Tat Technologies Ltd. · NASDAQ:TATT
Tat Technologies — Investor Presentation (November 2026)
35 slides from Tat Technologies's investor presentation, Nov 2, 2026
Slide 1: Investor Presentation - November 2026
INVESTOR PRESENTATION - November 2026 1 November 2026
Slide 2: Disclaimer: Forward-Looking Statements
INVESTOR PRESENTATION - November 2026 2 DISCLAIMER Forward - Looking Statements This presentation may contain certain forward - looking statements about us and our industry that involve substantial risks and un certainties. All statements other than statements of historical facts contained in this p
Slide 3: Disclaimer (cont.): Non-U.S. GAAP Financial Measures
INVESTOR PRESENTATION - November 2026 3 DISCLAIMER (cont.) Non - U.S. - GAAP Financial Measures This presentation includes certain financial information that is not presented in accordance with The U.S. GAAP, including Ad jus ted EBITDA and Adjusted EBITDA Margin. We refer to these measures as “non
Slide 4: Value Proposition
VALUE PROPOSITION Strong Demand for Products & Services Strategic Capabilities Supporting Future Growth Scalable Business Model Proven Leadership Team ON AN UPWARD TREND ($M) Including Tier 1 aircraft manufacturers, system integrators and airlines Trusted Partner with 300+ Customers $ 577 M Backlog
Slide 5: Several Pillars Will Support TAT's Continued Strong Growth
INVESTOR PRESENTATION - November 2026 5 SEVERAL PILLARS WILL SUPPORT TAT’S CONTINUED STRONG GROWTH APU : $ 2 . 5 B+ Addressable market with OEM certifications . New distribution operations create a comprehensive business model that gives us a competitive advantage . Thermal Solutions : MRO leadershi
Slide 6: Key Strategic Product & Service Offerings
INVESTOR PRESENTATION - November 2026 6 KEY STRATEGIC PRODUCT & SERVICE OFFERINGS Thermal Solutions Market Leader MRO & OEM 60+ years of experience Thermal Solutions 10 - year exclusive contract with Honeywell APU Honeywell Licensee MRO APU MRO Leasing, Trading & Distribution Note: Charts based on %
Slide 7: Q3 2026 Earnings Financial Highlights
INVESTOR PRESENTATION - November 2026 7 Q 3 2026 EARNINGS Financial H ighlights Record Revenue and Profitability: Revenue +20.2% to a record $55.6M, while Adjusted EBITDA surged 60.9% to a record $10.9M, and diluted EPS rose 57.8% to $0.58. Significant Margin Expansion: Gross margin increased to 30.
Slide 8: Q3 2026 Earnings Key Products Highlights
INVESTOR PRESENTATION - November 2026 8 Q3 2026 EARNINGS Key Products H ighlights APU: Strong Growth and Profitability Driver. Revenue +34.4% YoY in Q3 (+26.8% YTD), as the business returned to a full run rate amid robust customer demand. Now represents 35% of total revenue and a key driver of growt
Slide 9: Q3 2026 Earnings Balance Sheet Highlights
INVESTOR PRESENTATION - November 2026 9 Q 3 2026 EARNINGS Strong Net Cash Position: $42.6M in net cash, providing significant financial flexibility to fund growth and pursue strategic opportunities. Strong Equity Base: Shareholders’ equity represents 77% of total assets, underscoring TAT’s solid cap
Slide 10: TAT Substantial Offerings
INVESTOR PRESENTATION - November 2026 10 TAT SUBSTANTIAL OFFERINGS Thermal components for Environmental Control Systems THERMAL SOLUTIONS Thermal components for galley THERMAL SOLUTIONS Thermal components for power electronics THERMAL SOLUTIONS Thermal components for fuel inerting system THERMAL SOL
Slide 11: Facilities Locations
1 1 GREENSBORO, NC APU, Landing Gear, MPG, MRO TULSA, OK OEM & MRO Thermail Solutions CHARLOTTE, NC Group Office KIRYAT GAT, ISRAEL OEM & MRO Thermal Solutions Other Capabilities SHENZHEN, CHINA Thermal Components MRO in partnership with LTS - Lufthansa Shenzhen
Slide 12: Maintenance Demand and Global Air Passengers
INVESTOR PRESENTATION - November 2026 12 * United Airlines, Delta Airlines, American Airlines, JetBlue, Southwest, Alaska Air. Companies ’ filings. Maintenance Demand Aircraft Maintenance Expenses* ($m) Global Air Passengers on a Steady Growth (bn)
Slide 13: Backlog ($M)
INVESTOR PRESENTATION - November 2026 13 BACKLOG ($M) Value of Long - Term Agreements (LTAs) and Backlog ( 1 ) Value of LTAs calculated by taking the average annual order quantity for OEM components and MRO services for each customer and multiplying by prior year average revenue per order and remain
Slide 14: Appendix
INVESTOR PRESENTATION - November 2026 14 APPENDIX
Slide 15: Experienced and Proven Leadership
INVESTOR PRESENTATION - November 2026 15 Experienced senior management team with significant depth, longevity and industry experience. EXPERIENCED AND PROVEN LEADERSHIP TAT Technologies is dually listed on NASDAQ and on the Tel Aviv Stock Exchange AMOS MALKA IGAL ZAMIR EHUD BEN YAIR CHAIRMAN OF THE
Slide 16: Product and Service Offerings
INVESTOR PRESENTATION - November 2026 16 PRODUCT AND SERVICE OFFERINGS
Slide 17: Thermal Solutions Overview
INVESTOR PRESENTATION - November 2026 17 THERMAL SOLUTIONS OVERVIEW OEM Solutions & MRO Services Delivers end - to - end thermal solutions: • D esign and manufacturing of high - performance OEM - certified systems and products for tier 1 aircraft and system manufacturers • S pecialized MRO services
