Lgl Group, Inc. (the) · AMEX:LGL
Lgl Group, Inc. (the) — Investor Presentation (May 2023)
14 slides from Lgl Group, Inc. (the)'s investor presentation, May 17, 2023
Slide 1: Investor Update Webinar May 3, 2023
The LGL Group, Inc. (NYSE MKT: LGL) Investor Update Webinar May 3, 2023
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 Agenda and Presenters
Corporate Snapshot Agenda Review of the Company Preview of the Forward Template Presenters Marc Gabelli Chairman and CEO Tim Foufas Director and Incoming CEO Patrick Huvane EVP Finance James Tivy Chief Accounting Officer Laying the foundation for profitable growth
Slide 4: Corporate Snapshot
Corporate Snapshot LGL Group is a NYSE Publicly traded corporation Formed in 1917 IPO in 1946 Long History of Investments and Reorganizations as an investor in and developer of companies in various industries including financial services, industrial manufacturing, transportation, & communications. P
Slide 5: Corporate Snapshot: Operating Flexibility
Corporate Snapshot Operating Flexibility Net cash position, no debt, profitable, new business initiatives Strong Operating Platform: PTF YoY Revenue 14.5% growth Major contract win from Leonardo-DRS for new Aircraft Carrier Closed India contract expanding into market as “Made in India” supplier Reva
Slide 6: Why LGL Group? Long Term Value Drivers
Long Term Value Drivers Strong Network Effects To Grow Value Why LGL Group? Value Creation Heritage History of making disciplined, strategic acquisitions, capital expansions and partnerships Since 1985, acquired 32 businesses, sold 11, and spun off 3
Slide 7: Strategic Plan: Broaden Business Franchise
Strategic Plan Broaden Business Franchise Expand PTF engineering excellence within time and frequency market Seek to leverage core strength as engineering leader to expand client access and add new capabilities and continue to deepen product offerings Employ organic R&D, strategic partnerships, JVs
Slide 8: Strategic Plan: Direct M&A, Lift-Outs and Tuck-Ins
Strategic Plan Direct M&A, Lift-Outs and Tuck-Ins Undervalued companies in Graham & Dodd tradition Tuck-in opportunities for portfolio companies including PTF expansion Assemble talented management teams, make strategic follow-on acquisition & raise expansion capital Deal Criteria: EBITDA $5-15mm St
Slide 9: Portfolio Subsidiary: PTF
Founded in 2002, Acquired in 2016 3,000 sqft manufacturing facility, Wakefield, MA Designs, manufactures, and markets time and frequency instruments Serves computer networking, satellite ground stations, electric utilities, broadcasting, telecommunication systems, and metrology. Time & Frequency Mar
Slide 10: Condensed Balance Sheet
Condensed Balance Sheet (in 000s) ASSETS: (Cash and Cash Equivalents $ pain Other: est of coined Opens Total Assets ABILITIES: ‘Accounts Payable ‘Accrued Expenses and Other Payables Other Liabilities abilities of Discontinued Operations Total Liabilities Stockholders’ Equity Audited 2022
Slide 11: Condensed Income Statement
Condensed Income Statement (in 000s) /ENUES Operating Revenues let Investment Income investment in unconsolidated subsidiary Total Revenues EXPENSES “Manufacturing Cost of Sales, Engineering, Selling and Administrative Expenses: Total Expenses 3 (6406)
Slide 12: Corporate Snapshot Summary
Corporate Snapshot Summary NYSE Listed Micro Cap Pure Play Long History of Value Building Operating Investments Positioned for Expansion PTF Time and Frequency Instrumentation Platform
Slide 13: Thank You / Questions
Thank You Questions Please see full disclosures. All points in discussions are estimates.
Slide 14: Contact Information
Contact Information Visit us: www.lglgroup.com Contact us: Investor Relations e-mail: info@LGLGroup.com Voice: (407) 298-2000