Financial Metrics and Projections slide image

Financial Metrics and Projections

COHERENT CORP ADDITIONAL FINANCIAL INFORMATION COHERENT Item Amount Estimated for FY23 Estimated Depreciation $271M Estimated Amortization $374M Estimated Inventory Step-up $158M Comments $66M for Lasers, $5M per quarter for step up $295M for Lasers Amortized over Q1 and Q2 FY23 Targets Year 1: $60M Synergies $250M run rate synergies by year 3 Year 2: $90M Year 3: $100M Cap Ex Stock Compensation Interest Tax Rate Gross Margin Range (Non-GAAP) Operating Expense Range (Non-GAAP) Operating Margin (Non-GAAP) Shares Oustanding Series B Shares Legacy Coherent Inc Full Q1 FY22 Legacy Coherent Inc Full Q4 FY22 Legacy Coherent FY22 Revenue $450M $550M $145M $155M $282M ~30% 38-42% 19-21% 19-22% Fully diluted 179 million 27M shares $392M $374M $1,520M Copyright 2023, Coherent. All rights reserved. Includes SOFR reaching 5.1% Assumes 1.75% margin on TLA Full year estimated rate Dilutive around $200M net income pre dividend For inorganic year-over-year growth For inorganic sequential growth 28
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