This document highlights Aimia's Q2 2016 results and provides forward-looking statements about Aimia's financial metrics and performance in 2016. It cautions that these forward-looking statements are based on assumptions that may prove to be incorrect and are subject to various risks and uncertainties. It also notes that Aimia's actual results could differ materially from the forward-looking statements presented. The document defines various non-GAAP financial measures used by Aimia and refers readers to Aimia's MD&A for reconciliations of these measures to comparable GAAP measures.
- The document discusses Aimia's Q1 2016 highlights and financial results. It provides forward-looking statements and cautions that actual results may differ materially from expectations.
- Gross billings decreased 3.7% to $573.0 million due to lost contracts, lower reward fulfillment activity, and wind downs, partially offset by new client wins. Adjusted EBITDA was $50.6 million.
- Key highlights included stability in Aeroplan's financial cards business, a new ISS win with Aeon Retail, and progress on Aimia's operating cost reduction initiatives.
Aimia reported its Q3 2016 highlights. Gross billings decreased 3.8% year-over-year but were down only 0.4% excluding foreign exchange impacts. Adjusted EBITDA increased to $60.5 million compared to $46.1 million in Q3 2015, with the margin expanding to 10.8% from 7.9%. Free cash flow before dividends paid was $86.7 million compared to $59 million driven by higher EBITDA, lower capital expenditures and tax refunds. On a trailing twelve-month basis, free cash flow per share increased over 20% to $0.55 compared to $0.67 in Q3 2015.
This document provides highlights from Aimia's Q4 2015 results and includes forward-looking statements about Aimia's financial metrics and performance in 2016. It cautions that Aimia's statements involve assumptions that may prove to be incorrect and do not account for special items or new transactions. It also defines several non-GAAP financial measures used by Aimia to evaluate performance and measure compliance with debt covenants.
This document provides highlights from Aimia's Q4 2016 results, including forward-looking statements about Aimia's financial metrics and performance in 2017. It also defines and reconciles several non-GAAP financial measures used by Aimia to measure performance, such as adjusted EBITDA and free cash flow, noting that these measures are not comparable to similar measures used by other companies. Finally, it cautions that Aimia's forward-looking statements are based on assumptions that may prove to be incorrect and are subject to various risks and uncertainties.
In 3 sentences:
Aimia reported strong financial results for Q4 2014 and FY 2014, meeting or exceeding guidance across key metrics like gross billings and adjusted EBITDA. The Aeroplan program transformation delivered exceptional growth results but also impacted margins as expected due to factors like welcome bonus miles and marketing programs. While some challenges were expected from economic factors in certain regions, Aimia provided guidance for continued growth in 2015 supported by its global coalition programs and proprietary loyalty solutions.
This document provides highlights from Aimia's Q1 2017 results, including forward-looking statements about certain financial metrics for 2017. Such statements involve assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. It also contains non-GAAP financial measures and reconciliations to GAAP measures. The document cautions that the assumptions used to make forward-looking statements about 2017 may prove incorrect or inaccurate.
- Q3 2015 highlights document from Aimia provides forward-looking statements and cautions that actual results may differ materially from projections.
- It outlines Aimia's non-GAAP financial measures including Adjusted EBITDA and Adjusted Net Earnings which are used to evaluate performance but are not comparable to GAAP measures.
- The document reports Q3 2015 consolidated Adjusted EBITDA of $49.1 million, down from $63.9 million in Q3 2014, and updates 2015 guidance for lower Gross Billings and Adjusted EBITDA compared to previous targets.
Aimia's Q1 2015 highlights saw adjusted EBITDA increase approximately 60% year-over-year due to strong performance across regions. Gross billings declined slightly by 3.6% excluding the prior year contribution from TD, with growth in Canada and EMEA offset by declines in US and APAC. Free cash flow was positive at $5.2 million compared to negative $39.5 million in the prior year. Aimia reiterated its full year 2015 guidance targets.
- The document discusses Aimia's Q1 2016 highlights and financial results. It provides forward-looking statements and cautions that actual results may differ materially from expectations.
- Gross billings decreased 3.7% to $573.0 million due to lost contracts, lower reward fulfillment activity, and wind downs, partially offset by new client wins. Adjusted EBITDA was $50.6 million.
- Key highlights included stability in Aeroplan's financial cards business, a new ISS win with Aeon Retail, and progress on Aimia's operating cost reduction initiatives.
Aimia reported its Q3 2016 highlights. Gross billings decreased 3.8% year-over-year but were down only 0.4% excluding foreign exchange impacts. Adjusted EBITDA increased to $60.5 million compared to $46.1 million in Q3 2015, with the margin expanding to 10.8% from 7.9%. Free cash flow before dividends paid was $86.7 million compared to $59 million driven by higher EBITDA, lower capital expenditures and tax refunds. On a trailing twelve-month basis, free cash flow per share increased over 20% to $0.55 compared to $0.67 in Q3 2015.
This document provides highlights from Aimia's Q4 2015 results and includes forward-looking statements about Aimia's financial metrics and performance in 2016. It cautions that Aimia's statements involve assumptions that may prove to be incorrect and do not account for special items or new transactions. It also defines several non-GAAP financial measures used by Aimia to evaluate performance and measure compliance with debt covenants.
This document provides highlights from Aimia's Q4 2016 results, including forward-looking statements about Aimia's financial metrics and performance in 2017. It also defines and reconciles several non-GAAP financial measures used by Aimia to measure performance, such as adjusted EBITDA and free cash flow, noting that these measures are not comparable to similar measures used by other companies. Finally, it cautions that Aimia's forward-looking statements are based on assumptions that may prove to be incorrect and are subject to various risks and uncertainties.
In 3 sentences:
Aimia reported strong financial results for Q4 2014 and FY 2014, meeting or exceeding guidance across key metrics like gross billings and adjusted EBITDA. The Aeroplan program transformation delivered exceptional growth results but also impacted margins as expected due to factors like welcome bonus miles and marketing programs. While some challenges were expected from economic factors in certain regions, Aimia provided guidance for continued growth in 2015 supported by its global coalition programs and proprietary loyalty solutions.
This document provides highlights from Aimia's Q1 2017 results, including forward-looking statements about certain financial metrics for 2017. Such statements involve assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. It also contains non-GAAP financial measures and reconciliations to GAAP measures. The document cautions that the assumptions used to make forward-looking statements about 2017 may prove incorrect or inaccurate.
- Q3 2015 highlights document from Aimia provides forward-looking statements and cautions that actual results may differ materially from projections.
- It outlines Aimia's non-GAAP financial measures including Adjusted EBITDA and Adjusted Net Earnings which are used to evaluate performance but are not comparable to GAAP measures.
- The document reports Q3 2015 consolidated Adjusted EBITDA of $49.1 million, down from $63.9 million in Q3 2014, and updates 2015 guidance for lower Gross Billings and Adjusted EBITDA compared to previous targets.
Aimia's Q1 2015 highlights saw adjusted EBITDA increase approximately 60% year-over-year due to strong performance across regions. Gross billings declined slightly by 3.6% excluding the prior year contribution from TD, with growth in Canada and EMEA offset by declines in US and APAC. Free cash flow was positive at $5.2 million compared to negative $39.5 million in the prior year. Aimia reiterated its full year 2015 guidance targets.
- Aimia changed its organizational structure from a regional to line of business structure effective January 1, 2016 to focus on its core loyalty businesses. The new structure has 3 operating segments: Americas Coalitions, International Coalitions, and Global Loyalty Solutions.
- In 2015, Aimia's gross billings were $2.5 billion, with 61% from Americas Coalitions, 29% from International Coalitions, and 10% from Global Loyalty Solutions. Adjusted EBITDA was $263 million.
- The new structure aims to simplify Aimia's operations, focus the company on data-driven marketing and loyalty analytics for growth, and provide supplemental financial information on the segments.
The document provides highlights from Aimia's Q2 2017 results, including forward-looking statements about certain financial metrics for 2017. These statements involve assumptions that may prove to be incorrect. In addition, the statements do not reflect the potential impact of non-recurring items, transactions, or changes that could occur after the date of the document. Actual results could differ materially from the forward-looking statements. The document also contains non-GAAP financial measures and provides definitions and reconciliations to the most comparable GAAP measures.
- The document discusses Aimia's Q3 2013 financial highlights and year-to-date 2013 consolidated financial results. Key highlights include 7.4% growth in gross billings and 4.5% growth in adjusted EBITDA compared to last year.
- Gross billings growth was driven by strong performance in US & APAC (+29.5% cc) and Canada (+3.2%), partially offset by declines in EMEA (+1.7% cc).
- On a year-to-date basis, gross billings increased 4.9% to $1.7 billion. However, operating income declined due to a $683.6 million breakage adjustment related to changes in the
This document provides highlights from Aimia's Q3 2017 results, including forward-looking statements about certain financial metrics for 2017. Such statements involve assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Slides 13-14, 19, 27, 38-39, 41, 43 and 54 contain specific forward-looking statements about 2017 financial metrics, based on general economic assumptions that may prove incorrect. The document also contains non-GAAP financial measures and reconciliations to GAAP measures.
Aimia's Q2 2015 highlights document includes forward-looking statements about financial metrics for 2015 that are based on assumptions and subject to various risks and uncertainties. It also contains non-GAAP financial measures to provide additional metrics to evaluate performance. The document provides definitions and reconciliations for adjusted EBITDA, adjusted net earnings, adjusted net earnings per share, free cash flow, and other non-GAAP measures.
- Canadian Tire Corporation reported strong first quarter 2016 financial results, with consolidated revenue excluding petroleum increasing 4.3% and retail EBITDA rising 8.8%.
- Same store sales increased 1.0% at Canadian Tire, 7.6% at FGL Sports, and 0.8% at Mark's.
- Financial Services income before taxes was down 7.1% for the quarter due to lower loan growth and number of active accounts, though investments are aimed at driving growth in the second half of 2016.
- Higher income was reported at the Retail and CT REIT segments, though Financial Services income declined and expenses increased across segments.
Third Point Reinsurance Ltd. Investor Presentationirthirdpointre
Third Point Reinsurance provides the following key information:
1) It is a Bermuda-based specialty property and casualty reinsurer with an A- rating from A.M. Best and a total return business model designed to deliver superior returns through flexible underwriting and superior investment management by Third Point LLC.
2) It has experienced strong growth since inception in 2012 as shown by a 40.6% increase in diluted book value per share and maintains a diversified premium base across business lines and geographies.
3) It takes a flexible and opportunistic approach to underwriting and leverages relationships to access attractive opportunities while maintaining a focus on risk management and controlling its exposure.
Principal Financial Group is a 136-year-old Fortune 500 company that provides retirement and investment services, asset management, and insurance solutions. It has $516 billion in assets under management from its divisions, which include Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions. The company uses non-GAAP measures to evaluate performance alongside GAAP, and provides reconciliations between the two. It operates globally and has over 20 million customers.
- Canadian Tire Corporation reported strong second quarter financial results, with consolidated revenue excluding petroleum increasing 4.5% and retail EBITDA growth of 11.2%.
