M-tron Industries, Inc. · AMEX:MPTI
M-tron Industries — Q2 2026 Earnings Presentation
27 slides from M-tron Industries's earnings presentation, Aug 13, 2026
Slide 1: Investor Presentation
INVESTOR PRESENTATION IDEAS Conference June 11, 2026 1
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: Mtron Overview
Mtron Overview Mtron (NYSE AM: MPTI) is a NYSE American publicly traded corporation Formed in 1965 Aerospace and Defense Focused Since 2004 Acquisition Listed NYSEAM in October 2022 via Spin Off at ~$13 ( $10.85-$85.95 Range) 4.3 mm Shares Outstanding1, No Debt, and Free Cash Flow Generation
Slide 4: Investment Highlights
Investment Highlights 1 Strong revenue growth and cash generation 2 Attractive end markets with long-term contracts and loyal customers 3 Unique capability to manufacture in U.S. for mission critical supply chains 4 Compelling financials with organic and inorganic growth strategy 5 Have production c
Slide 5: Mtron At A Glance
Mtron At A Glance Vertically Integrated RF Solutions Blue-Chip Customer Base Strong Market Performance Highly-engineered, high reliability Diverse global customer base including Delivering strong returns to precision components and solutions industry leaders in the Aerospace & shareholders of 561% s
Slide 6: Management Team and Board
Management Team and Board Tenured Management Team and Board Provides Mtron with Decades of Experience and Leadership Senior Management Team Cameron Pforr Linda Biles William Drafts Chief Executive Officer & Chief Executive Vice President, President Financial Officer Finance Non-Executive Board Membe
Slide 7: A History of Leadership and Innovation
A History of Leadership and Innovation For Over 60 Years, Mtron Has Been a Leader in Supporting Advanced Electronics 2024 Mtron launches its first space –borne IMA 2022 Mtron completes separation from The LGL 2022 Group, Inc., becoming an independent, publicly traded company Mtron launches Planar Fi
Slide 8: Unique Product Portfolio...
Unique Product Portfolio... Filters Oscillators FY’25 Revenue Split by Product Applications within Avionics, Space, Communications, Applications within Avionics, Communications, Electronic Filters Oscillators Other Electronic Warfare, Instrumentation, and Radar Warfare, Instrumentation, and Rada
Slide 9: New Product Development
New Product Development Increased R&D and Capex Spend Drive Organic Topline Growth in the Near-Term New Product Revenue ($M) Total Revenue ($) ASP Constant Innovation with $113.73 $110.58 Strategic Targeting of $54.4 Larger Opportunities $92.19 $49.0 ~30% of FY’25 Revenue comes $84.11 from product
Slide 10: Servicing High Growth Market Applications
Servicing High Growth Market Applications Precision-Guided Munitions Radar Electronic Warfare Commercial Aerospace UAV / Drones Space & SATCOM 10
Slide 11: U.S. DoW Rewriting Procurement Rules
U.S. DoW Rewriting Procurement Rules Modern Conflicts Are Driving Increased Demand for Advanced Weapons Systems Technology Driving Rapid Change U.S. DoW Response Implications for Defense Suppliers Modern warfare based on sensors, ai, control Defense contractors may benefit from: Contracting long-t
Slide 12: Munitions Depletion is Real
Munitions Depletion is Real CSIS study on Munitions Depletion Highlights Pressure on US Stockpile Iran conflict has cost US dearly in several critical munitions CSIS team and others tracking usage of critical munitions and estimating time required to replenish US Defense Industrial Base not cu
Slide 13: Product Applications: Precision-Guided Munitions
Product Applications: Precision-Guided Munitions Pinpoint Missile Radar Guided OCXO, TCXO and LC Filter Accuracy with Superior Electronic Technology Missile Data Links Defense agencies are LC Filter and Crystal Filter focusing on high- performance, precision strike weapons that have farther st
