Slide 1: Q3 FY13 Shareholder Conference Call
February 2013 © 2013. All rights reserved. Q3 FY13 Shareholder Conference Call
Slide 2: Safe Harbor Statement
Safe Harbor Statement Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this presentation that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially
Slide 3: Agenda
Agenda • Q3 Overview • Q3 FY 2013 Financial Detail • Business Outlook • Strategic Product Updates
Slide 4: FY2013 Quarter on Quarter Improvement Target
FY2013 Quarter on Quarter Improvement Target © 2012. All rights reserved. Not for use or disclosure without the expressed written permission from TechPrecision Corp.
Slide 5: Q3 Income Statement
Consolidated Income Statement ($ in Millions except Percentages, Shares & EPS) Q3 2013 12/31/2012 Q3 2012 12/31/2011 Q2 2012 9/30/2012 Revenues $7.3 $10.9 $8.1 Gross Profit $1.9 $0.7 $1.9 Gross Margin 25.8% 7% 23% Operating Expenses $2.3 $1.9 $1.9 Operating Income (Loss) $(0.41) $(1.2) $14,000 Opera
Slide 6: YTD Fiscal 2013 Income Statement
Consolidated Income Statement ($ in Millions except Percentages, Shares & EPS) YTD 2013 12/31/2012 YTD 2012 12/31/2011 Revenues $22.5 $27.2 Gross Profit $4.9 $5.1 Gross Margin 21.9% 18.7% Operating Expenses $6.2 $5.6 Operating Income (Loss) $(1.3) $(528,000) Operating Margin (5.7%) (1.9%) Net Income
Slide 7: Balance Sheet Highlights
($ in Millions) December 31, 2012 March 31, 2012 Cash $2.0 $2.8 Current Assets $15.0 $16.3 Total Assets $22.4 $24.1 Current Liabilities $5.9 $6.1 Total Liabilities $11.1 $11.9 Total Stockholders’ Equity $11.3 $12.2 Long-Term Debt December 31, 2012 Term Note $142,857 Series A & B Bonds $5,217,857 Cap
Slide 8: Revenue Outlook/Market Growth
Revenue Outlook/Market Growth © 2012. All rights reserved. Not for use or disclosure without the expressed written permission from TechPrecision Corp.
Slide 9: Strategic Product Developments
Strategic Product Developments Medical Ø TechPrecision signed $115-million LTA to exclusively produce the PBT S250 Ø 5-Year Agreement: April 1, 2013 - March 31, 2017 Ø Production volumes ramp each year throughout the 5-year agreement Ø WCMC will ship the first S250 components June 2013 Ø Ranor will
Slide 10: Strategic Product Developments
Strategic Product Developments Ø Significant Business Development activity with all Prime Contractors/NAVSEA Ø Government approved first two Virginia Class submarines for “Block 4” Ø Block 5 and Ohio Replacement (OR) programs currently in design phase Ø Ranor received incremental orders for 1 st Blo
Slide 11: www.TechPrecision.com www.ranor.com www.wcmcsolutions.com
www.TechPrecision.com www.ranor.com www.wcmcsolutions.com