Echo Global Logistics : February 2021 Investor Presentation

Adjusted gross profit (formerly "net revenue") is a non-GAAP financial measure calculated as revenue less transportation costs.

Adjusted EBITDA refers to EBITDA excluding the effects of changes in contingent consideration, acquisition related transaction costs, Term Loan B commitment fees, non-

recurring settlement costs, loss related to Shipper Direct acquisition, stock compensation expense and other expense

• Liquidity Metrics at December 31, 2020 Cash Balance: $41.3M Outstanding ABL Balance: $135M Excess ABL Availability: $194.9M
  Total Available Liquidity: $236.2M
• Summary of ABL Credit Facility (1)
• • Maximum loan amount: $350M
  • Collateral: 85% advance rate on eligible AR
  • AR availability at December 31, 2020: $329.9M
  • Interest Rate: LIBOR + 150 bps or LIBOR + 125bps if borrowing less than 50% of availability
  • Maturity date: October 23, 2023
  • Fixed Charge Coverage Ratio of at least 1.0
  1. For a copy of the full credit agreement, please reference: https://echogloballogisticsinc.gcs-web.com/financial-information/sec-filings

  2021 Guidance (1)

  • Non-GAAP Tax Rate: 24.5% - 25.5%

  Excluded for Non-GAAP:

  • Non-GAAP Tax Rate: 24.5% - 25.5%
  • Capital Expenditures: $25M - $27M

  Excluded for Non-GAAP:

  First Quarter 2021 Trends (2)

  • January per business day revenue up 37%
  • January per business day TL shipments up 15%
  • January adjusted gross profit margin approximately 15.9%
  1. 2020 Guidance reflects guidance given during the earnings call on February 3, 2021
  2. January trends are representative of the first 20 business days of the month

  Historical Financial Information

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  Disclaimer

  Echo Global Logistics Inc. published this content on 03 February 2021 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 04 February 2021 21:45:01 UTC.

  © Publicnow - 2021

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  Chart Echo Global Logistics, Inc.

  Company Profile

  Echo Global Logistics, Inc. is a provider of technology-enabled transportation and supply chain management solutions. The Company utilize a technology platform to compile and analyze data from multi-modal network of transportation providers to satisfy the transportation and logistics needs of its clients. The Company focuses primarily on arranging transportation with truckload (TL) and less than truckload (LTL) carriers. It also offers intermodal (which involves moving a shipment by rail and truck), small parcel, domestic air, expedited and international transportation services. The Company's core logistics services, primarily brokerage and transportation management services, include carrier selection, dispatch, load management and tracking. The Company provides transportation and logistics services for clients across a wide range of industries, including manufacturing, construction, food and beverage, consumer products and retail.