Nasdaq: ALNT
March 18, 2024
ROTH Conference
Dick Warzala | Mike Leach |
Chairman, President & CEO | Senior Vice President & CFO |
© Allient Inc.
SAFE HARBOR STATEMENT
The statements in these slides that relate to future plans, events or performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance, or achievements. Examples of forward-looking statements include, among others, statements the Company makes regarding future goals and expected operating results, anticipated levels of capital expenditures, the Company's belief that it has sufficient liquidity to fund its business operations and acquisitions, and opportunities to expand market share and addressable markets. Forward- looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of the Company's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward- looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company's actual results and financial condition to differ materially from those indicated today include, among others, general economic and business conditions, conditions affecting the industries served by the Company and its subsidiaries, conditions affecting the Company's customers and suppliers, competitor responses to the Company's products and services, the overall market acceptance of such products and services, the pace of bookings relative to shipments, the ability to expand into new markets and geographic regions, the success in acquiring new business, the impact of changes in income tax rates or policies, the severity, magnitude and duration of any global pandemic, including impacts of governments' responses to the pandemic on our operations and personnel and related impacts to commercial activity and demand across our and our customers' businesses, and on global supply chains; our inability to predict the extent to which a pandemic and related impacts can continue to adversely impact our business operations, financial performance, results of operations, financial position, the prices of our securities and the achievement of our strategic objectives and other factors disclosed in the Company's periodic reports filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise over time, and it is not possible for us to predict the occurrence of those matters or the manner in which they may affect us. The Company has no obligation or intent to release publicly any revisions to any forward looking statements, whether as a result of new information, future events, or otherwise.
Non-GAAP Financial Measures and Forward-LookingNon-GAAP Financial Measures
This presentation will discuss some non-GAAP financial measures, which the Company believes are useful in evaluating our performance. You should not consider the presentation of this additional information in isolation or as a substitute for results prepared in accordance with GAAP. The Company has provided reconciliations of comparable GAAP to non-GAAP measures in tables found in the Supplemental Information portion of this presentation.
This presentation also contains forward-looking statements regarding non-GAAP adjusted EBITDA and adjusted EBITDA margin. The Company is unable to present a quantitative reconciliation of these forward-lookingnon-GAAP financial measures to their most directly comparable forward-looking GAAP financial measure because such information is not available, and management cannot reliably predict the necessary components of such GAAP measures without unreasonable effort largely because forecasting or predicting our future operating results is subject to many factors out of our control or not readily predictable. In addition, the Company believes that such reconciliations would imply a degree of precision that would be confusing or misleading to investors. The unavailable information could have a significant impact on the Company's fiscal 2024 and future financial results. These non- GAAP financial measures are preliminary estimates and are subject to risks and uncertainties, including, among others, changes in connection with quarter-end and year-end adjustments. Any variation between the Company's actual results and preliminary financial data set forth in this presentation may be material.
| | © Allient Inc. | 2 |
GLOBAL ENGINEERING & MANUFACTURING COMPANY
A family of companies driven by the same goal: To act as one team to Connect What Matters and
provide the most robust, reliable, and high-value products and systems in
Motion, Controls, and Power
Founded: 1939 | IPO: 1969 | Nasdaq: ALNT | |
Market Capitalization | $545 million | AVG Daily $ Volume (3 mos.) | $2.0 million |
Recent Closing Price | $32.86 | Annual Dividend / Yield | $0.12 / 0.36% |
52 Week Low-High | $25.12 - $40.59 | Institutional Ownership | 64% |
Shares Outstanding | 16.6 million | Insider Ownership | 16% |
Market data as of March 11, 2024, Source: S&P Global IQ; Shares Outstanding as of March 5, 2024; Ownership as of most recent filing.
