Financial Performance - Sylvamo's Adjusted EBITDA for Q2 2025 was $82 million, aligning with the company's outlook, despite a negative impact of $13 million from foreign exchange[13, 15] - Adjusted Operating Earnings per Share for Q2 2025 was $037, compared to $198 in Q2 2024 and $068 in Q1 2025[13] - Free Cash Flow for Q2 2025 was negative $2 million, a decrease from $62 million in Q2 2024 and negative $25 million in Q1 2025[13] - Sylvamo returned $38 million in cash to shareowners during the quarter[12] Market Dynamics - In the first half of 2025, Europe's uncoated freesheet demand decreased by 7%, Latin America's decreased by 8%, and North America's remained stable[17] - In the first half of 2025, Europe's uncoated freesheet supply decreased by 10%, while Latin America and North America remained stable[17] Strategic Investments and Debt Management - Sylvamo's gross debt has decreased from an initial $15 billion at spinoff to $08 billion as of June 2025[27] - The company is ramping up capital spending on high-return projects with an internal rate of return (IRR) exceeding 20%[29] - Planned maintenance outage costs for 2025 are projected to be $111 million[43] Regional Performance - Europe's Adjusted EBITDA was negative $30 million in Q2 2025, with an Adjusted EBITDA Margin of negative 17%[57] - Latin America's Adjusted EBITDA was $27 million in Q2 2025, with an Adjusted EBITDA Margin of 13%[57] - North America's Adjusted EBITDA was $85 million in Q2 2025, with an Adjusted EBITDA Margin of 20%[57]

Second Quarter 2025 Earnings Call August 8, 2025 1 Safe Harbor and Non-GAAP Financial Measures Definition Q1 FY 2025 Cautionary Language Concerning Forward-Looking Statements This presentation contains forward-looking statements relating to, among other matters, the Company's future financial performance, business goals and objectives, and results of operations, expectations regarding the transition of its US Telecom business, its future revenues, operating income, cash flows, network and operating costs, A ...

Forward-Looking Statements In this presentation, American Axle & Manufacturing Holdings, Inc. ("AAM") makes statements concerning its and Dowlais' expectations, beliefs, plans, objectives, goals, strategies, and future events or performance, including, but not limited to, certain statements related to the ability of AAM and Dowlais to consummate AAM's business combination with Dowlais (the "Business Combination") in a timely manner or at all; future capital expenditures, expenses, revenues, economic perform ...

Financial Performance - Gray Media's 2Q25 total revenue exceeded guidance, reaching $772 million [9] - Core advertising revenue for 2Q25 was $361 million, a 3% decline [9] - Retransmission revenue for 2Q25 was $369 million, aligning with guidance [9] - Adjusted EBITDA for the six months ending June 30, 2025, was $329 million [11] - The company reduced debt principal by $22 million in 2Q25 [12] Debt and Leverage - As of 2Q25, Gray Media's leverage ratio was 560x [12] - First lien leverage ratio at 2Q25 was 299x [12] - Total outstanding principal secured by a first lien as of June 30, 2025, was $3112 billion [15] - Adjusted Total Indebtedness was $5460 billion as of June 30, 2025 [15] Strategic Initiatives - Gray Media is focused on a multi-pronged deleveraging approach, including refinancing and debt reduction [21] - The company issued 9625% 2L Secured Notes to extend portfolio duration and reduce 1L leverage [23]

Q2 2025 Earnings Presentation August 8, 2025 Important Information Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements. The matters discussed in this presentation, as well as in future oral and written statements by management of Portman Ridge Finance Corporation ("PTMN", "Portman Ridge" or the "Company"), that are forward-looking statements are based on current management expectations that involve substantial risks and uncertainties which could ca ...

Q2 2025 Supplemental Information Profitably and Sustainably Growing Value August 2025 Q2 2025 Supplemental Information: Profitably and Sustainably Growing Value August 2025 Forward Looking Statements Safe Harbor This presentation of VAALCO Energy, Inc. ("Vaalco" or the "Company") includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be c ...

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 - 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]

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]

Disclaimers Main Street Capital Corporation (MAIN) cautions that statements in this presentation that are forward-looking, and provide other than historical information, involve risks and uncertainties that may impact our future results of operations. The forward-looking statements in this presentation are based on current conditions as of August 8, 2025, and include, but are not limited to, statements regarding our goals, beliefs, strategies, future operating results and cash flows, operating expenses, inv ...