UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File No. 0-07099 CECO ENVIRONMENTAL CORP. (Exact name of registrant as specified in its charter) Delaware 13-2566064 (State or other jurisdiction ...

CECO Environmental Corp. (NASDAQ:CECO) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Steven Hooser - Investor Relations Todd Gleason - Chief Executive Officer & Member of Board Peter Johansson - Chief Financial Officer & Strategy Officer Ramesh Nuggihalli - Chief Operating Officer Conference Call Participants Aaron Spychalla - Craig-Hallum Rob Brown - Lake Street Capital Markets Jim Ricchiuti - Needham & Company Sameer Joshi - H.C. Wainwright Operator Good morning and welcome ...

6 7 ($MM) Q1'23 YoY Comments Record 1Q GP$ level … Gross Margins improving year-over-year … covering inflation with price and execution, TTM rate of 30.9% … $270 $296 $322 $458 $527 Strong & Consistent Orders Growth = 2023 Revenue Growth Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 | --- | --- | |-------|-------| | | | | | | | $322 | | | $81 | | | 3% | | | (9)% | | $77 $83 $72 $79 $80 $94 $92 $105 $108 $116 $113 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Record Q3 ...

| --- | --- | --- | |------------------------------------------------------------------------|-------|------------| | (in thousands) \nCurrent assets (including cash of $1,557) | $ | 2,711 | | Property and equipment | | 188 | | Goodwill | | 7,344 | | Intangible - finite life | | 3,158 | | Total assets acquired | | 13,401 | | Current liabilities assumed | | (1,127 ) | | Deferred income tax liability | | (824 ) | | Net assets acquired | $ | 11,450 | The Company acquired customer lists and tradename intangible ...

CECO Environmental Corp. (NASDAQ:CECO) Q4 2022 Earnings Conference Call Transcript March 6, 2023 8:30 AM ET Company Participants Steven Hooser - IR Todd Gleason - CEO Peter Johansson - Chief Financial and Strategy Officer Conference Call Participants Aaron Spychalla - Craig-Hallum Capital James Ricchiuti - Needham & Company Robert Brown - Lake Street Capital Amit Dayal - H.C. Wainwright William Dezellem - Tieton Capital Gerard Sweeney - ROTH MKM Partners Operator Good morning and welcome to the CECO Env ...

