LSI Industries : LYTS Investor Presentation - Fast Forward - May 2025

Published: 2025-05-23 16:02:05 ET LYTS

Published on 05/23/2025 at 16:02

DISCLAIMER

Forward-Looking Statements

This presentation contains "forward-looking statements"-that is, statements related to future events within the meaning of the Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In this context, forward-looking statements often address our expected lutere business, financial performance, financial condition and results of operations, often contain words such as "estimates," "targets," "anticipates," "hopes," "projects," "plans," "expects," "intends," "believes," "seeks," "may," "will," "see," "should" and similar expressions and the negative versions of those words, and may be identified by the context in which they are used.

Such statements, whether expressed or im plied, are based upon current expectations of LSI and speak onIy as of the date made. Reliance show Id not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or im plied. Forwara-looking statements include statements that address activities, events or developments that LSI expects, believes or anticipates will or may occur in the lutere, such as earnings estimates (including projections and guidance) and other predictions of financial performance. Forward-looking statements are based on LSI's experience and perception of current conaitions, trends, expected lutere developments and other factors it believes are appropriate unaer the circumstances and are subject to numerous risks and uncertainties, many of which are beyond LSI's control.

These risks and uncertainties include, but are not limited to the following: the impact of competitive products and services; product and pricing demands, and market acceptance risks; LSI's reliance on thira-party manufacturers and suppliers; substantial changes to the refueling and convenience store and grocery markets; LSI's stock price volatility; potential costs associated with litigation, other proceedings and regulatory compliance; LSI's ability to develop, produce and market quality products that meet customers' needs; LSI's ability to adequately protect intellectual property; information technology security threats and computer crime; reliance on customers and partner relationships; financial difficulties experienced by customers; the cyclical and seasonal nature of our business; the adequacy of reserves and allowances for doubtful accounts; the failure of investments, acquisitions or acquired companies to achieve their plans or objectives generally; unexpected difficulties in intep ratinp acquired businesses; the inability to effectively execute our business strategies; the ability to retain key employees, including key employees of acquired businesses; labor shortages or an increase in labor costs; changes in shift in product mix; unfavorable economic, political, and market conditions, including interest rate fluctuations; changes in U.S. trade policy; the results of asset innpairment assessments; risks related to disruptions or reductions in business operations or prospects due to international conflicts and wars, pandemics, epidem ics, widespread health emergencies, or outbreaks of infectious diseases such as the coronavirus disease COVID-19; price increases of materials; significant shortages of materials; shortages in transportation; increases in fuel prices; sudden or unexpected changes in customer creditworthiness; not recopnizinp all revenue or not receiving all customer payments; write-offs or impairment of capitalized costs or intangible assets in the lutere or restructuring costs; anti-takeover provisions in LSI's organizational documents and in Ohio law; and the other risk factors LII describes from time to time in SEC filings. There may be additional risks of which we are not presently aware or that we currently believe are innmaterial which could have an adverse innpact on our business.

Vou are cautioned to not place undue reliance on these forward-looking statements. LSI does not guarantee any forward-looking statement, and actual results may differ materially from those projected. LSI undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, circumstances or otherwise. Additional descriptions of risks, uncertainties and other matters can be found in our annual reports on Form IO-K and quarterly reports on Form IO-Q that we file with the SEC and are incorporated herein by reference. Our public communications and other reports may contain forward-looking projected financial information that is based on current estimates and forecasts. Actual results could differ materially.

2025 LSI INDUSTRIES 2

COMPANV OVERViEW

COMPANY OVERVIEW - FY2024 REVENUE $470M

Leading Integrated Lighting and Display Solutions Company

Our Progress

Expanded market leadership by driving targeted vertical acquisitions (PSI, EM I, and CBSF) and advanced solution development.

Leading vertically integrated commercial indoor/outdoor lighting and display solutions company - strong foundation with entrenched position in growing vertical markets

Our Footprint

Serving Our

Marketplace From . "

19 Manufacturing ' . •" Locations

M ulti-year focus on migration to higher-value solutions cuIminated in substantial m ulti-year im provements,

highlighted by sustained revenue growth, margin expansion, EBITDA and free cash flow conversion

Our 4-Year Performance{)

Adjusted

Adjusted

Built high-performance organization throughout the business

Dual-track organic / inorganic prowth strategy to support stair-step increase in operating performance and profitability

Multi-Year Business Transformation Positioned LSI to Expand within New, Higher-Margin Growth Markets

Robust return of capital prog ram, including quarterly cash dividend and share repurchase authorization

(1) ResuIts for the twelve months ended 3une 30, 2024 as com pa red to the FY20 period

Total Revenue

*54%

Operating Adjusted

Income EBITDA

*545% *240%

EBITDA

Margin

*600

bps

FYE Net Leverage

1.OX

2025 LSI INDUSTRIES

VERTICAL MARKET FOCUS

Customize Solutions Serving High-Value Applications

Automotive Refueling & C-Store

QSR Retail & Grocery

Parking Sports Complex

Warehouse

Market Driven Portfolio

Display Solutions

Services

Outdoor

Lighting Solutions

Indoor

Hig h Bay

Downlights

Linear

Troffer

Retrofit Kits

Decorative

Area

Canopy

Garage

Wall Mount

Flood

Bollards

Sensors

Photocontrols

Dimmers

Motion Detection

Bluetooth Systems

Wireless IoT Systems

Printed Graphics

COt"ttFOlS

Facades and Cladding

Dig ital Sig nage

Menu Board Systems

Display Fixtures

Refrigerated Display Cases

Custom Millwork

Custom Metalwork

Creative Services

Site Surveys

Permitting

Construction / Installation

Rebrands/ Chanpe-Outs

Content Management

Post-Implementation

2025 LSI INDUSTRIES 5

Disclaimer

LSI Industries Inc. published this content on May 23, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 23, 2025 at 20:01 UTC.