Swisher Hygiene — Shareholder Meeting (May 2014)
19 slides from Swisher Hygiene's shareholder meeting presentation, May 15, 2014
Slide 1: 2014 Annual Meeting of Stockholders
I SWISHER May 15, 2014 SWISHER 2014 Annual Meeting of Stockholders
Slide 2: Forward Looking Information
FORWARD LOOKING INFORMATION This presentation includes financial forecasts, projections and other forward- looking statements regarding Swisher Hygiene Inc., its business and prospects. This forward-looking information is based on management assumptions and expectations which, while considered reaso
Slide 3: Swisher is a service company delivering comprehensive hygiene solutions
Fed smsicr SERVICE Swisher is a service company delivering comprehensive hygiene solutions. Our customers depend on us to keep their business running. What we do matters to millions of consumers on a daily basis — helping create the cleanest and healthiest environments.
Slide 4: Our solutions cater to a broad range of end users
Our solutions cater to a broad range of end users, 00660 primarily to the foodservice, hospitality, healthcare and retail markets. Lodging Longtterm Care cruise —— Retail Quick Service Restaurant casino Convenience stores Fed smsicr 4
Slide 5: Comprehensive line of products, warewashing equipment and dispensing systems
Comprehensive line of products, warewashing equipment and dispensing systems. Housekeeping Floor Care Werewash Equipment Restroom Sanitation Sé i ae €2|\7 Fed smsicr
Slide 6: Manufacturing High Quality, Effective Products
Manufacturing HIGH QUALITY, EFFECTIVE Products FEF swisner
Slide 7: Regionally focused in markets with strong capabilities
Regionally focused in markets with strong capabilities. Manutocturng Pants Primacy @ Fedstrbition Locations Fed smsicr
Slide 8: Strategy
STRATEGY Service, People & Profitable Growth » On time, all the time » Focus in markets with strong | capabilities » Sales Through Service Best service, delivery, product solutions, manufacturing and where we can command the fairest price » Field-driven management » Distributor growth in key markets
Slide 9: Revenue
OPERATING TRENDS Revenue Revenue - Year over Year Revenue Comparison (Excludes Assets Held for Sale) : : 10.0% “12.0% 14.0% 212013 022013 03 2013 942013 ai 2014 mY/ Revenue Y/Y Product Revenue Fed smsicr
Slide 10: Cost of Goods Sold
OPERATING TRENDS Cost of Goods Sold Cost of Goods Sold (as % of Reported Revenue) 47.0% 46.5% 46.0% 45.5% 45.0% 44.5% 44.0% 43.5% 43.0% 425% 42.0% 41.5% 12013 022013, 932013 942013 12014 Fed smsicr
Slide 11: Route Expenses
OPERATING TRENDS Route Expenses Fed smsicr 14,000 13,500 13,000 12,500 32,000, 11500 11,000 10,500 Route Expense ($000's) a1 2013 22013 93 2013, 982013 12014
Slide 12: SG&A Expenses
OPERATING TRENDS SG&A Expenses Fed smsicr 29,000 27,000 25,000 23,000 21,000 19,000 17,000 868 ($000's) 12013 22013 932013 942013 12014
Slide 13: Capital Expenditures
OPERATING TRENDS Capital Expenditures Capital Expenditures ($000's)
Slide 14: Cash Usage Improvement
OPERATING TRENDS Cash Usage Improvement Fed smsicr Cachflow Summary Operating Cash (Continuing Operations) Discontinued Operations Capital Expenditures Debt Payments Assets Held for Sale Total Cash Used $ 723,483 $ (1,987,000) $ (1,948,741) $ (1,182,000) $ 462,258 $ 000) First Quarter 2014 10-0 4"
Slide 15: Adjusted EBITDA
OPERATING TRENDS Adjusted EBITDA ‘Adjusted EBITDA ($000's) (2,500) (5,000) (7,500) (20,000) (22,500) ~ Fed smsicr ~ a 212013 022013, 932013 Adjusted EB:TDA 942013 12014
Slide 16: Summary
SUMMARY » Growth potential exists in a $30 billion industry » Progress accelerating on our plans to enhance service, improve customer profitability, reduce expenses and win new business » Core chemical revenue base is stabilizing and total revenue is trending toward positive year over year results »
Slide 17: Expectations
EXPECTATIONS » Business stabilizes in first half of 2014 » Continue progress towards quarterly profitability for the remainder of 2014 » Positive annual Adjusted EBITDA and cash flow for fiscal 2015 Fed susie
Slide 18: Contact Information
SWISHER CONTACT INFORMATION: SWISHER INVESTOR SERVICES (704) 602-7116 INVESTORRELATIONS@SWSH.COM
Slide 19: Appendix: Adjusted EBITDA
‘APPENDIX: ADIUSTED EBITDA FOR THE YEAR 2013 BY QUARTER AND FIRST QUARTER 2014 [$000s) a a a Co a 2013 2013 2013 2013 2014 Net loss $ (17,240) $ (14,885) $ (13,192) $ (105,215) $ (13,792) Incometax expense 427 aL 558 (3820) 37 Depreciation andamortization expense 5,049 5503 5538 5A23 5,59 Interest e