TSS : Investor Presentation (TSSI Investor Presentation 2026 May FINAL)

Published: 2026-05-08 13:25:10 ET TSSI

Published on 05/08/2026 at 01:25 pm EDT

At the intersection of Advanced Computing and Artificial Intelligence

May 2026

Nasdaq: TSSI

What We Do

Deliver Integration Services Powering data centers, AI, and digital transformation

Our Technology Service Offerings

Rack & Systems Integration

Procurement

Deployment & Configuration Management

Modular Data Center

Our Strengths

Flexibility & Speed

Partnering and Execution

Simplifying the Complex

Quality, Innovative Solutions

Our Customers' Benefits

Reduced Complexity

Faster Time-to-Value

Certainty

Superior Customer Service

Nasdaq: TSSI 3

TSS is a provider of end-to-end integration services powering data center integration with advanced computing and AI solutions for the digital future

Robust Market Demand

Advancements in technology (AI)

Increasing adoption of cloud computing

Greater storage

needs

Pursuit of increased efficiency

AI Boom

A highly disruptive force in the earliest stages of adoption

Marquee End Customers

Global enterprises

Industry leaders

Investing in AI

High Demand Offerings

Systems integration

Data center services

Multiple Growth Levers

New offerings

Investments in direct selling

Expanded capacity

Partnerships

Attractive Economics

FY 2025 revenue growth of 66%

FY 2025 adj. EBITDA

growth of 83%

2026 Adjusted

EBITDA outlook of

$20M to $22M1

Nasdaq: TSSI

1 2026 Outlook as of May 7, 2026 4

AI, Cloud and Edge Computing Driving Demand

Exponential growth in the data center market is largely powered by demand for AI

Projected Global Server Market in 20271

Q4 2025 spending soared 52.4% YoY, fueled by relentless AI infrastructure buildout

Non-x86 (AI-accelerated) servers exploded 209.3% in 2025, reaching $155B

Market scaling from $453.5B (2025) → $606.7B (2026) →

$873.1B (2027)

Sustained 24.1% CAGR through 2029, defying macro and geopolitical headwinds

Estimated End-User Cloud Spending in 20252

Growth driven by demand from enterprise, and hyper-scaler platforms serving as marketplaces for a growing number of generative AI-powered applications

Worldwide end-user spending on public cloud services is forecast to total $723.4 billion in 2025, up 21.5% from $595.7

billion in 20242

Estimated Modular/Edge Computing Market in 20283

Edge computing continues to play a role in the deployment of AI applications and privacy

Enterprise investments continue to shift toward infrastructure expansion

Expected 13.8% CAGR

Nasdaq: TSSI

1 IDC - Servers Market Insights; 2 Gartner, November 2024; 3 IDC, March 2025: includes edge 5

hardware, micro data centers and related infrastructure

Enabling the efficient planning, development, deployment, and maintenance of IT hardware and software solutions

A broad range of technology services

Procurement

Procure 3rd party hardware and software on behalf of customers & provide integration services

~500 MDCs configured and deployed; thousands of client devices and servers deployed monthly

$279M of product procured in

2025

~65% growth in gross value processed 2025 vs. 2024 with margin expansion

Systems Integration

Integrated services and software designed to accelerate assembly & delivery of complex IT solutions

On-site rack integration growth opportunity

Focused on growth as it better utilizes our assets and provides higher margins

Facilities Management

Maintenance, equipment sales, deployment, and other services

>50% gross margins

Post-deployment MDC maintenance contracts are typically one-year in duration

Expect resurgence in MDC deployments as enterprises grow AI

Nasdaq: TSSI 6

Shifts in the mix of our offerings impact contribution and reflect differences in margin profiles across our portfolio

Contribution Mix

Revenue Gross Profit Pre-Tax Income

FY 2024 FY 2025

15%

79%

17%

80%

35%

43%

22%

47%

38%

15%

37%

34%

29%

58%

22%

20%

Procurement currently represents the majority of revenue, while higher-margin Facilities Management is the smallest component of the mix

Higher margin SI and FM represent 53% of GP mix in FY 2025 vs. only 20% of revenue. Lower margin Procurement represents 80% of revenue and 47% of GP in FY 2025.

Consistent with revenue and gross profit, Procurement PTI continues to grow. Beginning allocation of depreciation to SI segment affects reported segment PTI and YOY comparison.

