Carriage Services, Inc. · NYSE:CSV
Carriage Services — Investor Presentation (July 2024)
10 slides from Carriage Services's investor presentation, July 2024
Slide 1: Investor Presentation Update
J U LY 2 0 2 4 Investor Presentation Update A L L R I G H T S R E S E R V E D
Slide 2: Notice to Investors
Notice to Investors Certain statements made herein or else whereby, or on behalf of, the Company that are not historical facts are intended to be forward‐looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
Slide 3: Q1 2024 At A Glance
Q1 2024 At A Glance Q1 2024 Company Overview YTD Q1 Financial Highlights • Ticker: CSV (NYSE) $ in mm, unless per share amounts Q1 2024 Q1 2023 • Market cap: ~$391 mm(1) Total Revenue $103.5 $95.5 NYSE listed • One of three publicly traded funeral and cemetery services and merchandise companies in t
Slide 4: Long-Term Growth Profile
Long-Term Growth Profile Total Revenue & Adjusted Consolidated EBITDA Margin(1) Adjusted Diluted EPS(1) $40 0 $383 $385 $3.02 $39 5 $39 0 $38 5 $38 0 $376 $370 39% $37 5 $37 0 $36 5 $36 0 $2.61 $35 5 $329 $35 0 $34 5 $34 0 $33 5 $33 0 $32 5 $32 0 $31 5 $31 0 $30 5 $30 0 $2.19 $2.25 $274 $29 5 $29 0
Slide 5: Appendix
Appendix A L L R I G H T S R E S E R V E D D E P A R T M E N T 5
Slide 6: 2024 Outlook
Appendix: 2024 Outlook Full Year 2024 Outlook $ in mm, unless per share amounts 2024 Outlook Total Revenue $380 - $390 Adjusted Consolidated EBITDA $112 - $118 Adjusted Diluted EPS $2.20 - $2.30 Adjusted Free Cash Flow $55 - $65 A L L R I G H T S R E S E R V E D 6
Slide 7: Reconciliation of Non-GAAP measures
Appendix: Reconciliation of Non-GAAP measures Operating Income to Adjusted Consolidated EBITDA GAAP Diluted Earnings per Share to Adjusted and Adjusted Consolidated EBITDA Margin Diluted Earnings per Share $ in thousands $ in thousands Q1 2024 Q1 2023 Q1 2024 Q1 2023 Operating income $ 19,477 $ 20,6
Slide 8: Reconciliation of Non-GAAP measures
Appendix: Reconciliation of Non-GAAP measures Cash Provided by Operating Activities to Components of Total Field EBITDA(1) Adjusted Free Cash Flow $ in thousands $ in thousands Q1 2024 Q1 2023 Q1 2024 Q1 2023 Funeral field EBITDA $ 27,527 $ 26,327 Cash provided by operating activities $ 19,703 $ 25,
Slide 9: Reconciliation of Non-GAAP measures
Appendix: Reconciliation of Non-GAAP measures Funeral and Cemetery Operating Income to Funeral and Cemetery Field EBITDA(1) $ in thousands Q1 2024 Q1 2023 Q1 2024 Q1 2023 Funeral operating income $ 23,074 $ 22,192 Cemetery Operating Income $ 12,642 $ 8,613 Depreciation & amortization 2,968 2,918 Dep
Slide 10: Reconciliation of Non-GAAP measures
Appendix: Reconciliation of Non-GAAP measures Operating Reconciliation of Operating income Income to Consolidated to Adjusted EBITDA, Consolidated Adjusted consolidated EBITDAEBITDA and (in thousands Adjusted ) and Consolidated Adjusted consolidated margin Margin(1) EBITDA EBITDA $ in thousands 2014
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