Lgl Group, Inc. (the) · AMEX:LGL
Lgl Group, Inc. (the) — The LGL Group — Investor Presentation (September 2022)
12 slides from Lgl Group, Inc. (the)'s investor presentation, Sep 8, 2022
Slide 1: Investor Update Webinar
The LGL Group, Inc. (NYSE MKT: LGL) Investor Update Webinar September 8, 2022
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: Background
Background The LGL Group, Inc. was Formed in 1917, been Stock Exchange listed since 1946, and has two subsidiaries today. Components Frequency & Spectrum Control Solutions since 1965 Systems Frequency Reference and Synchronization Systems since 2016 ($ in millions) First Half of Period Revenues 2022
Slide 4: Financial Trends
Financial Trends Consolidated Revenue, Gross Margin and Adjusted EBITDA ($ in millions) Q2 reflect strong underlying fundamentals as Defense and Space markets replaces the mix shifts from Aerospace market and COVID related supply chain disruptions Growth enhanced by numerous new product design w
Slide 5: SPIN-OFF
SPIN-OFF 1:2 Distribution ratio on October 7, 2022 Record date September 30, 2022 $14.7MM Revenues Q2 YTD/$26.7MM in 2021 Backlog of $43.2MM June 30,2022 Book to Bill Ratio of 1.87 for the 1H 2022 Working Capital of $8.4MM Shareholders Equity of $12.7MM Source: Mtron Industries Form 10 filed August
Slide 6: The MtronPTI Advantage
Segment Focus The MtronPTI Advantage • Engineering centric company=>Aerospace & Defense Industry • Customized, high reliability, spectrum and frequency control solutions for harsh environment applications. • Over 57 years of experience and customer relationships. • Operates globally from a manufactu
Slide 7: 57 Years Experience
MtronPTI’s High Reliability and Harsh Environment applications 57 Years Experience 7 Please see full disclosures. Figures are estimates. Slide chart courtesy of Houlihan Lokey.
Slide 8: Backlog Growth
Backlog Growth Expanded product offerings lead to market and customer share gains Record $43.2m in backlog of Military (49%) Avionics (22%) Aerospace (12%)* $45.0 $43.2 $40.0 $35.0 $30.0 $29.4 $25.0 $20.0 $21.7 $19.6 $15.0 $17.3 $10.0 $11.5 $10.3 $8.8 $8.8 $5.0 $0.0 Q4 ‐2014 Q4 2015 Q4 2016 Q4 2017
Slide 9: MtronPTI Look Forward
MtronPTI Look Forward Shareholder Value through existing and new business opportunities, including: New product development in several areas Adding value with the creation of Integrated Microwave Assemblies and Planar Filters, High‐frequency OCXO and e‐vib OCXO Growing IP organically and with pa
Slide 10: Precise Time and Frequency, LLC (PTF)
Precise Time and Frequency, LLC (PTF) Manufacturing • Founded in 2002 Corporate HQ • Focus on Developing Systems for High‐performance Wakefield, Mass. frequency and time reference standards • $~700 million TAM with 6.2% CAGR from 2020 to 2027 • Significant expansion potential with 3,000 sq. ft. manu
Slide 11: Road Ahead
Road Ahead A Glimpse Forward LGL Group has a long history of spin offs and reorganizations executed to enhance shareholder value Operating business expansion of new and existing operations M&A and lift outs Orientation for niche customer solutions up the value chain Broaden franchise Lev
Slide 12: Your Questions
LGL Group: Thank You Your Questions LGL Group Contact Information Visit us: www.lglgroup.com www.mtronpti.com Contact us: Ivan Arteaga, Investor Relations e‐mail: iarteaga@lglgroup.com Voice: (407) 298‐2000 Please see full disclosures. All points in discussions are estimates. 12
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