- Same store sales increased 3.4% consolidated, with gains across core retail banners.
- Financial services income declined due to higher costs outpacing marginal revenue growth, though average account balances increased.
- Management remains focused on initiatives to drive productivity, IT capabilities, marketing/loyalty programs, and digital capabilities to support future growth.
This document provides highlights from BI&P's 1Q 2015 results presentation. Key points include:
- The expanded credit portfolio totaled R$3.9 billion, down 6.8% from the previous quarter due to a more conservative lending policy.
- Funding totaled R$4.1 billion, down 7.2% from the previous quarter.
- Net income was a loss of R$6.7 million, up from a R$5.1 million loss in 1Q 2014. Expenses continue to be controlled while the bank works to achieve economies of scale.
- Q3 2014 highlights include strong performance in Canada driven by continued momentum with financial card partners and the refreshed Aeroplan program. EMEA growth slowed due to coalition programs.
- Gross billings increased 9.8% in Q3 driven by growth in Canada and proprietary loyalty businesses, offset by declines in US and APAC.
- Adjusted EBITDA was $63.9 million in Q3. Free cash flow before dividends was $56.3 million.
- 2014 guidance is confirmed with expected gross billings growth between 7-9% and adjusted EBITDA margin of approximately 12%.
Everi Holdings Investor Presentation November 2016Everi_Investors
The document provides an investor presentation for Everi Holdings Inc. for the quarter ended September 30, 2016. It includes:
- An overview of Everi's Games and Payments segments, highlighting key financial metrics such as revenue, adjusted EBITDA, and unit install base.
- A summary of Everi's third quarter 2016 results and recent developments, including new product launches.
- Updates on Everi's strategic priorities to increase its product library, distribution, and operating efficiencies.
- An analysis of Everi's secured leverage ratio and the minimum adjusted EBITDA required by its credit agreement covenants over the next few years.
Forward-Looking Statements
Statements contained in this presentation that are not historical facts are forward looking statements which involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of managing rapidly changing technologies, limited access to capital, competition, the ability to attract and retain qualified employees, our ability to execute our strategy, the uncertainty of the future performance of our partner companies, acquisitions and dispositions of additional partner companies, the inability to manage growth, government regulation and legal liabilities and the effect of economic conditions in the business sectors in which our partner companies operate, negative media coverage and other uncertainties as described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
Safeguard does not assume any obligation to update any forward looking statements or other information contained in this presentation.
Sem group earnings presentation 4q & full year 2018 finalSemGroupCorporation
Fourth Quarter and Full-Year 2018 Results Earnings Conference Call February 27, 2019
The document discusses SemGroup's non-GAAP financial measures including Adjusted EBITDA, Cash Available for Dividends, and Total Segment Profit which are used to evaluate performance but are not substitutes for GAAP measures. It provides definitions and adjustments for each measure. The document also contains forward-looking statements regarding SemGroup's prospects, financial performance, annual dividend growth, and other matters which are subject to known and unknown risks that could cause actual results to differ.
Sem group earnings presentation 4q & full year-2018_finalSemGroupCorporation
Fourth Quarter and Full-Year 2018 Results Earnings Conference Call
In 3 sentences:
SemGroup reported adjusted EBITDA of $394 million for full-year 2018, an increase from $328 million in 2017. For 2019, SemGroup expects adjusted EBITDA between $420-465 million. SemGroup also provided 2019 capital expenditure guidance of $307 million, with $150 million allocated for growth projects in the U.S. and $230 million for the SemCAMS Midstream joint venture in Canada.
The document discusses Principal Financial Group's use of non-GAAP financial measures in its financial reporting. It states that the company uses several non-GAAP measures that management believes are useful for investors to evaluate performance, but notes they are not a substitute for GAAP measures. The company provides reconciliations of non-GAAP measures to the most directly comparable GAAP measures. It also notes some operational measures used that do not qualify as non-GAAP financial measures.
This document summarizes Principal Financial Group's first quarter 2016 earnings call. Some key points:
- Outstanding investment performance with over 90% of investment options in the top two Morningstar quartiles.
- Record assets under management of $548 billion with $3.3 billion in net cash flows for the quarter.
- Deployed $196 million in capital through share repurchases and dividends. Announced an increase in the second quarter dividend.
- Underlying fundamentals remain strong despite macroeconomic headwinds.
SemGroup reported fourth quarter and full-year 2017 results. Key highlights include $111 million in Adjusted EBITDA for Q4 and $328 million for the full year. SemGroup also executed several strategic transactions including a $350 million preferred equity raise, selling its interest in Glass Mountain Pipeline for $300 million, and estimated proceeds of $140 million from selling SemMaterials Mexico and SemLogistics assets. SemGroup provided 2018 Adjusted EBITDA guidance of $385-$415 million and capital expenditures guidance of $40 million for maintenance spending.
Principal Financial Group reported strong second quarter 2015 earnings, with operating earnings up 11% year-over-year on a trailing twelve month basis. Key highlights included record assets under management of $540 billion, driven by $8.2 billion of net cash flows in the quarter. 87% of investment options were in the top two Morningstar quartiles over 1- and 3-year periods. The company also announced capital deployment for the year would be at the upper end of the $800 million to $1 billion range.
Aveda Energy investor presentation June 2014AvedaEnergy
This corporate presentation provides an overview of Aveda Transportation and Energy Services Inc., a growing provider of specialized oilfield hauling and rentals in the US and Western Canada. It discusses Aveda's business segments in oilfield hauling and rentals, including services like rig moving, heavy hauling, and equipment rentals. The presentation notes that Aveda was founded in 1994 and went public in 2006, and is now well-positioned to pursue organic and acquisition growth opportunities across North America through its hauling and rentals businesses. It also lists some of Aveda's management team and provides a basic company overview.
The document lists several internship and temporary positions available at a global loyalty management company and event management company. The positions include marketing, business development, account management, IT, and event coordination intern roles located in Minneapolis, MN and Dayton, OH. The summaries provide high-level overviews of responsibilities, qualifications, and how to apply for each opportunity.
- Aimia changed its organizational structure from a regional to line of business structure effective January 1, 2016 to focus on its core loyalty businesses. The new structure has 3 operating segments: Americas Coalitions, International Coalitions, and Global Loyalty Solutions.
- In 2015, Aimia's gross billings were $2.5 billion, with 61% from Americas Coalitions, 29% from International Coalitions, and 10% from Global Loyalty Solutions. Adjusted EBITDA was $263 million.
- The new structure aims to simplify Aimia's operations, focus the company on data-driven marketing and loyalty analytics for growth, and provide supplemental financial information on the segments.
The document provides highlights from Aimia's Q2 2017 results, including forward-looking statements about certain financial metrics for 2017. These statements involve assumptions that may prove to be incorrect. In addition, the statements do not reflect the potential impact of non-recurring items, transactions, or changes that could occur after the date of the document. Actual results could differ materially from the forward-looking statements. The document also contains non-GAAP financial measures and provides definitions and reconciliations to the most comparable GAAP measures.
- The document discusses Aimia's Q3 2013 financial highlights and year-to-date 2013 consolidated financial results. Key highlights include 7.4% growth in gross billings and 4.5% growth in adjusted EBITDA compared to last year.
- Gross billings growth was driven by strong performance in US & APAC (+29.5% cc) and Canada (+3.2%), partially offset by declines in EMEA (+1.7% cc).
- On a year-to-date basis, gross billings increased 4.9% to $1.7 billion. However, operating income declined due to a $683.6 million breakage adjustment related to changes in the
This document provides highlights from Aimia's Q3 2017 results, including forward-looking statements about certain financial metrics for 2017. Such statements involve assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Slides 13-14, 19, 27, 38-39, 41, 43 and 54 contain specific forward-looking statements about 2017 financial metrics, based on general economic assumptions that may prove incorrect. The document also contains non-GAAP financial measures and reconciliations to GAAP measures.
Aimia's Q2 2015 highlights document includes forward-looking statements about financial metrics for 2015 that are based on assumptions and subject to various risks and uncertainties. It also contains non-GAAP financial measures to provide additional metrics to evaluate performance. The document provides definitions and reconciliations for adjusted EBITDA, adjusted net earnings, adjusted net earnings per share, free cash flow, and other non-GAAP measures.
- Canadian Tire Corporation reported strong first quarter 2016 financial results, with consolidated revenue excluding petroleum increasing 4.3% and retail EBITDA rising 8.8%.
- Same store sales increased 1.0% at Canadian Tire, 7.6% at FGL Sports, and 0.8% at Mark's.
- Financial Services income before taxes was down 7.1% for the quarter due to lower loan growth and number of active accounts, though investments are aimed at driving growth in the second half of 2016.
- Higher income was reported at the Retail and CT REIT segments, though Financial Services income declined and expenses increased across segments.
Third Point Reinsurance Ltd. Investor Presentationirthirdpointre
Third Point Reinsurance provides the following key information:
1) It is a Bermuda-based specialty property and casualty reinsurer with an A- rating from A.M. Best and a total return business model designed to deliver superior returns through flexible underwriting and superior investment management by Third Point LLC.
2) It has experienced strong growth since inception in 2012 as shown by a 40.6% increase in diluted book value per share and maintains a diversified premium base across business lines and geographies.
3) It takes a flexible and opportunistic approach to underwriting and leverages relationships to access attractive opportunities while maintaining a focus on risk management and controlling its exposure.
Principal Financial Group is a 136-year-old Fortune 500 company that provides retirement and investment services, asset management, and insurance solutions. It has $516 billion in assets under management from its divisions, which include Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions. The company uses non-GAAP measures to evaluate performance alongside GAAP, and provides reconciliations between the two. It operates globally and has over 20 million customers.
- Canadian Tire Corporation reported strong second quarter financial results, with consolidated revenue excluding petroleum increasing 4.5% and retail EBITDA growth of 11.2%.
- Same store sales increased 3.4% consolidated, with gains across core retail banners.
- Financial services income declined due to higher costs outpacing marginal revenue growth, though average account balances increased.
- Management remains focused on initiatives to drive productivity, IT capabilities, marketing/loyalty programs, and digital capabilities to support future growth.
This document provides highlights from BI&P's 1Q 2015 results presentation. Key points include:
- The expanded credit portfolio totaled R$3.9 billion, down 6.8% from the previous quarter due to a more conservative lending policy.
- Funding totaled R$4.1 billion, down 7.2% from the previous quarter.
- Net income was a loss of R$6.7 million, up from a R$5.1 million loss in 1Q 2014. Expenses continue to be controlled while the bank works to achieve economies of scale.
- Q3 2014 highlights include strong performance in Canada driven by continued momentum with financial card partners and the refreshed Aeroplan program. EMEA growth slowed due to coalition programs.
- Gross billings increased 9.8% in Q3 driven by growth in Canada and proprietary loyalty businesses, offset by declines in US and APAC.
- Adjusted EBITDA was $63.9 million in Q3. Free cash flow before dividends was $56.3 million.
- 2014 guidance is confirmed with expected gross billings growth between 7-9% and adjusted EBITDA margin of approximately 12%.
