Core Molding Technologies Inc · AMEX:CMT
Core Molding Technologies — Southwest IDEAS Conference 2025
25 slides from Core Molding Technologies's conference presentation, November 2025
Slide 1: Investor Presentation – Southwest IDEAS Conference
Investor Presentation Southwest IDEAS Conference November 2025
Slide 2: Safe Harbor Statements and Non-GAAP Financial Measures
Safe Harbor Statements and Non-GAAP Financial Measures Certain statements in this Annual Report on Form 10-K constitute forward-looking statements within the meaning of the federal securities laws, which are subject to the "safe harbor" created by Section 27A of the Securities Act of 1933, as amende
Slide 3: Why Invest in Core
Why Invest in Core 45+ Years of Competitive Multi-year Long-term Specialized Disciplined Organic Large, Diverse Award Winning Moat, Sole Improving Relationships Ultra Large Capital Growth and Addressable Manufacturing Sourced, High Gross Margin w/ Blue-chip Molding Investment Recent Markets Excellen
Slide 4: Our “Must Win Battle” Transformation Journey
Gross Margin % Our “Must Win Battle” Transformation Journey 20.0% 15.0% 10.0% 5.0% 0.0% 2019 2020 2021 2022 2023 2024 2025 Sep TTM 2019/2020 2021 2022/2023 2024/2025 Turnaround Product Focused Institutionalize Operating Systems Invest For Growth Culture as a Competitive Advantage Dig out | Back to B
Slide 5: About Core Molding / Diversified Markets
About Core Molding Diversified Markets We are the most reliable, innovative and responsive partner in engineered materials and manufacturing solutions. NYSE American CMT 45 Year Legacy Russell 3000 Headquartered in Employees Columbus, OH 1,570 Total Sales Gross Margin Adjusted EBITDA 12 Months Ended
Slide 6: Our Large North American Manufacturing Footprint
Our Large North American Manufacturing Footprint Presses up to 82 >1.3M USMCA 5500 Ton Presses Square Feet Compliant Products Cobourg, Ontario Product Sales by Facility* Winona, MN 34% Columbus, OH 25% 16% Gafney, SC 14% 7% 4% Monterrey, MX Matamoros, MX *Based on 2024 Product Sales Core Molding Inv
Slide 7: Supplying Products to Industry Leaders in Growing Industries
Supplying Products to Industry Leaders in Growing Industries 2024 Net Product Sales By Industry Power Truck Truck Sports 56% 24% 6% 14% Powersports Building Products Industrial, Utilities & Other Building Products Long-term relationships with blue-chip companies providing single-source manufacturing
Slide 8: Selected Financial Information
Selected Financial Information Total Sales in millions Adj EBITDA in millions / % of Sales (1) $400 $377 $358 $50 15.0% $42.9 $350 $308 $33.8 $302 $40 $28.8 $300 $262 $26.7 $31.9 10.0% $250 $30 $200 $20 5.0% $150 $10 $100 $50 $0 0.0% $0 2021 2022 2023 2024 2025 2021 2022 2023 2024 2025 Sep TTM Sep T
Slide 9: Capital Allocation Priorities
Capital Allocation Priorities Multifaceted allocation strategy to maximize shareholder value Maintain Strong Balance Sheet • Zero net debt – Cash balance of $42.4M as of September 2025 • Current leverage ratio of ~.77 times Adjusted EBITDA • Available liquidity flexibility to take advantage of oppor
Slide 10: Cash Flows and Reinvestment
Cash Flows and Reinvestment Free Cash Flows Operating Cash Sustaining Free Cash Growth Capex Excluding Growth Flows Capex Flows in millions Capex 2022 $ 19.0 $ 7.8 $ 8.8 $ 2.4 $ 11.2 2023 $ 34.8 $ 6.1 $ 3.0 $ 25.7 $ 28.7 2024 $ 35.1 $ 9.0 $ 2.5 $ 23.6 $ 26.1 Total $ 88.9 $ 22.9 $ 14.3 $ 51.7 $ 66.0
Slide 11: Long Term Financial Goals
Long Term Financial Goals Our Three to Five Year Financial Targets • Organic growth • Acquisitions Revenues >$500M • Goal timing may be impacted due to return to pre-pandemic demand levels • Operational improvements Operating Income 8%-10% • Value selling • Leverage fixed costs • Investment in capac
Slide 12: $7 Billion Total Addressable Market In Attractive Industry Verticals
$7 Billion Total Addressable Market In Attractive Industry Verticals Powersports / Industrial & Truck Golf Cars Utilities $0.7B $0.6B $1.5B Construction Consumer Building Aerospace & Ag. Products Products $1.0B $0.4B $0.8B $2.0B Must Win Battle: Invest for Growth Multiple Offering Growing industry c
