Financial Performance - Q2 2025 - Revenue decreased slightly by 0.5% to $35.5 million compared to $35.7 million in Q2 2024[5] - Adjusted net revenue increased by 5.8% to $18.6 million from $17.6 million in Q2 2024[5] - SG&A expenses increased by 2.7% to $17.3 million compared to $16.9 million in Q2 2024[5] - Adjusted EBITDA increased significantly by 76.6% to $1.3 million from $0.7 million in Q2 2024[5] - Net loss increased by 56.3% to $(0.7) million from $(0.4) million in Q2 2024[5] Financial Performance - YTD Q2 2025 - Revenue decreased by 3.2% to $67.4 million compared to $69.6 million in YTD Q2 2024[8] - Adjusted net revenue increased by 3.2% to $35.0 million from $33.9 million in YTD Q2 2024[8] - SG&A expenses decreased by 1.0% to $34.4 million compared to $34.7 million in YTD Q2 2024[8] - Adjusted EBITDA increased significantly by 181.4% to $0.6 million from $(0.8) million in YTD Q2 2024[8] - Net loss decreased by 26.8% to $(2.4) million from $(3.3) million in YTD Q2 2024[8] Regional Performance - Q2 2025 - Americas revenue increased by 2.4% to $7.1 million[11] - Asia Pacific revenue decreased by 4.8% to $21.6 million, but adjusted net revenue increased by 15.9% to $8.8 million[14] - EMEA revenue increased by 12.2% to $6.8 million, but adjusted net revenue decreased by 4.0% to $3.5 million[17]

Financial Performance - Q2 2025 - Net sales reached $540 million[17] - Adjusted EBITDA was $26 million[17] - Orders totaled $454 million[17] - Non-new machine sales increased by 10% year-over-year, reaching $162 million[13] Market Conditions - North America is experiencing a market on hold due to tariff-related uncertainty, but with high fleet utilization and declining dealer inventory[20] - Asia Pacific is seeing prolonged weakness in China, but improving sentiment in South Korea and mixed results in Australia[20] - Europe has varying market sentiment depending on the country, with new government stimulus programs and increasing residential permits[20] - The Middle East shows robust market demand driven by major residential, data center, and stadium project activity[20] Full Year 2025 Guidance - Net sales are projected to be between $2.175 billion and $2.275 billion[47] - Adjusted EBITDA is expected to be between $120 million and $145 million[47] - Capital expenditures are estimated at $47 million, with $23 million related to the rental fleet[47] - Adjusted free cash flows are projected to be between $55 million and $85 million, excluding EPA payment[47]

Company Overview - As of June 30, 2025, the company owns 94 properties with 20,982 hotel rooms[3] - The company's market capitalization is $1.1 billion, with a total enterprise value (TEV) of $3.3 billion and total capitalization of $3.7 billion[3] - The share price is $7.28 with 151.2 million total shares and units outstanding[3] - The company has $0.3 billion in preferred equity and $1.9 billion in net debt outstanding[3] Debt Maturity - 31% of the company's debt, amounting to $181 million, is maturing in 2025[6] - 10% of the company's debt, amounting to $25 million, is maturing in 2026[6] - 46% of the company's debt, amounting to $225 million, is maturing in 2027[6] - Total debt outstanding is $2.2 billion[6] Financial Performance (Q2 2025) - Total revenue for comparable hotels is $363.085 million[8] - Comparable Hotel EBITDA is $113.023 million with a 31.1% margin[8] - Occupancy is 75.5% with an Average Daily Rate (ADR) of $205.27 and Room Revenue per Available Room (RevPAR) of $155.08[8] Financial Performance (Q2 2025 TTM) - Comparable Hotel EBITDA is $389.3 million[10, 15] - Net income is $58.0 million[15] - EBITDA is $340.7 million[15] - Adjusted EBITDA is $354.7 million[15]