公司业务 - 公司是一家领先的环保型多元化工业公司，全球服务于工业空气、工业水和能源转型市场，提供创新技术和应用专业知识[187] - 公司相信产品和服务的增长受到对空气质量和水处理解决方案的需求增加、能源转型、向天然气、氢气、核能和可再生能源等更清洁燃料的转变以及客户对企业社会责任的意识增强和采购旨在保护员工、环境和工业设备的设备和解决方案的兴趣的推动[189] - 公司专注于在发展中市场增加收入和盈利能力，同时继续加强和扩大在美国国内市场的产品和渠道[192] - 公司的资本配置策略支持由运营策略产生的增长和价值创造，重点放在扩展领先的工业空气解决方案组合、推进新兴的工业水处理地位，并支持客户向更清洁、更可持续的能源形式转变，同时将组合结构转向具有更多重复收入和更可预测现金流、强劲的长期增长趋势和较少周期性的业务[194] 财务表现 - 公司的营业收入在2022年、2021年和2020年分别为422.6百万美元、324.1百万美元和316.0百万美元，毛利为128.2百万美元、100.9百万美元和105.1百万美元，营业利润为22.2百万美元、9.9百万美元和13.3百万美元[211] - 非GAAP营业利润分别为34.8百万美元、19.1百万美元和28.2百万美元，非GAAP净收入分别为25.9百万美元、9.8百万美元和19.5百万美元[211] - 2022年公司的综合净销售额为4.226亿美元，较2021年的3.241亿美元增加了9850万美元[212] - 2022年公司的毛利润为1.282亿美元，较2021年的1.009亿美元增加了2730万美元，毛利润率由31.1%下降至30.3%[213] - 2022年公司的订单额为5.266亿美元，较2021年的3.608亿美元增加了46%，其中86.4%为有机增长[214] - 2022年公司的销售和管理费用为9,340万美元，较2021年的8,180万美元增加了1160万美元[215] - 2022年公司的营业收入为2,220万美元，较2021年的990万美元增加了1230万美元，营业收入率由3.1%上升至5.3%[218] - 2022年公司的非GAAP营业收入为3,480万美元，较2021年的1,910万美元增加了1570万美元[219] - 2022年公司的其他收入为690万美元，较2021年的其他支出的2.2万美元增加了910万美元[220] - 2022年公司的利息支出为540万美元，较2021年的300万美元增加了240万美元[221] - 2022年公司的净工作资本为9,400万美元，较2021年的7,230万美元增加了2,170万美元[233] - 2022年公司的现金及现金等价物为4,550万美元，较2021年的2,990万美元增加了1,560万美元[234] 现金流和资金管理 - 2022年，公司的信贷设施和其他非美国信贷设施和协议的未使用信贷额度为59.8百万美元[242] - 2022年，经营活动提供的现金流量为29,649千美元，较2021年增加了16.3百万美元[242] - 2022年，投资活动使用了48.3百万美元，其中44.9百万用于当年收购[244] - 2022年，融资活动提供了38.2百万美元，主要是通过循环信贷额度净借款和合资公司期限债务借款来资助当年收购[246] - 公司的主要资金来源是经营活动产生的现金和信贷设施下的借款额度[248] - 公司的主要现金需求包括债务偿还、利息支出、未完成销售合同相关成本的购买义务、运营和资本租赁义务以及与收购相关的潜在责任[249] - 公司的主要现金需求来自已知合同义务，截至2022年12月31日，总计292,232千美元[250] 风险管理 - 公司完成了对无限期无形资产的年度减值测试，2022年和2021年未发现减值[262] - 公司完成了对商誉的年度减值评估，2022年12月31日所有报告单位的估计公允价值均超过其账面价值[264] - 公司外国子公司的未分配收益并非永久再投资，已记录了对这些未分配外国收益的递延税的负债[270] - 公司在2022年12月31日的长期债务和长期债务到期的现值为1.127亿美元，根据假设，公司估计的加权平均借款利率的10%变化将导致未来收益和现金流量的潜在减少（增加）[274] - 公司在荷兰、加拿大、中国、英国、新加坡、印度、阿联酋和韩国等多个国家拥有全资子公司，未来汇率变动可能会对公司的收入、运营费用和利润产生积极或消极影响[275]

CECO Environmental Corp. (NASDAQ:CECO) Q3 2022 Earnings Conference Call November 7, 2022 8:30 AM ET Company Participants Steven Hooser - IR Todd Gleason - CEO Peter Johansson - Chief Financial and Strategy Officer, Conference Call Participants Amit Dayal - H.C. Wainwright Rob Brown - Lake Street Capital Markets Jim Ricchiuti - Needham & Company Aaron Spychalla - Craig Hallum. Bill Dezellem - Tieton Capital Thomas Claugus - GMT Capital Operator Good morning, and welcome to the CECO Environmental Third Quarte ...

Q3 2022 Earnings Release November 7, 2022 Forward-looking statements and Non-GAAP information 2 This presentation contains forward-looking statements with predictions, projections and other statements about future events. These statements are made on the basis of management's views and assumptions regarding future events and business performance. We use words such as "believe," "expect," "anticipate," "intends," "estimate," "forecast," "project," "will," "plan," "should" and similar expressions to identify ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $0.01 per share CECO The NASDAQ Stock Market LLC FORM 10-Q (Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2022 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securit ...

6th Annual Best Ideas Growth (BIG6) Conference Todd R. Gleason, Chief Executive Officer September 14, 2022 Forward-looking statements and Non-GAAP information This presentation contains forward-looking statements with predictions, projections and other statements about future events. These statements are made on the basis of management's views and assumptions regarding future events and business performance. We use words such as "believe," "expect," "anticipate," "intends," "estimate," "forecast," "project, ...