ATS Business Model and Strategic M&A Impact
Strong Track Record of Revenue Growth and Margin
Expansion, with Low Capex Requirements
Revenues (C$ mm)
Order Bookings (C$ mm)
14
$2,577
18.2% CAGR
$2,183
$1,430 $1,430
$1,254
$1,115
2018
2019
2020
2021
$137
$3,256
22.5% CAGR
$2,456
اس
$1,626
$1,408
$1,468
$1,182
2022
2023
2018
2019
2020
Adj. EBITDA 1,2,3 (C$ mm)
Adj. EBITDA % Margin
23.9% CAGR
$401
$360
$193
$208
$163
16.5%
15.6%
14.5%
13.4%
13.0%
12.3%
2018
2019
2020
2021
2022
2023
Net Income
$47.2
$70.8
$52.9
$64.1
$121.4
$127.7
2021
Capex4 (C$ mm)
$57
$41
$26
2018
2019
2020
$32
2021
2022
2023
$53
2022
$80
2023
6
2
Please see "Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures. Adjusted EBITDA is adjusted for items excluded from management's internal analysis of operating results. 3 The composition of certain non-
IFRS measures has been revised to exclude the impact of stock-based compensation expense caused by mark-to-market impacts from changes in the Company's share price. 4 Includes capex and acquisition of intangibles.
Strong execution and focus on attractive marketsView entire presentation