Astronova, Inc. · NASDAQ:ALOT
Astronova — Q1 2027 Earnings Presentation
16 slides from Astronova's earnings presentation, Jun 8, 2026
Slide 1: First Quarter FY2027 Financial Results
First Quarter FY2027 Financial Results Jorik Ittmann, President and CEO Tom DeByle, Chief Financial Officer June 8, 2026 Nasdaq: ALOT Printing Technologies for Critical Applications
Slide 2: Cautionary Statement Use of Non-GAAP Financial Measures
Cautionary Statement Use of Non-GAAP Financial Measures Information included in this news release may contain forward-looking statements In addition to financial measures prepared in accordance with generally accepted within the meaning of the Private Securities Litigation Reform Act of 1995. Forwar
Slide 3: Q1 FY2027: Expanding Margins and Growing Momentum
Q1 FY2027: Expanding Margins and Growing Momentum Aerospace drove growth and profitability supporting strong demand and building backlog Product ID driving productivity improvements and driving margin expansion Investing to sustain momentum with new talent in sales & marketing as well as operations
Slide 4: Revenue
Revenue ($ in millions) QUARTERS Aerospace sales up 16.3% Y/Y to $13.3M $37.7 $37.5 $39.4 • Hardware revenue up $2.5M Y/Y on higher volume and improved $11.4 $11.2 $13.3 pricing from ToughWriter® platform dominating shipments and as OEM production rates accelerate $26.3 $26.3 $26.1 • Commercial airc
Slide 5: Gross Profit and Margin
Gross Profit and Margin ($ in millions) Gross Profit and Margin QUARTERS YEARS $14.4 $50.1 $47.6 $12.0 $11.3 Q1 gross profit margin expanded 490 bps Y/Y to 31.7% 30.2% 36.6% 31.6% 32.9% 36.6%, primarily reflecting higher Aerospace Q1 2026 Q4 2026 Q1 2027 FY2026 TTM Q1 volume and favorable mix FY2027
Slide 6: Operating Profit and Margin
Operating Profit and Margin ($ in millions) Operating Profit and Margin QUARTERS YEARS $2.2 $1.6 $1.2 $0.6 $0.1 Higher gross profit combined with cost 1.5% 4.0% 1.4% 0.1% 0.8% containment initiatives resulted in operating Q1 2026 Q4 2026 Q1 2027 FY 2026 TTM Q1 income up $1.0 million to $1.6 million
Slide 7: EPS and Adj. EBITDA
EPS and Adj. EBITDA ($ in millions, except per share data) Net Earnings (Loss) and Adjusted EBITDA/ EPS and Adjusted EPS1 Adjusted EBITDA Margin 1 $4.1 $3.1 $0.19 $0.05 $0.08 $0.7 8.3% 10.5% ($0.4) $(0.05) Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 $12.7 $13.7 $0.23 $0.16 8.4% 9.0% $(0.17) ($2.4) ($1.3) $(0.31
Slide 8: Capital Structure and Cash Flow
Capital Structure and Cash Flow ($ in millions) Cash Flow Three Months Ended Year Ended Capitalization 4/30/26 4/30/25 1/31/26 4/30/26 1/31/26 4/30/25 Net cash provided by Cash and cash $ 3.0 $ 4.4 $ 11.7 $ 4.7 $ 4.1 $ 5.4 operating activities equivalents Total debt $ 36.0 $ 37.7 $ 44.8 Capital expe
Slide 9: Orders and Backlog
Orders and Backlog ($ in millions) PRODUCT ID Orders $46.3 $41.1 $34.9 $35.9 $35.9 $13.6 $19.5 Product ID Q1FY27 orders grew $0.5 million Y/Y as new $8.7 $12.5 $13.4 go-to-market strategy gains traction; book-to-bill of 103% $26.2 $23.4 $22.5 $27.5 $26.8 Backlog increased by $0.7 million sequentiall
Slide 10: Plan for Growth
Plan for Growth Product ID Progress: Focused Resources in Sales & Marketing | Strengthening Operational Execution • Added frontline sales roles to build pipeline, align channel partners with target markets and expand market reach • Employing more digital marketing tools for lead generation and focus
Slide 11: Conference Call Playback Investor Relations Contact
Conference Call Playback Replay Number: Investor Relations Contact: (412) 317-6671 | passcode: 13760545 Deborah K. Pawlowski UPCOMING EVENTS Telephone replay available through Phone: 716.843.3908 Monday, June 22, 2026 Email: dpawlowski@allianceadvisors.com Webcast / Presentation / Webcast Replay: in
Slide 12: Supplemental Information
Supplemental Information UPCOMING EVENTS 12
Slide 13: Reconciliation of Segment GAAP Gross Profit to Segment Non-GAAP Gross Profit
ASTRONOVA Reconciliation of Segment GAAP Gross Profit to Segment Non-GAAP Gross Profit Three Months Ended April 30, 2026 UPCOMING EVENTSApril 2025 30, Product Product ID Aerospace Total ID Aerospace Total Segment Gross Profit $ 8,403 $ 6,022 $ 14,425 $ 8,233 $ 3,718 $ 11,951 Inventory Step-Up - - -
Slide 14: Reconciliation of Segment GAAP Operating Income to Segment Non-GAAP Operating Income
ASTRONOVA Reconciliation of Segment GAAP Operating Income to Segment Non-GAAP Operating Income Three Months Ended April 30, April 30, 2026 2025 UPCOMING EVENTS Product Product ID Aerospace Total ID Aerospace Total Segment Operating Income $ 566 $ 3,878 $ 4,444 $ 260 $ 1,979 $ 2,239 Inventory Step-Up
Slide 15: Reconciliation of Net Income to Adjusted EBITDA
ASTRONOVA Reconciliation of Net Income to Adjusted EBITDA Three Months Ended April 30, April 30, 2026 2025 UPCOMING EVENTS Net Income (Loss) $ 653 $ (376) Interest Expense 675 897 Income Tax Expense 196 75 Depreciation & Amortization 1,182 1,290 EBITDA $ 2,706 $ 1,886 Share-Based Compensation 389 30
Slide 16: Reconciliation of GAAP to Non-GAAP
Three Months Ended April 30, April 30, ASTRONOVA Reconciliation of GAAP to Revenue $ 2026 39,364 $ 2025 37,708 Non-GAAP Gross Profit Inventory Step-Up $ 14,425 - $ 11,951 61 Inventory Provision (263) - Restructuring Charges 360 340 Non-Recurring Legal, Professional & Other Expenses 29 - Non-GAAP Gro