Sono-tek Corporation · NASDAQ:SOTK
Sono-tek — Investor Summit Micro Cap Conference (May 2022)
25 slides from Sono-tek's conference presentation, May 3, 2022
Slide 1: Sono-Tek Corporation (Nasdaq: SOTK)
SONO:T6K ieee Ee Nasdaq: SOTK
Slide 2: Safe Harbor Statement
Safe Harbor Statement Nasdaq: SOTK This presentation contains forward-looking statements within the meaning of safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties, and other factors that could cause the actual
Slide 3: Overview
Overview Nasdaq: SOTK sen eaten nthe decions | Market Data 4/25/2022 . ; Market Data - 4/25/2022 world leader in the design and SULSIIENEIS 2/226 manufacture of ultrasonic coating a SOTK systems for depositing precise, price $5.68 thin film coatings. fe Mocs TUG $2.67 - $9.49 Market Cap $88 M The ma
Slide 4: Nasdaq Uplisting
Nasdaq Uplisting Nasdaq: SOTK Uplisted to Nasdaq on 8.27.21 Ultrasonic Coating Solutions Yaaro yl Nasdaq A Ym *), ™ = Photography Courtesy of Nasdaq Inc. SOTK Joins Nasdaq SONO:TEK Corporation www.sono-tek.com
Slide 5: Welcome Shareholders
Welcome Shareholders Nasdaq: SOTK T ream 3 Dr. Chris Coccio Chairman & CEO Steve Harshbarger President & COO Bennett Bruntil VP, Sales ‘i Marketing Robb Engle SONO:TEK Corporation www.sono-tek.com Executive & Senior Management Stephen B Chief Fnaneiel oer Chris Cichetti VP, Applications Engineering
Slide 6: Mission Statement
— Nasdaq: SOTK Mission Statement mene OUR MISSION IS TO PROVIDE * Precision thin film coating equipment SOLUTIONS Outstanding application expertise Worldwide application and service support Continued advances to our TECHNOLOGY and platforms Growth and shareholder value Continue to Create New Applica
Slide 7: Ultrasonic Coating Technology
Ultrasonic Coating Technology oS Ultrasonic nozzle systems use high frequency ultrasonic vibrations to atomize liquids into uniform micron-sized drops for PA a wide variety of surfaces. cS) ATOMIZING LIQUID FEED CHANNEL Patented Software SURFACE + Firmware + Electronics + Precision hardware my ELECT
Slide 8: Ultrasonic Coating Advantages
Ultrasonic Coating Advantages Reed oqusOre GLASS APPLICATION Advantages Becoming Broadly Recognized More cost-effective and simpler than alternative coating methods: ¢ Dramatic reductions in overspray with reduced emissions ¢ Large cost savings \ ¢ Improved process repeatability ; : ¢ High precision
Slide 9: A Changing Climate, in Business & the Environment
A Changing Climate, in Business & the Environment Resales US. NEWS Nearly 80 Wildfires Burning in 13 States Sono-Tek’s coating equipment helps drive solutions to ' : today’s biggest Sete rv ye ad a eds Up Blectric Pu challenges. Merce eon ‘weather has also made of 6 pam. Wednesd hee Bis ea Neat Inte
Slide 10: Technology for Industry Advancements that Create a Better World
Technology for Industry Advancements that Create a Better World — Yasdaq: SOTK Addressing Major Global Themes and Disruptive Generational Changes “nae @QS@O “wom SQVGSO Clean Energy 3 @Gos SONO:TEK Corporation www.sono-tek.com
Slide 11: Strong Revenue, Gross Margin & Income
7 Nasdaq: SOTK Strong Revenue, Gross Margin & Income — FYE - Feb 28 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022* *FY2022 Preliminary Excellent Results During a Challenging Year with COVID SONO:TEK Corporation www.sono-tek.com
Slide 12: Excellent Balance Sheet with ZERO debt
Nasdaq: SOTK Excellent Balance Sheet with ZERO debt FYE - Feb 28 Cash & Cash Equivalents Stockholders’ Equity Total Debt S$ in Millions i $in Millions $ in Millions FY2017 FY2018 FY2019 FY2020 FY2021 FY2017 FY2018 FY2019 FY2020 FY2021 Cash & Equity at All Time Highs SONO:TEK Corporation www.sono-tek
Slide 13: Steve Harshbarger, President & COO – Investor Summit Micro Cap Conference
Steve Harshbarger President & COO Investor Summit Micro Cap Conference SONO+sTEK Corporation Nasdaq: SOTK
Slide 14: Successful Strategies are Driving Growth
