Universal Technical Institute Inc · NYSE:UTI

Universal Technical Institute — FY2021 Earnings Presentation

7 slides from Universal Technical Institute's earnings presentation, May 6, 2021

  1. Slide 1: Fiscal 2021 Guidance and Non-GAAP Reconciliation Schedules Summary

    a= | UNIVERSAL i TECHNICAL INSTITUTE Universal Technical Institute Fiscal 2021 Guidance and Non-GAAP Reconciliation Schedules Summary 2021 Universal Technical institute, Inc. ll ights reserved.

  2. Slide 2: FY 2021 Guidance

    FY 2021 Guidance Fy | UNIVERSAL OD /]/tecunicat W/) INSTITUTE FY 2021 performance projected to drive double-digit expansion on both top and bottom line 2019 New Student Start Growth (Decline)' 109%-15% 4.8% (2.4% 2020 2021 2019 Revenue Growth (Decline) 10%-15% 2021 2019 Adjusted EBITDA? ($M) $30 - $

  3. Slide 3: Adjusted EBITDA Reconciliation

    = ation (Ges INSTITUTE ($ in thousands) Actual Actual 12 Mos. 12 Mos. 9/30/20 9/30/19 Net Income (Loss) ~$13,000 $8,008 ($7,868) Interest (income) expense, net ~(100) (1,142) 1,729 Income tax (benefit) expense ~600 (10,602) 203 Depreciation and amortization 15,000 13,150 17,291 EBITDA ~$28,500 $9,41

  4. Slide 4: Adjusted Net Income Reconciliation

    UNIVERSAL TECHNICAL INSTITUTE ($ in thousands) Actual Actual 12Mos. 42Mos. 9/30/20 9/30/19 Net Income (Loss) ~$13,000 $8,008 S (7,868) Income tax (benefit) expense 600 (40,602) 203 Income (Loss) before income taxes ~13,600 (2,594) (7,665) Acquisition-related costs!) ~1,500 - - New campus implementat

  5. Slide 5: Adjusted Free Cash Flow Reconciliation

    Adjusted Free Cash Flow Reconciliat nersae ($ in thousands) INSTITUTE Guidance Midpoint ae: 12 Mos. i Bey 9/3019 Cash flow provided by (used in) operating activities, as reported ~$42,500 $11,032 $ 21,746 Purchase of property and equipment (73,500) (9.262) (6.453) Free Cash Flow, non-GAAP (31,000) 1

  6. Slide 6: Use of Non-GAAP Financial Information

    Use of Non-GAAP Financial Information This presentation contains non-GAAP (Generally Accepted Accounting Principles) financial measures, which are intended to supplement, but not substitute for, the most directly comparable GAAP measures. Management chooses to disclose to investors these non-GAAP fi

  7. Slide 7: PAGE7

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