{
  "docId": "019de074-fc60-70be-974b-f94865164206",
  "docSlug": "2b6577cef8fe73a045ff353634f97837",
  "documentTitle": "ModivCare | Investor Conference Presentation Deck | 15 slides",
  "authorId": "modivcare",
  "authorName": "ModivCare",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 8,
  "pageCount": 15,
  "prevPage": 7,
  "nextPage": 9,
  "slideType": "kpi_overview",
  "function": "analyze_data",
  "density": "overcrowded",
  "nDataPoints": 12,
  "notes": "Includes specific debt figures and forward-looking cash flow commentary.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de074-fc60-70be-974b-f94865164206/8",
  "deckHref": "/decks/019de074-fc60-70be-974b-f94865164206",
  "deckJsonHref": "/decks/019de074-fc60-70be-974b-f94865164206.json",
  "deckAnchorHref": "/decks/019de074-fc60-70be-974b-f94865164206#slide-8",
  "components": [
    {
      "bbox": {
        "h": 0.07,
        "w": 0.44,
        "x": 0.06,
        "y": 0.81
      },
      "kind": "callout",
      "text": "Committed to de-leveraging to net target of 3x over time",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6e20896d-0575-4487-ae7b-37c54f5c804f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.4,
        "x": 0.55,
        "y": 0.76
      },
      "kind": "callout",
      "text": "Expect FCF generation in 2023 driven by core operations and 2H23 improvement in Contract Payables / Receivables",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b9d5d109-b6b7-4187-ae7c-292d4933a8b8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.06,
        "y": 0.885
      },
      "kind": "disclaimer",
      "text": "Note: See Appendix for presentation of Non-GAAP to GAAP reconciliation. (1) Leverage based on Consolidated Pro Forma Adj. EBITDA of $222.5 million plus actioned cost savings and synergies, net of future investments of $14.3 million",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0576a975-f6a6-4ce7-a2d9-becf7b7572a4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.44,
        "x": 0.06,
        "y": 0.56
      },
      "kind": "list",
      "text": "Attractive Debt Structure and Deleveraging Opportunities",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "386d0247-7f6e-4b79-a3bb-78a78e0878b4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.55,
        "w": 0.4,
        "x": 0.55,
        "y": 0.185
      },
      "kind": "list",
      "text": "Cash Flow Considerations: Contract Payables/Receivables, Restructuring Costs, Core Working Capital, Other Items",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b13579e3-f741-4d86-acc9-9972faa5aeb1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.44,
        "x": 0.06,
        "y": 0.185
      },
      "kind": "table",
      "text": "Balance Sheet table showing Cash, Debt, and Leverage Metrics",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4868c5f8-3190-4a07-a20a-225c68772fb4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.08
      },
      "kind": "title",
      "text": "Strategic Initiatives To Drive De-leveraging and Cash Flow",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eaeefd14-4f82-42c9-b453-7a95a90dd02e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 8,
      "from": 6,
      "beatId": "a7706b5d-ebd1-49de-9c75-06d77a8c125c",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Business Model",
      "beatSlug": "sequoia-pitch-business-model",
      "evidence": "Slides 6-8 discuss ModivCare's business model and strategic initiatives.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 10,
      "from": 8,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "abb0e71b-eafd-4d79-bc3e-8711be851938",
      "evidence": "Slide 8 discusses strategic initiatives to drive de-leveraging and cash flow, and slide 10 provides 2023 consolidated outlook.",
      "position": 0,
      "objective": "Highlight the importance of ModivCare's strategic initiatives",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}