Cps Technologies Corp. · NASDAQ:CPSH

Cps Technologies — Sidoti Virtual Micro-Cap Conference (May 2023)

18 slides from Cps Technologies's conference presentation, May 11, 2023

1. Slide 1: CPS Technologies Corporation

   CPS Technologies Corporation Sidoti Virtual Micro-Cap Conference May 11, 2023 Chuck Griffith Acting CEO & Chief Financial Officer Anthony Koski Corporate Development Officer

2. Slide 2: Forward-Looking Statements

   Forward-Looking Statements Statements made in this document that are not historical facts or which apply prospectively, including those relating to 2023 financial results, are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use

3. Slide 3: Investment Thesis

   Investment Thesis Aerospace and  Premier provider of high-performance material Defense 35% solutions for mission-sensitive applications Q1’23 TTM Revenue $27.1M  Serves diverse end markets including A&D, Commercial Transportation & automotive, infrastructure and clean energy Energy 65%  Unique te

4. Slide 4: Management

   Management CPS Technologies Be the premier provider of high-performance material solutions for mission-sensitive applications, connecting and protecting Vision customers around the world Provide performance enhancing innovative solutions through the application of advanced materials into end product

5. Slide 5: What We Do

   What We Do  CPS specializes in the application of advanced material sciences to develop and manufacturer Aluminum Metal Matrix Composite (MMC) and Ceramic Composite solutions offering ideal properties for our customer’s unique and diverse applications Solutions Our combined material solutions enabl

6. Slide 6: Foundation For Growth

   Foundation For Growth Rapid Market Growth Blue-Chip Customer Base Advanced Proprietary Technology  Clean Energy  Patented process for MMC  Transportation & Infrastructure manufacturing  Electrification  Patented light-weight ballistic  Automotive protection technology  Aerospace & Defense  4

7. Slide 7: Metal Matrix Composites

   Metal Matrix Composites  AlSiC combines Aluminum and Silicon Carbide materials to achieve a unique and ideal set of properties for thermal management to enhance the performance and reliability of your power electronics systems  CPS AlSiC provides the necessary thermal conductivity to dissipate hea

8. Slide 8: Hermetic Packaging

   Hermetic Packaging  CPS Hermetic Package (HP) solutions offer ceramic or glass to metal seals (CTMS or GTMS) for reliable microelectronics packaging. Current applications for CPS HP solutions include military, aerospace and telecommunications  We offer off-the-shelf and custom HP solutions designe

9. Slide 9: Composite Armor

   Composite Armor HybridTech Armor® Strikeface CPS Does It Different HybridTech Armor® utilizes CPS patented Metal Matrix Composite (MMC) infiltration technology offering protection that rivals any steel alternative at HALF the weight Ceramic Tiles Backing Layers  Ceramic tiles encapsulated with Alum

10. Slide 10: Advanced Research

    Advanced Research CPS has a team of scientists and engineers with decades of experience in researching, developing, designing, and manufacturing advanced materials and products for next-generation applications. Our experience in both material and process development allows us to optimize our solutio

11. Slide 11: Strategic Snapshot – 4 Pillars

    Strategic Snapshot – 4 Pillars Sustain Develop Expand Explore MMC Product Development Hermetic Packaging HybridTech Armor® Baseplates & Lids r&D (IRAD + CRAD) A&D, EV, Energy, Electronics Aerospace & Defense Defense Transportation, etc. Sustain product pipelines Build upon the groundwork Expand mark

12. Slide 12: Financial Overview

    Financial Overview 12

13. Slide 13: Revenue Trends

    Revenue Trends $30,000 $25,000 13% CAGR $20,000  13% 5yr CAGR $15,000  FY22 highest revenue in company history  19% increase over FY21 $10,000  Top line growth primarily driven by new $5,000 A&D programs $- 2017 2018 2019 2020 2021 2022 Revenue $14,577 $21,581 $21,468 $20,873 $22,449 $26,587 13

14. Slide 14: Gross Profit and Margin

    Gross Profit and Margin $8,000 30.0% $7,000 25.0%  35% 5yr CAGR $6,000 35% CAGR 20.0% $5,000  FY22 achieved the best performance in $4,000 15.0% company history $3,000 10.0%  Over 50% increase in GP over FY21 $2,000  6% improvement in GM over FY21 5.0% $1,000 $- 0.0%  Increased profitability dr

15. Slide 15: Appendix

    Appendix 16

16. Slide 16: TTQ Revenue, Operating Profit & T4Q Revenue

    TTQ Revenue, Operating Profit & T4Q Revenue ($000's) 30,000 7,100 6,800 28,000 6,500 6,200 26,000 5,900 5,600 24,000 5,300 22,000 5,000 4,700 20,000 4,400 4,100 18,000 T4Q Revenue 3,800 Revenue & Operating Profit 3,500 16,000 3,200 2,900 14,000 2,600 12,000 2,300 2,000 10,000 1,700 1,400 8,000 1,100

17. Slide 17: TTQ Revenue, Gross Profit & Gross Margin

    TTQ Revenue, Gross Profit ($M) & Gross Margin (%) 8.0 50 7.0 40 6.0 5.0 30 4.0 $M 20 3.0 2.0 10 1.0 0 0.0 -1.0 -10 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022 2023 Gross Profit ($M) 1.2 0.9 0.5 0.9 1.3 1.1 1.4 1.9 1.8 1.9 1.6 2.3 Revenues ($M) 5.8 4.5 4

18. Slide 18: TTQ Book:Bill

    TTQ Book:Bill 16,000 1.80 Bookings Revenue TTM B2B 1.60 14,000 1.40 12,000 1.20 10,000 1.00 $(000's) 8,000 0.80 6,000 0.60 4,000 0.40 2,000 0.20 - - Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 19

CPS Technologies — Sidoti Virtual Micro-Cap Conference (May 2023) on 6ix