Financial Performance - Net sales for Q3 2025 reached $155.9 million, a significant increase compared to $109.4 million in Q3 2024[34] - Adjusted EBITDA for Q3 2025 was $29.8 million, up from $13.5 million in Q3 2024[34] - Gross margin improved to 42.7% in Q3 2025, a 610 bps increase year-over-year from 36.6% in Q3 2024[34] - Adjusted EBITDA margin improved to 19.1% in Q3 2025, a 670 bps increase year-over-year from 12.4% in Q3 2024[34] - The company reaffirms its FY 2025 guidance with net sales projected between $624 million and $630 million and adjusted EBITDA between $112 million and $116 million[41] Strategic Initiatives and M&A - Cadre announced an agreement to acquire TYR Tactical for a total consideration of $175 million, including $150 million in cash and $25 million in CDRE stock[12, 27] - TYR Tactical generated $93 million in revenue in FY2024 and is expected to be immediately accretive to earnings and adjusted EBITDA margins[27] - Med-Eng was awarded a $50 million IDIQ (Indefinite Delivery Indefinite Quantity) contract with the Department of Defense for the Blast Exposure Monitoring System (BEMO)[13, 15] Market Trends and Growth Drivers - The company is capitalizing on strong macro tailwinds driving demand for mission-critical products[45] - Organic backlog increased by $20 million from Q2 to Q3[12] - International revenue accounts for 7% of Cadre's revenue and 75% of TYR's revenue[29]

Financial Performance - Q3 2025 Adjusted EBITDA reached $830 million, driven by new renewables projects, US utilities rate base investment, and cost savings[16] - Q3 2025 Adjusted EPS increased to $075, influenced by Adjusted EBITDA drivers and a lower adjusted tax rate[16] - Year-to-Date 2025 Renewables SBU Adjusted EBITDA increased by 46%, primarily due to 3 GW of new projects and higher returns[19] - The company reaffirms its 2025 Adjusted EBITDA guidance, projecting between $2650 million and $2850 million[78] - The company reaffirms Adjusted EPS guidance for 2025, estimating between $210 and $226[79] Strategic Objectives - The company is on track to sign at least 4 GW of PPAs in full year 2025, with 22 GW already signed or awarded year-to-date, including 16 GW with data center customers[16] - The company is on track to add 32 GW of new projects in full year 2025, having completed construction of 29 GW year-to-date[16] - The backlog of projects under signed PPAs has reached 111 GW[16] - The company anticipates an average annual Adjusted EBITDA growth of 5% to 7% through 2027[81] Capital Allocation - The company projects discretionary cash sources and uses between $2615 million and $2815 million[85]

Financial Highlights - Q3 2025 net income attributable to IEP was $287 million, or $049 per depositary unit, compared to $22 million, or $005 per depositary unit, for Q3 2024[6] - Q3 2025 Adjusted EBITDA attributable to IEP was $383 million compared to $183 million for Q3 2024[6] - Indicative net asset value as of September 30, 2025, was approximately $38 billion, an increase of $567 million compared to June 30, 2025[6] - IEP declares third quarter distribution of $050 per depositary unit[6] Segment Performance - Energy segment net income was $258 million in Q3 2025, compared to a loss of $88 million in Q3 2024[9] - Energy segment Adjusted EBITDA was $409 million in Q3 2025, compared to a loss of $38 million in Q3 2024[9] - Investment segment returns were negative 05% for Q3 2025[13, 15] - Automotive Services revenue was $366 million, up $11 million when compared to Q3 2024[25] - Food Packaging Q3 2025 Adjusted EBITDA attributable to IEP decreased by $8 million compared to prior year quarter[32]

Financial Performance - GCM Grosvenor reported $87 billion in Assets Under Management (AUM) as of September 30, 2025, a 9% increase compared to Q3 2024[6] - Fee-Paying AUM (FPAUM) reached $702 billion, up 10% from the same period last year[12] - GAAP Revenue for the third quarter was $135 million, a 10% increase year-over-year, and $3805 million for the nine months ended, a 9% increase year-over-year[12] - GAAP net income attributable to GCM Grosvenor Inc increased 153% to $105 million for the quarter and 138% to $264 million year-to-date[12] - Adjusted Net Income increased 18% to $372 million for the quarter and 19% to $1046 million year-to-date[12] Fundraising and Capital Deployment - The company raised $95 billion over the last twelve months, a 52% increase compared to the prior year twelve-month period[13] - $19 billion of new capital was raised in Q3 2025, and $72 billion year-to-date, a 49% increase compared to prior year-to-date[13] Dividend - GCM Grosvenor's Board of Directors approved a $012 per share dividend payable on December 15, 2025 to shareholders on record December 1, 2025[3] Asset Allocation - Private Markets accounted for 71% of total AUM[16] - Direct-Oriented Strategies represented 53% of Private Markets AUM[16]

Third Quarter 2025 Earnings Presentation November 4, 2025 Forward-Looking Statements Certain statements set forth in this presentation constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar express ...

