Radiant Logistics, Inc. · AMEX:RLGT
Radiant Logistics — Stephens 2015 Fall Investment Conference
19 slides from Radiant Logistics's conference presentation, Nov 13, 2015
Slide 1: Stephens 2015 Fall Investment Conference
(NYSE-MKT: RLGT) Stephens 2015 Fall Investment Conference
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation and discussion includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, and such statements are subject to the safe harbor created
Slide 3: Radiant Logistics – Investment Highlights
Radiant Logistics – Investment Highlights Leading Non-Asset Based Multi-Modal 3rd Party Logistics (3PL) Provider Low capital intensity offers strong cash flow and return characteristics Significant flexibility in responding to changing industries and economic conditions Dense Geographical Footprint
Slide 4: Company History
Company History Radiant has significant experience executing and integrating attractive acquisition targets, and has built a strong network brand portfolio Radiant Acquisition History ALBS Logistics $12MM $60MM $92MM $25MM $20MM $28MM Incremental Revenues: ISLA Intl Phoenix Cartage//Don Cameron & As
Slide 5: Diversified Customer Base
Diversified Customer Base Over 10,000 individual customers No single agency station accounts for more than 2% of net revenues Top 5 agency stations account for less than 10% of net revenues Top 10 customers account for less than 15% of net revenues Best in class customer service Aviation & Automotiv
Slide 6: Strategic Direction – The "Gray Transition"
Structural changes within the freight forwarding community, resulting from industry deregulation in the 1970s and the natural “graying” of industry pioneers, provide an opportunity to support the logistics entrepreneur in transition Uniquely positioned to bring value to the logistics entrepreneur Le
Slide 7: Strong and Consistent Financial Growth
Strong and Consistent Financial Growth Since its inception, Radiant has delivered impressive and consistent revenue and EBITDA growth Gross Revenue Adjusted EBITDA and Adjusted EBITDA as a % of Net Revenues(1) 38% CAGR Note: Revenue and EBITDA represent fiscal year data ending June 30th , 2016E repr
Slide 8: Strong Track Record of Profitable Organic Growth; Wheels
Strong Track Record of Profitable Organic Growth Double digit organic revenue growth since 1988 (18% with acquisitions; 14% organic) Broad Intermodal and Truck Brokerage Capabilities in the U.S. and Canada Non-asset based business model with a leading position in Canada and a significant footprint i
Slide 9: Wheels: Transaction Rationale
Wheels: Transaction Rationale Combined Service Verticals Broadens geographic reach and product service offering to customers Provides greater growth opportunities from both cross-selling and acquisition perspectives Further diversifies customer base (by industry, by market, by mode and service, and
Slide 10: Management Team
Management Team Bohn Crain Founder & CEO Founder, Chairman and CEO of Radiant since October 2005 20 years of industry and capital markets experience in transportation and logistics, including over 10 years at CSX Bachelor of Business Administration (Accounting) from the University of Texas Todd Maco
Slide 11: Summary Financial Guidance
Summary Financial Guidance
Slide 12: Adjusted Net Income and EPS Projections for FY 2016
Adjusted Net Income and EPS Projections for FY 2016(1) (1) 2016 Net Income and Adjusted Net Income guidance will be updated in connection with the reporting of results for the quarter ended September 30, 2015 on or about November 16, 2015. (in thousands, except for earnings per share) (1) (1)
Slide 13: Adjusted EBITDA Projections for FY 2016
Adjusted EBITDA Projections for FY 2016(1) (in thousands) (1) (2) (1) (1) 2016 Net Income, EBITDA and Adjusted EBITDA guidance will be updated in connection with the reporting of results for the quarter ended September 30, 2015 on or about November 16, 2015.
Slide 14: Summary of $51.75 Million Common Stock Offering
Summary of $51.75 Million Common Stock Offering Issuer Radiant Logistics Inc. Exchange: Ticker NYSE-MKT: RLGT Shares Offered 6,666,667 shares (80% primary / 20% secondary), or approximately $45.0 million(1) Underwriters’ Option 15.0% (80% primary / 20% secondary), or 1,000,000 shares and $6.75 milli
Slide 15: Understanding our Debt
Understanding our Debt (Dollars in Millions) estimated as of 9.30.15 Senior Credit Facilty ” $ - Other Debt Term Loan (IAM)- $29M CAD or $21.7M USD 27 Sub-debt (Aleenta/Tangle) 25.0 Earn-Out Obligatior 19 Lease termination 4 other 3.4 Total Debt”! 52.0 Cash and cash equivalents (estimated 9.30.15 ba
Slide 16: Valuing our Stock
Valuing our Stock (Dollars in Millions) @10x @12x @ux Normalized Run-Rate EBITDA (iow end ofrange) 30.0 30.0 30.0 Valuation Multiple (10x-14x) 10x 12x 1x Enterprise Value 300.0 360.0 420.0 Less: Debt, net of cash (42.0) (42.0) (42.0) Redeemable Perpetual Preferred (21.0) (21.0) (21.0) Value of Commo
Slide 17: Leveraging the Platform to Create Shareholder Value
Leveraging the Platform to Create Shareholder Value
Slide 18: Investment Highlights
More than 160 locations across North America: 33 Company owned locations 130 Agency owned locations Dense Geographical Footprint Radiant serves over 10,000 individual customers No single agency station accounts for more than 2% of net revenues Highly Diversified Customer and Agent Base Radiant conti
Slide 19: Thank You
THANK YOU It’s the Network that Delivers! ®
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