Slide 1: IEH Corporation (IEHC) Presentation for Planet MicroCap Showcase
IEH Corporation (IEHC) Presentation for Planet MicroCap Showcase 4/23/25 Dave Offerman President, CEO www.iehcorp.com
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation may contain forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or IEH`s future financial performance. Any statements that are not statements of historical fact
Slide 3: Hyperboloid Connectors and Contacts
Hyperboloid Connectors and Contacts
Slide 4: Agenda
- Company History - Whatis Hyperboloid ~IEH Products - Markets Served ~ Historical Financial Performance -IEH Today - Opportunities/Challenges/Going 4 Forward ad
Slide 5: History: Founded in 1941
HISTORY - Founded in 1941 by Louis Offerman - Located in SoHo, NYC - Originally made tools, dies and gauges for the Army during WWII Louis Offerman and his son Bernard, 1917 Louis and Bernard at IEH, 1941 Louis Offerman and his son Bernard, 1917 Louis and Bernard at IEH, 1941
Slide 6: History: Tube sockets and going public
HISTORY - Late 1940’s, began manufacturing tube sockets for consumer electronics industry - Changed name to “Industrial Hardware”, and went public July 29, 1954
Slide 7: History: CRT sockets in the 1960s
HISTORY - 1960’s - business evolved from tube sockets to transistor and cathode ray tube (CRT) sockets - By 1970’s IEH was the largest CRT socket manufacturer in the world, making 70M sockets per year Louis Offerman and his two sons Bernard and Seymour at IEH, 1965
Slide 8: History: Hyperboloid license
HISTORY Late 60’s - IEH purchased a non - exclusive license to produce Hyperboloid contacts, from FRB, and achieved qualification to the military specification for PCB connectors.
Slide 9: History: Military PCB connectors
HISTORY Late 70’s through 1990’s - IEH business in military PCB connectors took off, due to customer demand for lower insertion forces. Product offering has grown from there, driven by customer demand and market determinations. Seymour Offerman, then President of IEH, with his nephew Michael Offerma
Slide 10: History: Move to Brooklyn
HISTORY 1990s IEH moves from Manhattan to Brooklyn, and expands our product lines. Brooklyn Army Terminal, IEH’s headquarters since 1992
Slide 11: Generations of Family Run, USA Made
84 years and 4 Generations of Famil y - Run, USA - Made 2000’s – Present IEH continues to be one of the world’s leading producers of Hyperboloid connectors and contacts, and continues to diversify and expand product offerings Former President and CEO Michael Offerman and his son, IEH’s current Presi
Slide 12: What is Hyperboloid Technology
What is Hyperboloid Technology
Slide 13: The Hyperboloid contact design
The Hyperboloid contact is an advanced design that satisfies performance requirements previously considered impossible. Unique in concept, it is used in connectors having the highest standards of performance. The distinguishing feature of the Hyperboloid socket is the hyperboloid - shaped sleeve for
Slide 14: Hyperboloid advantages
- Low Insertion/Extraction Forces - Impervious to Shock & Vibration - Higher Current - Carrying Capacity - Longer Life
Slide 15: IEH Products: PCB Connectors
IEH Products PCB Connectors a
Slide 16: IEH Products: Power and Signal Contacts
IEH Products Power and Signal Contacts
Slide 17: IEH Products: Custom Interconnects and Flex/Cable Assemblies
IEH Products Custom Interconnects and Flex/Cable Assemblies
Slide 18: IEH Products: High-Speed Connectors
IEH Products High - Speed Connectors
Slide 19: IEH Products: Modular Hybrid Connectors
IEH Products Modular Hybrid Connectors
Slide 20: Some of our Applications
Some of our Applications • Avionics Platforms • Engine Control Systems • Missiles and Torpedoes • Guidance Systems • Vehicular Electronics • Satellites • Rocket Launchers • Down - hole drilling equipment • Medical Devices • Industrial and Environmental Controls • Hand Held devices • Test Equipment •
Slide 21: Sector Distribution as of 12/31/24
Sector Distribution as of 12/31/24 Defense Commercial Aerospace Space Other
Slide 22: Market Distribution as of 12/31/24
Market Distribution as of 12/31/24 US International
Slide 23: IEH Revenue Fiscal 2004-2025
0 5000 10000 15000 20000 25000 30000 35000 40000 IEH Revenue Fiscal 2004 - 2025* (in thousands)
Slide 24: Notes on Revenue
Notes on Revenue 18 years of steady, profitable, debt - free growth, until…. Two Consecutive Black Swan Events… - Boeing 737MAX twin crashes and subsequent worldwide grounding, affecting 7 - 10% of IEH revenue - COVID - 19, air travel declines 90% in one week, affecting another 25% of IEH revenue -
Slide 25: Boeing recovery, defense spending, commercial space
IEHCORP.COM Since then - SLOW Boeing recovery - Defense Spending accelerating - Commercial Space Launch business “taking off”
Slide 26: Revenue recovery after 45% decline
After a 45% decline from FY2021 - 2023, revenue has since recovered 47%*, and on track for 3 rd best year ever * Fiscal 2025 projection
Slide 27: SAP Migration Issue and SEC Notice
SAP Migration Issue and SEC Notice - Inventory discrepancy when moving from legacy MRP to SAP platform, impeding financial reporting from fiscal years 2021 - 2023 - SEC sent notice threatening to delist Aug 2022 - May 2023 IEH files “Super - 10K”, covering fiscal years 2021 - 2023, and has filed eac
Slide 28: Moving Forward
Moving Forward….
