Kewaunee Scientific Corporation · NASDAQ:KEQU
Kewaunee Scientific — FY2025 Earnings Presentation
22 slides from Kewaunee Scientific's earnings presentation, July 2025
Slide 1: Kewaunee Scientific Corporation
KEWAUNEE SCIENTIFIC CORPORATION NASDAQ: KEQU
Slide 2: Special Note Regarding Forward-Looking Statements
Special Note Regarding Forward-Looking Statements Certain statements in this document constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). All statements other than statements of historical fact included in this Annual
Slide 3: About Non-GAAP Measures
About Non-GAAP Measures The following slides include non-GAAP financial measures such as adjusted net earnings and adjusted net earnings per share as supplemental information relating to Kewaunee’s operating results. Adjusted net earnings represent GAAP net earnings adjusted for professional and oth
Slide 4: Kewaunee Overview
Statesville, NC Global Headquarters Statesville, NC Plymouth, MN Bangalore, India Manufacturing Locations India Singapore Saudi Arabia International Sales Offices Founded 1906 Over 119 years of experience rgest laboratory furniture manufacturer in the world. Kewaunee is the only manufacturer to prod
Slide 5: Kewaunee Today
Kewaunee Today Lab Furniture & Containment & Airflow LAB FURNITURE Turnkey Solutions & VENTILATED Ventilated Products Solutions PRODUCTS Distribution/End User Sold through exclusive dealers & Sold through exclusive and Design through construction distributors to customers globally. nonexclusive mfg.
Slide 6: Serving Customers Worldwide
Serving Customers Worldwide Headquarters Statesville, NC Manufacturing Locations Statesville, NC Bangalore, India International Sales Locations India Singapore Saudi Arabia Kewaunee collaborates with experienced global dealers toHeadquarters deliver exceptional & Manufacturing projects,
Slide 7: Industry-Leading Partners
Industry-Leading Partners Headquarters NORTH AMERICA ASIA Statesville, NC Manufacturing Locations Statesville, NC Bangalore, India International Sales Locations India Singapore Saudi Arabia SOUTH AMERICA EMEA Kewaunee collaborates with experienced global dealers toHeadquarters deliver ex
Slide 8: Robust, Diverse End Markets
Robust, Diverse End Markets We believe in empowering the scientific community with spaces that inspire, innovate, and integrate. Serving the forefront of life sciences, education, healthcare, industrial, petrochemical, and government research, we deliver unparalleled laboratory environments tailored
Slide 9: The Human Spirit Driving Innovation Forward
The Human Spirit Driving Innovation Forward The human desire to discover has fueled a century of remarkable progress. Here's a glimpse into some of the groundbreaking discoveries that have shaped the modern era. Harnessing the Power A Giant Leap for Taking Flight The Digital Revolution of the Atom M
Slide 10: A History of Laboratory Spaces
A History of Laboratory Spaces WHY IS INNOVATION IMPORTANT IN LAB DESIGN? Modern labs have evolved to become dynamic arenas where discoveries are made, ideas are exchanged, and innovation thrives. They are also key tools for recruiting research funding and top talent. These amazing spaces serve as t
Slide 11: Why Do Spaces Matter?
Why Do Spaces Matter? COLLABORATION HUBS Modern laboratories are designed to break down physical barriers and create a sense of community. Open floor plans and flexible SHIFTING LAB LANDSCAPES: The evolution of lab spaces reflects furniture allow scientists from diverse disciplines to easily interac
Slide 12: Why Choose Kewaunee?
WHY CHOOSE KEWAUNEE? Experience Serving Industry-Leading Leading Dealer and Financial Experience Users In Multiple Portfolio Distribution Network Stability End-Use Markets Founded in 1906, Kewaunee offers Our global network of $240.5 Million Kewaunee brings The industries served by total lab solutio
Slide 13: Financial Review
Financial Review
Slide 14: Historical Financials
Historical Financials Kewaunee Scientific Corporation | NASDAQ: KEQU Consistent Revenue and Backlog Stable Annual Revenue Globally Revenue Backlog Domestic International $179.4M $240.5M $219.5M $214.6M $146.7M $203.8M $137.3M $155.6M $147.9M $72.8M $66.5M $61.1M FY2023 FY2024 FY2025 FY2023 FY2024 FY
Slide 15: FY25 Financial Review
FY25 Financial Review Professional $ in thousands, excluding FY23 FY24 FY25 FY25 per share data & Other Reported Adjusted Reported Adjusted Fees1 Net Sales $219,494 $203,755 $240,472 $- $240,472 Operating Profit 5,364 18,281 17,759 5,718 23,477 % of Sales 2.4% 9.0% 7.4% 0.0% 9.8% Pension, Interest a
Slide 16: Fourth Quarter, QTD FY2025
Fourth Quarter, QTD FY2025 Revenue Net Earnings Diluted EPS $3.71 $77.1 $11.0M $56.7 $4.9M $1.63 4Q FY24 4Q FY25 4Q FY24 4Q FY25 4Q FY24 4Q FY25 16
Slide 17: Q4'25 Financial Review
Q4’25 Financial Review $ in thousands, excluding Q4’24 Q4’25 Professional & Q4’25 per share data Adjusted Reported Other Fees1 Adjusted Net Sales $56,702 $77,148 $- $77,148 Operating Profit 5,558 8,500 1,258 9,758 % of Sales 9.8% 11.0% 0.0% 12.6% Pension, Interest and Other (192) (1,351) - (1,351) P
Slide 18: Balance Sheet
Balance Sheet ($000's) As of April 30, 2025 As of April 30, 2024 As of April 30, 2023 Cash, Cash Equivalents & Restricted $17,164 $25,938 $13,815 Cash Total Assets $194,654 $134,766 $118,898 Total Liabilities $128,409 $78,557 $80,413 Total Stockholders' Equity $66,245 $56,209 $38,485 Total Liabiliti
Slide 19: Strategic Direction and Outlook
Strategic Direction and Outlook
Slide 20: Strategic Direction and Outlook
Strategic Direction and Outlook OUR GUIDING PRINCIPLES We will be easy to do business with. We will get closer to our customer(s). We will do everything with excellence. We will lead and not follow (we are innovators). 20
Slide 21: Capital Allocation Philosophy
Capital Allocation Philosophy We believe that disciplined and thoughtful capital allocation is essential to the long-term health and success of our business. Following our acquisition of NuAire, we now operate three strong, market-leading businesses, each well-positioned to generate sustained cash f
Slide 22: A Trusted Partner for the Next Chapter
A Trusted Partner for the Next Chapter Kewaunee as a Succession Solution Legacy matters at Kewaunee. With nearly 120 years of continuous operation, we’ve built a reputation on trust, reliability, and lasting relationships. As a publicly traded company with strong governance and a disciplined operati