5/15/2024

speaker
Shannon
Call Moderator/Operator

Good day, and thank you for standing by. Welcome to the CALIAN group fourth quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Jennifer McCaughey, Director of Investor Relations. Please go ahead.

speaker
Jennifer McCaughey
Director of Investor Relations

Thank you, Shannon, and good morning, everyone. Thank you for joining us for Calum's Q4 and Fiscal Year 2023 Conference Call. Presenting this morning are Kevin Ford, Chief Executive Officer, and Patrick Houston, Chief Financial Officer. As noted on slide two, please be advised that certain information discussed today is forward-looking and subject to important risks and uncertainties. The results predicted in these statements may be materially different from actual results. As a reminder, all amounts are expressed in Canadian dollars except as otherwise specified. With that, let me turn the call over to Kevin.

speaker
Kevin Ford
Chief Executive Officer

Thank you, Jennifer. Good morning, everybody. I'm going to start this morning by providing a few and fiscal year highlights clearly after our q3 results it was all hands on deck we issued a call to action to all of our four business and corporate services and everyone took this very seriously i'm proud to say that this team delivered and today we are reporting record results in q4 this demonstrates the resilience of our business and the power of our four piston engine Notable highlights in Q4 include the completion of the acquisition of Hawaii Pacific Teleport, the launch of our digital health portfolio, the opening of a wholly owned subsidiary in Belgium, the signing of important contracts with NDA and Shared Services Canada, as well as our second SaaS customer for Nexi, our digital health platform. We also closed a $255 million debt agreement and launched an NCIB program. This strong finish in Q4 led to another record year for Kalyan. We've made great progress towards our goal of reaching $1 billion in revenues and our one Kalyan strategic plan. This performance was the product of multiple initiatives, but above all, it came from our entire team working as one, bringing their commitment and talent to work every day. Subsequent to year end, we made two important announcements. First, we appointed Michael Trombley as President ITCS, who will join the team on December 1st. I am thrilled to welcome Mike to the Kalyan family. With his vast experience across Ottawa and North America, he will be instrumental in driving results and growth. He is a seasoned, empathetic, and deliberate leader, giving his experience at large multinational corporations, his alignment to our people first culture, Coupled with a startup and innovation experience at Invest Ottawa, I know he's the right fit to move our ITCS business in collaboration with our seasoned management team to the next level. Second, we announced that we entered into a definitive purchase agreement to acquire Decisive Group, a leader in IT infrastructure and cybersecurity services business in the Ontario region. The addition of Decisive complements and rounds out our current ITCS portfolio in North America. Their addition means we now have a strong base of managed services, enterprise infrastructure, and on-demand resources in both Canada and the United States. Our footprint in Ottawa, Toronto, Houston, Dallas, Minneapolis, and Tampa will allow us to serve a broad set of customers in both the commercial and government markets as we continue our journey to establish Callion as a North American leader in IT. I'm pleased to report that we received approval from the Competition Bureau this week and that we're expecting to close this transaction on December 1st. Now, I will turn over to Patrick to discuss consolidated results and guidance for fiscal 24.

Disclaimer

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Investor presentation