Everi Holdings Investor Presentation November 2016Everi_Investors
The document provides an investor presentation for Everi Holdings Inc. for the quarter ended September 30, 2016. It includes:
- An overview of Everi's Games and Payments segments, highlighting key financial metrics such as revenue, adjusted EBITDA, and unit install base.
- A summary of Everi's third quarter 2016 results and recent developments, including new product launches.
- Updates on Everi's strategic priorities to increase its product library, distribution, and operating efficiencies.
- An analysis of Everi's secured leverage ratio and the minimum adjusted EBITDA required by its credit agreement covenants over the next few years.
Forward-Looking Statements
Statements contained in this presentation that are not historical facts are forward looking statements which involve certain risks and uncertainties including, but not limited to, risks associated with the uncertainty of managing rapidly changing technologies, limited access to capital, competition, the ability to attract and retain qualified employees, our ability to execute our strategy, the uncertainty of the future performance of our partner companies, acquisitions and dispositions of additional partner companies, the inability to manage growth, government regulation and legal liabilities and the effect of economic conditions in the business sectors in which our partner companies operate, negative media coverage and other uncertainties as described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
Safeguard does not assume any obligation to update any forward looking statements or other information contained in this presentation.
Sem group earnings presentation 4q & full year 2018 finalSemGroupCorporation
Fourth Quarter and Full-Year 2018 Results Earnings Conference Call February 27, 2019
The document discusses SemGroup's non-GAAP financial measures including Adjusted EBITDA, Cash Available for Dividends, and Total Segment Profit which are used to evaluate performance but are not substitutes for GAAP measures. It provides definitions and adjustments for each measure. The document also contains forward-looking statements regarding SemGroup's prospects, financial performance, annual dividend growth, and other matters which are subject to known and unknown risks that could cause actual results to differ.
Sem group earnings presentation 4q & full year-2018_finalSemGroupCorporation
Fourth Quarter and Full-Year 2018 Results Earnings Conference Call
In 3 sentences:
SemGroup reported adjusted EBITDA of $394 million for full-year 2018, an increase from $328 million in 2017. For 2019, SemGroup expects adjusted EBITDA between $420-465 million. SemGroup also provided 2019 capital expenditure guidance of $307 million, with $150 million allocated for growth projects in the U.S. and $230 million for the SemCAMS Midstream joint venture in Canada.
The document discusses Principal Financial Group's use of non-GAAP financial measures in its financial reporting. It states that the company uses several non-GAAP measures that management believes are useful for investors to evaluate performance, but notes they are not a substitute for GAAP measures. The company provides reconciliations of non-GAAP measures to the most directly comparable GAAP measures. It also notes some operational measures used that do not qualify as non-GAAP financial measures.
This document summarizes Principal Financial Group's first quarter 2016 earnings call. Some key points:
- Outstanding investment performance with over 90% of investment options in the top two Morningstar quartiles.
- Record assets under management of $548 billion with $3.3 billion in net cash flows for the quarter.
- Deployed $196 million in capital through share repurchases and dividends. Announced an increase in the second quarter dividend.
- Underlying fundamentals remain strong despite macroeconomic headwinds.
SemGroup reported fourth quarter and full-year 2017 results. Key highlights include $111 million in Adjusted EBITDA for Q4 and $328 million for the full year. SemGroup also executed several strategic transactions including a $350 million preferred equity raise, selling its interest in Glass Mountain Pipeline for $300 million, and estimated proceeds of $140 million from selling SemMaterials Mexico and SemLogistics assets. SemGroup provided 2018 Adjusted EBITDA guidance of $385-$415 million and capital expenditures guidance of $40 million for maintenance spending.
Principal Financial Group reported strong second quarter 2015 earnings, with operating earnings up 11% year-over-year on a trailing twelve month basis. Key highlights included record assets under management of $540 billion, driven by $8.2 billion of net cash flows in the quarter. 87% of investment options were in the top two Morningstar quartiles over 1- and 3-year periods. The company also announced capital deployment for the year would be at the upper end of the $800 million to $1 billion range.
Aveda Energy investor presentation June 2014AvedaEnergy
This corporate presentation provides an overview of Aveda Transportation and Energy Services Inc., a growing provider of specialized oilfield hauling and rentals in the US and Western Canada. It discusses Aveda's business segments in oilfield hauling and rentals, including services like rig moving, heavy hauling, and equipment rentals. The presentation notes that Aveda was founded in 1994 and went public in 2006, and is now well-positioned to pursue organic and acquisition growth opportunities across North America through its hauling and rentals businesses. It also lists some of Aveda's management team and provides a basic company overview.
The document lists several internship and temporary positions available at a global loyalty management company and event management company. The positions include marketing, business development, account management, IT, and event coordination intern roles located in Minneapolis, MN and Dayton, OH. The summaries provide high-level overviews of responsibilities, qualifications, and how to apply for each opportunity.
- Aimia achieved or surpassed its guidance for all metrics in 2013, with strong underlying performance across regions.
- Gross billings grew 4.5% on a constant currency basis for the year. Adjusted EBITDA was $350.5 million for the year, excluding conveyance items.
- Free cash flow was above guidance at $268.1 million for the year, excluding conveyance items. The company also continued growing its annual common share dividends.
This document contains slides from an AIMIA credit rating agency presentation from September 2014. It discusses AIMIA's financial performance in Q2 and the first half of 2014, with Gross Billings up 13.6% and 20.6% respectively. Free Cash Flow was also up significantly for the quarter and year-to-date. The presentation provides details on the drivers of growth and updates AIMIA's guidance targets for 2014.
The document describes several internship and temporary positions available at a customer loyalty company. The positions include an Account Management Intern, Business Development Intern, IT Intern, Marketing Operations Intern, Marketing Intern, and Temporary Event Manager. The summaries provide high-level overviews of what each role entails, qualifications sought, and how to apply.
New #mBank - Change of Design is Change of EverythingNordea
This deck was presented at the UX Poland convention - the largest UX/UI focused event in Central & Eastern Europe, in April 2013.
New mBank - 10 most impactful financial innovations in one go.
New mBank is a modern banking rendition of the 3rd largest retail bank in Poland with 3.5 million customers.
New mBank won "Best of Show Award" at Finovate Europe in London in February 2013
The document provides forward-looking statements for presentations. It states that forward-looking statements involve assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Some factors that could affect results include economic conditions, competition, changes to loyalty programs, seasonal aspects of the business, and other risks outlined in Aimia's public filings. The statements represent Aimia's expectations as of September 20, 2012 but Aimia disclaims any obligation to update forward-looking statements except as required by law.
New mBank - 10 most impactful financial innovations in one go.
New mBank is a modern banking rendition of the 3rd largest retail bank in Poland with 3.5 million customers.
New mBank won "Best of Show Award" at Finovate Europe in London in February 2013
Cardlytics provides a revenue-generating rewards solution that is highly relevant and easy for customers to access savings. It leverages purchase history from debit cards, credit cards, online bill pay, and ACH transactions to target offers to customers. This transaction-marketing approach provides superior targeting, precise measurement of marketing ROI, and high customer engagement. Cardlytics' platform protects customer privacy and serves the majority of national retailers as well as thousands of local businesses.
Cardlytics at DRS: Reaching the Buyers You Really Want Digiday
Digiday workshop sponsored by Cardlytics. Card-Linked Marketing is a completely new media channel, providing advertisers the possibility of reaching exactly the consumers they want, at significant scale. For the first time, advertisers can fine-tune their marketing based actionable Big Data. Cardlytics will discuss the industry, practical factors for success, and case studies for making the most of this new and effective channel.
Speaker: Kasey Byrne, svp, marketing, Cardlytics
mBank - the most design-driven digital bank in the world - NetFinance, Miami ...Nordea
Most recent update on mBank - the most design-driven digital bank in the world.
Deck presented at NetFinance in Miami in April 2014.
6 global innovation awards (Finovate, Efma, Bank Innovation 2014, Celent's Model Bank 2014). Coverage by Forrester Research, TechCrunch, Harvard Business Review, WSJ, American Banker and more...
The document summarizes a shareholder meeting for tronc, Inc. It highlights improvements in the company's balance sheet, core business, and investments in growth areas. Financial metrics like Adjusted EBITDA, net debt, stock price, and net income were up significantly from the previous year. However, the document also includes disclaimers stating that some terms used are non-GAAP measures and the financial data should not be considered as alternatives to GAAP measures of performance.
- Tribune Publishing is a diversified media company with iconic local brands that are #1 providers of local news in their markets. They have a five-point strategy to accelerate the transition to digital, maintain a disciplined cost structure, diversify revenue, accelerate national sales, and pursue acquisitions.
- In Q2 2015, digital revenues were up 3.7% to $52M and digital marketing services revenues were up 14.8% to $7.3M. Adjusted cash operating expenses were down $27M from prior year.
- They completed the acquisition of the San Diego Union-Tribune in Q2 2015 to form the California News Group with the Los Angeles Times and realize synerg
Third quarter 2016 earnings presentation by MPG:
- Net sales of $676 million were down 9% from Q3 2015 due to macroeconomic headwinds and planned attrition of non-core businesses. Adjusted EBITDA was $114 million.
- Year-to-date net sales were $2.14 billion, down 7% from 2015, and adjusted EBITDA was $386 million. Results were impacted by foreign exchange rates, metals prices and volume declines in commercial and industrial markets.
- The company is tracking to the lower end of its full-year guidance and expects continued strong margins and cash flow despite market challenges.
The document provides an overview of SemGroup's third quarter 2018 results. Key points include:
- Adjusted EBITDA was $96.4 million for the quarter.
- A quarterly dividend of $0.4725 per share was declared, with dividend coverage of 1.4x.
- Capital expenditures guidance for 2018 was updated to $360 million, up 3% from prior guidance.
- Execution continued on strategic projects in the Gulf Coast, Mid-Continent and Canada expected to drive growth in 2019 and beyond.
The document provides an overview of SemGroup's third quarter 2018 results. Key points include:
- Adjusted EBITDA was $96.4 million for the quarter.
- The company declared a quarterly dividend of $0.4725 per share, with dividend coverage of 1.4x.
- Capital expenditures guidance for 2018 was updated to $360 million, up 3% from prior guidance.
- Several growth projects across the Gulf Coast, Mid-Continent and Canada regions are expected to drive financial growth through 2020 and beyond.
This document summarizes SemGroup's second quarter 2018 earnings conference call. It discusses non-GAAP financial measures used by SemGroup like Adjusted EBITDA, Cash Available for Dividends, and Total Segment Profit. It provides definitions of these terms and notes that they are not substitutes for GAAP measures but are used by management to evaluate performance. The document also contains forward-looking statements about SemGroup's prospects, plans, and financial performance that are based on current expectations and assumptions which involve risks and uncertainties.
The document discusses SemGroup's non-GAAP financial measures of Adjusted EBITDA, Cash Available for Dividends (CAFD) and Total Segment Profit. It explains that Adjusted EBITDA removes certain selected items from net income to improve comparability between periods and includes a list of the types of items generally excluded. CAFD is based on Adjusted EBITDA less certain cash payments to analyze performance after obligations. Total Segment Profit represents revenue less costs and expenses, adjusted for certain items, and is how management assesses segment performance. The measures are used by management and may be presented to investors but have limitations as analytical tools.
