IES Holdings, Inc. · NASDAQ:IESC
IES — FY2016 Earnings Presentation
13 slides from IES's earnings presentation, Dec 9, 2016
Slide 1: Fourth Quarter and Fiscal Year 2016 Update
Fourth Quarter and Fiscal Year 2016 Update December 9, 2016 Exhibit 99.2 IES Holdings, Inc.
Slide 2: Disclosures: Forward-Looking Statements
Disclosures Forward-Looking Statements Certain statements in this document may be deemed "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, all of which are based upon various estimates and assumptions
Slide 3: IES Holdings, Inc. Revenue, Operating Income, Net Income, Backlog
IES Holdings, Inc. (NASDAQ: IESC) REVENUE OPERATING INCOME NET INCOME ATTRIBUTABLE TO IES BACKLOG * Adjusted net income attributable to IES is a non-GAAP financial measure; see supplemental disclosure for reconciliation table Financial measures presented here are in millions, except for earnings per
Slide 4: Fourth Quarter and Fiscal Year 2016 Highlights
Fourth Quarter and Fiscal Year 2016 Highlights Revenue FY16: $696.0 million, an increase of 21.3% compared with FY15 4th quarter of FY16: $205.6 million, an increase of 28.8% compared with the 4th quarter of FY15 Income from Operations FY16: $25.0 million, an increase of $6.5 million compared with F
Slide 5: Fiscal Year 2016 Segment Results
Fiscal Year 2016 Segment Results Commercial & Industrial Communications Infrastructure Solutions Residential Revenue: $222.5 million, increase of 24.4% over FY15 Operating Profit: $7.6 million Operating Margin: 3.4% Revenue: $189.6 million, increase of 33.7% over FY15 Operating Profit: $11.7 million
Slide 6: Quarterly Financials
Quarterly Financials Revenue Operating Income
Slide 7: Quarterly Backlog
Backlog as of 9/30/16 is up $71 million compared to prior year Quarterly Backlog
Slide 8: Income Statement
Income Statement (in millions, except earnings per share) Fiscal Year Endi 30, 2013 2014 2015 2016 Revenue $494.6 $5124 $573.9 $696.0 Income from operations 04 76 185 25.0 Interest expense & other 23 14 1.0 12 Income from operations before income taxes ($1.9) $6.3 $17.5 $23.8 Provision (benefit) for
Slide 9: Select Balance Sheet Data
Select Balance Sheet Data (in millions) Cash Current Assets Deferred Tax Assets Non-Current Assets Total Assets Current Liabilities Other Liabilities Debt Total Lial Noncontrolling interest Equity Total Liabilities & Equity Fiscal Year Ending September 30, 2013 $208 123.3 33.8 $1778 $95.0 8.0 123 $1
Slide 10: Liquidity has remained strong, even after recent acquisitions
Liquidity has remained strong, even after recent acquisitions $64.6 Total Liquidity Cash Paid in Business Combinations
Slide 11: Segment Results
Segment Results (in millions) Fiscal Year Ending September 30, 2013 2014 015 2016 Revenue Commercial & Industrial $203.5 $166.2 $178.9 $222.5 Communications 126.3 116.1 141.9 189.6 Infrastructure Solutions 22 476 46.8 58.0 Residential 162.6 1825 206.3 2259 Total Revenue $494.6 $512.4 $573.9 $696.0 O
Slide 12: Non-GAAP Reconciliation of Adjusted Net Income Attributable to IES Holdings, Inc.
Non-GAAP Reconciliation of Adjusted Net Income Attributable to IES Holdings, Inc.
Slide 13: NOL Summary
NOL Summary Estimated net operating loss carry forwards (“NOLs”) of approximately $404 million as of September 30, 2016, including $142 million associated with amortization of personal goodwill Rights Agreement implemented to deter new 5% shareholders in order to prevent certain limitations on NOLs