Ingram Micro (INGM) Investor presentation summary

Strategic transformation and business model evolution

• Expanded global presence, especially in fast-growing regions like EMEA, APAC, and LatAm.

• Shifted focus to Advanced Solutions and Cloud, driving higher margins and growth.

• Enhanced technology stack with investments in data mesh architecture and CloudBlue infrastructure.

• Built the Xvantage platform, delivering a personalized B2C experience for B2B customers.

• Completed over 40 acquisitions worth ~$2B since 2012, broadening offerings and expertise.

Financial performance and capital allocation

• Q1 2025 net sales reached $12.3B, up 10.8% year-over-year on an FX-neutral basis.

• Gross profit was $829M, with non-GAAP net income of $144M and adjusted EBITDA of $291M.

• Paid first quarterly dividend and increased it for Q2; repaid $125M in debt, reducing leverage ratio to 2.0x.

• Adjusted free cash flow for Q1 2025 was $(159)M, reflecting working capital changes and investments.

• Strong liquidity position with $3.5B available under revolving credit facility.

Product, service, and solutions portfolio

• Offers a broad mix: Client & Endpoint Solutions, Advanced Solutions, Cloud, and ITAD/Reverse Logistics.

• Cloud business features 200+ offerings, white-label marketplace, and managed IT services.

• Supports circular economy through IT asset disposal and repair services.

• Delivers professional services, cybersecurity, and cash flow solutions.

• Serves nearly 90% of the global population with operations in 57 countries.