Atlas Engineered Products Ltd. · TSXV:AEP
Atlas Engineered Products — Investor Presentation (May 2024)
26 slides from Atlas Engineered Products's investor presentation, May 2024
Slide 1: Uniquely Positioned for Growth
UNIQUELY POSITIONED FOR GROWTH Q1 2024 TSX.V:AEP OTC:APEUF v.053124 REV.01
Slide 2: Forward Looking Statements
Forward Looking Statements Disclaimer This presentation is not, and nothing in it should be construed as, an offer, invitation or The financial modelling is a projection, preliminary and subject to change. All forward– recommendation in respect of securities of Atlas Engineered Products Ltd. (the lo
Slide 3: Who & What is AEP
Who & Mission What is AEP To Provide Quality Solutions and Products in the Communities We Serve, while Building Partnerships across North America We are Leading Manufacturers of Vision Engineered Wood To Build a Strong, Successful Organization, while Products across Providing a Succession Opportunit
Slide 4: Our Services
Our Services Design, Engineering & Permitting Our specialist design team uses cutting edge design and engineering technology that ensures you get consistent, accurate, top quality product from our facility. We even help with acquiring building permits. AEP’s team of designers employs state- of-the-a
Slide 5: Our Products: Roof Systems & Roof Trusses
Our Products Roof Systems & Roof Trusses Reduce installation times, increase your span options and employ our cost effective, cutting edge design and engineering team. From the simplest residential building to the most complex commercial designs, AEP roof trusses can be a cost effective and efficien
Slide 6: Our Products: Floor Systems & Floor Trusses
Our FLOOR FLOOR FLOOR Products JOISTS TRUSSES PANELS Floor Systems & Floor Trusses A practical alternative to framing onsite, our custom-built floor panels give you greater quality control and ensure seamless integration with your wall and roof components. Quality floor systems and floor trusses fro
Slide 7: Our Products: Wall Panels
Our Products Wall Panels A cost-effective alternative to framing onsite, AEP wall panels give you greater quality control, ability to reduce on site labour requirements, and ensure a seamless integration with your floor and roof components. Our specialized design software and manufacturing capacity
Slide 8: Growth Initiatives
Organic Growth Growth Equipment upgrades, automation, and technological improvements Initiatives + + Product diversification + Sales and territory expansion + Manufacturing capacity growth + Integration efficiencies M&A Growth + Constantly assessing M&A targets for potential acquisitions + Is the ge
Slide 9: AEP Family of Companies
AEP Family of Companies A Growing National Footprint Since our inception as AEP in November 2017, we have grown to eight companies. Our vision is to create a national family of operating companies deeply entrenched in serving regional construction markets. We are strengthening financial and operatio
Slide 10: Acquisition Growth
Acquisition Growth Léon Chouinard et Fils Ltée $24 million in cash Hi-Tec $2 million in AEP shares Industries AEP LISTS ON THE Novum $5.8 million in cash $3.25 million in cash TSX:V (Land & Buildings) South Central Building Building Components $428,819 in cash Systems Pacer Building $3.0 million in
Slide 11: Our Clients
Our Clients Single-Family Home Multi-family, Highrise Commercial & Lumber & Specialty Builders & Sub-Division Industrial Developers Building Yards Developers 11 AEP Uniquely Positioned for Growth
Slide 12: Why Do Clients Choose Us?
