Lgl Group, Inc. (the) · AMEX:LGL
Lgl Group, Inc. (the) — The LGL Group — The Micro Cap Conference 2024
14 slides from Lgl Group, Inc. (the)'s conference presentation, Jan 31, 2024
Slide 1: The LGL Group, Inc. – The Micro Cap Conference
The LGL Group, Inc. (NYSE MKT: LGL) The Micro Cap Conference January 31 – February 1, 2024
Slide 2: Safe Harbor Statement
Safe Harbor Statement Information included or incorporated by reference in this presentation may contain forward-looking statements. This information may involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially d
Slide 3: Corporate Snapshot
Corporate Snapshot LGL Group is a NYSE Publicly traded Micro Cap corporation (“LGL”) Ø Formed in 1917 Ø IPO in 1946 Ø Since 1985, acquired 32 businesses, sold 11, and spun off 3 ü 2022 Spin of MPTI at ~$13 with recent high $43 Ø Value Creation Heritage with NYSE governance Current LGL Profile q 5.35
Slide 4: Case Study: Mtron Industries
Case Study: Mtron Industries Delivered to Shareholders: Separation at $13 per share to recent high $43 ~ $115mm market cap SPIN OFF: October 7, 2022 (NYSE – MPTI) Creating standalone Aerospace and Defense frequency control engineering pure play Develop and Deliver 4
Slide 5: Portfolio Subsidiary: Precise Time and Frequency (PTF)
a Portfolio Subsidiary PTF Precise Time and Frequency.LLC Precise Time and Frequency, LLC (PTF) Manufacturing ¢ Founded in 2002 Corporate HQ ¢ Focus on Developing Systems for High-performance Wakefield, Mass. frequency and time reference standards ¢ $*700 million TAM with 6.2% CAGR from 2020 to 2027
Slide 6: Financials
: Financials September 30, December 31, 2023 (unaudited) 2022 ASSETS Current Assets: Cash and cash equivalents $ 40,777 $ 21,507 Marketable securities 22 16,585, Accounts receivable, net of reserves of $58 and $86, respectively 273 543 Inventories, net 191 265 Prepaid expenses and other current asse
Slide 7: Financials
Revenues: Net sales Interest income Investment (loss) income Total revenues, net of investment (loss) income Expenses: Manufacturing cost of sales Engineering, selling and administrative Total Expenses Income (loss) from continuing operations before income taxes Income tax expense (benefit) Net inco
Slide 8: Develop and Deliver
Develop and Deliver Ø History of making disciplined, strategic acquisitions, capital expansions and partnerships Ø Various industries; financial services, industrial manufacturing, Since 1985 transportation, & communications….more to come….. ü 32 Acquisitions ü 11 Sales ü 3 Spin-Offs Operating SPV’s
Slide 9: Key Distinctiveness
Key Distinctiveness Access team’s Proven track unique global record in Public relationships Market and across multiple Private Equity sectors 1 2 Focus on Well balanced Team of professionals 6 3 companies with foundation to scale Leverage on 5 4 Proprietary an impressive investment network for metho
Slide 10: Focus on Companies with Foundation to Scale
Focus on Companies with Foundation to Scale Key Industry Traits Key Company Traits Deal • Compelling long-term • Significant barriers to entry Flow fundamentals • High recurring revenue • Attractive industry structure Ideal • Operational improvement - Limited competition or Target opportunities Char
Slide 11: Team & Partners
Team & Partners Network of Experience § Team non-fiduciary partners dedicated to the development of successful investments § Provide discretionary corporate and market assistance for operations, access, management and plans for growth § Diversity of experiences to enhance bench strength with executi
Slide 12: Corporate Snapshot
Corporate Snapshot Summary Ø NYSE Listed Micro Cap Ø Long History of Delivering Value Ø Positioned for Expansion Ø PTF Time and Frequency Instrumentation Platform 12
Slide 13: Questions
Thank You Questions Please see full disclosures. All points in discussions are estimates. 13
Slide 14: Contact Information
Contact Information Visit us: www.LGLgroup.com Contact us: Tim Foufas Investor Relations info@LGLgroup.com (407) 298-2000 14