Q1 2025 EARNINGS | MAY 7, 2025 | NASDAQ: BWMN TRANSPORTATION POWER & UTILITIES ENERGY BUILDING INFRASTRUCTURE WATER RESOURCES Presenters: Gary Bowman Chairman & CEO Bruce Labovitz Chief Financial Officer Safe Harbor Statement Please note that many of the comments made today are considered forward-looking statements under federal securities laws. As described in our filings with the SEC, these statements are subject to numerous risks and uncertainties that could cause future results to differ from those expr ...

Q1 2025 Earnings Report 7 May 2025 ©2025 Sabre GLBL Inc. All rights reserved. 1 Forward-looking statements More information about potential risks and uncertainties that could affect our business and results of operations is included in the "Risk Factors" and "Forward-Looking Statements" sections in our Quarterly Report on Form 10-Q filed with the SEC on May 7, 2025, in our Annual Report on Form 10-K filed with the SEC on February 20, 2025 and in our other filings with the SEC. Although we believe that the e ...

CAUTIONARY STATEMENT Statements in this presentation release, which are not historical facts or information, are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current assumptions, estimates and expectations including those concerning expected cash flow and availability of capital resources to fund our operations and meet our debt service requirements; our ability to execute on our strategic a ...

Financial Highlights - Mammoth Energy Services reported Q1 2025 revenue of $62.5 million, a 17% sequential increase[15] - The company has a strong balance sheet with approximately $155 million in cash on hand as of May 2, 2025, and is debt-free[15] - The current market capitalization is $125.1 million, with an appraised value of property and equipment at $149 million[18] Segment Performance (Q1 2025) - Well Completions contributed $20.9 million, representing 33.5% of total revenue[23, 24] - Infrastructure Services generated $30.7 million, accounting for 49.2% of total revenue[23, 24] - Natural Sand and Proppant Services brought in $6.7 million, which is 10.8% of the total revenue[23, 24] - Other Services accounted for $5.9 million, or 9.4% of the total revenue[23, 24] Sand Proppant Services - The company sold approximately 189,000 tons of sand in Q1 2025, compared to 129,000 tons in Q4 2024[36]

Financial Performance - First quarter revenue reached $599 million, a 5% sequential increase and a 6% year-over-year increase[9] - GAAP Net Income attributable to DNOW Inc was $22 million for the first quarter, with GAAP diluted EPS at $0.20[9] - Non-GAAP Net Income was $24 million for the first quarter, with Non-GAAP diluted EPS at $0.22[9] - EBITDA reached $46 million, representing 7.7% of revenue for the first quarter[9] - Gross margins for 1Q25 were 23.2%[9] Capital Allocation - The company repurchased $8 million in shares during the first quarter and $16 million year-to-date, as part of a newly authorized $160 million share repurchase program[9] - Total liquidity stood at $567 million as of March 31, 2025[29, 32] Market Indicators - DNOW annualized revenue per rig was $1.4 million for 1Q25[11] - U.S completions totaled 2,801 in 1Q25, a 2% sequential decrease[12] Segment Results (Year-over-Year) - United States revenue increased due to acquisitions, offsetting weaker drilling and completion activity[13, 17] - Canada revenue decreased by 6% year-over-year[17] - International revenue increased by 2% year-over-year[17] Outlook - The company expects 2Q25 revenue to increase flat-to-up in the mid-single-digits percentage range sequentially and EBITDA approaching 8% of revenue[49] - Full-year 2025 revenue is expected to be flat-to-up in the high-single-digit percent range from 2024, with EBITDA approaching 8% of revenue and free cash flow targeted at $150 million[49]

