Richardson Electronics, Ltd. · NASDAQ:RELL
Richardson Electronics — Investor Day (October 2022)
11 slides from Richardson Electronics's investor day presentation, Oct 11, 2022
Slide 1: Richardson Electronics Investor Visit and Tour
Richardson Electronics Investor Visit and Tour LaFox, IL October 11, 2022
Slide 2: Forward Looking Statement
Forward Looking Statement This overview includes certain “forward-looking” statements as defined by the Securities and Exchange Commission. Statements regarding the Company’s business which are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a di
Slide 3: Agenda
Agenda 10:00 a.m. Welcome and Introductions – Wendy Diddell 10:10 a.m. Business Overview and Q1 Highlights – Ed Richardson 10:30 a.m. Facility Tour – Greg Kinney and Dan Erickson Noon Lunch/Q&A Session – All 1:30 p.m. Closing Remarks – Ed Richardson 3
Slide 4: Introductions
Introductions • Ed Richardson, CEO • Bob Ben, CFO • Greg Peloquin, EVP and GM, PMT and Green Energy Solutions • Greg Kinney, SVP, LaFox Operations and Manufacturing • Dan Erickson, Director, Richardson Healthcare Engineering and Manufacturing • Jeff Kerner, Business Unit Manager • Brian Gumino, New
Slide 5: Ed Richardson, Chief Executive Officer
Ed Richardson, Chief Executive Officer 5
Slide 6: Our Business Units
Our Business Units 6 Power & Microwave Green Energy Solutions Healthcare Canvys Technology (PMT) (GES) o TTM Revenue: $160.4 million o TTM Revenue: $28.5 million o TTM Revenue: $12.4 million o TTM Revenue: $37.2 million o Power grid and microwave o Designs and manufactures key o CT and MRI replaceme
Slide 7: Q1 Highlights
(in millions except Earnings Per Share Diluted) Q1 Highlights Net sales $ Q1 FY23 67.6 $ Q1 FY22 53.7 Cost of sales 44.6 37.4 • 9th consecutive quarter of revenue growth Gross margin 23.0 16.3 gross margin % 34.1% 30.3% • Sales were $67.6 million up 26% over Q1 FY22 SG&A expenses 14.2 13.5 • Backlog
Slide 8: Green Energy Solutions
Green Energy Solutions • Identify revenue and margin Q1 2022 Green Q1 2022 Q1 2023 Green Q1 2023 from Green Energy Solutions Energy PMT Energy PMT Net Sales 2,574,037 40,435,000 8,511,420 45,354,000 • Sales transferred from PMT: Gross Margin 744,329 12,187,000 3,022,004 15,535,000 Gross Margin % 28.
Slide 9: Key Engineered Solutions
Key Engineered Solutions Product Applications Key Customers • Nextera • Power Management • Enel • Green Energy • Invenergy • Wind Turbines • 14 other owner operators… ULTRA3000® (Patented) • Progress Rail (Caterpillar) • Union Pacific Railroad • Power Management • Long Island Railroad • Green Energy
Slide 10: Key Engineered Solutions
Key Engineered Solutions Product Applications Key Customers • Measures the Voltage Within ULTRA3000® Modules • All owner operators of GE wind turbines Resistor Shunt • Synthetic Diamond Manufacturing • All Synthetic Diamond Manufacturers YJ1600 • LAM • Semiconductor Wafer-Fab Manufacturing • MKS SiR
Slide 11: Thank you for your support
Thank you for your support We are on our way A Legacy of Engineered Solutions. A Future of Innovation.