Financial Performance - Net revenues reached Ps 174511 million, down 80% (US$ 149 million)[12] - Adjusted EBITDA stood at Ps 37005 million, down 306% (US$ 34 million)[12] - Consolidated Adjusted EBITDA margin reached 212%, with a contraction of 691 bps YoY from 281%[11] - Net Profit Attributable to Owners of the Company in 2Q25 was Ps 04 billion, down from Ps 41309 million in 2Q24[36] - Consolidated Gross Profit declined 305% year-over-year, while margin contracted by 659 basis points to 204%[28] Volumes and Sales - Cement business dispatches continue its recovery, growing 11% YoY[9] - Total Net Revenues decreased by 80% year-over-year[22] - Concrete sales volumes improved by 440% year-over-year[22] - Aggregates sales volumes increased by 341% year-over-year[22] Balance Sheet - Balance sheet remains solid, with Net Debt of US$ 215 million, representing a Net Debt/LTM Adjusted EBITDA ratio of 134x[11] - Cash position and Investments of Ps 159 billion and total debt at Ps 2721 billion as of end of 2Q25[37] - Successful US$1129 million Class 5 bond issuance in July to refinance short-term debt, extending average duration and preserving a balanced maturity profile[11]

Financial Performance - Underlying net income reached $1,015 million, a 2% increase compared to Q2 2024[11] - Reported net income increased by 11% to $716 million[11] - Underlying EPS grew by 4% to $1.79, while reported EPS increased by 14% to $1.26[11] - New business CSM remained flat at $435 million[11] - Total CSM increased by 9% to $137 billion[11] Growth & Sales - Asset management net flows & net wealth sales increased by $47 billion to $(149) billion[23] - Group - Health & Protection sales increased by 8% to $535 million[11] - Individual - Protection sales increased by 15% to $863 million[11] - Total AUM increased by 5% to $1541 billion[23] Financial Strength - SLF Inc's LICAT ratio increased by 2 percentage points to 151%[25] - The financial leverage ratio increased by 03 percentage points to 204%[23] Business Segment Performance - SLC Management's fee-related earnings increased by 37% to $89 million[33] - Asia's underlying net income increased by 13% to $206 million[43]

Load Growth Opportunities - Alliant Energy anticipates a greater than 30% increase in projected demand by 2030, using a 2024 base of approximately 6 GW maximum demand[7] - The company has contracted peak demand of +2.1 GW, representing potential load served through a combination of existing or new resources, short-term market purchases, and/or load flexibility[6,9] - Alliant Energy projects electric sales growth at a CAGR of 9-10% from 2025-2030[6] Tax Credits and Financing - Alliant Energy expects approximately $350 million of tax credits to be generated and transferred in 2025[26] - The company anticipates generating $1.5 billion in transferable tax credits through 2028, as projects are either already in service or safe harbored[10,13] - Alliant Energy plans to issue approximately $725 million in debt for AE Finance/Parent, $400 million for IPL, and $300 million for WPL in 2025[26] Regulatory and Financial Performance - Alliant Energy reaffirms its 2025 EPS guidance range of $3.15 - $3.25[23] - Q2 2025 earnings per share (EPS) were $0.68, compared to $0.57 ongoing earnings per share in Q2 2024[20] - The company plans approximately 800 MW of energy storage in service by 2027 and aims to safe harbor 100% of approximately 1,200 MW of new wind capacity[12]

Financial Performance - Gross Revenue increased to R$ 21 billion, a growth of 7.2%[11] - Pre-IFRS16 Net Income reached R$ 264 million, up 60%[12] - Post-IFRS16 Net Income reached R$ 219 million, up 78%[12] - Free Cash Flow reached R$ 2.7 billion LTM[13] Profitability - EBITDA Margin Pre-IFRS16 increased by 0.3 percentage points to 5.7%[5, 13] - EBITDA increased by R$ 0.5 billion Pre-IFRS16 LTM[12] Debt and Leverage - Net debt decreased by R$ 0.2 billion[12] - Leverage reduced by 0.48x to 3.17x compared to Q2 2024[12] - Net Debt + Discounted Receivables was R$ 13.8 billion as of June 2025[21] Cash Generation - Operating Cash Generation was R$ 3.9 billion, representing 90% EBITDA conversion to cash[21] - Total Cash Generation was R$ 0.7 billion[21] Expansion and Sales - Same Store Sales increased by 4.6%[11] - The company plans to open 10 new stores in 2025 and 10 new stores in 2026[7] Sustainability - Achieved a 20% reduction in scope 1 and 2 emissions compared to the target, aligned with a 42% reduction by 2030 (base year 2021)[29] - Reused 44% of waste, an increase of 1.2 percentage points compared to Q2 2024[29]

