Centrus IPO Presentation Deck
Financial Summary: Income Statement
Forte Fiscal Period Ending
Curncy USD $1,000,000
Bwwwmum
+Technical Solutions
Gross Profet-Total
Gross Margin-Total
Gross Profit-"Pro-loma" LEU Segment |***|
Total OtherOperating Expense
Adjusted EBITDA
Centrus
Puelling the Future)
Noter
01
LSD
P
(32)
(213)
4
01
102
(45)
10.3
155
⠀⠀
218
COM
Dec-31-201
-
124
17
18
01
SOLT
Centrus Proprietary Information
20
17.4
⠀.
#02019 Technical Solutions cost of goods sold indudes $18.3 million of total project loss for HALEU
(**) Represens $32. 4 million collected in 20, 2020 as part of a customer's bankruptcy proceeding
(***) Pro-toma includes Separate Work Units and Uranium, excluding one-time itemi
Jun-30-2020
FEL
121
0.7
10.5
13.7
KEY POINTS AND TRENDS:
LEU supply contract price reset in
2018-positive impact begins to
show in Q32019 financials
1
.
.
Price reset leads to adjusted
EBITDA of $32.5 million for the
trailing twelve months
We expect our revenue in the
3Q20 to be lower than our 2Q 20
due to timing of deliveries
We anticipate that our 4Q20
revenue and gross margin in the
LEU segment will be higher than
our 2020, as we typically have
more deliveries in 4Q (excluding
the one-time claim settlement in
2Q20)
>$32 million in TTM adjusted EBITDA
We anticipate FY21 and FY22
LEU segment revenues to be
slightly higher and gross margin
to be similar to FY20, based on
our current order book and under
current market conditions
(excluding the one-time claim
settlement in 2Q20)View entire presentation