Hudson Technologies (HDSN) Investor Presentation

Financial Performance & Targets - Hudson Technologies achieved a 149% revenue growth in Q1 2022, reaching $84 million[2,3] - The company's gross profit for Q1 2022 was $45 million, with an operating income of $38 million[3] - The targeted annual operating model for 2023 includes revenue of ~$350+ million, gross profit of $105 million, and operating income of $72 million[4] Industry Disruption & Market Opportunity - The installed base of >100 million HFC units will require transition to next-generation equipment[2,20,25] - Hudson Technologies holds approximately 35% of the U S reclamation market share[2,17,22] - The AIM Act is expected to create a 40% reduction in virgin HFC supply in 2024[15] Regulatory & Environmental Factors - The AIM Act mandates the EPA to promote reclamation opportunities[26] - HFC emissions could potentially produce up to 19% of CO2 emissions by 2050[7] - The company's HFC allocation allowance for 2022 is equal to ~3 million metric tons exchange value equivalents, or 1% of total HFC consumption allocation[15] Strategic Positioning - Hudson handles in excess of 200,000 reclaim cylinders per year[17] - The company has a diverse customer base of 7,000+ customers and 40+ facilities and stocking points[12]