Company Overview - Alpha sold 171 million tons of coal in 2024[11] - Alpha's adjusted EBITDA in 2024 was $408 million[11] - Export sales accounted for 76% of Alpha's sales mix, while domestic sales made up 24%[11] Production and Reserves - Total production in 2024 was 157 million tons[18] - Total reserves as of year-end 2024 were 299 million tons[18] - Marfork Mining Complex accounted for 29% of 2024 production and 31% of total reserves[18] Financial Performance - In 2024, the average realized price for domestic coal was $152 per ton, while the average realized price for export coal was $140 per ton[37] - Alpha plans to invest approximately $27 million per year in DTA for infrastructure and equipment upgrades over the next 5 years[53] - Free cash flow for 2024 was $349 million[43] Safety and Environment - Alpha's safety performance shows approximately 35% lower Total Reportable Incident Rate vs industry average[16] - Alpha's safety performance shows approximately 70% lower Non-Fatal Days Lost vs industry average[16] - Alpha has planted over 53 million trees since 2016[16]

Financial Performance - Essent Group Ltd reported net income of $195.3 million for 2Q25, compared to $175.4 million in 1Q25[5] - The annualized Return on Equity (ROE) increased to 13.8% in 2Q25 from 12.5% in 1Q25[5] - The combined ratio for the U S Mortgage Insurance portfolio improved to 22.1% in 2Q25 from 31.8% in 1Q25[5] - The book value per share has grown at an annualized rate of 18.2% since December 31, 2013, reaching $56.98 as of June 2025[9] Portfolio and Risk Management - The U S Mortgage Insurance In Force (IIF) reached $246.8 billion in 2Q25, up from $244.7 billion in 1Q25[5] - New Insurance Written (NIW) increased to $12.5 billion in 2Q25 from $9.9 billion in 1Q25[5] - The portfolio default rate decreased slightly to 2.12% in 2Q25 from 2.19% in 1Q25[5] - 97% of the Insurance In Force (IIF) is subject to reinsurance protection as of June 30, 2025[5,30,33] Capital and Liquidity - Shareholders' equity remained stable at $5.7 billion in both 1Q25 and 2Q25[5] - The company has ample liquidity, with $1.0 billion in cash and investments available for sale at the holding companies[32] - The PMIERs sufficiency ratio was 176% in 2Q25, compared to 172% in 1Q25[5]

Financial Performance - FY25 Q2 revenue was $18 million, down 26% quarter-over-quarter[17] - FY25 Q2 gross profit was $1.7 million, down 70% quarter-over-quarter[17] - FY25 Q2 net loss was $9.8 million, a 126% increase quarter-over-quarter[17] - FY25 Q2 adjusted EBITDA was a loss of $6.5 million, down 129% quarter-over-quarter[17] - Trailing twelve months (TTM) revenue was $116.5 million, down 15% year-over-year[20] - TTM gross profit was $46.4 million, down 17% year-over-year[20] - TTM net loss was $16.4 million, down 202% year-over-year[20] - TTM adjusted EBITDA was $16 million, down 53% year-over-year[20] Segment Performance - Smart Water segment Q2 revenue increased 48% quarter-over-quarter to $9.5 million[25] - Energy Solutions segment Q2 revenue decreased 77% quarter-over-quarter to $2.6 million[31] - Intelligent Industrial segment Q2 revenue decreased 13% quarter-over-quarter to $5.9 million[37] Smart Water Segment - Over 27 million Hydroconn® universal AMI connectors have been sold[13] - Hydroconn® connectors achieved their highest first six-months revenue to date[15, 28] - Hydroconn® smart water meter connector cabling product line is BABA compliant[29]