Universal Electronics Inc. · NASDAQ:UEIC
Universal Electronics — Sidoti Virtual Small Cap Conference 2025
23 slides from Universal Electronics's conference presentation, Mar 19, 2025
Slide 1: Universal Electronics Inc. Sidoti Virtual Small Cap Conference
Universal Electronics Inc. Sidoti Virtual Small Cap Conference March 19 – 20, 2025
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation and accompanying schedules contain "forward-looking statements" within the meaning of federal securities laws, including net sales, profit margin and earnings trends, estimates and assumptions; our expectations about new product introductions; and similar stat
Slide 3: Our Mission: Be one with your home
OUR MISSION Be one with your home Creating touchpoints that provide the simplest way for a human to interact with technology in their home. 3
Slide 4: UEI is the global leader in universal control solutions for the home
UEI is the global leader in universal control solutions for the home Our 540 engineering and R&D team members worldwide bring to life millions of innovative wireless control products each year that focus on a user-centric approach to building control solutions and applications that simplify user int
Slide 5: Universal Electronics Inc. 2025
Universal Electronics Inc. 2025 5
Slide 6: Universal Electronics Inc. 2025
Universal Electronics Inc. 2025 6
Slide 7: Business Highlights
Growing share in Climate Control & Home Automation • Developed and launched UEI TIDE family of Climate Control products that are being adopted by customers in HVAC OEM, MDU and Utility channels Business • Strong pipeline of new product design wins in Connected Home space across HVAC, Security, Hospi
Slide 8: Attractive, growing markets worth $4.3B
Leader in Home Entertainment control technologies and software services has enabled us to build new customer and product design wins in Connected Home, which represents new higher growth business. Attractive, growing markets worth $4.3B Home Entertainment Climate Control Home Automation & Security $
Slide 9: Home Entertainment
Home Entertainment Overall home entertainment is still a growth channel • Primarily driven by SmartTV penetration, growth in streaming services and evolution into hybrid set-top boxes Traditional pay TV market decline showing signs of stabilization • TV platform growth through OS syndication Move to
Slide 10: Connected Home: Climate Control
Connected Home Demand for smart, connected climate control is growing Addressable HVAC OEM market for residential climate control is estimated at $1.8B and growing at 10% • North America registered the highest growth rate, followed by APAC and Europe. Market growth is driven by: • Consumer focus on
Slide 11: Climate Control Value Proposition
CLIMATE CONTROL VALUE PROPOSITION • Modular hardware platform with potential application across multiple markets and channels • Complete smart thermostat line-up – cloud-native architecture with full suite of connectivity, interoperability, and AI support • Built-in end user and installer support -
Slide 12: Intelligent Climate Control
INTELLIGENT CLIMATE CONTROL Opportunity to penetrate high growth, HVAC OEM Climate Control market Invest in developing thermostat solutions, sensors and software optimized for HVAC OEMs Creating innovative use cases to re-define the role of Climate Control in the home Universal Universal Elect
Slide 13: Smarter Living
BLENDING ENTERTAINMENT AND SMART HOME AUTOMATION TO CUSTOMER PLATFORMS UEI has the expertise to bring seamless interoperability and deliver a derived value proposition SMARTER LIVING Comfort and Convenience Safety and Security Customer CLOUD BUSINESS LOGIC PLUG/SWITCH AIR QUALITY LOCKS DOOR & WINDOW
Slide 14: QuickSet delivers Smart Home interoperability and user engagement
QuickSet ® delivers Smart Home • Launched in 2008, QuickSet® has been deployed in over 600 million devices and is providing the world’s interoperability & increased user most comprehensive solution for entertainment and engagement through personalized smart home device, app and content discovery and
Slide 15: Partnering with global channel leaders
Partnering with global channel leaders Video Service Providers Consumer Electronics Consumer Accessories Climate Control Home Security Home Automation Universal Electronics Inc. 2025 15
Slide 16: Expects Net Sales and Earnings Growth in 2025
EXPECTS NET SALES AND EARNING GROWTH IN 2025 DELVIERING GROWTH Q4 2024 VS Q4 2023 Adjusted Non-GAAP* • Sales grew 13% ($M, except EPS) Q4 2024 Q4 2023 • EPS improved $0.24 Net Sales $110.5 $97.6 DRIVING LONG-TERM SALES & PROFITABILITY GROWTH Gross Margin 28.4% 28.5% • Winning additional business in
Slide 17: UEI Investment Rationale
UEI • Targeting attractive, growing connected home markets worth $4.3B Investment • Attracting top-tier customer base in new markets Rationale • Expanding product portfolio in growing climate control and home automation markets • Leveraging global scale and reach • Focusing on technology, product in
Slide 18: Financial Appendix
(UNIVERSAL (ELECTRONICS.
Slide 19: Use of Non-GAAP Financial Metrics
USE OF NON-GAAP FINANCIAL METRICS In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, UEI provides Adjusted Non- GAAP information as additional information for its operating results. References to Adjusted Non-GAAP information are to non-G
Slide 20: Reconciliation of GAAP to Adjusted Non-GAAP Financial Results
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL RESULTS (In thousands, except per share amounts, unaudited) Universal Electronics Inc. 2025 20
Slide 21: Reconciliation of GAAP to Adjusted Non-GAAP Financial Results
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL RESULTS (In thousands, except per share amounts, unaudited) Universal Electronics Inc. 2025 21
Slide 22: Reconciliation of GAAP to Adjusted Non-GAAP Financial Results
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP FINANCIAL RESULTS (In thousands, except per share amounts, unaudited) (1) GAAP gross margin, operating loss and net loss for the three months ended December 31, 2024 include $0.7 million, equivalent to 70 basis points of gross margin or $0.04 per share (ne
Slide 23: Reconciliation of GAAP to Adjusted Non-GAAP Outlook and Financial Results
RECONCILIATION OF GAAP TO ADJUSTED NON-GAAP OUTLOOK AND FINANCIAL RESULTS (In thousands, except per share amounts, unaudited) Universal Electronics Inc. 2025 23
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