Slide 13: Sustainable, Large Molding Solutions, Creating Value
Sustainable, Large Molding Solutions, Creating Value Why Customers Choose Core Truck Large Part - Durability Corrosion Resistance Powersports Cost Savings Parts Consolidation Building Products Light Weighting Recyclability Industrial and Utilities Core Molding Investor Presentation November 2025 13
Slide 14: Organic Growth / Investment in Future Growth
Organic Growth / Investment in Future Growth Won $150M contract for Volvo roofs to be launched in our Matamoros facility, with Photo of actual building in MTY with production starting in Q1 of 2027. AI generated logo and color scheme • Adjusted EBITDA accretive in the first full year and return on c
Slide 15: New/Expand Industry Verticals
SMC and Automotive Top Coat Paint Carbon Fiber New/Expand Aerospace Molding Industry Verticals Medical EV Battery Enclosures Core Molding Investor Presentation November 2025 15
Slide 16: New wins! - $45M in 2024, $47M YTD in 2025
Progress on our recent Must New wins! - $45M in 2024, $47M YTD in 2025 Win Battle: Invest for Growth Replacement Incremental $20M $72M $20 Truck Roof Truck Roof Door Skin SMC UTV Skid Plate Elec. Pickup Bed Bus Batteries Misc Projects Core Molding Investor Presentation November 2025 16
Slide 17: Core’s Unique Differentiators and Award-Winning Solutions
Core’s Unique Differentiators and Award-Winning Solutions Why Customers Stay with Core Lightweight = High Strength Innovative Material & Multi-Composite Lower Total Costs to Weight Process Development Design Flexibility • Total installation cost • High performance • Large format / • High value integ
Slide 18: Case Study: Offering Part Consolidation Solutions
Case Study: Offering Part Consolidation Solutions Unique Solutions Create Optimized Design Easier installation / Reduced Labor Improved Employee Safety / Reduced Injuries / OSHA Polymer Concrete Lid Composite Lid 90 Lbs. 25 Lbs. Simplified assembly / Reduced Labor for the customer Integrated with th
Slide 19: Case Study: Offering Part Consolidation Solutions
Case Study: Offering Part Consolidation Solutions Unique Solutions Create Optimized Design Problem: Consumer Safety identified risk of debris penetration hazard on ROV and UTV Solution: Part capable to stop 355J of energy impact over a 1-inch wood stake. Through engineering partnership with customer
Slide 20: Thank You for your interest in Core Molding Technologies
Thank You for your interest in Core Molding Technologies Visibility to sales over $300M in 2027 • Truck market cycles are challenging, but they also give us confidence of recovery over the next two years • Large OEM projects for truck and powersports provide for consistent demand and an ability to f
Slide 21: Appendix
Appendix November 2025
Slide 22: Net Income (Loss) to Adjusted EBITDA Reconciliation
Net Income (Loss) to Adjusted EBITDA Reconciliation Twelve M onths Ended In thousand s December 31, TTM Sep 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Net income (loss) $ 7,411 $ 5,459 $ (4,782) $ (15,223) $ 8,165 $ 4,671 $ 12,203 $ 20,324 $ 13,299 $ 8,073 Income tax expense (benefit) $ 3,836
Slide 23: Year-End and Return on Capital Employed (“ROCE”) Reconciliation
Year-End and Return on Capital Employed (“ROCE”) Reconciliation TTM Sep TTM Sep 2020 2021 2022 2023 2024 2025 2024 2025 in thousands in thousands EBIT $ 10,390 $ 11,068 $ 18,003 $ 26,537 $ 16,695 $ 11,496 EBIT $ 16,695 $ 11,496 Plant Closure and Severance Costs(1) 2,581 - - 1,294 2,465 Plant Closure
Slide 24: Class 8 Truck Market Forecast / Overview – From ACT
Class 8 Truck Market Forecast / Overview – From ACT Annual Class 8 Truck Production (units) - per ACT Comments from latest ACT Report: 400,000 With national-level data unsupportive and softening, and industry anecdotes increasingly pessimistic, the outlook continues to erode. 350,000 It comes down t
Slide 25: Contacts
Contacts Company Contact Alex Panda Chief Financial Officer apanda@coremt.com Investor Contact Sandy Martin / Steven Hooser Three Part Advisors 214.616.2207 Core Molding Investor Presentation November 2025 25
Core Molding Technologies — Southwest IDEAS Conference 2025 on 6ix