The document provides an overview of SemGroup's non-GAAP financial measures and forward-looking statements. It discusses Adjusted EBITDA, Cash Available for Dividends, and Total Segment Profit, which are not GAAP measures. It also notes that SemGroup does not provide guidance for net income due to non-cash items that cannot be accurately forecasted. The document contains statements regarding SemGroup's prospects, plans, expectations and outlook that are considered forward-looking under securities laws, and are subject to risks and uncertainties.
Sem cams investor presentation master september 2018 finalSemGroupCorporation
The document discusses SemGroup's non-GAAP financial measures and provides forward-looking statements. It includes the following key points:
- SemGroup uses measures like Adjusted EBITDA, Cash Available for Dividends, and Total Segment Profit to evaluate performance, which are not substitutes for GAAP measures.
- Adjusted EBITDA excludes selected non-cash and other items to improve comparability between periods.
- Cash Available for Dividends is based on Adjusted EBITDA less certain cash expenses and capital expenditures.
- Total Segment Profit assesses performance at the segment level and excludes certain items.
- The document cautions that non-GAAP measures have limitations
This document discusses LPL Financial's business opportunity and provides forward-looking statements and notices about non-GAAP financial measures. It highlights that LPL Financial is the leading financial services provider to independent advisors, RIAs, and financial institutions. Key messages are that LPL Financial's differentiated value proposition drives advisor growth, the scale of its advisory and brokerage offerings provides flexibility to manage change, and its financial performance demonstrates business growth and earnings potential. The document contains cautionary language about forward-looking statements and defines non-GAAP financial measures including adjusted earnings and adjusted EBITDA.
- MPG reported financial results for the second quarter of 2016 with net sales of $728 million, down from $800 million in the second quarter of 2015 due to macroeconomic headwinds including foreign currency exchange rates and lower metals prices. Adjusted EBITDA was $135 million.
- For the full year 2016, MPG expects net sales between $3.1-3.2 billion, down from previous guidance due to continued macroeconomic pressures. However, the company is on pace to achieve its goal of $1.8 billion in new business awards by the end of 2016 which will drive future growth.
- MPG continues to focus on growing its powertrain business and investing in new technologies to
Anixter November 2016 Investor Presentationanixterir
This document provides an overview and summary of Anixter's business for investors. It discusses Anixter's strategic actions that have repositioned and strengthened the business, including acquisitions that have improved its geographic and product mix. The document then summarizes Anixter's business model, highlighting its leading market positions, strong supplier and customer relationships, competitive advantages, and counter-cyclical cash flow. It also provides overviews of Anixter's three business segments - Network & Security Solutions, Electrical & Electronic Solutions, and Utility Power Solutions - discussing quarterly performance, growth opportunities, and synergies from acquisitions.
- MPG reported financial results for the first quarter of 2016 with overall strong performance. Net sales were $739.5 million compared to $765.2 million in the prior year period. Adjusted EBITDA increased to $137.7 million from $132.6 million driven by operational improvements despite negative foreign exchange impacts.
- Adjusted EPS increased 31% to $0.55 per share due to higher adjusted EBITDA, lower interest costs, and a reduced tax rate.
- New business awards in Q1 2016 increased approximately 15% year-over-year and MPG expects $400 million in new awards for 2016.
- MPG reiterated its full year 2016 guidance for net sales
This document provides an overview of SemGroup's non-GAAP financial measures and forward-looking statements. It defines Adjusted EBITDA, Cash Available for Dividends, and Total Segment Profit as non-GAAP measures used by management to evaluate performance that exclude certain items affecting comparability between periods. It cautions that non-GAAP measures should not be considered in isolation or as substitutes for GAAP measures. The document also notes that forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from expectations.
- MPG reported fourth quarter 2016 net sales of $647 million, down 12% from fourth quarter 2015, due to planned attrition of non-core wheel bearing business and lower light vehicle production in North America.
- Adjusted EBITDA for the quarter was $107 million, a 13% decrease from the previous year, driven by lower sales volumes partially offset by cost reductions.
- For the full year, MPG achieved $493 million in Adjusted EBITDA on $2.791 billion in net sales, reflecting strong cost control despite market headwinds.
MPG provided guidance for 2016 that is unchanged from previous estimates:
- Net sales are expected to be approximately $3.1 billion.
- Adjusted EBITDA margin is anticipated to be around 18%.
- Adjusted free cash flow yield is projected to be over 10% of net sales.
The document provides cautionary statements regarding forward-looking statements and non-GAAP financial measures discussed in a presentation about US Foods. It outlines risks, uncertainties, and assumptions that could cause actual results to differ from forward-looking statements. These include risks related to inflation, competition, suppliers, debt, acquisitions, labor, regulations, technology, and other operational factors. The document also states that non-GAAP measures like EBITDA, adjusted EBITDA, and adjusted net income exclude certain items to focus on core operating performance and provide comparability between periods.
MPG provides a presentation on its financial results and business prospects. It discusses forward-looking statements and risks that could impact financial estimates. It also defines several non-GAAP financial measures it uses to evaluate performance, such as Combined Net Sales, Adjusted EBITDA, Adjusted Free Cash Flow, and Adjusted EPS. MPG describes its business as a powerful cash flow engine with strong margins and market positions in powertrain applications. It sees opportunities for long-term growth through its leadership in advanced metal processes.
MPG provides a presentation on its financial results and business prospects. It discusses forward-looking statements and risks that could impact financial estimates. It also defines several non-GAAP financial measures it uses to evaluate performance, such as Combined Net Sales, Adjusted EBITDA, Adjusted Free Cash Flow, and Adjusted EPS. MPG describes its business as a powerful cash flow engine with strong margins and market positions in powertrain applications. It sees opportunities for long-term growth through its leadership in advanced metal processes.
This document provides an overview of Tribune Publishing Company's strategy and financial performance. The key points are:
1) Tribune Publishing owns iconic media brands in major markets and aims to build on its leading local print and digital presence while accelerating the digital transition.
2) In Q3 2014, revenues declined 4.7% year-over-year due to lower advertising sales, while expenses were flat.
3) The company maintains a conservative balance sheet and allocates capital strategically to acquisitions, debt repayment, and returns to shareholders.
Similar to Aimia Q2 2016 Financial Highlights Presentation (20)
- Aimia reported strong financial results for Q2 2014, with gross billings up 13.6% and free cash flow up 72.4%
- Aeroplan membership grew 4% to 5 million members since announcing its transformation, with co-branded credit cardholders reaching 1.5 million
- A new long-term partnership with Fractal Analytics was announced to build on Aimia's existing analytics capabilities
- Gross billings for Q1 2014 were $717.2 million, an increase of 27.8% over Q1 2013, boosted by a $100 million contribution from TD related to Aeroplan program changes.
- Adjusted EBITDA was $132.6 million for Q1 2014, an increase of 60.1% over Q1 2013.
- Free cash flow before dividends paid was $60.5 million for Q1 2014, compared to negative $9.5 million for Q1 2013, driven by strong growth in gross billings and lower than expected redemptions.
Charles Humphreys is the Managing Director of Cardlytics UK. Cardlytics is a global leader in card-linked marketing with a real-time marketing and analytics platform. It has partnerships with over 400 financial institutions in the US, including Bank of America. In the UK, Cardlytics launched a proposition in September 2013 with Lloyds Banking Group and their Halifax brand. Cardlytics models balance the needs of financial institutions, customers, and retailers/brands by providing revenue through rewards funded by advertisers, increasing card usage and engagement for customers through relevant offers, and profitable new media for advertisers. For financial institutions specifically, Cardlytics delivers value through rich rewards at no cost to the institution, increased card spend
Aeroplan is transforming its Canadian coalition loyalty program to focus on delivering greater member value. The transformation includes new 10-year agreements with TD and CIBC to be the exclusive issuers of Aeroplan credit cards. This provides a stable platform for growth. The changes are aimed at addressing points of vulnerability and providing a differentiated experience through a multi-year effort to rework the member experience. The goal is modest membership growth and higher revenues by upgrading members to drive more strategic use of miles and deliver outstanding value to members and partners.
Aimia's global strategy is focused on becoming the recognized global leader in loyalty by:
1) Breaking away from competitors by delivering distinctive programs and leading loyalty analytics capabilities.
2) Codifying and replicating successful loyalty models globally.
3) Strengthening their position in existing markets, verticals, countries, and customer segments.
4) Evolving their operating model through product and commercial model improvements.
The strategy aims to drive an attractive long-term investment proposition for shareholders through growth opportunities while maintaining a diversified and cash flow generating business model.
Jan-Pieter Lips discusses transforming Aimia's coalitions in EMEA. He outlines strategies to strengthen existing coalitions like Nectar UK and Air Miles Middle East by increasing member value and engagement. He also discusses breaking away from competitors by embracing digital with partnerships like eBay and using data insights innovatively with Oxfam. Finally, he talks about codifying successful models like Nectar UK to launch new programs in other regions, such as a pilot with small businesses in Italy. The overall aim is to continue driving leadership in EMEA coalitions.
Aeroplan is transforming its Canadian coalition loyalty program model to focus on delivering greater member value. Key changes include introducing a new Distinction program that provides differentiated recognition and rewards to high-value members based on their spending levels and travel, reworking agreements with financial partners TD and CIBC to introduce enhanced credit cards and drive growth, and improving travel rewards to offer more availability and value for members. The transformations aim to strengthen Aeroplan's market leadership position by better engaging premium members and generating higher revenues over the long term.
Aimia's global strategy focuses on data analytics at its core. It leverages four key assets: data, value-added IP, track record of impact, and customer centricity. Aimia has experience providing loyalty analytics in fast-moving retail, demonstrating strengths in areas like improving retailer performance and connecting different data sources. Looking forward, Aimia aims to compete in customer-centric analytics, loyalty program management analytics, business intelligence powered by customer data, and data/channel monetization.
Aimia's global strategy focuses on leading the loyalty market through four strategic pillars: 1) Breaking away from competitors by delivering distinctive value in owned programs and analytics capabilities, 2) Codifying and replicating successful coalition models globally, 3) Strengthening their current position, and 4) Evolving their operating model. The company aims to differentiate by investing in unique customer insights and data-generating assets. Aimia's member-centric approach centers on enabling customers to interact, share, and control their loyalty experience through personalized communications and a social graph.
This document contains forward-looking statements and identifies them with terminology such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will", "would", and "should". It cautions that forward-looking statements are based on assumptions and are subject to important risks and uncertainties that could cause actual results to differ materially from expectations. Specifically, it identifies dependencies on partners and clients, effective program enhancements, regulatory matters, economic conditions, industry competition, and other factors as risks to forward-looking projections. The document also excludes currency exchange rate effects and makes economic and market assumptions inherent in the forward-looking statements.
