M-tron Industries, Inc. · AMEX:MPTI
M-tron Industries — Investor Presentation (May 2023)
18 slides from M-tron Industries's investor presentation, May 2, 2023
Slide 1: Investor Update Webinar
Investor Update Webinar May 2, 2023 1
Slide 2: Safe Harbor Statement
Safe Harbor Statement 2 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
Slide 3: Agenda
Agenda 3 Introduction/Company overview Products and Markets Financials Summary
Slide 4: MtronPTI (NYSE: MPTI) at a Glance
MtronPTI (NYSE: MPTI) at a Glance 4 Your Destination for Radio Frequency Components and Solutions since 1965 Filters (LC, Cavity, Planar, Crystal) Oscillators (XO, TCXO, VCXO, OCXO) Crystal Resonators and Solutions $31.8M1 35.7%1 $46.2M1 7-10%2 28.3%3 New Sales Gross Margin Backlog Revenue CAGR Prod
Slide 5: Why MtronPTI?
Why MtronPTI? 5 Growing Attractive Robust R&D Growing Customer Backlog Markets Pipeline Base Space 260 New $46.2M Aerospace Over 300 at 12/31/2022 Defense Products Launched Active Avionics Up 57% Instrumentation Annually Customers From 12/31/21 (5 Year Average)
Slide 6: Global Footprint
Global Footprint 6 Multiple Design and Manufacturing Sites • Orlando, FL 75,000 sq ft AS9100D Design and Manufacturing facility, ITAR Registered Yankton, SD • Yankton, SD 35,000 sq ft Austin, TX New Delhi, India facility AS9100D Design and Orlando, FL Manufacturing facility, ITAR Hong Kong Registere
Slide 7: A History of Leadership and Innovation
A History of Leadership and Innovation 7 For over 58 Years, MtronPTI has distinguished itself as a leader, innovator, and valued partner within the Aerospace & Defense Industry. 1985 2001 2017 PTI is the first organization to Mtron introduces 5X7 oscillator MtronPTI introduces its report success in
Slide 8: Secular Market Tailwinds
Secular Market Tailwinds 8 Defense Avionics Space Communications Autonomous Vehicles, Global fleet increasing by 80% Internet access via satellite Bandwidth demands growing 50 Hypersonic Missiles, Electronic through 2041 compared to 2019 predicted to account for up to percent per year Warfare (EW),
Slide 9: Diverse End Markets
Diverse End Markets 9 Defense and Space and Instrumentation, Avionics SATCOM Industry, Computing Aerospace 17% 56% 7% 20%
Slide 10: Case Study – Commercial Aerospace
Case Study – Commercial Aerospace 10 In Flight Connectivity Pilot Communications Flight Control (Fly-by-wire) • Clock Oscillator • TCXO, LC Filter, Crystal Filter • Clock Oscillator Emergency Beacon System • OCXO Instrument Landing Systems (ILS) • Clock Oscillator Navigation Radar • TCXO and LC Filt
Slide 11: Case Study – Radar
Case Study – Radar 11 Transmitter Path to Antenna • LC Filter, Cavity Filter, • Duplexer, Diplexer, Waveguide Filter Multiplexer, Cavity Filter, Waveguide Filter, LC Filter Receiver • LC Filter and Crystal Filter Master Clock • LC Filter and Crystal Filter Signal Processing • TCXO, OCXO and Crystal
Slide 12: Case Study – Space and SATCOM
Case Study – Space and SATCOM 12 Timing Front End Receiver • Crystal Resonator Timing • Crystal Filter, Cavity • OCXO, OCXO with PLL, Filter, LC Filter VCTCXO, VCXO, TCXO, Crystal Filter Front End Receiver • Crystal Filter, Cavity Filter, LC Filter, Diplexer, N-plexer Front End Transmitter • Crystal
Slide 13: Fully Integrated Capabilities
Fully Integrated Capabilities 13 Design Manufacturing Quality Design Process Product Capabilities Manufacturing Quality • Partnership focused on • TCXO, OCXO, VCXO, XO • World-class FOD • AS9100D and ISO long-term relationships with • Crystal, Cavity, LC, Control, Laser weld, 9001:2015 certified sup
Slide 14: Pro Forma Financial Summary
Pro Forma Financial Summary 14 Total Current Assets of $14.3 million Current Ratio of 2.95 to 1 Shareholders Equity of $13.3 million Undrawn and Unused Line of Credit of $5.0 million Backlog of $46.2 million at December 31, 2022 Working Capital of $9.5 million 2.68 million shares O/S Source: M-tron
Slide 15: Financial Trends
Financial Trends 15 Results reflect strong underlying fundamentals as Defense and Space markets replaces the mix shifts from Aerospace market and COVID related supply chain disruptions 2022 $31.8 million of revenue versus prior year of $26.7 million with TTM margin growth reflecting continuing opera
Slide 16: Order Backlog Trend
Order Backlog Trend 16 Record $46.2 million of backlog Driven by: Supply chain constraints accelerating order cycle Market and customer share gains with expanded product offering Product line expansion with Integrated Microwave Assembly and Planar Filters
Slide 17: Multi-Pronged Strategy for Sustained Growth
Multi-Pronged Strategy for Sustained Growth 17 Where Have We Come From? Where Are We Going? 57+ Positioned for Organic Growth PTI, • Industry Tailwinds – Backlog of $46.2 million 58+ $30+ Trilithic, • Continuous Product Line expansion Champion • Gaining market share • Long running “sticky” Defense p
Slide 18: Your Questions
Your Questions 18 MtronPTI Contact Information Visit us: www.MtronPTI.com Contact us: email: ir@mtronpti.com