tessco technologies incorporated

13
May 2021 Tessco is capitalizing on the telecom industry’s unprecedented rollout of new and disruptive wireless technologies to drive long-term, profitable growth. Sidoti Virtual Conference TESSCO Technologies Incorporated

Upload: others

Post on 22-Mar-2022

1 views

Category:

Documents


0 download

TRANSCRIPT

May 2021

Tessco is capitalizing on the telecom industry’s

unprecedented rollout of new and disruptive wireless

technologies to drive long-term, profitable growth.

Sidoti Virtual Conference

TESSCO Technologies Incorporated

2

Forward-Looking Statements

Certain statements made by us during this

presentation are forward-looking statements within

the meaning of federal securities laws. Tessco’s

actual results may differ materially from those

discussed in any forward-looking statement.

Additional information concerning factors that may

cause such a difference can be found in Tessco’s

public disclosure, including Tessco’s most recent

report on Form 10-K, as well as prior and

subsequently filed reports.

3

Macro Site 30-40 SKUs per site

Small Cell 20-25 SKUs per site

Fleet & Telematics 15+ SKUs per site

Utility & Grid Modernization 20-25 SKUs per site

Transportation15+ SKUs per site

Large Public Venues30-40 SKUs per site

Hospital/Campus25-30 SKUs per site

Enterprise25-30 SKUs per site

Complexity Simplified Real Value

4

TesscoA Value-Added Distributor & Solutions Provider

• Efficient access to markets

• Simplified product distribution

• Opportunity to be part of a differentiated/complete solution.

Supplier

• Broad assortment of products, technologies, and brands

• End Market/Domain expertise

• Design services and BoM

• Customizable logistics and financial solutions

• Ventev Product Design & Manufacturing

• Software-driven services:

• Materials Management during construction

• Device Lifecycle Services (deployment, maintenance, replacement)

Customer

5

Our MarketsCarrier Ecosystem

• Tier 1 Carriers

• Tier 2, Tier 3 & Rural Carriers

• Program Managers

• Contractors

• Tower Owners

Commercial/Industrial

• Value-Added Resellers

• Public & Private Venues

• Building Owners

• Transportation, Utilities

• Mining, Oil & Gas

• Manufacturing

• Public Sector (Federal, State,

Local & Education)

$130B to be spent on 5G

Global Buildout by 2024

$16.3B to be spent globally

on Private LTE by 2025

CBRS gear to exceed $850M

in US by 2024

Expect 19% CAGR in US

industrial IoT by 2026

Technological ChangeDriving Aggressive Industry Growth…

Source: ABI

6

• Enclosures

• Antennas, (Wi-Fi, LTE, 5G, CBRS)

• Cable Assemblies

• Power Systems

• Turnkey Integrated Systems

• Base Site Infrastructure

• Tools & Supplies

Wireless InfrastructureDesigning & Delivering Innovative Solutions

7

Tessco's Ongoing EvolutionCreating Solutions Customers Need

Software-Driven ServicesDistribution Ventev Innovations

8

• Exited Retail

• Extended $75M ABL to 2024

• Improvements In:

• Ease of doing business

• Technology and industry specialists

• High demand inventory investments

• Enhanced Tessco.com & Created E-Commerce Unit

• IT Infrastructure Modernization

• Development of proprietary software offering

• Prepared for post-pandemic scale

The “New” Tessco Invested for Growth

9

• Reopening of America

• Market share growth in Carrier Ecosystem

• Increasing demand for 5G in Carrier Ecosystem

• Unique OEM Partnerships

• Strong pipelines in end-markets

• Increasing Government investments

• Evolving Technology

• Increased percentage of online (Tessco.com) sales

Momentum

10

• Economies of Scale

• Ventev: Differentiator and higher margins

• Increasing percentage of online (Tessco.com) orders

• Efficiencies as a result of recent investments in IT

• Design Services

• Investments in Software-driven services (Beta Testing)

Why Our Margins Will Improve

11

Why Invest In Tessco?

EXPLOSIVE

WIRELESS

GROWTH

UNIQUE

CONVERGENCE

OF DISRUPTIVE

TECHNOLOGIES

DIRECT

BENEFICIARY

OF 5G &

LTE/CBRS

Winning Tier 1 Market Share

has current & future rewards

• Expanding Disruptive Proprietary Offerings

• Winning Solutions Customers Need

• Recurring Revenue & Profitability Gains

Thank You

13