Jan-Pieter Lips discusses transforming Aimia's coalitions in EMEA. He highlights Nectar UK's strong momentum with growth in members and points issuance. Nectar has strengthened member and partner value through successful initiatives like Summer Double Value. Air Miles Middle East saw increased activity after refreshing its value proposition. Breaking into new areas, Nectar launched with eBay and innovated with Oxfam. Codifying successful models could unlock growth, such as trialling Nectar Local in Italy. The presentation outlines pillars to drive continued EMEA coalition leadership through strengthening existing programs, breaking into new areas, and codifying transferable success.
The Genesis of BriansClub.cm Famous Dark WEb PlatformSabaaSudozai
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
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Every industrial revolution has created a new set of categories and a new set of players.
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Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
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I dive into how businesses can stay competitive by integrating AI into their core processes. From identifying the right approach to building collaborative teams and recognizing common pitfalls, this guide has got you covered. AI transformation is a journey, and this playbook is here to help you navigate it successfully.
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Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
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This presentation is a curated compilation of PowerPoint diagrams and templates designed to illustrate 20 different digital transformation frameworks and models. These frameworks are based on recent industry trends and best practices, ensuring that the content remains relevant and up-to-date.
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These materials are perfect for enhancing your business or classroom presentations, offering visual aids to supplement your insights. Please note that while comprehensive, these slides are intended as supplementary resources and may not be complete for standalone instructional purposes.
Frameworks/Models included:
Microsoft’s Digital Transformation Framework
McKinsey’s Ten Guiding Principles of Digital Transformation
Forrester’s Digital Transformation Framework
IDC’s Digital Transformation MaturityScape
MIT’s Digital Transformation Framework
Gartner’s Digital Transformation Framework
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Capgemini’s Digital Transformation Framework
PwC’s Digital Transformation Framework
Cisco’s Digital Transformation Framework
Cognizant’s Digital Transformation Framework
DXC Technology’s Digital Transformation Framework
The BCG Strategy Palette
McKinsey’s Digital Transformation Framework
Digital Transformation Compass
Four Levels of Digital Maturity
Design Thinking Framework
Business Model Canvas
Customer Journey Map
During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
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3. Forward-looking statements are included in this presentation. These forward-looking statements are typically identified by the use of terms such as “outlook”, “guidance”, “target”,
“forecast”, “assumption” and other similar expressions or future or conditional terms such as "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict",
"project", "will", "would", and “should”. Such statements may involve but are not limited to comments with respect to strategies, expectations, planned operations or future actions.
Forward-looking statements, by their nature, are based on assumptions and are subject to important risks and uncertainties. Any forecasts, predictions or forward-looking statements
cannot be relied upon due to, among other things, changing external events and general uncertainties of the business and its corporate structure. Results indicated in forward-looking
statements may differ materially from actual results for a number of reasons, including without limitation, dependency on significant Accumulation Partners and clients, failure to
safeguard databases, cyber security and consumer privacy, changes to the Aeroplan Program, reliance on Redemption Partners, conflicts of interest, greater than expected air
redemptions for rewards, regulatory matters, retail market/economic conditions, industry competition, Air Canada liquidity issues, Air Canada or travel industry disruptions, airline industry
changes and increased airline costs, supply and capacity costs, unfunded future redemption costs, changes to coalition loyalty programs, seasonal nature of the business, other factors
and prior performance, foreign operations, legal proceedings, reliance on key personnel, labour relations, pension liability, technological disruptions, inability to use third-party software
and outsourcing, failure to protect intellectual property rights, interest rate and currency fluctuations (including currency risk or our foreign operations which are denominated in a currency
other than the Canadian dollar, mainly pound sterling, and subject to fluctuations as a result of foreign exchange rate variations), leverage and restrictive covenants in current and future
indebtedness, uncertainty of dividend payments, managing growth, credit ratings, audit by tax authorities, as well as the other factors identified throughout Aimia’s MD&A and its other
public disclosure records on file with the Canadian securities regulatory authorities.
In particular, slides 10, 11, 29 and 33 of this presentation contain certain forward-looking statements with respect to certain financial metrics in 2016. Aimia made a number of general
economic and market assumptions in making these statements, including assumptions regarding currencies, the performance of the economies in which the Corporation operates and
market competition and tax laws applicable to the Corporation’s operations. The Corporation cautions that the assumptions used to make these statements with respect to 2016,
although reasonable at the time they were made, may prove to be incorrect or inaccurate. In addition, these statements do not reflect the potential impact of any non-recurring or other
special items or of any new material commercial agreements, dispositions, mergers, acquisitions, other business combinations or transactions that may be announced or that may occur
after August 11, 2016. The financial impact of these transactions and non-recurring and other special items can be complex and depends on the facts particular to each of them. We
therefore cannot describe the expected impact in a meaningful way or in the same way we present known risks affecting our business. Accordingly, our actual results could differ
materially from the statements made on slides 10, 11, 29 and 33 of this presentation.
The forward-looking statements contained herein represent the Corporation’s expectations as of August 11, 2016 and are subject to change. However, Aimia disclaims any intention or
obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities
regulations.
This presentation contains both IFRS and non-GAAP financial measures. Non-GAAP financial measures are defined and reconciled to the most comparable IFRS measures, if
applicable, in our MD&A. See caution regarding Non-GAAP financial measures on slide 4.
FORWARD-LOOKING AND CAUTIONARY STATEMENTS
3
4. Aimia uses the following non-GAAP financial measures which it believes provides investors and analysts with additional information to better understand results as well as assess its potential. GAAP means
generally accepted accounting principles in Canada and represents International Financial Reporting Standards (“IFRS”). For a reconciliation of non-GAAP financial measures to the most comparable GAAP
measure, please refer to the section entitled “Performance Indicators (including certain non-GAAP financial measures)” in our Management Discussion & Analysis on pages 7 to 12 for the three months ended June
30, 2016 which can be accessed here: http://www.aimia.com/content/dam/aimiawebsite/financial_reports/2016/Q2/2016Q2AimiaMDA.pdf.
Adjusted EBITDA
Adjusted EBITDA is not a measurement based on GAAP, is not considered an alternative to operating income or net earnings in measuring performance, and is not comparable to similar measures used by other
issuers. We do not believe that Adjusted EBITDA has an appropriate directly comparable GAAP measure. As an alternative, we do however provide a reconciliation to operating income in our MD&A. Adjusted
EBITDA is used by management to evaluate performance, and to measure compliance with debt covenants. Management believes Adjusted EBITDA assists investors in comparing the Corporation’s performance
on a consistent basis without regard to depreciation and amortization and impairment charges, which are non-cash in nature and can vary significantly depending on accounting methods and non-operating factors
such as historical cost. Adjusted EBITDA is operating income adjusted to exclude depreciation, amortization and impairment charges, as well as adjusted for certain factors particular to the business, such as
changes in deferred revenue and Future Redemption Costs. Adjusted EBITDA also includes distributions and dividends received or receivable from equity-accounted investments. Adjusted EBITDA should not be
used as an exclusive measure of cash flow because it does not account for the impact of working capital growth, capital expenditures, debt repayments and other sources and uses of cash, which are disclosed in
the statements of cash flows.
Adjusted Net Earnings
Adjusted Net Earnings is not a measurement based on GAAP, is not considered an alternative to net earnings in measuring profitability, and is not comparable to similar measures used by other issuers. Adjusted
Net Earnings provides a measurement of profitability calculated on a basis consistent with Adjusted EBITDA. Net earnings attributable to equity holders of the Corporation are adjusted to exclude Amortization of
Accumulation Partners’ contracts, customer relationships and technology, share of net earnings (loss) of equity accounted investments and impairment charges. Adjusted Net Earnings includes the Change in
deferred revenue and Change in Future Redemption Costs, net of the income tax effect and non-controlling interest effect (where applicable) on these items at an entity level basis. Adjusted Net Earnings also
includes distributions and dividends received or receivable from equity-accounted investments.
Adjusted Net Earnings per Common Share
Adjusted Net Earnings per Common Share is not a measurement based on GAAP, is not considered an alternative to Net Earnings per Common Share in measuring profitability per Common Share and is not
comparable to similar measures used by other issuers. Adjusted Net Earnings per Common Share provides a measurement of profitability per Common Share on a basis consistent with Adjusted Net Earnings.
Calculated as Adjusted Net Earnings less dividends declared on preferred shares divided by the number of weighted average number of basic and diluted common shares.
Free Cash Flow
Free Cash Flow is not a measurement based on GAAP and is unlikely to be comparable to similar measures used by other issuers. Management believes Free cash flow (“Free Cash Flow”) provides a consistent
and comparable measurement of cash generated from operations and is used as an indicator of financial strength and performance. Free Cash Flow is defined as cash flows from operating activities, as reported in
accordance with GAAP, less: (a) total capital expenditures as reported in accordance with GAAP; and (b) dividends paid.
Free Cash Flow before Dividends Paid and Free Cash Flow before Dividends Paid per Common Share
Free Cash Flow before Dividends Paid are non-GAAP measures and are not comparable to similar measures used by other issuers. They are used in order to provide a consistent and comparable measurement
of cash generated from operations and used as indicators of financial strength and performance. Free Cash Flow before Dividends Paid is defined as cash flows from operating activities as reported in accordance
with GAAP, less capital expenditures as reported in accordance with GAAP. Free Cash Flow before Dividends Paid per Common Share is a measurement of cash flow generated from operations on a per share
basis. It is calculated as follows: Free Cash Flow before dividends paid minus dividends paid on preferred shares and non-controlling interests over the weighted average number of common shares outstanding.
Constant Currency
Because exchange rates are an important factor in understanding period to period comparisons, management believes that the presentation of various financial metrics on a constant currency basis or after giving
effect to foreign exchange translation, in addition to the reported metrics, helps improve the ability to understand operating results and evaluate performance in comparison to prior periods. Constant currency
information compares results between periods as if exchange rates had remained constant over the periods. Constant currency is derived by calculating current-year results using prior-year foreign currency
exchange rates. Results calculated on a constant currency basis should be considered in addition to, not as a substitute for, results reported in accordance with GAAP and may not be comparable to similarly titled
measures used by other companies.
NON-GAAP FINANCIAL MEASURES
4
6. Q2 2016 FINANCIAL HIGHLIGHTS*
(1) Constant Currency excludes the translation effect of foreign operations on the consolidated results. For more information on Constant Currency, please refer to slide 4.
(2) Three months ending June 30, 2015 excludes the reduction of the Card Migration Provision.
6
Q2 2016
$560.7
(7.4%)
(7.6%) in c.c.
(1)
$54.6
9.7% margin
$44.2
$14.4
$163.5
Q2 2015
$605.3
$59.2
$23.7
$61.8
10.2% margin
(normalized)
$166.6
(normalized)
Gross Billings:
Aeroplan back to
growth. Lower
Nectar issuance
impacted by
phasing of
campaigns.
Adjusted
EBITDA: Cost
reduction benefits.
IT transition costs
and timing of
expenses.
FCF: Reduced
redemptions and
capex.
Lower Gross
Billings.