Slide 18: Thermal Solutions Addressable Market
INVESTOR PRESENTATION - November 2026 18 THERMAL SOLUTIONS Short Term : • The “After COVID” effect increased demand for flights, and a constrained supply of new aircraft is creating strong demand for Aviation MRO services • Close and long - lasting relationships with clients and our multi - product
Slide 19: APU Services Overview
INVESTOR PRESENTATION - November 2026 19 Maintenance, Repair & Overhaul (MRO) OEM and licensed MRO service provider for multiple APU platforms representing over 25,000 aircrafts still in production As a Honeywell authorized service partner, the Company is one of a few licensed providers, creating a
Slide 20: APU Services - 20X - Strategic Agreements
INVESTOR PRESENTATION - November 2026 20 APU SERVICES 331 - 20X 331 - 500 131 STRATEGIC AGREEMENTS Addressable Market (1) (1) (1) (1) ( 2 ) (1) (1) From publicly available data provided by Boeing and Airbus, accessed as of April 2025 , and Company management estimates 331-20X B767, B757, C17 $85M ~4
Slide 21: Landing Gear Overview
INVESTOR PRESENTATION - November 2026 21 LANDING GEAR OVERVIEW MRO Services Provider of landing gear MRO services for systems across multiple platforms utilized in commercial airline, business jet and military markets Maintain strategic agreements with and certifications from OEMs that ensure access
Slide 22: Landing Gear Addressable Market
INVESTOR PRESENTATION - November 2026 22 LANDING GEAR Growing demand for MRO services in landing gear • Full in - house capabilities in MRO - Machining services - Plating services • Resulting in lower cost Addressable Market
Slide 23: Trading & Leasing
INVESTOR PRESENTATION - November 2026 23 TRADING & LEASING Leasing : Lease i nventory of 29 APU engines, including 331 - 500 utilized on the Boeing 777 aircraft This service enables the Company to meet growing demand of our customers by helping them overcome the market shortage for APUs and related
Slide 24: Trading & Leasing Solutions
INVESTOR PRESENTATION - November 2026 24 TRADING & LEASING • Leasing – With a large and diversified pool of 29 APUs, we provide leasing solutions to our customers while leveraging our in - house MRO capabilities to support their ongoing operational needs and ensure high fleet availability • Trading
Slide 25: Other Capabilities
INVESTOR PRESENTATION - November 2026 25 OTHER CAPABILITIES • Nearly 50 years of experience developing fluid controls and accessories for defense and commercial platforms • P rovides highly qualified, durable and affordable Environmental Control Systems (ECS) for defense applications • U tilizes adv
Slide 26: New Technologies: Future Growth Drivers
INVESTOR PRESENTATION - November 2026 26 NEW TECHNOLOGIES Future Growth Drivers ADDITIVE MANUFACTURING & 3D PRINTING THERMAL SYSTEMS FOR ELECTRIC AIRCRAFT & AUTONOMOUS AIRCRAFT FULL THERMAL SOLUTIONS TO ENGINE HEADS
Slide 27: Financial
INVESTOR PRESENTATION - November 2026 27 Financial
Slide 28: Q3 2026 Key Indicators
INVESTOR PRESENTATION - November 2026 28 (1) Adjusted EBITDA and Adjusted EBITDA Margin are non - U.S. GAAP measures. Please see the appendix for a reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin to the most comparable U.S. GAAP measures (2) * Net income, EPS and Adjusted EBITDA exclude
Slide 29: Revenue by Product
INVESTOR PRESENTATION - November 2026 29 REVENUE BY PRODUCT Quarterly figures may not sum to annual totals due to rounding. Heat Exchange 18.8 19.1 18.5 16.6 7.3% 56.5 53.7 5.2% APU 19.6 17.4 11.6 13.9 34.4% 48.6 38.3 26.8% Trading & Leasing 8.0 6.9 2.7 6.1 85.5% 17.6 12.3 42.9% Landing Gears 2.1 2.
Slide 30: Gross Profit and Gross Profit Margin
INVESTOR PRESENTATION - November 2026 30 GROSS PROFIT AND GROSS PROFIT MARGIN
Slide 31: Operating Income and Margins ($m)
INVESTOR PRESENTATION - November 2026 31 OPERATING INCOME and MARGINS ($m)
Slide 32: Net Income ($m)
INVESTOR PRESENTATION - November 2026 32 NET INCOME ($m) Expanding Profitability *Q2 - 2026 excludes a one - time gain of $3.9M. Net income, including the one - time sale, was $8.1M
Slide 33: Cash Flow
INVESTOR PRESENTATION - November 2026 33 CASH FLOW Cash Flow ($M) Q3-26 Q3-25 9M-26 9M-25 Net cash provided by (used in) operating activities 3.77 7.50 5.16 9.41 Net cash used in investing activities (4.41) (2.74) (2.47) (8.91) Net cash provided by financing activities (0.26) (0.84) (0.52) 39.46 Net
Slide 34: Balance Sheet Highlights
INVESTOR PRESENTATION - November 2026 34 BALANCE SHEET HIGHLIGHTS Strong Balance Allows Future Leverage
Slide 35: Reconciliation of Net Income to Adjusted EBITDA (Non-GAAP)
INVESTOR PRESENTATION - November 2026 35 RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA (NON - GAAP) (UNAUDITED) $M Q3-26 Q2-26 Q1-26 Q4-25 Q3-25 Net Income 7.68 8.07 3.40 4.73 4.84 Adjustments: Affiliated Companies (0.34) (0.59) (0.52) (0.51) (0.37) Taxes on Income 1.76 1.91 0.15 0.52 0.82 Financi
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