Financial Overview - Vermilion Energy's trading price was $10.74 (TSX) and US$7.83 (NYSE) as of August 7, 2025[3] - The company's market capitalization stood at $1.7 billion, with an enterprise value of $3.0 billion[3] - Year-end 2025 net debt is estimated at $1.3 billion, resulting in a net debt-to-FFO ratio of 1.3x[3] Production and Capital Expenditure - The company's 2025 production guidance is between 117,000 and 122,000 boe/d[3] - Exploration and Development (E&D) capital expenditures for 2025 are projected to be between $630 million and $660 million[3] - Global gas assets are expected to contribute 84% to H2/25E FFO, while legacy oil contributes 16%[3] - Global gas assets account for 90% of H2/25E production, with legacy oil making up the remaining 10%[3] Strategic Initiatives and Synergies - Post-acquisition synergies from Westbrick are now estimated to exceed $200 million NPV10[10, 14] - DCET costs in the Deep Basin have been further reduced from $9.0 million to $8.5 million per well[10] - The Wisselshorst discovery in Germany is estimated to contain 380 Bcf of gas in place (240 Bcf net)[14, 55]

Financial Performance & Growth - Decisive reported record Q2 2025 results, marking the third consecutive quarter of record performance [90] - Revenue CAGR from 2015 to 2024 was 25%, reaching $6.59 per share in 2024, a 68% increase from 2015 [36] - Adjusted EBITDA CAGR from 2015 to 2024 was 26%, reaching $1.05 per share in 2024, an 80% increase from 2015 [36] - Free Cash Flow less Maintenance Capital CAGR from 2015 to 2024 was 27%, reaching $0.56 per share in 2024, an 86% increase from 2015 [36] - June 30, 2025 Pro Forma TTM Revenue was $151.3 million or $7.66 per share, Adjusted EBITDA was $26.5 million or $1.34 per share, and Net Profit was $5.8 million or $0.34 per share [36] Dividends & Returns - Cumulative dividend payout of $43.2 million since 2015 [36] - Current monthly dividend is $0.045 per share, representing a 6.5% yield as of August 7, 2025 [36] - Q2 2025 TTM Dividend Payout Ratio is 74% [36] - Total return since inception is approximately 900% (~25% annualized) [42] Acquisitions & Strategy - Completed 16 acquisitions in the first 10 years of operations [36, 42] - The company targets acquisitions with enterprise values up to $25 million [22, 47] - The company aims to fund acquisitions with a long-term leverage target of 50% equity / 50% debt [44, 47]

1. Introduction 2. Preliminary H1 results and 2025 guidance 3. Q&A Guidance announcement Presented by Jens E. Andersen, CEO Michael H. Jeppesen, CFO 1 8 August 2025 AGENDA 2 Introduction Q2 2025 development Initiatives launched in H1 Guidance lowered 3 • Unexpected market slowdown for Industry and to a lesser extent for Installation. • Trade and Climate & Energy delivered growth driven by Solar Polaris' sales to a major solar park project. • July showed even more disappointing revenue growth in all key mark ...

Financial Performance - Textron's Q2 2025 revenues reached $3.7 billion, an increase from $3.5 billion in Q2 2024[4] - Segment profit slightly increased to $346 million in Q2 2025 from $343 million in Q2 2024[4] - Earnings per share (EPS) remained constant at $1.35 in both Q2 2025 and Q2 2024[4] - Adjusted EPS increased marginally to $1.55 in Q2 2025 from $1.54 in Q2 2024[4] - Manufacturing cash flow before pension contributions rose to $336 million in Q2 2025 from $320 million in Q2 2024[4] Revenue Growth by Segment - Bell experienced significant revenue growth of 28.0% organically[6] - Textron Aviation saw organic revenue growth of 2.8%[6] - Textron Systems experienced a slight organic revenue decrease of 0.6%[6] - Industrial segment's revenue decreased by 8.2%, but after accounting for divestiture impact of 3.6%, the organic decrease was 4.6%[6] - Textron eAviation's revenue decreased by 11.1%[6] Adjusted EBITDA - Adjusted EBITDA was $468 million in Q2 2025, slightly lower than the $473 million in Q2 2024[8]

Financial Performance - GigaCloud Technology's total revenues reached $323 million in Q2'25, a 4% year-over-year growth from Q2'24[16] - The company's gross profit was $77 million in Q2'25, representing a 1% year-over-year increase compared to Q2'24[19] - Net income for Q2'25 was $35 million, a 28% increase year-over-year[22] - Adjusted EBITDA for Q2'25 was $43 million, a 1% increase year-over-year[22] Marketplace Growth - GigaCloud Marketplace GMV (Gross Merchandise Value) reached $1.4 billion LTM (Last Twelve Months) ended June 30, 2025, a 31% year-over-year growth[23] - 3P (Third-Party) Seller GigaCloud Marketplace GMV was $758 million LTM ended June 30, 2025, a 33% year-over-year growth[23] - The number of active 3P sellers was 1,162 LTM ended June 30, 2025, a 25% year-over-year growth[24, 25] - The number of active buyers was 10,951 LTM ended June 30, 2025, a 51% year-over-year growth[26] - The average spend per active buyer was approximately $131,000 LTM ended June 30, 2025[26] Capital Allocation - GigaCloud raised $41 million in gross proceeds from its IPO[28] - The company acquired Noble House and Wonder for $87 million[28] - GigaCloud repurchased $2 million in Class A shares under the 2023 authorization and $69 million under the 2024 authorization[28]