Gross
Billings
Operating
expenses(2)
Adjusted
EBITDA(2)
FCF before
dividends paid
Capital
expenditures
(in millions of Canadian dollars and YoY (%) variance)
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
7. Q2 2016 RETURNS TO SHAREHOLDERS*
7
$1.05 $0.64 $0.81
5.6%
4.7%
10.2%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
Q2 2014 Q2 2015 Q2 2016
(1) Trailing twelve months Free Cash Flow before Dividends Paid per Common Share and is calculated as: (Trailing twelve months Free Cash Flow before common and preferred dividends paid, less preferred
dividends and dividends to non-controlling interests paid)/ weighted average common shares outstanding.
(2) Free Cash Flow Yield calculated as Free Cash Flow before Dividends Paid per Common Share divided by closing share price at June 30 of each year.
(3) Free Cash Flow payout ratio calculated as common dividends paid divided by Free Cash Flow before Dividends Paid.
(4) Excludes $172.5 million in conveyance payments to CIBC in Q4 2013, $100.0 million TD contribution and $22.5 million HST payment in Q1 2014, and $83.4 million tax refund received in Q2 2014.
(5) Excludes $20.7 million tax deposit in Q3 2014, $7.5 million tax refund received in Q4 2014, and $20.4 million tax refund in Q1 2015.
(6) Excludes $20.7 million tax refund received in Q4 2015.
TTM Normalized FCF per Common Share(1)
before Dividends Paid and FCF Yield(2)
$0.18 $0.19 $0.20
69%
119%
99%
-10.0%
10.0%
30.0%
50.0%
70.0%
90.0%
110.0%
130.0%
150.0%
$0.10
$0.12
$0.14
$0.16
$0.18
$0.20
$0.22
Q2 2014 Q2 2015 Q2 2016
Strong FCF
generation
underpins
significant FCF
yield and a
meaningful
dividend payout
Quarterly Dividend per Common
Share and FCF Payout Ratio(3)
Shares
outstanding
reduced by 12%
since November
2014 through
$275 million
share buyback
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
(4) (5) (6)
8. Q2 2016 GROSS BILLINGS AND OPERATIONAL HIGHLIGHTS
(in millions of Canadian dollars and
YoY variance (%) )
Aimia
Gross Billings**
$560.7
Americas
Coalitions
$378.3
68% of total
Gross Billings
International
Coalitions
$130.7
23% of total
Gross Billings
Global Loyalty
Solutions
$51.8
9% of total
Gross Billings
Continued progress on transition to higher
margin platform-based business: leading
fashion specialty retailer Nordstrom is the
first retailer to implement the Aimia
Loyalty Platform
Growing financial card base driving 3%
increase in financial cards Gross
Billings and supporting full year outlook
for Aeroplan
Phasing of Nectar campaigns to second
half resulting in lower Q2 Gross Billings
Q2 operational highlights
(7.4)%
0.6%
(25.0)%
(6.8)%
** Differences may result due to rounding or inter-company eliminations.
8
9. Q2 2016 PROGRESS ON SIMPLIFY AND FOCUS
July/August 2016:
Completed the sale
Enhancement
Services to Sigma
Capital for a cash
consideration of $15
million
Suspended US
coalition efforts
June 2016:
Exited the
Cardlytics UK card-
linked marketing
business for a non-
cash consideration
of $23 million(1)
Early 2016:
Exited Nectar
Italia and LATAM
presence Q2 progress made
on simplifying the
business; expect
evaluation and
consideration of
further disposals of
non-core
investments and
assets
(1) Half of the consideration is contingent upon the satisfaction of certain conditions relating to the UK card-linked business.
9
10. GBP weakness and
USD/CAD volatility
driving lower
International
Coalitions Gross
Billings and
Aeroplan travel
patterns
DRIVERS IMPACTING GROSS BILLINGS AND
REDEMPTIONS
Canadian Household Consumption Expenditure Final (HCE)*
Expected modest
improvement to
Canadian
consumer spend
unlikely to drive
significant
incremental growth
before 2017
Exchange rates (GBP and US$)
*Source: Household consumption expenditure component of nominal GDP, Stats Can
10
1.88 1.88
2.02 2.02
1.97
1.85
1.24 1.23
1.31 1.33 1.37
1.29
Q1 15A Q2 15A Q3 15A Q4 15A Q1 16A Q2 16A Q3 16F Q4 16F
GBP/CAD$ US$/CAD$
2.3% 2.3%
1.8%
2.3%
1.8%
2.1%
2.2%
1.0%
1.5%
2.0%
2.5%
3.0%
Q2 15A Q3 15A Q4 15A Q1 16A Q2 16A Q3 16F Q4 16F
11. 2016 GUIDANCE UPDATED FOR FX AND OPEX PROGRESS*
11
(1) Adjusted EBITDA for 2016 and Free Cash Flow before Dividends Paid for 2016 do not include the impact of severance expenses or payments relating to the organizational
changes announced on August 14, 2015 or any further actions related to restructuring or the potential disposal of non-core assets.
(2) The revised guidance includes approximately $25 million in reduced Gross Billings resulting from the disposals of the Cardlytics U.K. and Enhancement Services businesses.
The impact to Adjusted EBITDA and Free Cash Flow before Dividends Paid is included in our updated guidance for 2016.
2016
original
2016
updated
2016
original
2016
updated
165.
7(5)
2016
original
2016
updated
190 - 220Above
9%
Gross Billings Adjusted EBITDA Free Cash Flow before
Dividends Paid
Around
9.5%
190-210
2,300 -
2,350
75.0
2016
original
2016
updated
Capital Expenditures
70-80
Stable
75 - 85
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures. Please refer to Slide 3 for a
description of the assumptions made with respect to and risks related to the 2016 forecasts.
(in millions of Canadian dollars)
(1) (1)
(1) (1)
(1) (1) (1) (1)(2) (2) (2) (2)
13. 13
(1) Constant Currency (c.c.) excludes the translation effect of foreign operations on the consolidated results. For more information on Constant Currency, please refer to
Aimia’s August 11, 2016 earnings press release.
Q2 2016 CONSOLIDATED GROSS BILLINGS
(in millions of Canadian dollars)
$560.7
($43.5)
($3.8)
$2.3
$605.3
2015 Reported 2016 Reported
Americas
Coalitions
International
Coalitions Global
Loyalty
Solutions
Consolidated: (7.4)% growth; (7.6)% in c.c.(1);
Americas Coalitions: +0.2% in c.c.(1);
International Coalitions: (24.6)% in c.c.(1);
Global Loyalty Solutions: (7.4)% in c.c. (1)
Aeroplan growth
offset by Loyalty
Services
Phasing of Nectar
campaigns
Cycling 2015 client
wind-down offsetting
growth with new
platforms
14. $163.5(2)
($2.1) ($1.2) $0.0 $0.2
$166.6(1)
Q2 2015
Adjusted
Q2 2016
Reported
PROGRESS ON OPERATING EXPENSES*
14
(1) Excludes the favourable impact of $45.7 million resulting from the reduction of the Card Migration Provision during the three months ended June 30, 2015.
(2) Includes severance expense of $1.6 million related to organizational changes announced on August 14, 2015.
Other
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
Americas
Coalitions
International
Coalitions
Global
Loyalty
Solutions
(in millions of Canadian dollars)
Operational
efficiencies
including
>10%
reduction in
YTD contact
centre
operating
costs
Nectar Italia
exit and other
operational
efficiencies
Reduction of
card
migration
provision
$120.9
(reported)
15. Q2 2016 CONSOLIDATED ADJUSTED EBITDA*
15
(1) Excludes the favourable impact of $45.7 million resulting from the reduction of the Card Migration Provision during the three months ended June 30, 2015.
(2) Includes severance expense of $1.6 million related to organizational changes announced on August 14, 2015.
(3) Constant Currency (c.c.) excludes the translation effect of foreign operations on the consolidated results. For more information on Constant Currency, please refer to
Aimia’s August 11, 2016 earnings press release.
(in millions of Canadian dollars)
$54.6(2)
($9.1)
($0.9) ($4.2)
$7.0(1)
$61.8(1)
2015 Adjusted 2016 Reported
Americas
Coalitions
International
Coalitions
Global
Loyalty
Solutions
Corporate
AE margin
10.2%
AE margin
9.7%
Consolidated: (11.7)% growth; (11.7)% in c.c.(3) ;
Americas Coalitions: 12.9% in c.c.(3);
International Coalitions: (38.5)% in c.c.(3);
Global Loyalty Solutions: (70.0)% in c.c.(3)
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
16. FREE CASH FLOW IN LINE WITH SEASONAL PATTERNS*
16
(1) Excluding the $150.0 million payment related to the CIBC conveyance payment and related $22.5 million HST payment.
(2) Excluding the TD upfront contribution of $100.0 million and $22.5 million HST receipt related to the CIBC Conveyance payment received in the first quarter of 2014.
(3) Excluding the tax refund of $83.4 million received in the second quarter of 2014.
(4) Excluding the tax deposit of $20.7 million made in the third quarter of 2014.
(5) Excluding the tax refund of $7.5 million received in the fourth quarter of 2014.
(6) Excluding the tax refund of $20.4 million received in the first quarter of 2015.
(7) Excluding the tax deposit of $20.7 million received in the fourth quarter of 2015 and $4.5 million severance payments in relation to the organizational changes announced on August 14, 2015.
(8) Excluding the $6.9 million severance costs in relation to the organizational changes announced on August 14, 2015.
(9) Excluding the $4.9 million severance costs in relation to the organizational changes announced on August 14, 2015
$59.2
$49.1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
(2)
(3) (4)
(5)
(7)
(1)
Normalized Free Cash Flow before Dividends Paid
(in millions of Canadian dollars)
Lower Q2 FCF
reflective of lower
Gross Billings
(6) (8)
(9)
2013 2014 2015 2016
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
17. 42%
31%
5%
22%
Q2 2016 CAPITAL EXPENDITURES: AREAS OF FOCUS
17
GLS
Corporate
Q2 2016
$14.4
International
Coalitions
Americas
Coalitions
Investments for future
growth at Aeroplan including
1:1 personalization
capabilities
31% decrease vs 2015
mainly attributable to contact
centre and real estate
transformation initiatives
Investing in core products
including a significant
refresh of our ISS product
Ongoing investment
through platform
implementations
Global product
development and
enterprise-related
shared services
(in millions of Canadian dollars)
18. FINANCIAL POSITION AT JUNE 30, 2016
18
Cash + Restricted Cash + Investments c. $680
Reserves + Restricted Cash + Working Capital ($550) to ($580)
Available Cash c. $100 to $130
Revolving Credit Facility (undrawn)(1) $300
Total Long Term Debt (including current portion) $650
Total Preferred Shares $322.5
Available cash
greater than $100
million builds
capacity to repay
2017 debt
maturity
Adjusted Debt/AE
Leverage
continuing to
track below rating
agency BBB-
guidance ≤ 3.5x
(1) At June 30, 2016 Aimia has issued irrevocable letters of credit in the aggregate amount of $8.0 million that reduce the available credit under the revolving facility.