Slide 14: Product Applications: Radar
Product Applications: Radar Precision Surveillance Technology to Ensure Transmitter Path to Antenna Security LC Filter, Cavity Filter, Waveguide Filter Duplexer, Diplexer, Multiplexer, Cavity Filter, Waveguide Filter, LC Filter Hypersonic missiles and drones require Receiver Master Clock highl
Slide 15: Product Applications: Commercial Aerospace
Product Applications: Commercial Aerospace Platform Flexibility with InFlight Connectivity Emergency Beacon System Multiple Touchpoints Flight Control (Fly-by-wire) OCXO Clock Oscillator Clock Oscillator Pilot Communications TCXO, LC Filter, Crystal Filter ~16 design slots on nearly every
Slide 16: Growth Drivers
Growth Drivers Expansion Opportunities Across Multiple High Growth Markets 1 Armament and weapon system replenishment driven by global conflicts Modernization programs and new system development driving longer-term 2 defense component/subsystem growth 3 Strong commercial airframe backlog for Airbus
Slide 17: Blue-Chip Customer Base
Blue-Chip Customer Base Tenured Industry Relationships With Premier Customers Across Various End Markets Aerospace & Defense Avionics Space Industrials More than 70 customers with a 10+ year history Source: Company data 17
Slide 18: Global Footprint
Global Footprint Strategically Located to Supply Critical National Security Needs With Ample Capacity For Future Growth Orlando, FL (HQ) Over 100,000 sq. ft. of ITAR registered Design and Manufacturing Space 71,000 sq. ft. AS9100D Design and Manufacturing Facility ITAR Registered Yankton, SD
Slide 19: Avenues for Growth
Avenues for Growth Mtron’s ability and opportunities for growth have expanded Leverage Customer Relationships Market Driven R&D M&A Build Mtron into a leading supplier of Continue to enhance our ability to provide Invest accumulating cash in modules, subsystems and components to highly enginee
Slide 20: Investing in Organic Growth
Investing in Organic Growth Current facilities can produce approximately $100 million of revenue and we are investing to scale Workforce Capital Expenditures Manufacturing Capacity Touch labor required to scale production Brought machining in-house Currently reworking floor layouts as of curre
Slide 21: Metrics
Metrics Significant improvement in key metrics since spin-off 2022 Revenue Growth Gross Margin Net Income Increased from $8.4M/qtr to Increased from 32% to 44% Increased from $503K/qtr to $14.7M/qtr $2,388K/qtr 75% 41% 375% Adj. EBITDA Margin Cash Generation EPS Increased from 10.4% to 21.6% Increas
Slide 22: Financial Summary
Financial Summary Compelling Financials With Strong Topline Growth And Healthy Margins Revenue & Growth ($M) Gross Profit & Margin ($M) 11% 12% 46% 44% 45% 19% 41% 29% 19% 36% (2%) (11%) 34% 35% $24.1 $25.3 $56.4 $22.6 $49.0 $54.4 45% $41.2 11% 15% $16.8 43% $30.0 $26.7 $31.8 $10.3 $11.3 $9.3 $12.7
Slide 23: Attractive Long Term Target Model
Attractive Long Term Target Model Increased R&D and Capex Spend Drive Organic Topline Growth in the Mid-Long Term Long Term Organic Goals Aim to consistently exceed industry growth through continued investment in R&D resources 12% CAGR 43 – 46% 21% - 23% Continued design win momentum speaks well to
Slide 24: Questions?
Questions? 24
Slide 25: Thank You
lm Mtron’ Thank You
Slide 26: Appendix
Appendix 26
Slide 27: Reconciliation of Adjusted EBITDA to Income before income taxes
Appendix 1 – Reconciliation of Adjusted EBITDA to Income before income taxes (in thousands) FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 LTM Q1 2026 Q1 2025 Q1 2026 Income before income taxes $ 2,893 $ 2,113 $ 2,595 $ 4,400 $ 9,775 $ 10,954 $ 11,698 $ 2,114 $ 2,858 Adjustments: Interest expense (