Janus International Group, Inc. · NYSE:JBI
Janus International — Q3 2022 Earnings Presentation
11 slides from Janus International's earnings presentation, Nov 10, 2022
Slide 1: Third Quarter 2022 Earnings Presentation
THIRD QUARTER 2022 EARNINGS PRESENTATION November 10, 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: Q3 2022 Highlights and Milestones
Q3 2022 Highlights and Milestones Balanced 3Q 2022 Revenue Mix • Well-balanced 39.8% revenue growth, including 35.2% organic YoY • Commercial & Other up 58.3% • R3 up 49.1% 33.6% • New Construction up 13.8% • Integration of DBCI and ACT acquisitions ahead of plan 28.6% • Robust Adjusted EBITDA growt
Slide 6: Q3 2022 Results Overview
Q3 2022 Results Overview Adj. EBITDA1 Revenue $262.5M $63.3M 74.3% increase 39.8% increase 24.1% margin Adj. Diluted EPS1 Operating Cash Flow $0.22 Adj. Net Income1 $19.4M of $32.3M FCF2 of $16.8M 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 YTD 2022 results, strong backlog $990M to $1.01B $218 to $225 million and pipeline, along with commercial and productivity initiatives 33.3% increase
Slide 8: Summary
Summary • Strong third quarter and year to date 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 • 480 bps improvement in Ad
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 Cash flow from operating activities Less capital expenditure Free cash flow Non-GAAP Adjusted Net Income Free cash flow conversion of Non-GAAP Adjusted Net Income Cash flow from operating activities Less capital expenditure Free cash flow Non-GAAP Adjusted Net Income Free c
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