Lgl Group, Inc. (the) · AMEX:LGL
Lgl Group, Inc. (the) — The LGL Group — Investor Presentation (May 2023)
14 slides from Lgl Group, Inc. (the)'s investor presentation, May 3, 2023
Slide 1: Investor Update Webinar
The LGL Group, Inc. (NYSE MKT: LGL) Investor Update Webinar May 3, 2023
Slide 2: Safe Harbor Statement
Safe Harbor Statement Information included or incorporated by reference in this presentation may contain forward-looking statements. This information may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially d
Slide 3: Corporate Snapshot: Agenda and Presenters
Corporate Snapshot Laying the foundation for profitable growth Agenda ! Review of the Company ! Preview of the Forward Template Presenters ! Marc Gabelli Chairman and CEO ! Tim Foufas Director and Incoming CEO ! Patrick Huvane EVP Finance ! James Tivy Chief Accounting Officer 3
Slide 4: Corporate Snapshot
Corporate Snapshot LGL Group is a NYSE Publicly traded corporation ! Formed in 1917 ! IPO in 1946 ! Long History of Investments and Reorganizations as an investor in and developer of companies in various industries including financial services, industrial manufacturing, transportation, & communicati
Slide 5: Building Momentum with Strategic Initiatives
Corporate Snapshot Building Momentum with Strategic Initiatives Overview - 2022 Year End ! Operating Flexibility ! Net cash position, no debt, profitable, new business initiatives ! Strong Operating Platform: PTF YoY Revenue 14.5% growth ! Major contract win from Leonardo-DRS for new Aircraft Carrie
Slide 6: Long Term Value Drivers
Long Term Value Drivers Why LGL Group? ! Value Creation Heritage ! History of making disciplined, strategic acquisitions, capital expansions and partnerships ! Since 1985, acquired 32 businesses, sold 11, and spun off 3 Operating SPV’s Business New Mergers and Initiatives Acquisitions Strong Network
Slide 7: Strategic Plan
Strategic Plan ! Broaden Business Franchise " Expand PTF engineering excellence within time and frequency market • Seek to leverage core strength as engineering leader to expand client access and add new capabilities and continue to deepen product offerings • Employ organic R&D, strategic partnershi
Slide 8: Strategic Plan
Strategic Plan ! Direct M&A, Lift-Outs and Tuck-Ins " Undervalued companies in Graham & Dodd tradition " Tuck-in opportunities for portfolio companies including PTF expansion " Assemble talented management teams, make strategic follow-on acquisition & raise expansion capital " Deal Criteria: • EBITD
Slide 9: Portfolio Subsidiary
Portfolio Subsidiary • Founded in 2002, Acquired in 2016 • 3,000 sqft manufacturing facility, Wakefield, MA • Designs, manufactures, and markets time and frequency instruments • Serves computer networking, satellite ground stations, electric utilities, broadcasting, telecommunication systems, and me
Slide 10: Financials: Condensed Balance Sheet
10 Condensed Balance Sheet (in 000s) ASSETS: Cash and Cash Equivalents Marketable Securities Other Assets Assets of Discontinued Operations LIABILITIES: Accounts Payable Accrued Expenses and Other Payables Other Liabilities Liabilities of Discontinued Operations Stockholders' Equity Total Assets Tot
Slide 11: Financials: Condensed Income Statement
a Financials Condensed Income Statement Audited Audited (in 000s) 2022 2021 REVENUES Operating Revenues $ 1,655 $ 1,446 Net Investment Income 194 aI Realized and unrealized gains and loss on marketable securities and investment in unconsolidated subsidiary (4,528) (1) 19,542 (1) Total Revenues $ (2,
Slide 12: Summary
Corporate Snapshot Summary ! NYSE Listed Micro Cap Pure Play ! Long History of Value Building Operating Investments ! Positioned for Expansion ! PTF Time and Frequency Instrumentation Platform 12
Slide 13: Questions
Thank You Questions Please see full disclosures. All points in discussions are estimates. 13
Slide 14: Contact Information
Contact Information Visit us: www.lglgroup.com Contact us: Investor Relations e-mail: info@LGLGroup.com Voice: (407) 298-2000 14