Q2'25 Financial Performance - Chime achieved revenue of $528 million in Q2'25, representing a 37% year-over-year growth[17] - Gross profit reached $461 million with a gross margin of 87%[18] - Transaction profit was $363 million, yielding a transaction margin of 69%[18] - Adjusted EBITDA stood at $16 million, a 417% increase year-over-year, with a margin of 3%[18] Key Operating Metrics - Active Members grew to 87 million, a 23% increase year-over-year[17] - Purchase Volume increased to $324 billion, an 18% year-over-year growth[17] - Average Revenue Per Active Member (ARPAM) rose to $245, a 12% year-over-year increase[17] Future Outlook - The company projects Q3'25 revenue between $525 million and $535 million, indicating a year-over-year growth of 24% to 27%[35] - Full Year 2025 revenue is expected to be between $2135 billion and $2155 billion, a 28% to 29% year-over-year growth[35] - Adjusted EBITDA for Q3'25 is projected to be between $12 million and $17 million, with a margin of 2% to 3%[35] - The company anticipates an incremental adjusted EBITDA margin in the mid-40s or higher by Q4'25[10]

Financial Performance & Targets - Ginkgo achieved its target of $250 million in annualized run-rate cost savings from Q1 2024 to Q2 2025[13, 50] - Ginkgo's Q2 2025 Cell Engineering revenue was $39 million, an 8% increase year-over-year[34] - Biosecurity revenue for Q2 2025 was $10 million, a 48% decrease year-over-year[34] - The company reaffirms its total revenue guidance for FY2025, projecting $167-$187 million, including $117-137 million from Cell Engineering and $40+ million from Biosecurity[37, 52] - Ginkgo aims to reach Adjusted EBITDA breakeven by the end of 2026[11, 46, 53] - Ginkgo had $474 million in cash, cash equivalents, and marketable securities with no bank debt[15, 16] Strategic Initiatives - Ginkgo is expanding from its Solutions business into tools, launching its first direct-to-scientist product: a cell-free protein synthesis system[11, 43, 63] - Ginkgo's Automation and Datapoints are establishing themselves as critical tools in AI-enabled science[43, 143] - Ginkgo has sampled flights originating from 128 countries, representing 65% of nations globally[33]

Financial Performance - Q2 2025 - Revenue reached $654.8 million[9], a 35% increase compared to Q2 2024's $486.3 million[30] - Adjusted EBITDA was $48.1 million[9], slightly up from $47.917 million in Q2 2024[30] - Net income attributable to Astrana Health was $9.4 million[9], compared to $19.171 million in Q2 2024[30] - EPS-Diluted was $0.19[9], down from $0.40 in Q2 2024[30] FY2025 Guidance - Total revenue is projected to be in the range of $3.1 billion to $3.3 billion[11] - Adjusted EBITDA is expected to be between $215 million and $225 million[11] Business Growth & Risk Management - Astrana Health now serves over 1.6 million patients in value-based arrangements following the acquisition of Prospect[13] - Care Partners segment has 1.4 million members pro forma[13] - 78% of revenues are from fully capitated arrangements, compared to 60% a year ago[13] - The company anticipates 75-85% of capitation revenue from full-risk arrangements exiting 2025[20]

Q2 2025 Performance Highlights - Ouster reported revenue of $35 million, a 30% increase compared to Q2 2024[9, 25] - The company shipped over 5,500 sensors, a 33% increase compared to Q2 2024[9, 27] - GAAP gross margin was 45%[9, 26] - Non-GAAP gross margin reached 52%, up from 40% in Q2 2024[25, 33] - Ouster finished the quarter with $229 million in cash and equivalents and no debt[9] Strategic Priorities - Ouster aims to scale the software-attached business, targeting a potential $19 billion smart infrastructure opportunity[14, 15] - The company is focused on transforming its product portfolio with new hardware and software capabilities[14, 20] - Ouster plans to execute towards profitability by achieving 30-50% annual revenue growth and maintaining gross margin at 35-40%[14, 22] Q3 2025 Guidance - Ouster anticipates revenue between $35 million and $38 million for Q3 2025[28]

Q2 2025 Performance - Nextdoor's Platform Weekly Active Users (WAU) grew modestly by 1% year-over-year to 22 million[29] - Revenue increased by 3% year-over-year to $65 million, with self-serve revenue growing 27% year-over-year and representing nearly 60% of Q2 revenue[29, 47] - Net margin improved by 4 percentage points year-over-year, while Adjusted EBITDA margin improved by 6 percentage points year-over-year[29] - The company repurchased 37 million shares in Q2[58] Financial Outlook - The company expects Q3 2025 revenue to be $66 million, representing 0% year-over-year change[59] - The company anticipates an Adjusted EBITDA loss of $5 million for Q3 2025, with an Adjusted EBITDA margin of -8%[59] - Nextdoor aims to achieve quarterly adjusted EBITDA breakeven in Q4 2025 and full-year adjusted EBITDA breakeven in fiscal year 2026[59, 60] Financial Health - The company's balance sheet shows $413 million in cash, cash equivalents, and marketable securities at the end of Q2[57] - Net loss for the quarter was $15362 million, with a net loss margin of -24%[50, 65] - Adjusted EBITDA for the quarter was a loss of $2247 million, representing a -3% margin[54, 73]