3/10/2022

speaker
Ariel
Conference Call Operator

Welcome to Dextera Group's fourth quarter results conference call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there'll be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star and zero. I would now like to turn the conference over to Drew Knight, Chief Financial Officer. Please go ahead.

speaker
Drew Knight
Chief Financial Officer

Thank you, Ariel, and good morning. My name is Drew Knight, and I am the Chief Financial Officer of Dextera Group, Inc. With me today on the call are John McCush, CEO and President, Facilities Management, and our Board Chair, Bill McFarland, who will provide some brief introductory comments. The format of this conference call will be the same as our past calls. After a brief presentation, we will take questions, with the call ending by 9.15 Eastern Time. We will be commenting on our Q4 2021 results with the assumption that you have read the Q4 earnings release. The annual 2021 MD&A and financial statements were also made public last night and are available on our website and on CDAR. The slide presentation, which supports today's comments, is also posted on our website and we encourage participants to access the slides and follow along with our presentation. Before we begin, I would like to make some comments about forward-looking information. In yesterday's news release and on slide two of the presentation that we have posted on our website, you will find cautionary notes in that regard. While I won't read the content of the cautionary notes in their entirety, we do claim their protection for any forward-looking information that we might disclose on this conference call today. I will now turn it over to Bill McFarland for his introductory comments.

speaker
Bill McFarland
Board Chair

Good morning and thank you for taking the time to be with us today. The management team and board are pleased with our finish to 2021 and are looking positively to the future. We are particularly pleased with our two recent IFM acquisitions. More breadth of capabilities, new end markets, and more scale to operations. These acquisitions make our goal of having $1 billion in revenue and $100 million in EBITDA within reach in the near term. Our mix of business is also changing. A larger facilities management footprint and a larger services business component in WAFS, which means more long-term contracts and stability of earnings. John and the management team are successfully building the new Dextera and brand by working collaboratively with our customers and employees to create a support services champion with values based on trust, respecting diversity of thought and ideas, understanding the importance of working with others, and in holding ourselves accountable. Our actions have positively impacted shareholder value, and our goal is to continue to pay an attractive dividend coupled with ongoing share appreciation. Today on our website, we also released our second annual sustainability report, which highlights our environmental and social initiatives, including the support we give to the communities where we work. John, over to you to discuss in more detail our Q4 results and progress.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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