Thermon Corporate Presentation
Long Term Value Of A Project
Annual
Value ($)
40%
20%
Year 1-3
Year 4-6
Year 7-10
Key Takeaways Year 1 - 3
Projects (Over-time revenue)
Vary in size, scale, complexity and scope
Early involvement to influence design and specifications
Design and supply versus turn-key
Largest installations can take +3 years, most complete
within (12) months
Change Orders, Site Specs, Pull-through
Incremental design and supply during installation
THERMON
August 2023 | 25
65%
Gross Margin
40%
Initial Bid
Expansions
Future Years
MRO
UE
MRO/UE
Key Takeaways Year 4+
•
Maintenance (Point-in-time revenue)
Site maintenance begins within 3 years of commissioning
Annuity-like value due to heat trace systems integrity,
hazardous
area and low % of overall system cost
Upgrades
•
5-7 years after commissioning
Facility driven work, typically won by incumbentView entire presentation