Approval of Entry by Eyelock LLC into the Distribution Agreement and the Transactions Contemplated Thereby, by and between Eyelock LLC and GalvanEyes Partners LLC
Ratification of Appointment of Grant Thornton LLP as the Company's Independent Registered
Public Accounting Firm for the Fiscal Year Ending February 28, 2022
About GalvanEyes and VOXX as an Investment (Beat Kahli)
Long-TermStrategy for Value Creation
John J. Shalam
Chairman of the Board
3
Building Momentum and Executing our Strategy
Fiscal 2020
Realigning our global footprint to enhance our infrastructure…
with the end-goal, to improve operating efficiencies and bottom-line performance.
Fiscal 2021
Expanding our reach and growth prospects…
through new partnerships, distribution, customers and through innovation.
Fiscal 2022 and Beyond
We have a lot of exciting developments underway and opportunities on the horizon, which should drive growth in a meaning way…generating higher profitability and enhancing stockholder value.
4
Fiscal 2021: Significant Top- and Bottom-Line Improvements
One of the Most Profitable Years in our History
Consolidated Net Sales
+ 42.7%
$394.9M
$563.6M
FY20
FY21
Operating Income (Loss)
+ $72.8M
$(50.3)M
$22.5M
FY20
FY21
Pat Lavelle
President and CEO
Net Income (Loss) Attributable to VOXX
+ $53.2M
$(26.4)M
$26.8M
FY20
FY21
Adjusted EBITDA
+ $42.1M
$4.9M
$46.9M
FY20
FY21
Comparisons are for the Fiscal 2021 and Fiscal 2020 years ended February 28, 2021, and February 29, 2020.
5 EBITDA defined as Earnings Before Interest, Taxes, Depreciation & Amortization.
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VOXX International Corporation published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 13:58:09 UTC.
VOXX International Corporation is an international manufacturer and distributor in the automotive electronics, consumer electronics, and biometrics industries. The Company has a portfolio of approximately 35 brands. The Company operates through three segments: Automotive Electronics, Consumer Electronics and Biometrics. The Automotive Electronics segment designs, manufactures, distributes and markets rear-seat entertainment devices, remote start systems, automotive security products and devices, vehicle access systems, mobile interface modules, mobile multimedia devices, and others. Consumer Electronics segment designs, manufactures, distributes and markets home theater systems, premium loudspeakers, outdoor speakers, A/V receivers, business music systems, streaming music systems, cinema speakers, architectural speakers, wireless and Bluetooth speakers and soundbars. Its Biometrics segment designs, markets and distributes iris identification and biometric security related products.
VOXX INTERNATIONAL CORPORATION 
