Kewaunee Scientific Corporation · NASDAQ:KEQU
Kewaunee Scientific — Q4 FY2022 Earnings Presentation
19 slides from Kewaunee Scientific's earnings presentation, July 2022
Slide 1: Kewaunee Scientific Corporation
Kewaunee Scientific Corporation NASDAQ: KEQU encouraging new discovery…Worldwide
Slide 2: Special Note Regarding Forward-Looking Statements
Special Note Regarding Forward-Looking Statements Certain statements in this document constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). All statements other than statements of historical fact included in this Annual
Slide 3: Solutions for Every Lab Discipline
Solutions for Every Lab Discipline Kewaunee Scientific Corporation | NASDAQ: KEQU 3
Slide 4: Global leader in laboratory furniture; revenue overview
Revenue Kewaunee Scientific, founded 1906, is a global leader in the design, +14.5 % manufacture and installation 177.5 +.7% 0.0% $168.9M of laboratory, healthcare and 170 162.5 technical furniture products 155 $147.5M $147.5M 147.5 140 132.5 125 117.5 110 Kewaunee Scientific Corporation | NASDAQ: K
Slide 5: Our Vision and Why We Win
Our Vision Why We Win To be the global supplier of • Global sales and delivery choice with customers in the capabilities • Extensive product portfolio lab furniture and • Superior dealer and infrastructure markets. distribution network Encouraging new • Innovative new products discovery…Worldwide •
Slide 6: Active in Multiple Sectors
HEALTH • Market includes life sciences, pharmaceutical, bio- technology and healthcare customers • Macro population and aging trends support continued investment in health related initiatives requiring laboratories Active in INDUSTRIAL • Market includes chemicals, petroleum, Multiple manufacturing a
Slide 7: Continued Global Growth Opportunity
2018 Lab Furniture and Continued Global Growth Enclosure Global Market* Opportunity 5% • The overall market for laboratory furniture and enclosures is forecasted to grow at a 5 year compound annual growth rate of 3.3%.* 27% $ 1.5B Market 41% • International and emerging markets Opportunity* forecast
Slide 8: Global Geographic Footprint
Global Geographic Footprint Saudi Arabia Sales Office Corp. HQ, Statesville, NC Manufacturing Operations & Distribution Sales Office India Sales Singapore Office and Manufacturing Operations Kewaunee Scientific Corporation | NASDAQ: KEQU 8
Slide 9: End to End Customer Engagement
End to End Customer Engagement Design Manufacture Install Customers trust Kewaunee with their entire laboratory project based on the Company’s history of providing total laboratory design and engineering solutions and the Company’s ability to design, manufacture and install the most complex products
Slide 10: Key Products & Solutions
Key Products & Solutions • Laboratory furniture • Fume hoods • Laminar flow • Biologic safety cabinets (BSC) • Service (installation, repair, etc.) • Mechanical systems design and execution Kewaunee Scientific Corporation | NASDAQ: KEQU 10
Slide 11: Laboratory Furniture
Laboratory Furniture • Extensive product portfolio • Flexible systems for every lab • Alpha: Flexible workstation • Enterprise: Adaptable workstation • Evolution: Column-based systems • CoDA: New, revolutionary design • Innovative Design Kewaunee Scientific Corporation | NASDAQ: KEQU 11
Slide 12: Fume Hoods
Fume Hoods • Venturi • Custom enclosures • Full access hoods • Fume hood testing • Detect air filtered fume hoods Kewaunee Scientific Corporation | NASDAQ: KEQU 12
Slide 13: Laminar Flow Biologic Safety Cabinets
Laminar Flow Biologic Safety Cabinets • Front-loading HEPA Filter • Double wall construction • Optional adjustable • Easy access, touch screen controls height base stand • Telescopic base stand • Optional epoxy resin or options include manual stainless steel dished or electrically operated worksurfa
Slide 14: Service Carriers and KemResin Work Tops
Service KemResin Carriers Work Tops • Ceiling Panels • Overhead Service • Excellent resistance to Enclosure acids, alkalies and solvents • Overhead service • Highly resistant to heat and manifolds normal physical abuse • Usable wherever physical and chemical resisting properties are required Kewaune
Slide 15: Historical Financials
Historical Financials Consistent Revenue and Backlog Generating Revenue Internationally Revenue Backlog Domestic International $173.9M $168.9M $126.9M $115.1M $147.5M $147.5M $111.0M $114.5M $100.9M $42.0M $36.5M $32.4M FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 Kewaunee Scientific Corporation | NASD
Slide 16: Historical Financials
Historical Financials Net Loss Diluted EPS Annualized Dividend $(3.7) $0.38 $(4.7) $(1.33) $(1.70) $(6.1) $(2.20) $0.00 $0.00 FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 FY2020 FY2021 FY2022 Kewaunee Scientific Corporation | NASDAQ: KEQU 16
Slide 17: Financials – Fourth Quarter, QTD FY 2022
Financials – Fourth Quarter, QTD FY 2022 Revenue Diluted EPS Net Earnings (Loss) $49.7M $38.7M (-$0.13) (-$0.4M) (-$3.0M) (-$1.08) 4Q FY21 4Q FY22 4Q FY21 4Q FY22 4Q FY21 4Q FY22 Kewaunee Scientific Corporation | NASDAQ: KEQU 17
Slide 18: Balance Sheet
Balance Sheet ($000’s) As of April 30, 2022 As of April 30, 2021 As of April 30, 2020 Cash, Cash Equivalents & Restricted Cash $6,894 $5,731 $5,215 Total Assets $118,773 $89,384 $83,929 Total Liabilities $82,593 $47,897 $45,226 Total Stockholders’ Equity $36,180 $41,487 $38,703 Total Liabilities & S
Slide 19: Kewaunee Scientific Corporation
Kewaunee Scientific Corporation NASDAQ: KEQU Encouraging new discovery… Worldwide
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