As of June 30, 2016
(in millions of Canadian dollars)
20. AEROPLAN GROSS BILLINGS
$316.1 $321.0
10.0
15.0
20.0
25.0
30.0
35.0
100.0
150.0
200.0
250.0
300.0
350.0
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016
MilesIssued
(billionmiles)
AeroplanGrossBillings
(millionCAD)
Aeroplan Gross Billings (million CAD)
Miles Issued - Financial Cards (billion) (RHS)
Miles Issued - Total (billion) (RHS)
Total Gross
Billings up $5
million;
Gross Billings
from financial
cards up $7
million or 3%
+4.1%
YoY
Growth
+7.4%
YoY
Growth
+2%(in millions of Canadian dollars)
20
21. 21
AEROPLAN FINANCIAL CARD TRENDS
TD and CIBC
financial cards
account for over
a quarter of
Consolidated
Gross Billings
One month average actives
(Aeroplan TD + CIBC credit cardholders)
2010 2011 2012 2013 2014 2015 2016
2010 to 2013 CAGR = 1%
2013-2016 CAGR = 3%
(1) 1 month average active card base a the end of June 2016 compared to the period ending December 2015
Active base up
4% YTD(1) as a
result of strong
card acquisitions
and lower
attrition
22. AEROPLAN REDEMPTION AND UNIT COST TRENDS
-1.3%
3.6%
-0.7%
2.1%
-3.6%
4.9%
1.06
1.05 1.05
1.02
1.04
1.01
0.96
0.98
1
1.02
1.04
1.06
1.08
1.1
-5.0%
-3.0%
-1.0%
1.0%
3.0%
5.0%
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016
Redemption YoY% and Cost Per Mile
Miles redeemed YoY % Cost per mile (cents/mile)
Favourable cost per mile trend
Unit cost
trending down;
higher
redemption
expenses driven
by miles
redeemed up
5%
22
24. BUILDING AEROPLAN GROWTH AROUND LONG TERM
CONTRACTS
Contracts
typically run
between 4 and 15
years, with two
top contracts
successfully
renewed since
2005
Relationships
with key partners
provide
opportunities for
growth and
increased mutual
benefits
CIBC (10 year)
Air Canada (15 year)
AMEX (4 year)
CIBC (10 year)
TD (10 year)
AMEX (>5 year)
2003 2014 2020
15%
10%
11%
8%
% of Consolidated
Gross Billings
FY 2015
44%
Total % of Gross Billings
FY 2015
24
25. 0.0
5.0
10.0
15.0
20.0
25.0
30.0
0.0
50.0
100.0
150.0
200.0
250.0
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016
International Coalitions Billings (million CAD)
Nectar Gross Billings (million CAD)
Nectar Issuance (billion points) (RHS)
(32.7)%
YoY
INTERNATIONAL COALITIONS GROSS BILLINGS
Variability in
Sainsbury’s
issuance
driving
fluctuations in
International
Coalitions
Billings
$174.2
$130.7
(in millions of Canadian dollars)
(25)%
25
26. H1 H2
TIMING OF 2016 SAINSBURY’S CAMPAIGNS
26
H1 2016 points
issuance impacted
by phasing of
campaigns and
program
accumulation
changes
Higher level of
bonusing in H2
2016 expected
ahead of
Christmas holiday
with 3 major
campaigns
scheduled
actual and forecast points issuance 2016actual points issuance 2015
FY 2016 points issuance expected to be 3% below 2015
27. GLOBAL LOYALTY SOLUTIONS GROSS BILLINGS
Expanding
footprint with
existing clients
and winning new
business on
Global Platforms
Included $4m
impact from
transition out of
UK reward
business with
bank client
$55.6
$51.8
0
10
20
30
40
50
60
70
80
Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016
(7)%
(in millions of Canadian dollars)
GrossBillings
27
29. 2016 GUIDANCE UPDATED FOR FX AND OPEX PROGRESS*
29
(1) Adjusted EBITDA for 2016 and Free Cash Flow before Dividends Paid for 2016 do not include the impact of severance expenses or payments relating to the organizational
changes announced on August 14, 2015 or any further actions related to restructuring or the potential disposal of non-core assets.
(2) The revised guidance includes approximately $25 million in reduced Gross Billings resulting from the disposals of the Cardlytics U.K. and Enhancement Services businesses.
The impact to Adjusted EBITDA and Free Cash Flow before Dividends Paid is included in our updated guidance for 2016.
2016
original
2016
updated
2016
original
2016
updated
165.
7(5)
2016
original
2016
updated
190 - 220Above
9%
Gross Billings Adjusted EBITDA Free Cash Flow before
Dividends Paid
Around
9.5%
190-210
2,300 -
2,350
75.0
2016
original
2016
updated
Capital Expenditures
70-80
Stable
75 - 85
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures. Please refer to Slide 3 for a
description of the assumptions made with respect to and risks related to the 2016 forecasts.
(in millions of Canadian dollars)
(1) (1)
(1) (1)
(1) (1) (1) (1)(2) (2) (2) (2)
32. Pure play marketing and loyalty analytics company in the data-driven
digital marketing space in established markets
Strong retail, financial and travel coalition brands reaching 39 million
consumers
Strong track record of cash generation underpinned by long term
contracts
Delivering returns to shareholders with a strong dividend payout
WHY INVEST IN AIMIA?
32
33. EXPECTED RETURNS TO SHAREHOLDERS IN 2016*
33
6.6%
12.2%
>2015
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20.0%
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
2014 2015 2016E*
(1) 2014 Free Cash Flow before Dividends Paid excluding $100.0 million upfront contribution from TD, but includes the $90.9 million refund related to prior year tax loss carry back, $22.5 million refund related to HST
on prior year payment to CIBC, offset by $20.7 million deposit made to Revenue Quebec.
(2) 2015 Free Cash Flow before Dividends Paid excluding the $4.5 million in severance payments made in relation to the organizational changes announced on August 14, 2015 but includes $41.1 million in tax
refunds received during 2015.
(3) Free Cash Flow before Dividends Paid per Common Share and is calculated as: (Free Cash Flow before common and preferred dividends paid, less preferred dividends and dividends to non-controlling interests
paid)/ weighted average common shares outstanding. Common shares outstanding at June 30th 2016 were 152.3 million, including share repurchases to February 2016, and was assumed as the share count for
the period ending December 31, 2016.
(4) Free Cash Flow Yield calculated as Free Cash Flow before Dividends Paid per Common Share divided by closing share price at December 31 of each year.
(5) Free Cash Flow payout ratio calculated as common dividends paid divided by Free Cash Flow before Dividends Paid.
0.96
(1)
1.15
(2)
Normalized FCF per Common Share(3)
before Dividends Paid and FCF Yield(4)
$0.72 $0.76 $0.80
75%
66% 64%
-10.0%
10.0%
30.0%
50.0%
70.0%
90.0%
110.0%
130.0%
150.0%
$0.50
$0.55
$0.60
$0.65
$0.70
$0.75
$0.80
$0.85
2014 2015 2016E*
Strong FCF
generation
underpins
significant FCF
yield and a
meaningful
dividend payout
Annual Dividend per Common Share
and Payout Ratio(5)
Shares
outstanding
reduced by 12%
since November
2014 through
$275 million
share buyback
>2015
(3) (3)
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures. Please refer to Slide 3 for a description of the assumptions made with respect to and risks related to the 2016 forecasts.
34. 34
1. Constant Currency (c.c.) excludes the translation effect of foreign operations on the consolidated results. For more information on Constant Currency, please refer to
Aimia’s August 11, 2016 earnings press release.
H1 2016 CONSOLIDATED GROSS BILLINGS*
(in millions of Canadian dollars)
$1,133.7
($8.3) ($57.0)
($2.3)
$1,200.5
2015 Reported 2016 Reported
Americas
Coalitions
International
Coalitions
Global
Loyalty
Solutions
Consolidated: (5.6)% growth; (6.9)% in c.c.(1)
Americas Coalitions: (1.8)% in c.c.(1;
International Coalitions: (18.5)% in c.c.(1)
Global Loyalty Solutions: (4.3)% in c.c. (1)
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures. Differences may result due to rounding or
inter-company eliminations.
35. H1 2016 CONSOLIDATED ADJUSTED EBITDA*
35
(1) Excludes the $45.7 million migration provision reversal.
(2) Constant Currency (c.c.) excludes the translation effect of foreign operations on the consolidated results. For more information on Constant Currency, please refer to
Aimia’s August 11, 2016 earnings press release.
(in millions of Canadian dollars)
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
$103.2
($9.9)
($5.3)
$2.4
$2.4
$113.6(1)
2015 Reported 2016 Reported
Americas
Coalitions International
Coalitions
Global
Loyalty
Solutions
Corporate
AE margin
9.5%
AE margin
9.1%
Consolidated: (9.2)% growth; (10.0)% in c.c.(2)
Americas Coalitions: 2.3% in c.c.(2);
International Coalitions: (27.2)% in c.c.(2)
Global Loyalty Solutions: n.m.
36. Q2 2016 ADJUSTED EBITDA TO FREE CASH FLOW
BRIDGE*
Q2 2015: $61.8(1) $40.5 $4.5 ($4.2) ($2.4) ($23.7) ($17.3) $59.2
(in millions of Canadian dollars)
36
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
$44.2
($2.4) ($14.4)
($15.6)
$19.0 $2.5 $0.5
$54.6
Adjusted
EBITDA
Change in
FRC
Stock-based
compensation
Cash
taxes
Net cash
interest paid
Capex Working
capital
and other
Free Cash
Flow
Non-cash items
81% Free cash flow conversion
(1) Excludes the $45.7 million migration provision reversal.
37. H1 2016 GROSS BILLINGS TO FREE CASH FLOW WALK*
37
37
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
(in millions of Canadian dollars) H1 2016 H1 2015
Gross Billings $1,133.7 $1,200.5
Less: Cost of rewards and direct costs ($700.8) ($777.1)
Less: Operating expenses (excluding share-based
compensation and impairment charges)
($322.7) ($317.4)(1)
Add: Distributions from equity-accounted investments $13.0 $10.0
Less: Income taxes (paid)/received, net ($2.7) $14.3
Less: Net cash interest paid ($12.7) ($11.8)
Less: Capital expenditures ($33.9) ($44.2)
Less: Changes in operating assets and liabilities and other ($48.6) ($9.9)(1)
Free Cash Flow before Dividends Paid $25.3 $64.4
(1) Excludes the $45.7 million migration provision reversal.
38. 15.3%
20.2%
19.9%
11.5%
13.6%
19.5%
GROSS BILLINGS FROM SALE OF LOYALTY UNITS BY
MAJOR PARTNER*
38
16.0%
14.3%
24.4%
12.4%
14.5%
18.4%
AMEX
CIBC
TD
Air
Canada
Other
CIBC
Sainsbury’s
Air Canada
Other
Q2 2015
$458.3M
Q2 2016
$419.1M
Sainsbury’s
AMEX TD
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
39. 14.9%
20.8%
19.1%
11.5%
14.0%
19.7%
GROSS BILLINGS FROM SALE OF LOYALTY UNITS BY
MAJOR PARTNER*
39
15.4%
18.1%
22.0%
12.2%
14.4%
17.9%
AMEX
CIBC
TD
Air
Canada
Other
CIBC
Sainsbury’s
Air Canada
Other
H1 2015
$903.5M
H1 2016
$844.3M
Sainsbury’s
AMEX TD
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
40. Q2 2016 FINANCIAL HIGHLIGHTS – AMERICAS
COALITIONS*
40(1) Before depreciation and amortization.
(2) Excludes the favourable impact of $45.7 million resulting from the reduction of the Card Migration Provision during the three months ended June 30, 2015.
n.m. means not meaningful.
Three Months Ended June 30,
(in millions of Canadian dollars) 2016 2015
Reported Reported %
Gross Billings
Aeroplan 321.0 316.1 1.6%
Loyalty Services & Other 76.6 80.6 -5.0%
Intercompany eliminations (19.3) (20.7) n.m.
378.3 376.0 0.6%
Total revenue
Aeroplan 295.6 278.9 6.0%
Loyalty Services & Other 78.1 84.4 -7.5%
Intercompany eliminations (19.3) (20.7) n.m.
354.4 342.6 3.4%
Gross margin(1)
Aeroplan 93.7 77.9 20.3%
Loyalty Services & Other 37.7 41.0 -8.0%
Intercompany eliminations 0.0 (0.2) n.m.
131.4 118.7 10.7%
Adjusted EBITDA
Adjusted EBITDA margin 16.2% 26.6%
Adjusted EBITDA margin(2) 16.2% 14.5%
Aeroplan 58.9 103.8 -43.3%
Loyalty Services & Other 2.5 -3.7 n.m.
61.4 100.1 -38.7%
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
41. H1 2016 FINANCIAL HIGHLIGHTS – AMERICAS
COALITIONS*
41
(1) Before depreciation and amortization.
(2) Excludes the favourable impact of $45.7 million resulting from the reduction of the Card Migration Provision during the three months ended June 30, 2015.
n.m. means not meaningful.
Six Months Ended June 30,
(in millions of Canadian dollars) 2016 2015
Reported Reported %
Gross Billings
Aeroplan 615.1 611.9 0.5%
Loyalty Services & Other 156.2 168.2 -7.1%
Intercompany eliminations (41.7) (42.2) n.m.
729.6 737.9 -1.1%
Total revenue
Aeroplan 605.1 594.7 1.7%
Loyalty Services & Other 158.7 173.8 -8.7%
Intercompany eliminations (41.7) (42.2) n.m.
722.1 726.3 -0.6%
Gross margin(1)
Aeroplan 185.1 162.4 14.0%
Loyalty Services & Other 75.4 82.1 -8.2%
Intercompany eliminations (0.1) (0.4) n.m.
260.4 244.1 6.7%
Adjusted EBITDA
Adjusted EBITDA margin 15.1% 20.8%
Adjusted EBITDA margin(2) 15.1% 14.6%
Aeroplan 107.7 156.7 -31.3%
Loyalty Services & Other 2.4 -3.3 n.m.
110.1 153.4 -28.2%
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
42. AEROPLAN REVENUE
42
(in millions of Canadian
dollars)
Q2 2016 Q2 2015
Miles Revenue 255.1 239.2
Breakage Revenue 31.5 29.5
Other Revenue 9.0 10.2
Total Revenue 295.6 278.9
43. BENEFITS TO AIR CANADA
• Since 2009,
Gross Billings
from our financial
card partnerships
have grown four
times faster than
those from our
travel partnerships
• About 30% of
flights are Market
Fare Flight
Reward tickets,
translating into
incremental cash
flow to Air
Canada
43
• Gross Billings
from financial
cards not
associated with
frequent flyers
are five times
those of
frequent flyers
4x 5x $180M
44. BALANCE SHEET
44
CASH & INVESTMENTS
$ millions
Jun
30, 2016
Cash and cash equivalents 352
Restricted cash 20
Short-term investments 41
Long-term investments in bonds 267
Cash and Investments c. 680
Aeroplan reserves (300)
Other loyalty programs reserves (146)
Restricted cash (20)
Working capital requirements
Between
(80) and
(110)
Surplus Cash
c. Between
100 and 130
DEBT
$ millions
Interest
Rate Maturing
Jun
30, 2016
Revolving Facility(1) Apr. 23, 2020 -
Senior Secured Notes 3 6.95% Jan. 26, 2017 200.0
Senior Secured Notes 5 4.35% Jan. 22, 2018 200.0
Senior Secured Notes 4 5.60% May 17, 2019 250.0
Total Long-Term Debt 650.0
Less Current Portion (200.0)
Long-Term Debt 450.0
(1) As of June 30, 2016, Aimia held a $300.0 million revolving credit facility maturing on April 23, 2020. Interest rates on this facility are tied to the Corporation’s credit ratings and range
between Canadian prime rate plus 0.20% to 1.50% and Bankers’ Acceptance and LIBOR rates plus 1.20% to 2.50%. As of June 30, 2016, Aimia also had irrevocable outstanding
letters of credit in the aggregate amount of $8.0 million which reduces the available credit under this facility.
(2) Annual dividend rate is subject to a rate reset on March 31, 2020 and every 5 years thereafter.
(3) Annual dividend rate is based on the 90-day Government of Canada Treasury Bill yield + 3.75%.
(4) Annual dividend rate is subject to a rate reset on March 31, 2019 and every 5 years thereafter.
PREFERRED SHARES
$ millions
Interest
Rate Maturing
Jun
30, 2016
Preferred Shares (Series 1) 4.50%(2) Perpetual 98.8
Preferred Shares (Series 2) Floating(3) Perpetual 73.7
Preferred Shares (Series 3) 6.25%(4) Perpetual 150.0
Total Preferred Shares 322.5
45. FOREIGN EXCHANGE RATES
45
Q2 2016 Q2 2015 % Change
Average
quarter
Average
YTD
Period
end rate
Average
quarter
Average
YTD
Period
end rate
Average
quarter
Average
YTD
Period
end rate
£ to $ 1.8500 1.9096 1.7419 1.8823 1.8794 1.9417 -1.7% 1.6% -10.3%
AED to $ 0.3508 0.3624 0.3540 0.3347 0.3359 0.3363 4.8% 7.9% 5.3%
USD to $ 1.2889 1.3315 1.3005 1.2297 1.2340 1.2354 4.8% 7.9% 5.3%
€ to $ 1.4558 1.4851 1.4412 1.3596 1.3777 1.3706 7.1% 7.8% 5.2%
46. NEW DIVISIONAL DISCLOSURE COMPARABLE*
(in millions of Canadian dollars)
Operating Segments
Gross Billings from the sale of Loyalty
Units 1,201.3 631.4 - - - 1,832.7
Gross Billings from Loyalty Services and
Other 305.1 94.0 239.3 - (2.1) 636.3
Total Gross Billings 1,506.4 725.4 239.3 - (2.1) 2,469.0
Revenue from Loyalty Units 1,112.9 704.0 - - - 1,816.9
Revenue from Loyalty Services and Other
309.5 93.8 240.4 - - 643.7
Intercompany revenue - 0.6 1.5 - (2.1) -
Total revenue 1,422.4 798.4 241.9 - (2.1) 2,460.6
Cost of rew ards and direct costs 921.4 541.9 139.6 - (1.0) 1,601.9
Depreciation and amortization 159.0 15.6 7.0 12.8 - 194.4
Gross margin 342.0 240.9 95.3 (12.8) (1.1) 664.3
Operating expenses before share-based
compensation and impairment charges
292.3 162.9 95.3 96.6 (1.1) 646.0
Share-based compensation - - - 6.0 - 6.0
Impairment charges 13.5 - - - - 13.5
Total operating expenses 305.8 162.9 95.3 102.6 (1.1) 665.5
Operating income (loss) 36.2 78.0 - (115.4) - (1.2)
Adjusted EBITDA 274.5 59.9 4.4 (75.4) - 263.4
Included in Adjusted EBITDA:
Change in Future Redemption Costs (18.2) 35.4 - - - 17.2
Distributions from equity-accounted
investments - 3.9 - 27.2 - 31.1
Consolidated
Americas
Coalitions
International
Coalitions
Global
Loyalty
Solutions
Corporate Eliminations
Year ended December 31, 2015
46
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.
47. GAAP TO NON-GAAP RECONCILIATION
47
Three months
ended June 30,
Six months
ended June 30,
Variance %
(in millions of Canadian dollars, except per share
information)
2016 2015 2016 2015 Q2 YTD
Operating income (loss) -17.1 23.3 -26 49.5 ** **
Depreciation and amortization 15.2 13.1 28.1 25.4 16 10.6
Amortization of Accumulation Partners' contracts, customer
relationships and technology
32.5 33.2 65.3 66.5 -2.1 -1.8
Operating income excluding depreciation, amortization and
impairment charges
30.6 69.6 67.4 141.4 -56 -52.3
Adjustments:
Change in deferred revenue
Gross Billings 560.7 605.3 1,133.7 1,200.5
Total revenue -525.4 -536.9 -1,095.5 -1,197.0
Change in Future Redemption Costs -19.0 -40.5 -15.4 4.4
Distributions from equity-accounted investments 7.7 10.0 13.0 10.0
Subtotal of Adjustments 24.0 37.9 35.8 17.9
Adjusted EBITDA 54.6 107.5 103.2 159.3 -49.2 -35.2
Adjusted EBITDA as a % of total Gross Billings 9.7% 17.8% 9.1% 13.3% (8.1) pp (4.2) pp
Cash from operating activities 58.6 82.9 59.2 108.6
Capital expenditures -14.4 -23.7 -33.9 -44.2
Free Cash Flow before Dividends Paid 44.2 59.2 25.3 64.4 -25.3 -60.7
Free Cash Flow before Dividends Paid per common share 0.26 0.32 0.11 0.32
Dividends paid to equity holders of the Corporation -34.6 -35 -67.8 -70.7
Dividends paid to non-controlling interests - -2.1 - -2.1
Free Cash Flow 9.6 22.1 -42.5 -8.4 -56.6 **
Operating expenses before share-based compensation 161 116.4 322.7 271.7
Share-based compensation 2.5 4.5 4.6 6.8
Total operating expenses 163.5 120.9 327.3 278.5
** not meaningful.
48. ACCOUNTING: KEY THINGS TO REMEMBER*
Gross Billings from the sale of Loyalty Units:
Recognize upon issuance of Loyalty Units
Key indicator of top line growth
Liabilities Recognition:
Deferred revenue on the Balance Sheet represents the
accumulated unredeemed Loyalty Units valued at their
weighted average selling price and unrecognized breakage
As part of external disclosure, the total estimated
consolidated future redemption cost liability of unredeemed
Loyalty Units is disclosed in the MD&A under the
Redemption Reserves section and is calculated at the
current average cost of rewards per Loyalty Unit redeemed
48
Revenue Recognition:
Recognize upon redemption of Loyalty Units
Breakage Recognition:
Recognize upon redemption of Loyalty Units
Cost of Rewards Recognition:
Recognize upon redemption of Loyalty Units
Adjusted EBITDA:
Key indicator of operating profit performance
Free Cash Flow:
Key indicator of cash generation
48
*This slide contains non-GAAP financial measures. Please refer to slide 4 for a detailed description of such non-GAAP financial measures.