Slide 1: Fiscal First Quarter 2025 Results Call
DYNAMIC MESSAGE SIGNS Fiscal First Quarter 2025 Results Call September 4, 2024 NASDAQ: DAKT CONTROL SYSTEMS
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT In addition to statements of historical fact, this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is intended to enjoy the protection of that Act. These forward-looking statements reflect the Compa
Slide 3: Fiscal First Quarter 2025 Highlights
FISCAL FIRST QUARTER 2025 HIGHLIGHTS Great start to the year – drove YoY orders, sequential revenue and profitability growth • FQ1 Orders +11.1% YoY, -14.5% QoQ • Drove sales through fulfillment of several large projects, efficient manufacturing/throughput and on-time deliveries for sports installs,
Slide 4: Market Vertical – FQ1 Review
MARKET VERTICAL – FQ1 REVIEW Live Events International • Completed large projects / Some • Orders -28% YoY / +20% QoQ orders moved to Q2 • Good indications of interest • Orders -2% YoY / -46% QoQ • OOH rebounded – indicates stronger • Strong order flow from UConn economic confidence Arena, U of St T
Slide 5: FQ1 FY2025 Financial Highlights
FQ1 FY2025 FINANCIAL HIGHLIGHTS ($ in millions, except per share data) Orders (1) Net Sales Gross Margin Operating Margin(2) Q125 Q424 Q124 Q125 Q424 Q124 Q125 Q424 Q124 Q125 Q424 Q124 $226 $233 $216 $206 $176 30.6% $159 17.3% 26.4% 25.7% 10.0% 9.0% --- (14.4)% --- --- +4.7% --- --- +76 BP --- --- +
Slide 6: Fiscal 2025 Strategic Priorities
Fiscal 2025 Strategic Priorities Digital transformation : • Strengthening foundational management systems to support more robust data gathering and analysis and allocate resources and capital to most profitable segments • F2025 launches: • New Enterprise Performance Management tools • Upgraded servi
Slide 7: Fiscal 2025-26 Roadmap
FISCAL 2025-26 ROADMAP Business & Digital Transformation World-leading Offerings & Efficiencies + Optimized Structural and Product Costs + Enhancements for growth = Durable Profitability and ROIC Growth Back End Growth Front End
Slide 8: Summary
Summary • Performance continues to serve as evidence that we are on sustainable trajectory of growth and increasing profitably • Commitment to improve and consistently earn returns above the cost of capital • Allocating resources and capturing growth in existing profitable SAM, developing growth in
Slide 9: Appendix
APPENDIX Qarmet Command Center – Kazakhstan
Slide 10: Net Sales and Orders by Business Unit
NET SALES AND ORDERS BY BUSINESS UNIT ($ in thousands) (1) Orders and backlog are not measures defined by accounting principles generally accepted in the United States of America ("GAAP"), and our methodology for determining orders and backlog may vary from the methodology used by other companies in
Slide 11: Reconciliation of Free Cash Flow
RECONCILIATION OF FREE CASH FLOW (1) ($ in thousands, unaudited) (1) In evaluating its business, Daktronics considers and uses free cash flow as a key measure of its operating performance. The term free cash flow is not defined under accounting principles generally accepted in the United States of A
Slide 12: Reconciliation of Adjusted Net Income (Loss)
RECONCILIATION OF ADJUSTED NET INCOME (LOSS) ($ in thousands, unaudited) (1) Adjusted net income. We disclose adjusted net income as a non-GAAP financial measurement in order to report our results exclusive of items that are non-recurring or not core to our operating business. We believe presenting
Slide 13: Reconciliation of Long-Term Debt
RECONCILIATION OF LONG-TERM DEBT ($ in thousands, unaudited)
Slide 14: Dynamic Message Signs Control Systems
DYNAMIC MESSAGE SIGNS CONTROL SYSTEMS