Kimball Electronics, Inc. (NASDAQ:KE) Q3 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants Andy Regrut – Vice President, Investor Relations Don Charron – Chairman & Chief Executive Officer Jana Croom – Chief Financial Officer Conference Call Participants Anja Soderstrom – Sidoti Hendi Susanto – Gabelli Funds Mike Morales – Walthausen & Company Operator Good morning, ladies and gentlemen, and welcome to the Kimball Electronics Third Quarter Fiscal Earnings Conference Call. My name is ...

Second Quarter Fiscal 2022 Results Quarter Ended December 31, 2021 Supplementary Information to the February 8, 2022 Earnings Conference Call & Webcast Kimball Electronics (Nasdaq: KE) Safe Harbor Statement Certain statements contained within this supplementary information, including our fiscal year 2022 guidance, and any statements made during our earnings conference call today may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. The statements may be identified by ...

Kimball Electronics, Inc. (NASDAQ:KE) Q2 2022 Earnings Conference Call February 8, 2022 10:00 AM ET Company Participants Andy Regrut - Head of Investor Relations Don Charron - Chairman and Chief Executive Officer Jana Croom - Vice President and Chief Financial Officer Conference Call Participants Anja Soderstrom - Sidoti Mike Morales - Walthausen & Company Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are des ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) For the transition period from to Commission File Number 001-36454 KIMBALL ELECTRONICS, INC. (Exact name of registrant as specified in its charter) incorporation or organization) Indiana 35-2047713 (State or other jurisdiction of (I.R.S. Employer Identification No.) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2021 OR ☐ TRANSITI ...

Kimball Electronics, Inc. (NASDAQ:KE) Q1 2022 Earnings Conference Call November 4, 2021 10:00 AM ET Company Participants Andy Regrut - Head, Investor Relations Don Charron - Chairman and Chief Executive Officer Jana Croom - Vice President and Chief Financial Officer Conference Call Participants Anja Soderstrom - Sidoti Mike Morales - Walthausen Hendi Susanto - Gabelli Funds Operator Good morning, ladies and gentlemen and welcome to Kimball Electronics First Quarter Fiscal 2022 Earnings Conference Call. My n ...

Financial Performance - Net sales for the first quarter of fiscal year 2022 decreased by 12% to $292.7 million compared to $331.7 million in the same quarter of fiscal year 2021[100] - Gross profit declined by 49% to $15.6 million, representing 5.3% of net sales, down from 9.2% in the prior year[100] - Sales to the automotive market increased by 9% year-over-year, totaling $129.4 million, while sales to the medical market decreased by 33% to $85.0 million[101] - Open orders increased by 114% to $749.3 million compared to $349.8 million in the previous year, primarily driven by the automotive and medical verticals[102] Operational Challenges - Component shortages, particularly in semiconductors, continue to impact operations and customer commitments, with potential financial implications that cannot be reasonably estimated[93] - The COVID-19 pandemic continues to pose uncertainties affecting operations, with the company implementing safety measures to protect employees and minimize disruptions[92] - Selling and administrative expenses decreased in absolute dollars but increased as a percentage of net sales due to lower sales volume and higher payroll costs[104] - The company is focused on cost control while managing growth prospects amid global component shortages and logistical challenges[95] Financial Position - The company maintains a strong balance sheet with a current ratio of 1.8 and a debt-to-equity ratio of 0.2, with shareholders' equity at $440 million[96] - Receivables decreased by $26.5 million, while inventory increased by $61.7 million due to component shortages[108] - Working capital decreased to $275.6 million at September 30, 2021, from $282.6 million at June 30, 2021, with a current ratio of 1.8[109] - The company had $68.0 million in borrowings under the primary credit facility as of September 30, 2021, up from $62.7 million at June 30, 2021[122] - The unused borrowings under all credit facilities totaled $93.5 million at September 30, 2021, indicating sufficient liquidity for operational needs[126] Investment and Capital Expenditures - Cash used for investing activities increased to $(12.9) million in Q3 2021 from $(8.3) million in Q3 2020, with $12.7 million invested in capital expenditures[117] - Capital expenditure commitments were approximately $30 million, primarily for the expansion of facilities in Mexico and Thailand[127] Tax and Interest - Interest income increased to $24,000 in Q3 2021 from $7,000 in Q3 2020, while interest expense decreased to $(395,000) from $(823,000)[106] - The effective tax rate increased to 27.4% for Q3 2021 from 15.7% in Q3 2020, primarily due to a favorable tax adjustment in the prior year[107] Stock and Borrowing - The company has a stock repurchase plan authorized for up to $100 million, with $79.7 million repurchased through September 30, 2021[130] - The Netherlands subsidiary had $4.6 million in borrowings outstanding under its revolving credit facility as of September 30, 2021, up from $3.5 million as of June 30, 2021[129] Market Risks and Accounting - There were no material changes in exposure to market risks for foreign currency exchange rates and interest rates compared to the fiscal year ended June 30, 2021[137] - The company is monitoring the transition from LIBOR, which will cease publication of certain settings after June 30, 2023[137] - No level 1 or level 2 financial instruments were affected by a lack of market liquidity during the first quarter of fiscal year 2022[132] - There have been no material changes to critical accounting policies since the Annual Report for the year ended June 30, 2021[135] Future Outlook - The EMS industry is projected to grow at a compound annual growth rate (CAGR) of 7.1% through 2025, with the company targeting a long-term CAGR of 8%[91] - The company expects cash generation from operations could be adversely affected by factors such as economic conditions and supply chain issues[131] - The company intends to finance stock repurchases with existing liquidity, depending on market conditions and corporate considerations[130]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2021 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36454 KIMBALL ELECTRONICS, INC. (Exact name of registrant as specified in its charter) Indiana 35-2047713 (State or other jurisdiction of ...

Kimball Electronics, Inc. (NASDAQ:KE) Q4 2021 Earnings Conference Call August 5, 2021 10:00 AM ET Company Participants Andy Regrut - Investor Relations Don Charron - Chairman and Chief Executive Officer Jana Croom - Vice President and Chief Financial Officer Conference Call Participants Anja Soderstrom - Sidoti Mike Morales - Walthausen & Company Operator Good morning, ladies and gentlemen and welcome to the Kimball Electronics Fourth Quarter Fiscal 2021 Earnings Conference Call. My name is Adrianne and I w ...

Financial Results Fourth Quarter Fiscal Year 2021 Quarter Ended June 30, 2021 Supplementary Information to August 5, 2021 Earnings Conference Call Safe Harbor Statement Certain statements contained within this supplementary information, including our fiscal year 2022 guidance, and any statements made during our earnings conference call today may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. The statements may be identified by the use of words such as "expect," "sh ...

Financial Results Third Quarter Fiscal Year 2021 Quarter Ended March 31, 2021 Supplementary Information to May 6, 2021 Earnings Conference Call Kimball Electronics (Nasdaq: KE) Safe Harbor Statement Certain statements contained within this supplementary information and any statements made during our earnings conference call today may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. The statements may be identified by the use of words such as "expect," "should," "goal ...