Trimble Inc. · NASDAQ:TRMB
Trimble — J.P. Morgan Industrials Conference 2021
11 slides from Trimble's conference presentation, Mar 15, 2021
Slide 1: Trimble Inc. J.P. Morgan Industrials Conference March 2021
Trimble Inc. J.P. Morgan Industrials Conference March 2021 1
Slide 2: Forward-looking statements
Forward-looking statements Certain statements made in this presentation and any subsequent Q&A period are forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are made pursuant to the safe harbor provisions of the Securities Litigation
Slide 3: Trimble at a glance
Trimble at a glance Company Financial Highlights • Integrated technology and Revenue $M Annualized recurring revenue $M Y/Y: software provider to the world’s Y/Y: Y/Y: Y/Y: Y/Y: Y/Y: +8% +9% Y/Y: +18% +4% +42% largest industries +12% -4% • >1,000 unique patents; >$475 $3,132 $3,271 $3,152 $1,107 $1,
Slide 4: Trimble is transforming the way the world works
Trimble is transforming the way the world works 4
Slide 5: Trimble technology stack has evolved over the last 40 years
Trimble technology stack has evolved over the last 40 years Integrated GPS Positioning Productivity Work Process 55
Slide 6: Trimble strategy integrates workflows and stakeholders across industry continuums
Trimble strategy integrates workflows and stakeholders across industry continuums Mixed Fleet & Customer ROI Interoperability • Machines & vehicles CONNECTED • Task productivity • Tools • System productivity • Labor • Quality • Interoperable models • Safety INDUSTRY • Visibility • Sustainability 6
Slide 7: We differentiate at the connection of the digital and physical worlds
We differentiate at the connection of the digital and physical worlds Construction Agriculture Transportation 3D model at anchor bolt level detail drives pinpoint construction accuracy during fabrication and construction Construction Real time road, vehicle, and driver verification against condition
Slide 8: Trimble brings scope and scale to its markets
Trimble brings scope and scale to its markets Geospatial Construction Agriculture Transportation • >70% of POB1 top 100 geospatial • >29 million unique SketchUp • ≈155M acres using Trimble • Trimble technology on 99% of top companies use Trimble activations / year technology 200 trucking fleets in U
Slide 9: Technology company, by design
Technology company, by design 13–15% of sales >1,000 domain experts >1,000 unique patents spent on R&D >3,400 employees in product >65% of R&D in software development Investing in analytics, >$475M of 2020 R&D spend cloud, autonomy 9
Slide 10: Financial metric highlights – Q4'20
Financial metric highlights – Q4’20 Annualized recurring revenue Approx. $1.3B backlog ≈$1.3B (+9% growth) TTM research & development $1.83B in TTM software, services 15.1% of revenue and recurring revenue (>65% of R&D in software) Net working capital +13% Deferred Revenue growth <1% of TTM revenue
Slide 11: Investment highlights
Investment highlights • Construction, agriculture, transportation industries undergoing technology driven transformation • Network effects amplify opportunities to deliver system productivity • Trimble is uniquely positioned to play a central role in the transformation • Deep domain insight coupled