NASDAQ: AEY
Download
1 / 25

NASDAQ: AEY Company Presentation - PowerPoint PPT Presentation


  • 67 Views
  • Uploaded on

NASDAQ: AEY Company Presentation. Safe Harbor Statement.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' NASDAQ: AEY Company Presentation' - vladimir-holman


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Nasdaq aey company presentation

NASDAQ: AEY

Company Presentation


Nasdaq aey company presentation

Safe Harbor Statement

This presentation may contain forward-looking statements. All statements other than statements of historical facts, which address activities, events or developments that the Company expects or anticipates will or may occur in the future, are forward-looking statements. These statements are subject to risks and uncertainties, which could cause actual results and developments to differ materially from these statements.

A complete discussion of these risks and uncertainties is contained in the Company’s reports and documents filed from time to time with the Securities and Exchange Commission.



Nasdaq aey company presentation

Introduction to ADDvantage


Nasdaq aey company presentation

Who We Are

  • One of the largest sellers and service providers of new and refurbished CATV electronics equipment in the U.S. market

  • Broad network of repair centers providing non-warranty repair services

  • Skilled team of employees with expertise in CATV networks

  • Strong subsidiary brands with long histories of successful operations

  • Trusted supplier to more than 1,300 customers

  • Alliances with leading OEMs including Cisco, Motorola and Fujitsu Frontech

  • Extensive inventory and a reputation as the CATV industry’s “On Hand, On Demand” equipment supplier


Nasdaq aey company presentation

Our History

Nov 2003

ADDvantage Technologies began trading on AMEX.

Ticker symbol AEY.

March 2001

ADDvantage Technologies acquired NCS Industries

November 1999

Lee CATV, a wholly owned subsidiary of ADDvantage Media, merged withDiamond W Investments

1985

TULSATacquiredby David andKen Chymiak

June 2006

ADDvantage Technologies acquires the assets of Broadband Remarketing International

November 2007

ADDvantage redeems outstanding shares of preferred stock

Sept 2004

ADDvantageredeems outstanding shares of convertible preferred stock

September 2007

ADDvantage Technologies begins trading on the NASDAQ

August 2005

ADDvantage Technologies acquired Jones Broadband International

September 1999

Shareholders of TULSAT assumed control of ADDvantage Media through a reverse merger

December 1999

ADDvantageMedia changedname toADDvantage

TechnologiesGroup

October 2006

ADDvantage Technologies acquired assets of Broadband Digital Repairs

May 2001

ADDvantage Technologies acquired Fero-Midwest (dba ComTech Services)

May 2010

NCS named U.S. distributor for

Fujitsu Frontech


Nasdaq aey company presentation

A National Presence

Tulsat-Nebraska

Deshler, NE

ComTechServices

Sedalia, MO

NCS Industries

Warminster, PA

Tulsat-Atlanta

Suwanee, GA

ADDvantage /Tulsat

Broken Arrow, OK

Tulsat-Texas

New Boston, TX

Broadband Remarketing

International

Broken Arrow, OK


Nasdaq aey company presentation

Corporate Organization

ADDvantage

Dave Chymiak

Chairman

ADDvantage

Ken Chymiak

CEO

ADDvantage

Scott Francis

CFO

NCS Industries

Fred Baker

VP/GM

Comtech Services

Nick Ferolito

President/GM

BRI

David Bennett

Director of Ops

Tulsat Corp.

Dave Chymiak

President

Finance and Accounting

Information Technology

Human Resources

Tulsat-Atlanta

Russ McGarr (Service)

Bruce Prescott (Sales)

Tulsat-Texas

John Lopez (Service)

Tulsat-Nebraska

John Denner (Service)

John Noojin (Sales)


Nasdaq aey company presentation

Deep Industry Relationships

Service Providers

Distributors

OEM Partners


Nasdaq aey company presentation

Current Market Trends

Video and RGU Trends (Millions)(1)

  • Cable service providers are the leading “triple play” service providers in the U.S.

  • While down from historical highs, cable industry capital expenditures in the U.S. still remain strong

  • Continued investment needed to support HD and 3D TV as well as other video and data providers

  • Recovering U.S. housing market should lead to an additional boost in capital spending

  • Underpenetrated Latin American markets represent a growth opportunity

Capital Expenditures (Billions)(1)

Housing Starts (Thousands)(2)

National Cable Telephone Association

U.S. Census bureau


Nasdaq aey company presentation

What Makes ADDvantage Different?


Nasdaq aey company presentation

Investment Highlights

  • Differentiated business model positions ADDvantage as a key component of the CATV value chain

  • Deep industry relationships with service providers, OEM partners and other distributors

  • Well positioned to capitalize on future growth opportunities

  • Consistently strong cash flow generation and high margins

  • Strong management team and highly skilled employee base


Nasdaq aey company presentation

Opportunities for Long-Term Growth

Pursuit of New Opportunities

Enhanced Operational Efficiencies

Long-Term Cash Flow Growth

Expansion of Existing Initiatives

  • Inventory efficiencies

  • Fully automated inventory management system

  • Review sales strategy

  • Improved CATV capex spending environment

  • Expansion in Latin America

  • Additional value-added services for current OEM partners

  • Relationships with new OEM partners

  • Enhanced broadcast product line

  • Additional services

  • Expansion into the Telco video market

  • Selected acquisitions



Nasdaq aey company presentation

Product and Service Overview

FY 2010 Revenue by Business Line

  • Nearly $32 million in new product sales represented approximately two thirds of total FY 2010 revenue

  • Refurbished product sales of $9.5 million accounted for an additional 20% of FY 2010 revenue

  • The vast majority of remaining revenue ($5.7 million) came from ADDvantage’s repair service operations



Nasdaq aey company presentation

Customers

  • Top MSOs – Time Warner, Cox, Comcast, Charter

  • Smaller, mid-market cable companies and telcos

  • Distributors/brokers

  • International market, primarily Latin America, either directly or indirectly through brokers

  • Private cable systems – hospitals, universities, hotels









Nasdaq aey company presentation

ADDvantage Investment Thesis

  • ADDvantage represents a strong value proposition relative to its recent trading range

  • The Company has developed a unique and valuable position in the industry with a broad set of customer and OEM partner relationships

  • Numerous opportunities exist to leverage this position and increase cash flow growth including:

    • Improved cablecapex spending environment

    • Expansion in Latin America

    • Addition of new OEM partners and customer verticals

    • Expansion into the broadcast industry

    • Value-added services for OEM partners

    • Additional repair services

    • Continued monetization of existing inventory

  • These opportunities represent meaningful potential growth