Geodrill (GEO) World Outlook Financial presentation summary

Business strengths and positioning

• Over 25 years of mineral exploration drilling experience with a high-performance, multi-purpose rig fleet attracting top-tier mining clients.

• Founder-led organization with strong investor alignment and a solid, cash-generating business model.

• Geographic diversification and skilled teams operating in growth markets and jurisdictions.

• Long-term contracts with world-class mining projects provide recurring revenue and revenue visibility.

• Trades at discounted multiples, offering significant upside potential and under-the-radar value.

Market opportunity and demand drivers

• Diminishing mineral reserves and high commodity prices are driving increased exploration and drilling demand.

• Elevated prices for gold, copper, and other minerals make exploration more financially attractive.

• The company is positioned to benefit from the commodity upcycle, essential to the mining supply chain.

Financial performance and outlook

• Q3 revenue up 13% year-over-year, EBITDA up 22%, and EPS increased to $0.06.

• Year-to-date revenue up 10% year-over-year, EBITDA up 23%, and EPS up to $0.21.

• FY25 consensus projects continued growth, with trading at 2.9x EV/EBITDA, below industry peers.