TSS (TSSI) Investor presentation summary

Business and service offerings

• Procurement, systems integration and facilities management support IT hardware and software planning, deployment and maintenance.

• Procurement processed $279M of products in 2025; gross value processed grew ~65% YoY with margin expansion.

• Systems integration is a growth focus, with on-site rack integration positioned to better utilize assets and deliver higher margins.

• Facilities management includes maintenance, equipment sales and deployment, with gross margins above 50%; post-deployment modular data center contracts typically last one year.

Market opportunity and strategy

• AI, cloud and edge computing are driving data center demand; global server market projected at $454B in 2025, $647B in 2026 and $931B in 2027, with 25.1% CAGR through 2030.

• Gartner forecast 55.8% YoY growth in 2026 data center systems spending to $788B, driven by hyperscaler AI investment and high-performance computing deployments.

• Strategy centers on co-selling, channel leverage, service portfolio expansion, close OEM collaboration, operational efficiency and selective partnerships.

• Growth levers include new offerings, direct selling investment, expanded capacity and partnerships.

Financial performance

• Revenue reached $245.7M in FY2025, up 66% YoY; annual revenue grew at a 73% four-year CAGR.

• FY2025 adjusted EBITDA was $18.6M, up 83% YoY; FY2026 adjusted EBITDA outlook is $21M–$23M as of Nov. 5, 2026.

• Adjusted EBITDA was $14.5M for 9M 2026, compared with $10.7M for 9M 2025.

• Procurement represented 80% of FY2025 revenue and 47% of gross profit; higher-margin systems integration and facilities management contributed 53% of gross profit on 20% of revenue.