Financial Performance - First quarter revenue reached $256 million, a 58% increase year-over-year, driven by contributions from Aviation distribution and MRO businesses, as well as the TCI and Kellstrom acquisitions[12] - Adjusted EBITDA was $40 million, representing 15.8% of revenue, a 60% increase year-over-year, driven by distribution programs, increased MRO activity, OEM licensed manufacturing, and acquisitions[12] - Adjusted Net Income was $16 million, and Adjusted diluted earnings per share reached $0.78, increasing 125% and 73% respectively[12] - Adjusted Net Leverage reduced to 2.2x in the first quarter, pro forma for the sale of Fleet segment[12] Strategic Developments - The company completed the sale of the Fleet segment, repositioning itself as a pure-play Aviation Aftermarket business[6] - Turbine Weld Industries was acquired, expanding MRO engine component capabilities[6] - A new 5-year authorized services center agreement was signed with Eaton, supporting aftermarket MRO for Eaton hydraulics across the Americas[6] - The company completed Term Loan A and Revolving Credit Facility refinancing, providing a lower interest rate, greater flexibility, and increased capacity[6] Future Outlook - The company reaffirms its aviation guidance, expecting organic growth driven by market share gains, distribution program growth, and MRO capability expansion[21] - Kellstrom and TCI acquisitions are expected to contribute to 2025 revenue growth[21] - Net Debt outstanding was $459 million, and Cash and Revolver availability was $158 million[29]

Financial Performance - 1Q 2025 revenues reached $715.2 million[25], slightly above 4Q 2024's $714.7 million[26] but lower than 1Q 2024's $746.3 million[26] - Gross margin was 19.0%[25], including a negative impact of approximately 200 bps related to Newport[25] - The company reported a loss per share (EPS) of $(0.03)[25] and an adjusted EPS of $(0.03)[25] - Adjusted EBITDA margin was 7.6%[27] Book-to-Bill Ratio - Overall book-to-bill ratio was 1.08[25] - Semiconductors had a book-to-bill ratio of 1.12[25] - Passive components had a book-to-bill ratio of 1.04[25] Revenue Mix by End Market - Industrial sector accounted for 34% of revenue in 1Q25[17], showing a 3% QoQ increase and a 1% YoY decrease[16] - Automotive sector represented 33% of revenue in 1Q25[17], with a 2% QoQ increase and an 11% YoY increase[16] - Other sectors contributed 14% of revenue in 1Q25[17], showing a 4% QoQ increase and an 8% YoY increase[16] - Aero/Defense sector accounted for 11% of revenue in 1Q25[17], with a -5% QoQ decrease and an 8% YoY increase[16] - Medical sector accounted for 5% of revenue in 1Q25[17], with a -1% QoQ decrease and a +6% YoY increase[16] Revenue Mix by Region - Europe accounted for 36% of revenue in 1Q25[23], showing an 8% QoQ increase and a -6% YoY decrease[22] - Asia accounted for 40% of revenue in 1Q25[23], with a -3% QoQ decrease and a 0% YoY change[22] - Americas accounted for 24% of revenue in 1Q25[23], with a -6% QoQ decrease and a -8% YoY decrease[22] Guidance for 2Q 2025 - Revenue is expected to be $760 million, with a +/- $20 million range[48], representing an approximate 1% to 2% increase versus 1Q[46] - Gross margin is projected at 19.0% +/- 50 bps[48], with a negative impact of 175-200 bps from Newport[48]

TWIN DISC, INC Investor Presentation DISCLOSURES Safe Harbor Statement This presentation contains statements that are forward-looking within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's current expectations that are based on assumptions that are subject to risks and uncertainties. Actual results may vary because of variations between these assumptions and actual performance. Investors are referred to Twin Disc's fiscal year 2024 An ...

BGC GROUP, INC. NASDAQ: BGC EARNINGS PRESENTATION Q1 2025 DISCLAIMER DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT BGC NOTE REGARDING FINANCIAL TABLES AND METRICS Excel versions of certain tables in this document are available for download online. The Excel tables may include other useful information that may not be contained herein, including certain of BGC's financial results and metrics from the current period to as far back as the first quarter of 2023. These excel tables are accessible at https://ir.b ...

2025 First Quarter Results Earnings Presentation GCM Grosvenor Reports Q1 2025 Results CHICAGO, May 7, 2025 – GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, today reported results for the first fiscal quarter ended March 31, 2025. Dividend GCM Grosvenor's Board of Directors approved a $0.11 per share dividend payable on June 16, 2025 to shareholders on record June 6, 2025. Conference Call Management will host a webcast and conference call at 10:00 a.m. ET tod ...