Slide 29: Market Recovery and Sector Growth
Market Recovery and Sector Growth Defense Market Resurgence Boeing accelerating production Airbus increases Commercial Space Launch ascendant
Slide 30: Strategic Diversification Beyond Two Baskets
Strategic Diversification Beyond “Two Baskets” - Further Expansion into Medical Devices, Industrial Applications - Continuing to drive growth in Commercial Space
Slide 31: Marketing and Product Development Initiatives
Marketing and Product Development Initiatives Enhanced Marketing Significantly increased marketing budget with a new firm to drive market penetration and brand awareness across target industries. Digital Presence Implementing Search Engine Optimization (SEO) and visual changes to our website, comple
Slide 32: Operational Improvements
Operational Improvements Inventory Management Rigorous tracking to ensure inventory aligns with sales while remaining as low as possible Pricing Strategy Aggressive price increases to offset inflationary pressures and improve margins Workforce Optimization Leaner labor force with improved efficiency
Slide 33: IEH Revenue Fiscal 2019-2024
0 5000 10000 15000 20000 25000 30000 35000 40000 2019 2020 2021 2022 2023 2024 2025 (Projected) IEH Revenue Fiscal 2019 - 2024 (in thousands)
Slide 34: IEH Net Income 2019-2025
IEH Net Income 2019 - 2025* $(7,000,000.00) $(6,000,000.00) $(5,000,000.00) $(4,000,000.00) $(3,000,000.00) $(2,000,000.00) $(1,000,000.00) $- $1,000,000.00 $2,000,000.00 $3,000,000.00 $4,000,000.00 2019 2020 2021 2022 2023 2024 First 9 months of 2025 *First Nine Months of FY2025
Slide 35: Cash as of April 1
0 2000 4000 6000 8000 10000 12000 14000 16000 2019 2020 2021 2022 2023 2024 2025 Cash as of April 1
Slide 36: IEHC Share Price
IEHC Share Price 0 5 10 15 20 25 2019 2020 2021 2022 2023 2024 2025
Slide 37: Revenue, Cash, Share Price and Net Income
IEH Revenue 0 2000 4000 6000 8000 10000 12000 14000 16000 2019 2020 2021 2022 2023 2024 2025 Cash IEHC April 1 Share Price 0 5 10 15 20 25 2019 2020 2021 2022 2023 2024 2025 0 10000 20000 30000 40000 2019 2020 2021 2022 2023 2024 2025… IEH Net Income 2019 - 2025* $(8,000,000.00) $(6,000,000.00) $(4,
Slide 38: Recap
Recap…. - 15+ years of steady, year - over - year profitable, debt - free growth - 3 difficult years - Recovery fully underway Cash growing Markets improving Revenue increasing
Slide 39: Moving Forward
Moving Forward… - Market Diversification and new Product Development - Leaner Operations, with Capacity to Grow - M&A - Greater Shareholder Engagement Join us for this next Stage in our Journey!
Slide 40: Thank you!
IEHCORP.COM Thank you! Dave Offerman President, CEO www.iehcorp.com