☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) 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 Number 001-36454 keilogoonelinecolorcmyk2revi.jpg KIMBALL ELECTRONICS, INC. (Exact name of registrant as specified in its charter) (State or other j ...

· Drug Delivery Kimball Electronics | 5 • 34% increase compared to Q3 last year • 8% sequential step-up from Q2 Foreign exchange negatively impacted sales by 2% in the quarter o $500 $485 $475 $450 $437 $425 $406 $400 $373 $368 $375 Millions $350 $329 $325 $315 $300 $293 $275 $250 $225 $200 Q1'22 Q2'22 Q3'22 Q1'23 Q2'23 Q4'21 Q4'22 Q3'23 • 7% step-up from Q2 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------|-------|-------| ...

Kimball Electronics, Inc. (NASDAQ:KE) Q3 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Andy Regrut - Vice President, Investor Relations Ric Phillips - Chief Executive Officer Jana Croom - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Capital Hendi Susanto - Gabelli Funds Mac Furst - Singular Research Operator Good morning, ladies and gentlemen and welcome to the Kimball Electronics Third Quarter Fiscal 2023 Earnings Conference Call. My name is ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Indiana 35-2047713 (State or other jurisdiction of (I.R.S. Employer Identification No.) (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 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 Number 001-36454 KIMBALL ELECTRONICS, INC. (Exact n ...

Kimball Electronics, Inc. (NASDAQ:KE) Q2 2023 Earnings Conference Call February 9, 2023 10:00 AM ET Company Representatives Don Charron - Chairman, Chief Executive Officer Jana Croom - Chief Financial Officer Ric Phillips - Incoming Chief Executive Officer Andrew Regrut - Vice President of Investor Relations Conference Call Participants Anja Soderstrom - Sidoti Jaeson Schmidt - Lake Street Capital Mac Furst - Singular Research Operator Good morning, ladies and gentlemen. Welcome to Kimball Electronics, Seco ...

Financial Performance - The company reported record quarterly net sales of $436.7 million for the second quarter of fiscal year 2023, a 39% increase from $315.3 million in the same quarter of the prior year[95]. - The company experienced a 39% increase in net sales for the six months ended December 31, 2022, totaling $842.6 million compared to $608.0 million in the same period of the previous year[100]. - Sales in the automotive market reached $200.0 million in the second quarter, up 44% from $139.0 million in the same quarter of fiscal year 2022, driven by program ramp-ups and new product launches[100]. - Sales to customers in the medical market had a double-digit increase in both the second quarter and year-to-date period of fiscal year 2023 compared to the prior fiscal year[104]. - Sales to customers in the industrial market increased by 27% in the second quarter of fiscal year 2023 compared to the same period in fiscal year 2022[104]. - The impact of foreign currency fluctuations was an unfavorable 5% on net sales in the current quarter compared to the same period of fiscal year 2022[100]. Profitability and Margins - The gross profit margin improved to 7.8% in the second quarter of fiscal year 2023, compared to 6.6% in the same quarter of the previous year, reflecting a 64% increase in gross profit[100]. - Gross profit as a percentage of net sales improved in the second quarter and first half of fiscal year 2023 compared to the same periods in fiscal year 2022[102]. - Selling and administrative expenses increased in absolute dollars but declined as a percentage of net sales in the second quarter and first half of fiscal year 2023 compared to the same periods in fiscal year 2022[103]. Balance Sheet and Liquidity - The company maintained a strong balance sheet with a current ratio of 2.0 and a debt-to-equity ratio of 0.6, with shareholders' equity at $481 million as of December 31, 2022[97]. - The current ratio improved to 2.0 at December 31, 2022, up from 1.9 at June 30, 2022[108]. - Open orders increased by 35% to $1,037 million compared to $771 million in the prior year, indicating strong demand and a growing backlog[100]. - Open orders increased by 35% as of December 31, 2022 compared to December 31, 2021, but decreased by 13% compared to June 30, 2022[101]. Operational Challenges - The company faced challenges due to component shortages and shipping delays, particularly with semiconductors, which could impact future operations and costs[93]. - The company has implemented cost control measures while managing growth prospects, including capacity expansions in Mexico and Thailand[96]. Capital Expenditures and Borrowings - Borrowings on credit facilities increased by $93.0 million primarily for working capital and capital expenditures supporting expansions[107]. - The company had $264.3 million in borrowings under the primary credit facility at December 31, 2022, compared to $171.4 million at June 30, 2022[121]. - The company sold $225.1 million of accounts receivable without recourse in the six months ended December 31, 2022, compared to $125.3 million in the same period of 2021[125]. - Capital expenditure commitments as of December 31, 2022, were approximately $23 million, primarily for facility expansions in Poland, Mexico, and Thailand[129]. - A new 364-day multi-currency revolving credit facility was entered into on February 3, 2023, allowing for borrowings up to $50 million to support equipment and working capital needs[126]. Future Outlook - The EMS industry is projected to grow at a compound annual growth rate (CAGR) of 5.5% through 2026, indicating a favorable market outlook for the company[91]. - The company expects to complete its Poland facility expansion in early fiscal year 2024, following recent expansions in Thailand and Mexico[128]. Shareholder Returns - The company has a Board-authorized stock repurchase plan allowing for the repurchase of up to $100 million of common stock, with $88.8 million repurchased through December 31, 2022[132].

Quarter Ended December 31, 2022 Second Quarter Fiscal 2023 Results Supplementary Information to the February 7, 2023, Earnings Conference Call & Webcast Kimball Electronics (Nasdaq: KE) Safe Harbor Statement This supplementary information contains non-GAAP financial measures. The non-GAAP financial measures contained herein include Constant Currency Growth, Adjusted Selling & Administrative Expenses, Adjusted Operating Income, Adjusted Net Income, Adjusted Diluted Earnings Per Share, and Return on Invested ...

Kimball Electronics, Inc. (NASDAQ:KE) Q1 2023 Results Conference Call November 8, 2022 10:00 AM ET Company Participants Andrew Regrut - VP, IR Donald Charron - Chairman & CEO Jana Croom - CFO Conference Call Participants Max Michaels - Lake Street Capital Markets Anja Soderstrom - Sidoti Hendi Susanto - Gabelli Funds Operator Good morning, ladies and gentlemen, and welcome to the Kimball Electronics First Quarter Fiscal 2023 Earnings Conference Call. My name is [Darius La] (ph) and I'll be the facilitator f ...

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 September 30, 2022 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 Number 001-36454 KIMBALL ELECTRONICS, INC. (Exact name of registrant as specified in its charter) incorporation or organization) Indian ...

@ " " G (3 (0 D (@ 鲁 Kimball Electronics Midwest IDEAS Conference (18) Electronics 1 Safe Harbor Statement Certain statements contained within this presentation may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. The statements may be identified by the use of words such as "expect," "should," "goal," "predict," "will," "future," "optimistic," "confident," and "believe." These forward-looking statements are subject to risks and uncertainties including, without limita ...