Mader Group Restricted (OTCPK:MADGF) Q2 2025 Outcomes Convention Name February 24, 2025 7:00 PM ET
Firm Members
Justin Nuich – Chief Government Officer
Paul Hegarty – Chief Monetary Officer
Justin Nuich
Thanks very a lot, Jester, and good morning, everybody, and welcome to Mader Group’s half 12 months outcomes for FY ’25 first half. With me at this time is our Chief Monetary Officer, Paul Hegarty. With the primary half of FY ’25 accomplished, we’re proud to have delivered one other document half 12 months income of $411.5 million, a rise of 10% versus the PCP. Regardless of some challenges, which I will discuss a little bit afterward, the important thing highlights for this end result at this time are: a continued internet headcount development of roughly 300 during the last 6 months; a document income end result with secure margins; a return to internet headcount development in North America, particularly, the place we closed the half 12 months out at a document headcount of 530 personnel; wonderful money circulate conversion with a transparent pathway to a internet money place within the subsequent 12 months; and a really vibrant outlook for the second half and past. So with that mentioned, let’s leap into it.
For many who are unfamiliar with our journey, Mader was based again in 2005 by our Government Chairman, Luke Mader, figuring out an underserviced area of interest within the trade. Luke began offering versatile upkeep options to prospects with not more than a single [indiscernible], or truck for our North American shareholders on the decision, some instruments and a imaginative and prescient. 20 years on, that imaginative and prescient has come to life. At present, Mader is a diversified international enterprise, delivering technical companies throughout a number of industries, throughout 9 totally different international locations, backed by a world crew of three,500-plus folks with various talent units. Within the half, we’re proudly supported by over 400 prospects engaged on greater than 540 places throughout the globe.