Assets Under Management (AUM) - AUM increased by $9.1 billion during Q3, reaching $49.1 billion[9] - AUM surpassed $50 billion for the first time in October[9] - Physical Trusts AUM increased by $6.5 billion or 21% during the quarter[25] - Year-to-date, Physical Trusts have gained $15.4 billion or 64% in AUM[25] - ETF AUM is up sharply in 2025, increasing by 83%[31] Financial Performance - The company bought back 15,386 shares during the quarter at an average price of $64.99/share, totaling $1 million[21] - Year-to-date, the company bought back 28,601 shares at an average price of $54.27/share, totaling $1.6 million[21] - Third quarter dividend increased by 33% to $0.40 per share from the second quarter's $0.30 per share[9, 22] - Adjusted EBITDA reached $31.9 million for Q3 2025, with an adjusted EBITDA margin of 65%[43] - Net income for the period was $13.2 million, resulting in a net income margin of 20%[43]

INVESTOR PRESENTATION INSTALLED BUILDING PRODUCTS Q3 2025 NYSE: IBP NOV 5, 2025 Safe Harbor This presentation contains "forward-looking statements" as defined under U.S. federal securities laws. Forward -looking statements are generally identified by the use of the words "will," "may," "believes," "expects," "forecast," "intends," "anticipates," "projects," "outlook," "target," "plans" and "seeks," and, in each case their negative, and other variations or comparable terminology. Forward-looking statements a ...

Financial Performance - Q3 2025 - Total revenues increased to $386 million from $376 million in Q2 2025[17], a rise of $9.9 million[18] - Adjusted EBITDA increased to $67 million from $61 million in Q2 2025[17], an increase of $6.4 million[18] - The company made $24.8 million in accelerated principal payments on the UKSAR Debt facility[16] Segment Performance - Offshore Energy Services revenues decreased by $2.4 million, from $253 million to $250 million[20, 21] - Government Services revenues increased by $8.4 million, from $93 million to $101 million[25, 27] - Other Services revenues increased by $3.8 million, from $31 million to $35 million[33, 36] Outlook for 2025 and 2026 - Total revenue is projected to be between $1455 million and $1525 million for 2025, and between $1580 million and $1690 million for 2026[38] - Adjusted EBITDA is projected to be between $240 million and $250 million for 2025, and between $295 million and $325 million for 2026[38] Balance Sheet and Capital Allocation - The company has $245.5 million of unrestricted cash and total liquidity of $313.4 million[41] - Net Debt is $441 million as of September 30, 2025[42] - The company plans to initiate a quarterly dividend program in Q1 2026, with an initial dividend of $0.125 per share ($0.50 annualized)[49]

Acquisition of NuVista Energy - Ovintiv's acquisition of NuVista Energy is expected to generate approximately 10% Free Cash Flow per share accretion[9, 24] - The acquisition enhances Montney scale with approximately 25 Mbbls/d of oil production and approximately 930 net 10k locations for approximately $13 million per location[9] - Ovintiv anticipates approximately $100 million in expected durable annual synergies from the NuVista acquisition[24, 41] - The acquisition is valued at approximately $27 billion enterprise value[28, 78] Q3 2025 Results and Updated Guidance - Ovintiv's 3Q25 oil and condensate production reached 212 Mbbls/d, surpassing the guidance of 202-208 Mbbls/d[11] - 3Q25 Free Cash Flow was $351 million and Net Debt reduction in 3Q25 was $126 million[13] - The company updated its FY25E oil and condensate production guidance to 208-210 Mbbls/d[18] - Ovintiv anticipates approximately a 50% decrease in 2025 cash taxes, representing approximately $75 million, due to internal restructuring[20] Permian Basin Expansion - Ovintiv added approximately 170 net 10k locations in the Permian YTD October 2025 for approximately $15 million per location[9, 62]

Financial Performance - Net sales increased by 6.6% year-over-year, while organic net sales decreased by 9.1% to $123.1 million[6] - Adjusted EBITDA decreased year-over-year to $14.1 million, resulting in an adjusted EBITDA margin of 9.8%[6] - Free Cash Flow decreased year-over-year to ($1.1) million[6] - Adjusted Diluted EPS was $0.10[6] Strategic Initiatives and Outlook - The company maintained its 2025 financial guidance[8] - Accu-Fab integration is proceeding as planned, with expected completion by year-end 2025[8] - Increased 2026 Accu-Fab revenue synergies are projected to be $20 to $30 million, as the Data Center & Critical Power pipeline exceeds $100 million[8] End-Market Outlook - Commercial Vehicle market sales are expected to decline by 16%-26% in 2025[13] - Data Center & Critical Power is expected to grow by 12%-14% in 2025[18] - Accu-Fab acquisition is expected to add $32 - $36 million in net sales to the Data Center & Critical Power end market in 2H25[22] Capital Allocation - Net leverage ratio was 3.5x as of September 30, 2025, with a target of 3.0x or lower by the end of 2026[6, 32] - The company is prioritizing $7 – $10 million of investment in equipment and automation to meet high-growth Data Center & Critical Power demand over the next 18 months[28]