PowerSecure International 8-K Powersecure to Present at Baird 2015

1

1

May 2015

Exhibit 99.2

2

2

Forward-Looking Statements

Safe Harbor–

All

forward-looking

statements

made

or

referred

to

in

this

presentation

are

made

under

the

safe

harbor

provisions

of

the

Private

Securities

Litigation

Reform

Act

of

1995.

Forward-looking

statements,

which

are

all

statements

other

than

statements

of

historical

facts

and

include

beliefs,

opinions,

estimates,

expectations

and

projections

about

future

business

developments,

opportunities,

financial

guidance,

prospects,

and

outlook,

are

not

guarantees

of

future

performance

or

events

but

are

based

upon

current

assumptions

and

subject

to

risks,

uncertainties

and

other

factors

that

could

cause

actual

results

to

differ

materially

from

those

expressed,

projected

or

implied,

including

risks

and

uncertainties

set

forth

in

the

Company's

SEC

filings,

including

but

not

limited

to

the

Company’s

most

recent

Form

10-K

and

subsequent

SEC

filings

including

reports

on

Form

8-K

and

Form

10-Q.

Any

forward-looking

statements

in

this

presentation

speak

only

as

of

the

date

hereof

and

are

subject

to

change,

and

the

Company

assumes

no

duty

or

obligation

to

update

or

revise

any

forward-looking

statements.

3

3

What You Will Hear Today

1.

Who we are

2.

Where we have been

3.

Where we are now

4.

Where we are going

4

4

What You Will Hear Today

1.

Who we are

2.

Where we have been

3.

Where we are now

4.

Where we are going

5

5

POWR

Percentage

of

year-over-year

backlog growth

>750

employees

Focused on Operational Excellence

Strong

balance

sheet

$283 million

Trailing 12 month revenues

Headquarters:

Wake Forest, NC

$402

million

Record backlog

Record 1

st

Quarter

revenues of $79.5 million

Who We Are

79%

6

6

Who We Are: Utility Focused

Energy Efficiency

Products/Services

Utility

Infrastructure

Solutions

Distributed

Generation

Systems

7

7

What You Will Hear Today

1.

Who we are

2.

Where we have been

3.

Where we are now

4.

Where we are going

Where We Have Been:

Building and Growing our Business

9

9

What You Will Hear Today

1.

Who we are

2.

Where we have been

3.

Where we are now

4.

Where we are going

10

10

Where We Are Now: Solid Q1 Execution

•

Revenues of $79.5 million

(+50.6% y-o-y)

•

Gross margin of 26.8%

(DG: 38.6%, EE: 37.0%)

•

GAAP EPS of $0.01

•

Record backlog grows to $402 million

(vs. $225 million at May 2014)

•

$23.8 million in cash, $21.4 million in term debt and capital leases, nothing drawn on

$20 million revolving credit facility

•

Operating margin continues to expand y-o-y

11

11

Recent Acquisitions Add Value: Solar

•

$22.6M in FY 2014 solar revenues

•

+ $140 M to backlog since mid-2014 

-

Includes $120M project w/large IOU

•

Accretive to net income & EPS

•

In-house turnkey EPC capability

•

Strategic offering integrated into

microgrid solutions

Purchased

solar business for

$4M

in

June 2012

12

12

Recent Acquisitions Add Value:

Energy Efficiency Services

•

Serve super-ESCOs with lighting,

mechanical, water and building

envelope solutions to deliver savings

•

Added retail capability in 2014

•

Opens new customer channels for DG

and LED lighting solutions

Paid ~$6M for EES

capabilities in

2013/14

13

13

Recent Acquisitions Add Value: Solais

•

Significant sourcing and manufacturing

expertise

•

Adding substantial efficiencies to

manufacturing of PowerSecure’s existing

LED solutions

•

Gross margins have expanded >10pp

•

Outstanding proprietary portfolio of LED

lamps and fixtures for C&I applications

•

Superior light output, thermal management,

optics, light quality and aesthetics

Purchased Solais

lighting business

for $15 M

April 2013

14

14

Recent Acquisitions Add Value: Mission Critical

•

Full turnkey electrical infrastructure,

design, implementation and

commissioning to data center owners

•

Established market leader

•

Speeds access to key data center        

decision makers

•

Nearly $9M in Q1 2015 revenues

Purchased for $13M

in

October 2014

15

What You Will Hear Today

1.

Who we are

2.

Where we have been

3.

Where we are now

4.

Where we are going

15

16

Where We Are Going: 2015 Focus Areas

1.

Relentless pursuit of operational excellence in everything we do

2.

Expand our operating margins to drive EPS in 2015 and beyond

3.

Grow pipeline of opportunities for 2016 and convert them to backlog

16

17

17

Where We Are Going:

Building and Growing our Business

CAGR 29.4%

18

18