Core Viewpoint - Zacks Investment Research has initiated coverage of SIFCO Industries, assigning a "Neutral" recommendation amid a mixed outlook for the company, which is making progress in the aerospace and energy sectors despite industry challenges [1] Company Overview - SIFCO Industries, based in Cleveland, OH, manufactures forgings, sub-assemblies, and machined components primarily for the aerospace and energy markets, specializing in forging, heat-treating, chemical processing, and machining services [2] Financial Performance - SIFCO Industries reported a 20.5% revenue increase in fiscal 2024, reaching $79.6 million, driven by strength in its aerospace and energy segments [3] - The company achieved positive adjusted EBITDA of $0.8 million in fiscal 2024, recovering from a $2.6 million loss in fiscal 2023 [3] Growth Drivers - Key factors for future growth include a strong backlog of $114.4 million at the end of fiscal 2024, up from $97.4 million the previous year, providing revenue visibility [4] - In fiscal 2025, $85 million of this backlog is scheduled for delivery, positioning the company to benefit from ongoing demand in defense and commercial aerospace [4] - SIFCO's niche expertise in high-quality forgings and components is expected to capitalize on industry trends [4] Market Positioning - SIFCO Industries' stock has underperformed compared to industry peers and the broader market over the past year, with valuation metrics reflecting investor caution regarding the company's financial health and future profitability [6] - The company's financial risks and operational challenges are currently limiting near-term upside unless sustained profitability improvements and stronger cash flow generation are demonstrated [6] Strategic Considerations - The company faces supply chain disruptions and rising labor costs, which continue to pressure profitability [5] - Higher debt costs and intense competition in the aerospace components market are additional challenges [5] - The lack of presence in next-generation aviation technologies is a concern for potential investors [5]

Table of Contents 32 SIFCO Industries, Inc. and Subsidiaries Consolidated Statements of Shareholders' Equity (Amounts in thousands) C. CASH EQUIVALENTS | --- | --- | --- | --- | --- | |---------------------------------------------|-------|--------|-------|--------| | Property, plant and equipment: | | | | | | Land | $ | 469 | $ | 469 | | Buildings | | 13,514 | | 13,514 | | Machinery and equipment | | 74,497 | | 79,853 | | Total property, plant and equipment | | 88,480 | | 93,836 | | Less: Accumulated deprec ...

Exhibit 99.1 Cleveland - SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its fourth quarter and fiscal 2024, which ended September 30, 2024. Results for the Fourth Quarter Results for the Fiscal Year 2024 Other Highlights Use of Non-GAAP Financial Measures Forward-Looking Language 1 2 3 | --- | --- | --- | --- | --- | |---------------------------------------------------------------------|-------|------------------------------------|-------------|---------------------------- ...

SIFCO Industries, Inc. ("SIFCO") Announces Second Quarter Fiscal 2024 Financial Results Cleveland - SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its second quarter of fiscal 2024, which ended March 31, 2024. Second Quarter Results Year to Date Results Other Highlights CEO Peter W. Knapper stated, "EBITDA, at $926k, turned positive for the quarter as we ramp up deliveries. Our backlog continued to grow and stands at $137.8 million. We are pleased with the progress and con ...

970 East 64th Street, Cleveland Ohio 44103 (Address of principal executive offices) (Zip Code) UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ 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 1-5978 SIFCO Industries, Inc. (Exact name of re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ 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 1-5978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 970 East 64th Street, Cleveland Ohio 441 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 or ☐ 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 1-5978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) | Ohio | 34-0553950 | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ 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 1-5978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2022 or ☐ 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 1-5978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) Ohio 34-0553950 (Stat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ 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 1-5978 SIFCO Industries, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizat ...