Investor Presentation November 2023
Strong Record of Long-Term Growth
Revenue
2019-2023E CAGR(1): 25% and excluding CTEH 22%
($ in Millions, Dec FYE)
~$615(3)
$546
$544
$114
$232
$328
$234
$82
$431
$315
$234
$246
2019
2020
2021
2022
MEG Excluding CTEH
CTEH
Consolidated Adjusted EBITDA (2)
2019-2023E CAGR: 27%
($ in Millions, Dec FYE)
$30
~$78(3)
$73
$66
$52
2023E
2019
2020
2021
2022
2023E
Strong record of long term growth poised to continue
1) Excludes discontinued service lines, which generated revenues of $17.1 million in 2020, $12.1 million in 2021, and $3.6 million in 2022.
2) Consolidated Adjusted EBITDA is a non-GAAP measure. See the appendix to this presentation for a discussion of this measure, including how it is calculated and the reasons why we believe it provides useful information to investors, and a reconciliation for historical
periods to the most directly comparable GAAP measure.
3) Represents midpoint of 2023E outlook range for Revenue and Consolidated Adjusted Adj. EBITDA of $590-$640 million and $75-$81 million, respectively.
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