| | © Allient Inc. | 3 |
VIA: DEFINES OUR CULTURE
| | © Allient Inc. | 4 |
DEVELOPED OUR STRATEGY
Aligned the entire company to achieve our strategic goals and objectives
- technology/know-howcompany that will drive long-termglobal growth, both organically and through complementary strategic acquisitions
Pursue "niche" target markets where we can achieve a leadership position
Innovate leading edge products and solutions to meet the emerging needs of our served target markets
Develop a culture of lean (AST) to create value in everything we do to continuously improve company performance
Train and develop our talent utilizing our AST tool kit and to help foster our
One-Team approach to business
| | © Allient Inc. | 5 |
ONE-TEAM GLOBAL PRESENCE
Technology Unit
Production Unit
Direct Sales Office
Solution Center
|
~2600 employees globally
>450 engineers
Over 30 sales
partner/distributor companies
assist our global team
© Allient Inc. | 6 |
M&A SUPPLEMENTED OUR GROWTH
Completed 18 complementary acquisitions over 20+ years
New Direction | |
Sold Instrument | |
Hathaway | Business. |
Corp. goes | Motion Focus: |
public | Emoteq & COPI |
1962 | 2002 |
New Name:
Allied
Motion
Technologies
2003
Acquired Premotec
2004
Acquired
Agile
Systems
2010
Acquired
Globe
Motors
2013
Acquired
Maval OEM
Business
2018
Acquired
Dynamic
Controls,
Ltd.
2020
Acquired
ALIO
2021
Acquired ThinGap
2022
Acquired
Airex
2022
Acquired
Sierramotion
2023
1939 | 2001 |
Hathaway | Decision |
Corp. | made to focus |
founded | on motion |
and divest | |
instrumentati | |
on business |
2002
Acquired
Motor
Products
Owosso
2004
Acquired
Stature
Electric
2010
Formed
Allied
Motion
Controls
2010
Acquired
Östergrens
2016
Acquired Heidrive
2018
Acquired
TCI, LLC
2021
Acquired
ORMEC
2021
Acquired
Spectrum
Controls
2022
Acquired
FPH Group
2023
New Name:
Allient Inc.
2024
Acquired SNC Manufacturing
| | © Allient Inc. | 7 |
COMPETITIVE ADVANTAGE THROUGH SYSTEM SOLUTIONS
Automated GPS-Guided Vehicle | Cartesian Robot Systems with | Synchronized Multi-axis Motion |
Steering Module with Torque | Integrated Linear Motors, Single and | controllers, drives and actuation |
Motor, Integrated Servo Drive with | Multi-Axis Drives and Controls | systems. |
CAN Bus |
Lightweight composites, Electric | Hybrid Hexapod Systems with | Highly Customized, customer specific, |
Direct Drive Motors and Motor | Integrated Linear Motors, Drives and | mission critical solutions - Custom Control, |
Systems for Ground Based Vehicles | Controls for multi-axis point precision | Drive, Software and Electromechanical |
and Platforms | Solutions |
System capabilities evolve with strategic acquisitions
Building blocks include controls, drives, motors, gearing and feedback, light weighting and electrification technologies
System capabilities range from vehicle steering systems and motors with integrated drive electronics to nano-precision motion systems and ground-based vehicle electrification and light weighting
| | © Allient Inc. | 8 |
WHAT'S NEXT - THE NEW NEXUS
Allied Nexus Technologies (Allient) - Captures the value opportunity that exists by Connecting our three technology pillars: Motion, Controls and Power
Allient is a natural evolution of our company building on the success of our well-defined growth strategy
Environmental and Social responsibility built-in
Market Focus provides more comprehensive solutions for a rapidly expanding set of opportunities in our
key target markets
Replicate our growth and success in the Motion industry to an even broader base within the Controls and Power industries
The Market Opportunity: Serviceable available market is double vs. Motion only
| | © Allient Inc. | 9 |
MARKET FOCUSED
Unique products and technologies in Motion, Controls and Power
Target Vertical Market
Development
Utilize: Technology from several TU's
Maintain: TU integrity
Improve: Single point of contact for the customer
Create vertical leadership team Assign program responsibility
Assign technical team
Develop dynamic tailored marketing materials
Each unit have P&L Responsibility - Ensures Ownership and Accountability
| | © Allient Inc. | 10 |
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Allient Inc. published this content on 14 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2024 20:46:55 UTC.