Why Do Clients Choose Us? We save them money We save them time + Cost effective and efficient Offsite customized manufactured roof & + National buying power floor trusses and wall panels can be + Best-in class design, production installed onsite up to 5x’s faster than and automation technology tradi
Slide 13: Organic Growth Initiatives
Organic Growth Initiatives Product Diversification Sales Team Development + Wall panel expansion Continue to develop new talent with + EWP expansion technical experience to provide our + Explore new products that add customers with the best products for synergies with our current products efficiency
Slide 14: Integration Impacts
+ Integration is key after a + The table shows the potential EBITDA Integration share or asset acquisition. The Company aims to improvements with acquisitions in their various stages of the integration process Impacts implement national buying power, system upgrades, + Share Acquisition 1: Integrati
Slide 15: M&A Growth
M&A Growth M&A is an ongoing part of our growth initiatives. We are constantly assessing potential M&A targets and will announce acquisitions as they develop. Fragmentation Opportunity + The manufactured wood products industry is AEP is providing an opportunity for many of these characterized by hun
Slide 16: M&A Growth Industry Challenges
M&A Growth Industry Challenges AEP is the well positioned to eliminate the industry’s two biggest Labour market is the tightest since 1990 and projected to become even tighter pain-points. Size of Canadian Adoption of Technology 2 300K 48% Need for innovation is crucial to survival Market 1 but comp
Slide 17: Industry Tailwinds
Industry Tailwinds “To restore affordability, an Canada is on track to break Federal government reveals plan additional 3.5M affordable ground on about 210,000 housing to bring in 500,000 immigrants housing units are needed by units this year but about 100,000 per year by 2025. 2030. ” additional ho
Slide 18: Annual Performance
Annual Performance 70 Free Cash Flow Millions Normalized EBITDA 61.9M 60 Gross Profit 55.0M Revenue 49.4M 50 40 35.7M 34.8M 30 19.8M 20 16.2M 15.7M 12.9M 13.6M 11.0M 9.9M 10 8.5M 7.3M 8.3M 4.5M 4.0M 3.9M 1.6M 0.2M 0 2019 2020 2021 2022 2023 Return on Equity 0% 2% 35% 39% 9% 18 AEP Uniquely Positione
Slide 19: Financial Results
Financial Results 3 Months Ending March 31, 2024 3 Months Ending March 31, 2023 + Revenue for the three months ended March 31, 2024 was $9,121,059 compared Total Revenue $9,121,059 $9,629,368 to revenue of $9,629,368 for the three months ended March 31, 2023. Revenue has decreased due to some materi
Slide 20: Year End Financial & Operating Results
Year End Financial & 12 Months Ending Dec. 31, 2023 12 Months Ending Dec. 31, 2022 Operating Results Total Revenue $49,413,675 $61,899,620 + AEP revenue for the year ended December 31, 2023 was $49,413,675 compared to revenue of $61,899,620 for the year ended December 31, 2022. Gross Profit $13,558,
Slide 21: Key Financial Metrics
Key Financial Metrics 2017 2018 2018 2019 2020 2021 2022 2023 May Year End May Year End June - Dec Dec Year End Dec Year End Dec Year End Dec Year End Dec Year End Debt 531,981 1,704,918 7,470,165 8,275,599 6,999,633 6,970,656 13,484,447 33,689,544 Debt on - 555,700 985,625 1,839,976 1,771,978 1,606
Slide 22: Capitalization Structure and Key Data
Capitalization Structure and Key Data Atlas Engineered Products Ltd. TSX.V:AEP OTC:APEUF Current Price $1.32 (as of May 30, 2024) Market Capitalization $78.4M (as of May 30, 2024) Shares Outstanding (Basic) 59.4M (as of May 30, 2024) Current Cash $7,225,083 (as of March 31, 2024) Current Debt $28,58
Slide 23: Executive Team
Executive Team Hadi Abassi Melissa MacRae CPA, CA Gurmit Dhaliwal CEO & President, Founder Chief Financial Officer Chief Operating Officer As CFO, Mrs. MacRae provides overall leadership As COO: Ms. Dhaliwal leads the development of Mr. Abassi founded AEP in 1999 in Nanaimo, BC and direction for the
Slide 24: Board of Directors
Board of Directors Don Hubbard, ICD.D Hadi Abassi Paul Andreola Board Chair Director, CEO & President, Founder Director Mr. Hubbard is currently President and CEO of Mr. Abassi founded AEP in 1999 in Nanaimo, BC Mr. Andreola has over 25 years of business Hubbard Consulting Ltd., and Owner of RCR and
Slide 25: Atlas Engineered Products Key Points
Atlas Engineered Products Key Points Market leader Strong track record of profitability + AEP is the first national consolidator of the Canadian wood + Strong profitability in fiscal 2021 with net income after products manufacturing industry, with operations in British adjustments and taxes of $6.9M
Slide 26: Contact us
Contact us Jake Bouma Bouma Consulting Ltd. jake.bouma@atlasaep.ca IR Consultant for AEP Atlas Engineered Products 2005 Boxwood Rd Nanaimo, BC V9S 5X9 info@atlasaep.ca atlasengineeredproducts.com TSX.V:AEP OTC:APEUF
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