Financial Performance Highlights - Q4 FY25 revenue increased by $9 million, representing a 63% growth, reaching $152 million[8] - FY25 revenue grew by $273 million, a 51% increase, totaling $5651 million[21] - Q4 FY25 gross margin expanded by 370 basis points[31] - FY25 gross margin expanded by 280 basis points[6, 32] - FY25 Adjusted EBITDA margin expanded by 220 basis points to 77%[9, 41] - FY25 Net Income increased by 145%[41] - FY25 Adjusted EPS grew by 75% to $538[41] Cash Flow and Capitalization - Q4 FY25 operational cash flow was $302 million[6] - FY25 cash from operations reached $717 million[6] - Cash and cash equivalents stood at $846 million as of June 29, 2025[44] - Debt was reduced by $5 million to $8 million[46]

Company Overview - STRATTEC is a leader in smart vehicle access, security, and authorization solutions[5] - The company's market capitalization is $222 million, with a recent closing price of $54.34 per share[5] - Institutional ownership is 68%, and insider ownership is 9%[5] Financial Performance - Q3 FY25 sales increased by 2.4% year-over-year, reaching $144.1 million[36, 39] - Adjusted EBITDA for Q3 FY25 was $12.9 million, representing 8.9% of sales, up from $6.2 million (4.4% of sales) in Q3 FY24[34] - Gross margin expanded by 560 basis points in Q3 and 240 basis points year-to-date[46, 47] - The company generated $20.7 million in operational cash flow in Q3, with $41.5 million year-to-date[34] Strategic Initiatives - The company is focused on talent development, performance culture, and infrastructure modernization to drive sustainable performance[14] - STRATTEC is actively managing the tariff environment, with approximately 93% of US imports being USMCA compliant and not subject to additional tariffs[15, 20] - The company has captured $8 million in annualized pricing to start in Q3 FY25[31] Sales Breakdown - TTM revenue is $552.1 million[10] - By customer, OEMs account for 30% of sales, Tier 1 customers account for 23% of sales, and Commercial & Other customers account for 12% of sales[10] - By product, Keys & Locksets account for 25% of sales, Power Access accounts for 25% of sales, and Latches account for 14% of sales[10]

Q3 FY2025 Financial Results Conference Call May 9, 2025 Nasdaq: STRT Jennifer Slater President and CEO Matthew Pauli Senior Vice President and CFO www.strattec.com Safe Harbor Statement Safe Harbor Statement Certain statements contained in this presentation contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words or phrases such as "anticipate," "believe," "could," "expect," "intend ...