Gross margin from services is consistently higher than overall gross margin [50] Business Strategy and Highlights - The company is accelerating three transformative lines: GlocalMe Life, SIM, and IoT, investing in R&D, go-to-market strategies, and brand building [11] - The company is fortifying its traditional line, GlocalMe MBB, offsetting tariff uncertainty and supply chain adjustments [11] - PetPhone is undergoing global expansion with launches and branding in several countries in Q3 2025 and potential partnerships with over 20 strategic partners [16] - eSIM TRIO has sold over 300,000 units from Q1 2024 to Q2 2025, establishing a competitive advantage in the market [24] - GlocalMe IoT is experiencing rapid growth, with a 10+ times year-over-year growth in Average Daily Active Terminals (DAT) [32] Operational Metrics - Daily Active Terminals (DAT) for uCloudlink 20 increased from 43% in Q2 2024 to 45% in Q2 2025 [37] - In Q2 2025, IoT accounted for 27% of the DAT breakdown, while SIM accounted for 30%, Life for 15% and MBB for 28% [37]

Financial Performance - Q2 2025 revenue was $138.1 million, a 0.1% increase year-over-year[26, 48] - GAAP gross margin was 43.1% in Q2 2025, a decrease of 0.7% compared to Q2 2024's 43.8%[30, 48] - Non-GAAP gross margin was 47.7% in Q2 2025, a decrease of 1.3% compared to Q2 2024's 49.0%[30, 48] - GAAP operating loss improved to $16.6 million in Q2 2025 from $26.0 million in Q2 2024[36, 48] - Non-GAAP operating income was $1.1 million in Q2 2025, compared to a loss of $3.2 million in Q2 2024[36, 48] - GAAP net loss improved to $16.7 million in Q2 2025 from $25.7 million in Q2 2024[36, 48] - Non-GAAP net income was $2.2 million in Q2 2025, compared to a loss of $3.0 million in Q2 2024[36, 48] Balance Sheet and Cash Flow - The company's cash and cash equivalents and short-term deposits were $254.6 million in Q2 2025[39] - Net working capital was $448.8 million in Q2 2025[39] - Cash flow from operating activities was negative $1.1 million in Q2 2025[38] Outlook - The company expects full-year 2025 revenue between $550 million and $560 million[42] - The company expects full-year 2025 non-GAAP gross margins between 46.7% and 47.0%[42] - The company expects full-year 2025 non-GAAP operating expenses between $248 million and $251 million[42]

Transaction Overview - Gildan will acquire all outstanding shares of HanesBrands for 0.102x Gildan shares and $0.80 cash per HanesBrands share[32] - The implied value is $6.00 per HanesBrands share, representing an implied premium of approximately 24%[32] - The total enterprise value is $4.4 billion, implying an 8.9x LTM adjusted EBITDA multiple, or 6.3x on a fully synergized basis[32] - Upon closing, HanesBrands shareholders will own approximately 19.9% of Gildan shares on a non-diluted basis[32] Financial Highlights - The LTM pro forma revenue is $6.9 billion; LTM pro forma adjusted EBITDA is approximately $1.6 billion, including expected run-rate cost synergies of $200 million[32] - Gildan expects to realize at least $200 million of annual run-rate cost synergies within 3 years of closing, with approximately $50 million to be realized in 2026, approximately $100 million in 2027, and approximately $50 million in 2028[32, 51] - Gildan's adjusted diluted EPS CAGR over the next three years is expected to be in the low 20% range, starting from the midpoint of Gildan's 2025 adjusted diluted EPS guidance[32] - The expected closing net debt leverage ratio is 2.6x; the expected net debt leverage ratio is less than 2.0x within 12 to 18 months post-closing, in line with the stated long-term target net debt leverage ratio of 1.5x – 2.5x[32] Strategic Review - Gildan intends to initiate a review of strategic alternatives for the HanesBrands Australia business ("HAA") post-closing[32]

Q2 2025 Financial Highlights - Q2 2025 revenue reached $71.0 million[8], showing a year-over-year growth of 17%[8] - The company's annualized revenue, calculated as Q2 2025 revenue multiplied by 4, is $284 million[8] - Remaining Performance Obligations (RPO) totaled $273.8 million[8], with 68%[8] expected to be recognized over the next 12 months[8] - Non-GAAP gross margin for Q2 2025 was 81%[8] - The dollar-based net retention rate (NRR) for Q2 2025 was 108%[8] - 63%[8] of the total ARR comes from customers with over $100K+ ARR[8] - 57%[8] of ARR is from multi-year subscriptions[8] Business Model and Market Opportunity - The company estimates its addressable market to be $55 billion[42] - The company's sales and marketing spend is approximately 45% to 50% for customer acquisition and 50% to 55% for customer retention[75]

Investor Presentation August 2025 2Q2025 Disclaimer This presentation contains forward-looking statements. Forward-looking statements are not historical facts or statements of current conditions but instead represent only the Company's beliefs regarding future events and performance, many of which, by their nature, are inherently uncertain and outside of the Company's control. These forward-looking statements reflect the Company's current views with respect to, among other things, the Company's financial pe ...

Financial Performance - Revenue increased by 22% to $95.6 million in Q2 2025, compared to $78.1 million in Q2 2024[26,32] - Recurring revenue grew by 32% to $70.7 million, representing 74% of total revenue in Q2 2025[26,32,39] - Gross margin increased to 48.3% from 44.3% due to processing margin improvements and supply chain optimization[26,32] - Adjusted EBITDA increased by 56% to $12.6 million, representing 13% of total revenue, compared to $8.1 million in Q2 2024[26,32,59] - Transaction value processed increased by 34% to $1.59 billion[26,32] Customer and Device Growth - The number of customers increased by 24% to nearly 105,000[26,32] - Managed and connected devices increased by 16% to 1.38 million[26,32] Strategic Developments - A strategic partnership with Autel Energy was announced to embed the company's payment technology into approximately 100,000 Autel chargers across North America and Europe by the end of 2026[33] - The company acquired the remaining 51% of Nayax Capital, consolidating it under the embedded finance division[33] Future Outlook - The company projects revenue between $410 million and $425 million for FY 2025[37,62] - The company is reaffirming 2028 outlook of 35% annual revenue growth and a target of 30% Adjusted EBITDA[64]

Financial Performance - Okeanis Eco Tankers reported a fleetwide TCE of $50,500 per day in Q2 2025, compared to $64,900 in 6M 2024 [16] - Adjusted EBITDA for Q2 2025 was $473 million, versus $639 million in Q2 2024 [16] - The company's adjusted profit was $267 million in Q2 2025, compared to $397 million in Q2 2024 [16] - Adjusted EPS was $083 in Q2 2025, compared to $123 in Q2 2024 [16] - TCE revenue reached $640 million in Q2 2025 and $1126 million for the first half of 2025 [16, 21] Balance Sheet and Capital Structure - Total debt stood at $6309 million in Q2 2025 [16] - Total cash was $653 million in Q2 2025 [16] - Total assets amounted to $10831 billion in Q2 2025 [16] - Total equity was $4283 million in Q2 2025 [16] - The company's book leverage was 57% in Q2 2025 [16] Fleet and Commercial Operations - VLCC TCE was $49,800 per day and Suezmax TCE was $51,400 per day in Q2 2025 [16] - For Q3 2025 guidance, 77% of available VLCC spot days are fixed at $44,200 per day, and 60% of available Suezmax spot days are fixed at $34,200 per day [37]