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Clearfield (CLFD) Investor Presentation - Slideshow
ClearfieldClearfield(US:CLFD)2023-03-17 18:46

Financial Performance & Growth - Clearfield's FY2022 revenue reached $270.9 million[34], showcasing significant growth compared to previous years - The company achieved a gross margin of 41.7% in FY2022[34] - Net income for FY2022 was $49.4 million[34, 63], with a net margin of 18.2%[34] - Q1 2023 revenue was $86 million[55, 75], representing a 68% growth rate[75] - Gross profit increased by 85% year-over-year[60] - Q1 2023 net income reached $14.3 million[103] Market & Strategy - The company is focused on serving the fiber market[13] - Clearfield is targeting a $200 billion 5G market by 2030, with a CAGR of approximately 48% from 2022 to 2030[17] - US subsidies of $100 billion are allocated for broadband deployment[17] - The US FTTH market is estimated to be over $12.5 billion[40] - Approximately 60 million fiber homes are expected to be passed by 2030[40]