Nasdaq: TSSI

Procurement

Systems Integration

Facilities Management

Procurement

Systems Integration

Facilities Management

($ in millions)

$90.2

$14.2

$14.1

$3.5

Q1 2025 reflects unusually high level of Procurement activity

$9.5

$9.2

Q1 26

$33.0

$31.1

$43.2

$40.0

$7.5

$1.3

$1.5

$1.6

$1.3

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Y/Y Δ

Q1 25 Q2 25 Q3 25 Q4 25 Q1 26

+676%

+572%

(49%)

+7%

(56%)

+252%

+92%

+20%

+79%

+88%

(40%)

(35%)

(19%)

118%

(1%)

Nasdaq: TSSI 8

Our Strategy

The Right Place at the Right Time

Profitably grow existing business and identify expanded service offerings to further enhance value for our customers

Co-selling

Channel leverage

Expand services portfolio

Profitable growth

Close OEM collaboration

Focus on cost competitiveness

Enhance manufacturing capabilities

Selective pursuit

Diversify and accelerate growth

Nasdaq: TSSI

Nasdaq: TSSI 9

Growth

Delivering exponential growth with massive opportunities to continue trajectory

Annual Revenue Trends

$27.4

$30.6

$54.4

$148.1

$245.7

FY 2025

+66% Y/Y

Nasdaq: TSSI

2021 2022 2023 2024 2025

Driving sustainable profitability while strategically investing to scale operations and unlock future growth

Delivering Profitability While Investing for Growth

$2.3

$1.8

Operating income

FY 2025

+10% Y/Y

($ in millions)

$2.6

$8.5

$6.3

$0.00

Diluted EPS

$0.12

$0.56

$0.24

FY 2025

+133% Y/Y

$0.08

Adjusted EBITDA

($ in millions)

$2.7

$5.3

$5.2

FY 2025

+83% Y/Y

$18.6

$10.2

($0.7)

$0.3

$0.00

($0.04)

($0.4) $0.5

2023 2024 2025 2026

Nasdaq: TSSI

Secured long-term customer agreement and expanding operational footprint to meet rising demand

Oct. 2024 Nov. 2024 May 2025 Dec. 2025

Signed Multi-year Agreement with Primary Customer

Solidified our position as key partner for executing customer's technology roadmap

Stipulates base case for volume

Mitigates operational

risk

Enhances revenue visibility

Nasdaq: TSSI

Uplisted to Nasdaq Capital Market

Improved liquidity for shareholders

Increased visibility

Helps attract new investors

Added to Russell 2000 and Russell 3000 in 2025

Relocated and Expanded Our Factory

Positioned for continued

rapid growth

Expanded capacity by >2X to ~213,000 sq. ft

Access to increased power supply to meet accelerating demand for AI-enabled technologies

Power now at 15MW with city commitment for more as needed

Extended and Amended LT Agreement with Primary Customer

Adds two additional years to original agreement

Financial commitments

with minimum guarantees

Addresses circumstances not anticipated in original agreement

Highlights long-term customer trust and partnership

Investing in Talent to Drive Growth in AI-Driven Infrastructure

Expect appointments will enhance opportunities to expand service offerings to existing and new customers

Matt Wallace has served as Chief Strategy Officer of TSS, Inc. since April 2026. Prior to joining TSS, Matt spent 13 years at Dell Technologies, most recently as Vice President of Corporate Strategy & Market Intelligence, where he led strategic planning for Dell's $48 billion PC and Peripherals business and guided enterprise-wide market intelligence initiatives.

Earlier roles at Dell included senior leadership positions in corporate strategy, where he drove enterprise strategic planning, operational strategy development, and business growth initiatives across multiple business units. Matt also played a key leadership role in the integration office for the $67 billion Dell-EMC merger, contributing to one of the largest technology mergers in history.

Prior to Dell, Matt served as an Associate at Booz & Company, where he advised clients on large-scale transformation initiatives across the technology, travel, and financial services sectors.

David Hull has served as Chief Technology Officer of TSS, Inc. since April 2026. Prior to joining TSS, David spent nearly 29 years at Dell Technologies, most recently as Senior Director, CTO Technology Strategy, where he shaped commercial and consumer technology strategy across hardware, software, and services, with a focus on AI-enabled modernization and cloud-to-edge solutions.

