Arxis (ARXS) Registration filing summary

Company overview and business model

• Designs and manufactures proprietary, mission-critical electronic and mechanical components for extreme environments, serving aerospace, defense, medical, and industrial markets.

• Operates a decentralized structure with 46 business units and leverages the Arxis EDGE system for data-driven growth and execution.

• Revenue is highly recurring, with 90% from proprietary products and over 600 platforms served.

• Growth strategy includes organic expansion via a “layer cake” model and disciplined M&A, with 32 acquisitions since 2019.

Financial performance and metrics

• 2025 revenue: $1.6 billion; net income: $46 million; adjusted EBITDA: $571 million (35.9% margin).

• 2025 revenue grew 114.1% over 2024, with organic growth of 8.9%.

• Capital expenditures have remained below 3.3% of revenue over the past five years.

• Free cash flow conversion for 2025 was 454.0%.

Use of proceeds and capital allocation

• Net proceeds will be used to repay borrowings under credit facilities, with the remainder for working capital and general corporate purposes, including potential acquisitions.

• Management retains broad discretion over capital allocation.