Investor Presentaiton
Statements & Disclosures
Forward-looking
Except for historical information contained herein, the matters discussed are
forward-looking statements within the meaning of the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995. You should not place
undue reliance on these statements. We base these statements on particular
assumptions that we have made in light of our industry experience, the stage
of product and market development as well as our perception of historical
trends, current market conditions, current economic data, expected future
developments, and other factors that we believe are appropriate under the
circumstances. These statements involve risks and uncertainties that could
cause actual results to differ materially from those suggested in the forward-
looking statements. The risks and uncertainties in these forward-looking
statements include how the COVID-19 pandemic has adversely impacted
worldwide supply chains and the ability to obtain sufficient component parts,
including semiconductor chips and integrated circuits, resins, coating, and
other equipment and components. Negative impacts on our supply change
could have a material adverse effect on our business.
Other risks and uncertainties are identified and discussed in our filings with the
Securities and Exchange Commission. These forward-looking statements are
based on information and management's expectations as of the date hereof.
Future results may differ materially from our current expectations. For more
information regarding other potential risks and uncertainties, see the "Risk
Factors" section of the Company's Form 10-K for the fiscal years ended
September 30, 2023. Genasys Inc. disclaims any intent or obligation to update
those forward-looking statements, except as otherwise specifically stated.
Non-GAAP operational metrics
We include in this presentation Non-GAAP operational metrics of adjusted
EBITDA, bookings and backlog, which we believe provide helpful
information to investors with respect to evaluating the Company's
performance. Adjusted EBITDA represents our net income before other
income, net, income tax expense (benefit), depreciation and amortization
expense and stock-based compensation. We do not consider these items
to be indicative of our core operating performance. The items that are non-
cash include depreciation and amortization expense and stock-based
compensation. Adjusted EBITDA is a measure used by management to
understand and evaluate our core operating performance and trends and
to generate future operating plans, make strategic decisions regarding
allocation of capital and invest in initiatives that are focused on cultivating
new markets for our solutions. In particular, the exclusion of certain expenses
in calculating adjusted EBITDA facilitates comparisons of our operating
performance on a period-to-period basis.. Bookings is an internal,
operational metric that measures the total dollar value of customer
purchase orders executed in a period, regardless of the timing of the
related revenue recognition. Backlog is a measure of purchase orders
received that have not been shipped but are planned to ship within the
next 12 months.
GENASYS.COM
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