Cpi Aerostructures, Inc. · AMEX:CVU
Cpi Aerostructures — Q1 2019 Earnings Presentation
16 slides from Cpi Aerostructures's earnings presentation, May 10, 2019
Slide 1: 2019 Q1 Results Presentation
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 1 Click to edit Master title style Expertise in Aerospace Technologies Expertise in Aerospace Technologies 201
Slide 2: Forward-Looking Statements
2 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 2 Forward - Looking Statements This presentation contains forward - looking statements that involve risks an
Slide 3: Recent Highlights
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 3 3 Recent Highlights Douglas McCrosso n President & Chief Executive Officer
Slide 4: First Quarter 2019 Highlights
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 4 4 First Quarter 2019 Highlights 1. Strong start to the year 2. Strong book - to - bill 3. Executed on strate
Slide 5: Backlog
5 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 5 Backlog Consolidated Backlog at 03/31/2019: $452.9 Million Defense Backlog: $384.0 Million, Up 73% since m
Slide 6: Driven by Renewed Strength in Defense Budget
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 6 Driven by Renewed Strength in Defense Budget Presence on prominent defense programs with strong funding Defe
Slide 7: 1Q 2019 Financial Highlights
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 7 7 Vincent Palazzolo Chief Financial Officer 1Q 2019 Financial Highlights
Slide 8: Recent Financial Highlights
8 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 8 Recent Financial Highlights For the Three Months Ended March 31, 2019 2018 (Unaudited) (Unaudited) Revenue
Slide 9: Balance Sheet Highlights
9 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 9 ($ in Millions, except per share value) Balance Sheet Highlights As of March 31, 2019 Cash and Restricted
Slide 10: 2019 Financial Guidance
10 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 10 • $98.0M – $102.0M Revenue • $11.0M – $11.3M Pre - tax Income • $3.5M+ Cash Flow from Operations • 20% –
Slide 11: Looking Ahead
11 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 11 Looking Ahead Douglas McCrosso n President & Chief Executive Officer
Slide 12: Bid Pipeline
12 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 12 Bid Pipeline (04/29/19) Virtually all proposals are at the Prime Contractor (12%) or Tier 1 level (85%)
Slide 13: Near-Term Program Opportunities
13 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 13 Near - Term Program Opportunities KITTING & SUPPLY CHAIN MANAGEMENT AEROSTRUCTURES • T - 38 Trainer Upgr
Slide 14: Large and Diversified Backlog Drives Strong Visibility
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 14 ‘08 ‘09 ’10 ’11 ’12 ’13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 ‘20 ‘21 ‘22 ‘23 ‘24 ‘25 Large and Diversified Backlog Drive
Slide 15: Q&A Session
Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 15 15 Q&A Session Douglas McCrosso n President & Chief Executive Officer
Slide 16: Thank You
16 Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations Information contained herein is proprietary to CPI Aero and may be subject to ITAR regulations 16 Thank You CPI Aerostructures Vincent Palazzolo, Chief Financial Officer (631) 586 - 5200 www.cpiaero.com