Successful Strategies are Driving Growth Nasdaq: SOTK Ongoing Strategic Shift Focused On: * Providing full system solutions * Enhancing applications engineering and process expertise * Increasing capabilities to deliver custom engineered products * Expanding product line with higher value machines *
Slide 15: Diversified Products, Markets & Geography
Diversified Products, Markets & Geography Product* Market* 5% @ ELECTRONICS MEDICAL lm ALTERNATIVE ENERGY lm INTEGRATED COATING SYSTEMS = INDUSTRIAL FLUXING SYSTEMS EMERGING R&D & OTHER *Percentages Based on Preliminary Unaudited FY2022 Sales of $17.1 Million SONO:TEK Corporation www.sono-tek.com m
Slide 16: Outlook for Diversified Markets
Outlook for Diversified Markets MARKET Electronics & Microelectronics Industrial Emerging R&D SONO:TEK Corporation APPLICATIONS punted circuit boards Sen Implanted medical devices Blood collection tubes Nasdaq: SOTK TLOOK FOR GROWTH Worldwide demand for iced semiconductor chips with smaller size and
Slide 17: Coating Equipment Market Share
Coating Equipment Market Share GENERAL COATING EQUIPMENT MARKET ~$8B/yr - Hundreds of Competitors i = Ultrasonic Coating Other Coating Technologies include: CVD ALD Jetting Roller SOTK is focused on expanding Slot Die the ultrasonic share of Screen Print the general coating Air Atomizer equipment ma
Slide 18: Expanding Established Addressable Markets
Nasdaq: SOTK Expanding Established Addressable Markets ae Products to Enhance creeies ° ced robotic coating platfor . sophisticated product handling syste ¢ Pre and post coating process statio * Fully automated, custom engineered solutions with accelerating ASPs SONO-TEK Corporation www.sono-tek.com
Slide 19: Capturing New Emerging Markets
Capturing New Emerging Markets Nasdaq: SOTK Introduction of Coating Solutions for Technology Advancements that Address Major Global Challenges ¢ Electrolyzers for fuel cells, CO2 reduction, hydrogen generation ¢ EMI shielding Clear laser welding Electrostatics Adding New Growth Initiatives at an Acc
Slide 20: FY 2022 Emerging Markets Additions
FY 2022 Emerging Markets additions ee ears Fuel Cell Roll-to-Roll Development Program ¢ Strategic partnership with roll-to-roll experts in high volume fuel cell applications ¢ Combined expertise will allow for accelerated product development ¢ Expansion of product offering to meet emerging market de
Slide 21: Sono-Tek Coating Services
. . Nasdaq: SOTK Sono-Tek Coating Services arent Contract Coating & Process Application Optimization Service to Generate Revenue ¢ Significantly increases our “Value Add” to the customer iain Diff iates SOTK f changes from ifferentiates rom Vendor - Customer competitors to Partners Increases custome
Slide 22: Strong Increase in Results First 9 Months FY2022
Strong Increase in Results First 9 Months FY2022 vamaaaaiii First 9 Months FY2022 & FY2021 Year-Over-Year Comparison FY2021 FY2022 FY2021 FY2022 FY2021 FY2022 *FY2022 excludes PPP loan forgiveness SONO:TEK Corporation www.sono-tek.com es
Slide 23: Strong Outlook for FY2023
Strong Outlook for FY2023 Resdaq: 200k FYE - Feb 28 Revenue (in millions) ¢ FY2022 preliminary revenue results of $17.1M - up 16% year-over-year * Greater than 15% year-over-year ——————— a lee revenue growth projected for Q!1 FY2023 * FY2023 projected to be highest annual sales in company history Be
Slide 24: Key Take-Aways
Key Take-Aways Nasdaq: SOTK Global Market Trends Where Sono-Tek is Gaining Market Share Unprecedented Advanced Medical Devices Climate Action, Demand Semiconductor Demand & Diagnostics for CO2 Reduction Key supplier of proprietary next Established leader in rapid SOTK technology is being generation
Slide 25: Thank You
Thank You Contact Info: Dr. Christopher Coccio Steve Harshbarger SONO-TEK Corporation www.sono-tek.com Nasdaq: SOTK
Sono-Tek — Investor Summit Micro Cap Conference (May 2022) on 6ix