Earlier roles at Dell included Systems Engineering Director for Cloud, AI, and Emerging Technologies, where he directed the architecture and delivery of next-generation server platforms including industry-first Rack-scale AI Servers for leading hyperscale and AI customers, and Director of CTO Innovation Strategy and Solutions, where his team delivered three CES Innovation Products of the Year. David was recognized with the Dell Platinum Inspiring Leader Award for exceptional technology leadership and fostering high-performing global teams.

David received a Bachelor of Science in Electrical Engineering from Texas Tech University and certification in product

Nasdaq: TSSI

development from the Kellogg School of Management at Northwestern University. 13

Flexibility - Execution - Partnership

Best Deployment Partner

Nasdaq: TSSI

LinkedIn Post Link 14

Leaders with Rapid Growth and Operational Excellence Expertise

Darryll Dewan has served as a Director, Chief Executive Officer and President since November 2022. Prior to joining TSS, he served as Vice President Global Sales and Field Marketing at DELL Technologies, from 2012 to 2022 where he was responsible for all direct and indirect sales, field operations and marketing of the Dell Endpoint Data Security business. He gained extensive executive level sales and service experiences as EVP Global Sales at Credant Technologies, Inc., as the Group President of VA Software Solutions and as President of i2 Technologies. His early career was spent at IBM. Darryll received a Bachelor of Arts in Economics from the University of Notre Dame.

Danny Chism has served as CFO since June 2024. He is an accomplished executive with deep experience guiding companies through periods of rapid growth and has a history of successes marked by strong operational results and value creation. Prior to joining TSS, Mr. Chism served in CFO positions at Goodwill Industries of Central Texas, EZCORP, Inc., Cash Solutions Centers and Gatsby Investments. He also served as an auditor at Ernst and Young. He graduated from the University of Texas at Austin in 1991 with a master's degree in professional accounting, where he also earned a BBA in Accounting. He is an advisor to the University of Houston Bauer College of Business, a member of the CFO Leadership Council and Financial Executives International. Mr. Chism is a licensed CPA in the state of Texas and a Chartered Global Management Accountant.

Todd Marrott has served as COO since June 2024 after serving as Senior Vice President - Operations since November 2022. Prior to TSSI, from 2019 until 2022 he served as Vice President - Operations for Applied Technical Services, a privately held full turnkey electronics manufacturer. Prior to that, he helped transform a number of business operations within many companies including Flex, Solectron and Moduslink. He has run multiple operational sites in the US, Mexico and other locations globally. He has driven new product and service introductions with hands on experience across design, engineering, manufacturing, supply chain and logistical services including numerous quality systems. Todd has managed with KPIs and other performance metrics that have improved overall operations,

Nasdaq: TSNSaI sdaq: TSSI

customer satisfaction and employee development to scale business operations profitably. 15

Solid balance sheet with ample liquidity

USD in thousands

As of 3/31/2026

As of 12/31/2025

Cash and cash equivalents

$65,973

$85,510

Contract and other receivables

$10,582

$12,501

Inventories, net

$8,091

$15,966

Total Current Assets

$88,706

$118,630

Total Assets

$153,577

$184,935

Total Current Liabilities

$40,606

$72,567

Long-term Debt

$12,959

$14,004

Total Liabilities

$74,901

$108,300

Stockholders' Equity

$78,676

$76,635

Total Liabilities & Equity

$153,577

$184,935

Nasdaq: TSSI 16

USD in thousands

2023

2024

2025

3/31/2023

3/31/2024

3/31/2025

3/31/2026

Net income (loss)

5,976

15,125

(786)

2,979

2,276

Interest expense (income), net

(355)

(562)

(1,006)

(28)

(100)

(383)

(392)

Bank factoring fees

1,971

2,737

3,659

140

328

1,468

704

Depreciation and amortization

320

608

3,765

210

1,242

Income tax expense (benefit)

158

(7,592)

391

EBITDA

2,070

8,917

13,951

(576)

325

4,323

4,221

Stock based compensation

581

1,235

3,956

140

150

921

1,050

Loss on sale of disposal of assets

658

Adjusted EBITDA

2,651

10,152

18,565

(436)

475

5,244

5,271

Nasdaq: TSSI 17

Company Danny Chism CFO

[email protected]

(512) 310-1000

1800 Aviation Dr.

Building 1, Suite 100

Georgetown, TX 78628

Investor Relations

Hayden IR Brett Maas Managing Director

[email protected]

(646) 536-7331

Contacts

Nasdaq: TSSI

Disclaimer

TSS Inc. published this content on May 08, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 08, 2026 at 17:24 UTC.