V2x, Inc. · NYSE:VVX
V2x — Raymond James TMT and Consumer Conference 2024
23 slides from V2x's conference presentation, December 2024
Slide 1: Raymond James Investor Presentation
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- 2024)_vF.pptx Raymond James Investor Presentation MISSION ENABLEMENT l END-TO-END CAPABILITIES l GLOBAL REACH December 2024 GO TOWARDS TOMORROW #goV2X GO TOWARDS TOMORROW #goV2X
Slide 2: Disclaimers
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Disclaimers 2024)_vF.pptx FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the
Slide 3: Who We Are
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Who We Are 2024)_vF.pptx V2X is a Leading National Security Solutions Provider – Delivering Multi-Domain Warfighter Readiness, Global Mission Support, and Platform Modernization MISSION ENABLEMENT
Slide 4: V2X, a Leader in Critical Mission Solutions
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- V2X, a Leader in Critical Mission Solutions 2024)_vF.pptx Key Capabilities FY2023 Revenue Diversification By Customer By Geography By Contract Type Time-and- Army materials Cost Europe US High Impa
Slide 5: Distinguished 80-Year History
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Distinguished 80-Year History 2024)_vF.pptx Acquired Vectrus & Vertex Acquired by AIP from L-3 Zenetex & HHB merged to create Jeremy Wensinger Vertex founded as Beech Technologies and Expanded Inte
Slide 6: Strategic Presence
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Strategic Presence 2024)_vF.pptx Greenland Supporting the DoD’s Arctic Strategy U.S. as climate change is fundamentally 322 altering the operating environment & Offering diverse capabilities with a
Slide 7: Enabling Missions from Start to Finish
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Enabling Missions from Start to Finish 2024)_vF.pptx High Impact Readiness ‒ Transitioning $3.7B Warfighter-Training Readiness Solutions ‒ Received requirements to support training in Australia, Ne
Slide 8: Trusted Mission Partner
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Trusted Mission Partner 2024)_vF.pptx Assured Communications High Impact Readiness Integrated Supply Chain Management Gateway Mission Router Warfighter-Training 5G & Smart Warehousing (GMR-1000) Re
Slide 9: Strong Revenue Visibility and Attractive Cash Flow Dynamics
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Strong Revenue Visibility and Attractive Cash 2024)_vF.pptx Flow Dynamics $12B+ ~3x <5% Backlog1 Backlog Coverage1 No Recompetes >5% of Revenue over Next 2 Years 94% ~10% ~0.6% Revenue from No Task
Slide 10: V2X Key Investment Highlights
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- V2X Key Investment Highlights 2024)_vF.pptx 1 Well-Aligned with U.S. Federal Budget Priorities in Growing End Markets 2 Long-Standing Relationships with Diverse Customers and Contract Base 3 Contra
Slide 11: Appendix
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- 2024)_vF.pptx Appendix GO TOWARDS TOMORROW #goV2X GO TOWARDS TOMORROW #goV2X
Slide 12: Financial Overview
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- 2024)_vF.pptx Financial Overview GO TOWARDS TOMORROW #goV2X GO TOWARDS TOMORROW #goV2X
Slide 13: Q3'24 Highlights
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Q3’24 Highlights 2024)_vF.pptx • Record revenue of $1.08B, +8% y/y $1.08B • Indo-Pacific revenue +31% y/y with increasing opportunities Q3’24 Revenue • Record net income of $15.1M, +$21.5M y/y; Adj
Slide 14: Consistent Revenue Growth
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Consistent Revenue Growth 2024)_vF.pptx Quarterly YoY Revenue ($ in millions) YoY Growth (%) 6.4% 7.1% 9.6% 8.0% $1,040 $1,072 $1,082 $1,011 $978 $943 $978 $1,002 2022 2023 2023 2024 2023 2024 2023
Slide 15: Rapid Deleveraging with Strong Liquidity
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Rapid Deleveraging with Strong Liquidity 2024)_vF.pptx Net Leverage Trajectory Net leverage ratio improved 0.29x sequentially 4.0x to 3.27x1 from 3.56x 3.3x ≤3.0x Strong liquidity with ~$500 mi
Slide 16: Shareholder Value Creation
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Shareholder Value Creation 2024)_vF.pptx Continued conversion of Generate EBITDA¹ and profit backlog into revenue growth from execution of current backlog Drive additional growth through pipe
Slide 17: Leading Diverse Workforce
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Leading Diverse Workforce 2024)_vF.pptx ~16,000 Total Global Employees Selected Awards & Recognition Employees Employees who Employees who who disclose self- identify as a self-identify as a person
Slide 18: Key Performance Indicators and Non-GAAP Measures
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Key Performance Indicators and Non-GAAP 2024)_vF.pptx Measures This presentation includes certain non-GAAP financial measures, including adjusted net income, adjusted diluted earnings per share, ad
Slide 19: Reconciliation Of Non-GAAP Measures
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Reconciliation Of Non-GAAP Measures 2024)_vF.pptx ($K, Except per Share Data) Three Months Ended Twelve Months Ended December 31, 2023 December 31, 2022 December 31, 2023 December 31, 2022 Revenue
Slide 20: Reconciliation Of Non-GAAP Measures
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Reconciliation Of Non-GAAP Measures 2024)_vF.pptx ($K, except per share data) Three Months E nded N i ne Months E nded September 27 , 20 24 September 29, 20 23 September 27 , 20 24 September 29, 20
Slide 21: Reconciliation Of Non-GAAP Measures
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Reconciliation Of Non-GAAP Measures 2024)_vF.pptx ($K) Three Months E nded N i ne Months E nded September 27 , 20 24 September 29, 20 23 September 27 , 20 24 September 29, 20 23 N et ca sh provi de
Slide 22: Reconciliation Of Non-GAAP Measures
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- Reconciliation Of Non-GAAP Measures 2024)_vF.pptx ($K) TTM September 27 , 20 24 N et i ncome (l oss) $ 9,159 Plus: Interest expense, net 112,030 Income tax expense 11,315 Depreciation and amortizat
Slide 23: GO TOWARDS TOMORROW #goV2X
ibdroot\projects\IBD-NY\vitus2024\938510_1\03. Roadshow Presentation\V2X - Roadshow Presentation (Nov- 2024)_vF.pptx 7901 Jones Branch Drive www.goV2X.com Suite 700 McLean, VA 22102 GO TOWARDS TOMORROW 571.481.2000 PHONE GO V2X CO NFIDENTIAL AND P RO P RIETARY — CO MP ETITIO N SENSITIVE GO TOWARDS T