Janus International Group, Inc. · NYSE:JBI
Janus International — Q2 2022 Earnings Presentation
11 slides from Janus International's earnings presentation, Aug 16, 2022
Slide 1: Second Quarter 2022 Earnings Presentation
SECOND QUARTER 2022 EARNINGS PRESENTATION August 16, 2022 JanusIntl.com 1
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Certain statements in this communication, including the estimated guidance provided under “2022 Outlook” herein, may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Ex
Slide 3: Non-GAAP Financial Measures
Non-GAAP Financial Measures In this presentation Janus uses measures of performance that are not required by or presented in accordance with GAAP in the United States. Non-GAAP financial performance measures are used to supplement the financial information presented on a GAAP basis. These non-GAAP f
Slide 4: Agenda
4 AGENDA Ramey Jackson Anselm Wong Chief Executive Officer, Janus Chief Financial Officer, Janus Business Overview Financial Overview & Outlook
Slide 5: Q2 2022 Highlights and Milestones
Q2 2022 Highlights and Milestones • Well-balanced 42.2% revenue growth, including 27.4% organic YoY Balanced 2Q 2022 Revenue Mix • Commercial & Other up 81.6% • R3 up 34.3% • New Construction up 17.3% 30.1% • Integration of DBCI and ACT acquisitions progressing on plan 31.1% • Robust Adjusted EBITDA
Slide 6: Q2 2022 Results Overview
Q2 2022 Results Overview Adj. EBITDA1 Revenue $247.7M $50.7M 41.1% increase 42.2% increase 20.5% margin Adj. Diluted EPS1 Operating Cash Flow $0.17 Adj. Net Income1 $18.4M of $24.8M FCF2 of $16.0M Continued Strong Growth and Execution 1. Adjusted EBITDA, Adjusted Net Income and Adjusted Diluted EPS
Slide 7: 2022 Outlook
2022 Outlook FULL YEAR FY 2022 Outlook • Raising full year outlook for revenue and Adjusted EBITDA Revenue Adjusted EBITDA • Stronger outlook reflects H1 2022 results, strong backlog and $940 to $960 million $204 to $211 million pipeline, along with commercial and productivity initiatives to 26.6% i
Slide 8: Summary
Summary • Strong second quarter and first half organic growth driven by balanced strength in all sales channels, bolstered by contributions from the DBCI and ACT acquisitions • Commercial and productivity initiatives helping drive top line growth, offsetting higher costs • ~100 bps sequential improv
Slide 9: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation 9
Slide 10: Adjusted Net Income Reconciliation
Adjusted Net Income Reconciliation 10
Slide 11: Free Cash Flow Conversion
Free Cash Flow Conversion Three Months Ended July 2, 2022 June 26, 2021 Cash flow from operating activities $ 18,377 $ 19,263 Less capital expenditure (2,388) (1,629) Free cash flow $ 15,989 $ 17,634 Non-GAAP Adjusted Net Income $ 24,782 $ 20,590 Free cash flow conversion of Non-GAAP Adjusted Net In
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