Tornado Infrastructure Equipment (TGH) Corporate Presentation summary

Quarterly and financial highlights

• Q3 2024 revenue reached $30.5M, up 12.4% year-over-year, with EBITDAS at $3.1M, a 43.6% increase YoY.

• Cash position at $3.0M and debt/leases at $5.5M as of September 30, 2024.

• Analyst consensus for 2024: revenue of $131.6M and EBITDA of $13.2M.

• Projected 2024 unit sales: 320, up from 241 in 2023 and 143 in 2022.

• New facility under construction to boost production capacity, completion expected Q2 2025.

Industry and market outlook

• Global vacuum truck market forecasted to grow from $2.0B in 2024 to $3.5B by 2032.

• US infrastructure and climate legislation expected to drive significant demand for hydrovac services.

• Hydrovac excavation is becoming the North American standard for safe urban and infrastructure work.

Competitive advantages and innovation

• Over 1,500 hydrovac trucks built since 2005, with a reputation for quality and reliability.

• Proprietary Vortex technology enhances safety, monitoring, and operational control.

• Strategic supply chain partnerships and robust dealer networks across North America.

• Comprehensive support and service coverage for maintenance and repairs.